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The Consumer Confidence index was reported at 64.5 earlier this morning, the lowest reading on the index since 3/31/03. The US markets initially traded down on the report, which was less than expected and 14% below the previous report. Initial reaction aside, the chart below shows that such negative sentiment occurs more frequently with a market bottom than a market top.
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The Ticker Sense Blogger Sentiment Poll is a survey of the web's most prominent investment bloggers, asking "What is your outlook on the S&P 500 for the next 30 days?" Conducted on a weekly basis, the poll is sent to participants each Thursday, and the results are released on Ticker Sense each Monday. The goal of this poll is to gain a consensus view on the market from the top investment bloggers -- a community that continues to grow as a valued source of investment insight. © Copyright 2015 Ticker Sense Blogger Sentiment Poll
Ticker Sense was founded and developed by analysts at Birinyi Associates. Birinyi Associates continues to own and manage all content.
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