Ticker Sense

Strategist's Year-End S&P 500 Targets: Average 1,406

Relative Strength Positive in Disc, Energy, Financials and Tech

20% Discount on Reminiscences Newsletter!!!!

We will be publishing the October issue of Reminiscences after the close on Thursday.  As of last week our Conservative portfolio was up +14%, Growth portfolio was up +16% and Trading portfolio was up +9%.

We are offering a special discount for new subscribers: use the coupon code TWITTER and receive 20% off a one year subscription to our newsletter.  You get our monthly market commentary and analysis and our recommended portfolios for $180 for the year.  Click here to sign up.

The first page of last month's newsletter is below:

*Valid for new subscribers only.  Vaild for one year subscriptions only.  Regular one year price $225/year. 

September 24th Blogger Sentiment Poll

Blogger Sentiment Poll Participants:                   

24/7 Wall St (N) The Aleph Blog (+) Biiwii (N) BullBear Trading  Carl Futia (+) Dash of Insight (+) Dividend Growth Investor (+) Elliot Wave Lives On (+) Expected Returns  Fallond Stock Picks (+) Global Economic Intersection (-) GEI – Investing Blog (-) Humble Student of the Markets (+) In the Money  Learning Curve (-) MaoXian  Night Owl Trader (+) The Mess That Greenspan Made  Peridot Capitalist (-) Prometheus Market Insight  PUG Stock Market Analysis (+) Quant Investor (-) Shanky’s Tech Blog  Short Takes (N) Smart Money Tracker (+) StockAdvisors.com  Traders-Talk (-) ValuePlays  VIX and More (-) Wall St. Cheat Sheet  Wall Street Folly  Wishing Wealth (+) Zentrader (+)

Apple's Correlation to the Market

An intersting chart on AAPL and its correlation to the S&P 500 vs the average member...

This data was cited in a couple articles over the past week:

    Wall Street Higher Ahead of Fed Meeting - FT (9/13)

    Apple Doesn't Matter as Much as You Think - WSJ (9/12).

September 17th Blogger Sentiment Poll

Blogger bullish sentiment rises to the highest level since October 2011.

Blogger Sentiment Poll Participants:                 

24/7 Wall St (N) The Aleph Blog (+) Biiwii (+) BullBear Trading  Carl Futia (+) Dash of Insight (+) Dividend Growth Investor (+) Elliot Wave Lives On (+) Expected Returns  Fallond Stock Picks (+) Global Economic Intersection (N) GEI – Investing Blog (-) Humble Student of the Markets (+) In the Money  Learning Curve (-) MaoXian  Night Owl Trader (+) The Mess That Greenspan Made  Peridot Capitalist (-) Prometheus Market Insight  PUG Stock Market Analysis (+) Quant Investor (-) Shanky’s Tech Blog (-) Short Takes (+) Smart Money Tracker (+) StockAdvisors.com  Traders-Talk  ValuePlays  VIX and More (-) Wall St. Cheat Sheet  Wall Street Folly  Wishing Wealth  Zentrader (+)

September 10th Blogger Sentiment Poll

Highest level of bullish sentiment since February 6th.

Blogger Sentiment Poll Participants:              

24/7 Wall St (-) The Aleph Blog (+) Biiwii (N) BullBear Trading (-) Carl Futia (+) Dash of Insight (N) Dividend Growth Investor (+) Elliot Wave Lives On (+) Expected Returns  Fallond Stock Picks (+) Global Economic Intersection (N) GEI – Investing Blog (-) Humble Student of the Markets (+) In the Money  Learning Curve (-) MaoXian  Night Owl Trader (+) The Mess That Greenspan Made  Peridot Capitalist (-) Prometheus Market Insight  PUG Stock Market Analysis (+) Quant Investor (-) Shanky’s Tech Blog (-) Short Takes (+) Smart Money Tracker (+) StockAdvisors.com  Traders-Talk  ValuePlays  VIX and More (-) Wall St. Cheat Sheet  Wall Street Folly  Wishing Wealth  Zentrader (+)

Friday Equity Sentiment Update:

Says backdrop "supportive" for stocks, momentum won't peak until near election - RBC's Sluymer

Raises S&P 500 year-end target to 1,500 vs 1,425, "overweight" equities - Credit Suisse's Andrew Garthwaite

Says falling capital-goods orders, lower earnings estimates signal US stock drop - SocGen's Albert Edwards

Stocks to be "slightly higher" by year-end - Bianco Research's Jim Bianco

Maintain defensive posture as markets enter seasonally weak period - Auerbach Grayson's Richard Ross

S&P 500 10% From Record as Birinyi Sees Bears Capitulate

Read Laszlo's interview with Bloomberg News.

ETFs Reach a Record $1.24T in Assets

Exchange traded fund assets have reached a record $1.24 trillion and assets have more than doubled since June 2009. 

However, the growth in terms of new funds slowed with only six funds created in August and eighteen liquidations (see page three).  FocusShares was responsible for the bulk of the closures after they decided to exit the business and liquidated their family of fifteen funds.  Last month was only the 11^th month, since 1993, where liquidations exceeded creations.  March 2009 was the only other period with more liquidations (19) than August.