Showing posts with label Corporate Earnings. Show all posts
Showing posts with label Corporate Earnings. Show all posts

Sunday, July 31, 2016

In 50 Years this has never failed to trigger a Bear Market | Jesse Felder


Jesse Felder (Jul 30, 2016 @ Zero Hedge) - Over the past half-century, we have never seen a decline in earnings of this magnitude without at least a 20% fall in stock prices, a hurdle many use to define a bear market. In other words, buying the new highs in the S&P 500 today means you believe “this time is different.” It could turn out that way but history shows that sort of thinking to be very dangerous to your financial well-being.

On July 29 CNN's Fear & Greed Index indicated "Extreme Greed"
Source
: CNN Fear & Greed Index
Citigroup's Panic/Euphoria Model on August 01, 2016 = Most 'euphoric' since August 2015.
S
ource
: Citigroup Panic/Euphoria Model