My Sentiment Charts Suggest Another Tradable Low

Owner and Founder of "Kirk's Investment Newsletter" • Feb 12, 2016 at 1:34 PM EST

The charts in this week's sentiment update show the markets are testing the January 2016 lows and the August 2015 intraday lows. This should be another great time to add to positions for a tradable rally.

The time to buy stocks is when there is “blood in the streets”.
In late August through early September 2015, my sentiment charts were screaming BUY.
That was a great time to buy for a tradable rally.
I took profits as the markets rallied through the end of 2015 and sentiment rose.
Many sentiment indicators are now close to the lows of last year

Currently, on an intraday basis the S&P500 is down 14.4% from its record high.

Note how the Russell 2000 small cap index is in a bear market, down 27% from its all-time high and 12% below its 8/25/15 low.

Every week I review my sentiment charts of the weekly data. In this article, I compare the sentiment levels from various surveys in my table to get an idea of overall investor sentiment.

See all the charts and sentiment indicators at

With SPY Down 14% Again, Sentiment Charts Suggest Another Tradable Low

Continue reading this article here.

Disclosure:

I am long SPY and own the traditional index fund versions of VTI and VOO bought long ago in various taxable and tax deferred accounts.

Disclaimer: The information contained in this web site is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This blog is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice. Copyright © Kirk Lindstrom.

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