The Daily Sentiment Index of NASDAQ traders pushed to 94%, which made the 5-day average rise to 92.4%. This is the most extreme reading in over 14 years and the third highest on record. Traders are nearly certain that the NASDAQ will continue to rally from near current levels. Traders are as bullish as at … Continue reading Hopes are high, but how smart is your investment strategy? →

Mixed signals or confirming signals? There are four variables that can determine whether the current secular stock market cycle is in bull or bear territory: P/E, dividend yield, inflation rate, and bond yields.  P/E is the pure measure of the stock market valuation level, especially when it is normalized for the business cycle. Dividend yield, … Continue reading Bull or Bear? →