Blair Jensen | TalkMarkets | Page 2
President of Downside Hedge
Contributor's Links: Downside Hedge
Blair Jensen is President of Downside Hedge which provides market commentary and hedging strategies for individual investors. His development of a stock market sentiment indicator based on the Twitter stream is changing the way investors and traders view ...more

All Contributions

Latest Posts
17 to 32 of 565 Posts
<<< 1 2 3 4 ... 36 >>>
Warning Still In Effect
The S&P 500 Index (SPX) is consolidating along its 50 day moving average. A significant move above it would almost certainly clear the market risk warning.
Market Risk Warning - Friday, Feb. 9
Market risk warnings come in two varieties. Ones that last for only a week or two (a false signal) and ones that last for several months (a significant correction or bear market).
Diverging Indicators
The market risk, economy, and strength categories are soaring higher, while the market quality and trend categories are lagging substantially.
Consolidation Likely
Last week, I mentioned that it might be time for some consolidation. This week, it appears more likely. My measures of market quality have dipped below zero and my measures of market trend are dropping pretty fast.
Breadth Declining
The market keeps working its way higher, but the bearish count is rising. Overall sentiment for SPX is very optimistic, but has been in a fairly solid range between 2550 and 2600 on SPX.
Markets: More Of The Same
My core market health indicators bounced around a bit this week, but they’re all still positive.
Onward And Upward
My core measures of risk fell slightly this week. That isn’t normal when the market is making new highs.
Lack Of Enthusiasm
This rally lacks enthusiasm from traders and investors on Twitter. Sentiment for the S&P 500 Index (SPX) didn’t move higher as the market finally jumped on Friday.
Sideways Consolidation
The S&P 500 Index (SPX​) is consolidating in a sideways range. As SPX consolidates, sentiment from the Twitter stream is painting a triangle. The break of the triangle will point the next direction in the market.
2550 And 2600 Resistance
For the S&P 500 Index (SPX) 2600 is the next resistance level if 2550 can be cleared with maybe a small stall in the 2565 to 2575 area.
Jump In Market Health
This week I am getting confirmation of the rally with all of my core market health indicators jumping substantially.
Everyone Waiting
Sentiment is decreasing as the market stalls. This is a normal condition that should result in the market resuming higher after 7 day sentiment hits the zero line or dips a bit lower into the oversold area.
Markets In Consolidation
SPX is finally at 2500 and has consolidated near that level this past week, but traders aren’t tweeting for prices above the market. Instead, they’re waiting and watching.
Get Ready For A Breakout
This week my core market health indicators are telling us to get ready for a breakout above 2500 on the S&P 500 Index (SPX). Most of them improved and various measures of breadth also improved.
Get Ready
Over the past two weeks, my market health indicators have bounced around a bit and while doing it have been compressing near the zero line. When this happens, a strong move often follows.
Decision Time - S&P Sentiment
The most informative long term indicator from Twitter this week is support and resistance levels. There is now a clear range between 2400 and 2500 on SPX. If either level breaks it will show us the long term trend.
17 to 32 of 565 Posts
<<< 1 2 3 4 ... 36 >>>