Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of MI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search MI
Shrewd'm.com Merry shrewd investors
Best Of MI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search MI

Investment Strategies / Mechanical Investing❤
Unthreaded | Threaded | Whole Thread (9) |
Author: Said ⎊  😊 😞
Number: of 3958 
Subject: Re: CNN Index at 77 = "Extreme Greed"
Date: 12/19/2023 1:00 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 7
First impression from a VERY first glance comparing the CNN and the S&P indexes for the last 10 years it seems to me that an extremely high CNN index does not strongly correlate with the market going down from there on, that it can but not necessarily must be followed by a bear (contrary to my impression from following the CNN index for the last 1-2 years where that connection was very clearly visible). Maybe "Greed" is just too "natural" as the market going up longterm is the norm.

On the other hand extremely low index values seem to be a better predictor --- of a from then on rising (or continuing to rise) market. Will require more detailed analysis but definitely interesting.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (9) |


Announcements
Mechanical Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of MI | Best Of | Favourites & Replies | All Boards | Followed Shrewds