Category Archives: Market Comments

Stock market commentary using social media to identify major trends in the market

Encouraging Signs

160612breadth

Although¬†Twitter sector sentiment predicted a short term top in the market last week, there are some encouraging signs popping up this week. First is breadth between the most bullish and bearish stocks on the Twitter stream. It is finally showing some positive momentum. The number of bullish stocks started to increase as soon as the […]

Everyone is Waiting, But…

160605sectors

I’m seeing strong signs from the Twitter stream this week that everyone is simply waiting for something to happen. But sector sentiment is showing an overbought condition with every sector printing positive sentiment readings. Almost every time this happens it marks a short term top. The few times this indicator has failed, the market rallied […]

Lingering Fear and Bearishness

160515spx

During the strong rally out of the February lows, 7 day momentum and sentiment for the S&P 500 Index (SPX) generated from the Twitter stream only had one minor move above zero. Daily prints for Twitter sentiment continue with a pattern of prints mostly below zero. That pattern has been in place since July 2015. […]