Stock Market Bearish Sentiment at Highest Level Since 2009

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  • 22 Sep '22 at 5:29 pm #44308
    KnovaWave
    Participant

    Investor sentiment is a key gauge for the velocity and voracity of a market potential move. A dark cloud has come over the markets in the past few wee
    [See the full post at: Stock Market Bearish Sentiment at Highest Level Since 2009]

    23 Sep '22 at 6:35 am #44320
    MoneyNeverSleeps
    Participant

    Further weighing on investor sentiment this morning is Goldman Sachs cutting its year end price target for the S&P 500 to 3,600 from 4,300.
    $GS sees potential downside to 3,150 in the event of a hard landing.

    23 Sep '22 at 6:36 am #44321
    MoneyNeverSleeps
    Participant

    S&P 500 futures are down 53 points and are trading 1.4% below fair value.
    Nasdaq 100 futures are down 178 points and are trading 1.6% below fair value.
    Dow Jones Industrial Average futures are down 380 points and are trading 1.2% below fair value.

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