Sentiment points to an imminent trend reversal in US stocks

In 1949, investing legend Benjamin Graham eloquently characterized the cyclical nature of financial markets in his book "The Intelligent Investor":"The market is a pendulum that forever swings between unsustainable optimism and unjustified pessimism. " Normally, social mood waxes and wanes positively and negatively. Thus, sentiment waxes and wanes in the form of dynamic cycles. Mood … Continue reading Sentiment points to an imminent trend reversal in US stocks