honglouwawa The S&P 500 may have rebounded since this time last week, but sentiment has continued its slide. This week’s AAII Sentiment Survey saw only 32.1% of respondents report as bullish, the lowest percentage since 11/2/23. In total, bullish sentiment has declined 17.9 percentage points since just four weeks ago, when it hit 50%. That…
MCCAIG The current investor fixation on when the Federal Reserve will drop interest rates and by how much overlooks an important fact – almost everyone is already bullish. So, even if they do drop rates who’s left to buy to drive prices higher? I believe it was Nathan Rothschild who pointed out this contradiction about…
code6d Introduction Nike (NYSE:NKE) is about to report its Q3 fiscal 2024 earnings. So much different news about the company is being published almost daily, making it a battleground for bulls and bears engaged in a fight that could puzzle more than one investor. In fact, many are reporting that Nike is facing competitive pressures….
Bloomberg/Bloomberg via Getty Images Palantir Technologies (NYSE:PLTR) is firing on all cylinders, and it seems that nothing can stop it from continuing to scale and expand its business in the future. As one of the biggest bulls who have covered the company extensively here on Seeking Alpha, I was impressed but not surprised about the…
DNY59 I’ve noted that the stock market has been looking for excuses to pullback and consolidate its fourth-quarter gains since the beginning of the year. It comes as no surprise that Fed Governor Christopher Waller, who has consistently leaned hawkish, was yesterday’s excuse. In testimony to a Senate committee, he asserted that there is no…
Bjoern Wylezich In my prior article on Vonovia SE (OTCPK:VONOY) (OTCPK:VNNVF), I argued that the bears are completely wrong and presumed risks are completely overblown. Since then, the stock has performed strongly on an absolute and relative basis. Seeking Alpha Whilst the recovery in the stock has already picked up steam, it is still trading…
mphillips007 I concatenated this old Wall Street saw originated by the Founder of the Wall Street Almanac. The full rhyme is: ”If Santa Claus should fail to call, bears may come to Broad and Wall” – Elliot Hirsch. Besides it being a nifty saying it does bear out in the historical records. Check out this…
Rawf8 If the title of this article appears to be hinting that we are turning bearish on U.S. equities, we apologise for baiting the bears. Not only have we taken advantage of the market bottom in October 2022 to overweight U.S. equities and aggressively load up on deeply discounted names that have outperformed meaningfully since,…
DamianKuzdak We previously covered Pfizer (NYSE:NYSE:PFE) in September 2023, discussing its pessimistic performance as the decelerating COVID-19 portfolio and underperforming bolt-on acquisitions had contributed to its lowered FY2023 guidance range. Combined with the overly aggressive R&D efforts, expensive acquisitions, and deteriorating balance sheet, we had preferred to cautiously rate the stock as a Hold then….
AlxeyPnferov/iStock via Getty Images We previously covered Medical Properties Trust, Inc. (NYSE:MPW) in August 2023, discussing its pessimistic prospects as the bears won the battle and the stock plummeted. Thanks to multiple tenants’ cash flow issues and the real estate investment trust’s (“REIT’s”) eventually impacted profitability, we also believed that its dividends might be cut…
tadamichi Shares of F&G Annuities & Life (NYSE:FG) have been a tremendous performer this year, nearly doubling, and those gains accelerated this week after the company reported a strong quarter. Alongside results, FG also increased its share buyback program by $25 million and increased its dividend 5% to $0.21. While the company is performing well,…
honglouwawa October lived up to its billing as being among the most volatile months on the calendar. What began as a light-volatility correction at the start of August gradually escalated into more broad-based selling, with some of the market’s year-to-date leaders finally being taken out to the woodshed. A few of the Magnificent Seven had…
Scott Olson Apple Inc. (NASDAQ:AAPL) investors have faced a challenging three to four months since AAPL topped out in mid-July 2023. However, Apple Bears should be careful about claiming victory just yet, as AAPL is still up more than 22% over the past year on a total return basis. It outperformed the S&P 500’s (SPX)…
monsitj Even though the S&P 500 has moved decisively higher over the past week, sentiment has entirely shrugged off price action. The percentage of respondents reporting as bullish to the AAII’s weekly sentiment survey dropped back below 25% versus a reading of 29.3% last week. Bullish sentiment has now dropped for three straight weeks, having…
asbe The S&P 500 has fallen over the past week, and that has given sentiment reason to shift lower. The latest sentiment survey from AAII showed only 34.1% of respondents reported as bullish this week, down from 40% last week. That 5.9-percentage point decline is the largest single-week drop in a month, although bullish sentiment…
JHVEPhoto AbbVie Inc. (NYSE:ABBV) investors breathed a sigh of relief as ABBV has recovered remarkably from its June 2023 lows despite posting a prelim-Q2 earnings release in early July that likely spooked some investors. However, ABBV dip buyers held those lows robustly, demonstrating to unconvinced investors that the market had already priced in significant pessimism….
Amidst the legal battle and regulatory scrutiny, July 2023 witnessed a seismic shift in the narrative surrounding the case. In a recent development, XRP, a major player in the crypto market, has surrendered all the gains it made following a partial legal victory by its parent company, Ripple Labs Inc, over the US Securities and…
peterschreiber.media The S&P 500’s selloff over the last week heading into yesterday’s CPI print caused bullish sentiment to dip a little. Compared to last week when 49% of respondents to the weekly AAII survey reported as bullish, this week only 44.7% reported as such. That is the weakest reading on optimism in a month, but…