View: Hussman Funds - Weekly Market Comment
Hussman Funds - Weekly Market Comment
From Hussman -
The chart below highlights each point in history that we’ve observed the following conditions: Overvalued: Shiller P/E anywhere above 18; Overbought: S&P 500 at least 7% above its 12-month average, within 3% of its upper Bollinger bands on weekly and monthly resolutions, and to capture a mature advance, the S&P 500 well over 50% above its lowest point in the prior 4 years; Overbullish: a two-week average of advisory bulls more than 52%, and advisory bears less than 28%. Rising yields: 10-year Treasury yields higher than 6-months earlier. The instance in 1929 is based on imputed sentiment data, as bullish and bearish sentiment is correlated with the extent and volatility of prior market fluctuations.
Booboo, Degrowth Defined →
Interesting article. Thank You. 10/14/13
Hopium and Despairium are potent.
- By: TnRevolution
- On: 5/20/13 7:57PM
- Viewed by 54 SocialTraders
- Average rating based on 4 responses: