The “Crazy Rich Asians” Stock Market (and Sentiment Results)

“Crazy Rich Asians” is a 2018 American romantic comedy film directed by Jon M. Chu.  The film chronicles a Chinese-American professor who travels to meet her boyfriend’s family and is surprised to discover they are among the richest in Asia. Continue reading “The “Crazy Rich Asians” Stock Market (and Sentiment Results)”

The Taylor Swift “Bad Blood” Energy Market (and Sentiment Results)

In previous weeks we discussed being bullish on the general market over the intermediate term, while recognizing and respecting a short term “overbought” condition that could either be worked off in time (grind sideways) or price (short term pullback) to shake out the “late money” that missed the rally from Aug/Sept lows.

Continue reading “The Taylor Swift “Bad Blood” Energy Market (and Sentiment Results)”

Global Fund Manager Survey (BAML): Bullish or Bearish?

Data Source: Bank of America Merrill Lynch

This morning, the monthly Bank of America Merrill Lynch Global Fund Managers Survey was published.  The key point that is being focused on is the fact that cash levels have dropped dramatically in the past 30 days (from 5% to 4.2%).  Additionally, equity positioning jumped 20% – to 21% overweight.  This was a one year high. Continue reading “Global Fund Manager Survey (BAML): Bullish or Bearish?”

The Katy Perry “Hot ‘N Cold” Stock Market (and Sentiment Results)

In last week’s note on stock market sentiment, we laid out a bullish case over the next 6 months, and simultaneously cautioned against possible mini-shakeouts in the short term designed to take out the late money – that has just joined the party off of the August lows (in recent days/weeks). Continue reading “The Katy Perry “Hot ‘N Cold” Stock Market (and Sentiment Results)”