June 18th Blogger Sentiment Poll
This week's Poll is a new Ticker Sense record! The Blogger Sentiment Poll has never been this bullish.
Blogger Sentiment Poll Participants:
24/7 Wall Street Abnormal Returns Ant & Sons (+) Alpha Trends Bill a.k.a. nodoodahs (N) Big Picture Bloggin' Wall Street Capital Chronicle Carl Futia (+) Confused Capitalist ContraHour Controlled Greed (N) Crossing Wall Street Crowder Blog CXO Advisory (+) Fly on the Wall Dash of Insight (+) Day Trade Team Daily Dose of Optimism (+) Daily Options Report Deal Breaker Dr. John Rutledge Elliot Wave Lives On (N) Fallond Stock Picks (+) Fickle Trader Global Economic Analysis Hedgefolios (-) Information Arbitrage (N) In The Money Daily Blog Watch Kirk Report Knight Trader (+) Learning Curve (-) MaoXian ChrisPerruna.com (+) Michael Comeau Millionaire Now (N) Naked Shorts Peridot Capitalist (-) Quant Investor (-) Random Roger's Big Picture (-) SeekingAlpha SelfInvestors Shark Report (+) Sigma Options Stock Advisors ShadowTrader Tech Trader Daily Trade King Trader Feed Trader Mike Trader Tim (-) Ugly Chart Wall Street Folly WindRiver Blog Wishing Wealth
Oh my god! The bloggers' sentiment survey has been a pretty good contrarian indicator. So, let's brace for a market pullback this week.
Posted by: Old Spec | June 18, 2007 at 09:56 AM
Yep, it's pretty scary. If I hadn't already voted "neutral" and weren't already anticipating some stalling, I would be re-assessing my vote and my positions. I'm tempted to re-assess my "neutral" based on this news ... hell, Larry even admitted this week that his hedging has hurt his performance! When he discloses a bullish vote, I'm buying puts!
Posted by: Bill a.k.a. NO DooDahs | June 18, 2007 at 10:03 AM
This is a joke.
Posted by: Pradeep Bonde | June 18, 2007 at 11:06 AM
define "prominent investment bloggers."
Posted by: Jack Stevison | June 18, 2007 at 11:51 AM
I think many are surprised how equities shook off the bond market.
Posted by: Shrek | June 18, 2007 at 02:30 PM
Damm, the fun has to end somewhere. C'mon bloogers, get bearish again!!
Posted by: LongAndStrong | June 18, 2007 at 03:47 PM
The "prominent bloggers " have confirmed that they are the dumb money. A 24 point jump in sentiment in one week, after a some criticism of their chronic bearishness, just shows dumbness.
I am predicting this poll would close down, to avoid further embarrassment to these bloggers.Many of them will silently withdraw to avoid public display of their dumbness.
Posted by: Pradeep Bonde | June 18, 2007 at 03:59 PM
Jack, if you want in, send TS an email and ask to be included.
Duh, 'dis stoopid blogger is gahna keep puttin' his dumb money picks out der publickly. Uh-huh.
Posted by: Bill a.k.a. NO DooDahs | June 18, 2007 at 04:10 PM
in looking at many of the "prominent" bloggers, many haven't posted in weeks if not months. Do you update your participants regularly to make sure they are still active? and if they aren't active, how are they bearish or bullish?
Posted by: Zachary Scheidt | June 18, 2007 at 05:38 PM
Note to all:
The Ticker Sense Blogger Sentiment Poll is an ongoing weekly exercise that looks at some other possible market indicators. The bearishness of our fellow bloggers should serve as an example of many of our top Wall Street analysts. For 20 years or more, many bond analysts have said the stock market is the worst place to invest. They continue to say this despite nearly 100% returns in the S&P 500 in the last five years (and they keep their high positions!). We have to remember the old saying: "Bulls make money, bears make money, pigs get slaughtered." And thank Jim Cramer for drilling it into our heads.
As for the "Prominent Bloggers," we have expanded this universe over the last year and bloggers are on their honor to deliver an honest and meaningful result. Not all bloggers polled submit a result every week which tells us at Ticker Sense that bloggers are honorable.
We thought the sentiment poll would be fun and interesting for everyone. It has certainly been exciting recently, but let's just say I don't use it as my ONLY investment tool!
Posted by: Cleve | June 18, 2007 at 06:06 PM
This poll shows that the end of this bull market is getting closer and closer...Everybody is going to the same side of the boat, so...
Posted by: Bullion | June 18, 2007 at 06:41 PM
Bill, thanks, but TS's e-mail address isn't prominently displayed for me to hit them with an e-mail.
So, if anyone from TS reads the comments, I'm a financial blogger who'd like to play each week. Thanks.
Jack
Posted by: Jack Stevison | June 18, 2007 at 08:40 PM
http://www.birinyi.com/contact.php?
Found through the "about us" link on this page. Pays to look around.
Posted by: Bill a.k.a. NO DooDahs | June 19, 2007 at 09:12 AM
The Blogger Sentiment Poll reminds me of the Louis Rukeyser "Elves Index", a merry band of ten technical gnomes in which tribe Mr Birinyi served for many years with distinction. Lou's Elves were always bullish, always fun to watch, right up to the events of 9-11, at which point the Elves out of necessity turned bearish, and were later disbanded as the markets took a heavy beating.
Posted by: John Sweda | June 19, 2007 at 06:18 PM
This week looks to be down too based upon the sentiment I'm seeing. We poll our traders over at Traders-talk.com weekly and daily and there are few confident Bears even as they have every excuse to be.
I fear too many folks are looking for end-of-quarter window dressing. We may get it, but probably from lower still.
We need much more in the way of Bearish sentiment if we are to make a good low here.
Posted by: Mark Young | June 25, 2007 at 09:53 AM