This is the main headline on cnbc.com today. I thought it may be a good representation of the current market sentiment.
- The Green box contains information suggesting bullishness.
- The Red box contains information suggesting bearishness.
It looks like one clearly overshadows the other. About 8:2 ratio perhaps?
While 80% bullishness plus words like "much sooner" being thrown around may set us up for a downside surprise, the use of word "could" instead of a more definite one represents the presence of caution.
As we extend further away from the Mar.9 low, it'll be interesting to see if headlines come to support bullishness 100%.
No comments:
Post a Comment