All Posts Tagged With: "market bottoms"
Gold and Oil Top Peter Grandich’s Shopping List
Source: The Gold Report
Peter Grandich, creator and producer of The Grandich Letter for a quarter century, allied himself with AGORACOM in October, bringing his well-known and oft-quoted commentaries to a far wider audience than his subscriber base and financial media such as The Wall Street Journal, MarketWatch, CNN, GlobeInvestor, Financial Post and BNN. Breaking away briefly from his recent blogging, the veteran Wall Street watcher and investment advisor tells The Gold Report readers what he likes looking forward—gold (up to $1,000) and oil (between $35 and $40). Also high on his list: uranium (for the nuclear renaissance), junior miners (a…
4Feb2009 | The Gold Report | 0 comments | ContinuedSentiment suggests a looming stock market rally
But is there enough fear to form a bottom?
Investor sentiment is an important tool in market-timing, often indicating an approaching reversal in the market’s direction. It is also known as a ‘contrary indicator.’ That is, investors are usually bullish and full of confidence by the time a bull market or major rally has gone on long enough to reach a top. In the opposite direction, investors are usually at an extreme of bearishness and fear by the time a serious correction has reached a bottom.
Sentiment is the clearest indication of why most investors fail to keep the gains they make…
12Nov2008 | Street Smart Report | Comments Off | Continued
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