Posts Tagged ‘reading’
WhisperNumber.com Outlier Report, 07/07/2010
The investor confidence reading moved 6.2% lower to 16.0%. This reading continues a slow and steady drop since mid June and is now within the 'oversold range'. But the reading is just off the 52 week oversold extreme low (seen in May - a reading we considered an anomaly of sorts as it only indicated limited strength). We would like to see a reading lower than the May 52 week low before expecting a strong market rebound, but data now indicates a potential for a positive market move (we're just not sure, at least until next survey, how long the strength will last). Read the rest of this entry »
WhisperNumber.com Outlier Report, 06/28/2010
Last report we stated that there is "potential for a neutral or stagnant market, but we'll look for market weakness (overall) moving forward." The morning after that report was released the Dow was at 10,192. The market moved two hundred points higher and stayed range bound (stagnant?) between 10,404 and 10,450. The market closed today 101 points higher at 10,293. We did see the stagnant market, but only after a two hundred point move higher. Once again though the market ended higher (only slightly) for the week against our expectation of weakness. The investor confidence reading moved 4.7% lower to 26.6%. Investors quickly forgot about the two point gain earlier in the week and only focused on the range bound market Read the rest of this entry »
WhisperNumber.com Outlier Report, 05/24/2010
Last report we stated that "we'll look for a negative market moving forward as investors take a 'wait and see' approach." The morning after that report was released the Dow was at 10,780. The market closed today 269 points lower at 10,511. The market fell for most of the past week as expected. The investor confidence reading moved 13.3% higher to 41.4%. This reading indicates investor uncertainty and, although there is a potential for a limited spike, we'll continue to look for market weakness moving forward. Read the rest of this entry »
WhisperNumber.com Outlier Report, 05/14/2010
Last report we stated that "without clear direction in the recent data we'll remain side-lined and continue to look for a flat or neutral market moving forward." The morning after that report was released the Dow was at 10,918. The market closed today 133 points lower at 10,785. But unless you were living under rock for the past week you're quite familiar with a thousand point price drop during Thursday's trading, and a four hundred point gain during today's trading. Not exactly the 'stuff' that provides investors with market confidence and certainty. The investor confidence reading (having been run last week on Thursday and Friday) moved 22.8% lower to 28.0%. Read the rest of this entry »
WhisperNumber.com Outlier Report, 04/02/2010
Last report we stated data indicated "a greater potential for market weakness moving forward." The morning after that report was released the Dow was at 10,787. The market closed today 108 points higher at 10,895. The market saw weakness (as expected) for much of the past week, with strength seen just in today's trading. There were some strong price swings during the two day survey period, with the Dow seeing a high of 10,985. The investor confidence reading moved 8.5% higher to 48.2%. Read the rest of this entry »
WhisperNumber.com Outlier Report, 03/17/2010
Last report we stated data "now indicates a greater potential for market strength moving forward." The morning after that report was released the Dow was at 10,552. The market closed today 90 points higher at 10,642. The market remained neutral for the two trading days following last report before seeing some strength thru today. With the last three trading days showing some limited market strength, the investor confidence reading moved a strong 12.5% higher to an overbought level of 53.1% Read the rest of this entry »
WhisperNumber.com Outlier Report, 03/04/2010
Last report we stated data "now indicates a potential for market strength moving forward." The morning after that report was released the Dow was at 10,383. The market closed today 22 points higher at 10,405. Over the past week the market realized a good amount of negativity before recovering to todays levels. Not exactly the strength data indicated. The limited market strength (and negativity throughout the week) moved the investor confidence reading 10.9% lower to 32.6% Read the rest of this entry »
WhisperNumber.com Outlier Report, 02/23/2010
Last report we stated "data now indicates a potential for market weakness moving forward." The morning after that report was released the Dow was at 10,261. The market closed today 122 points higher at 10,383. Over the past week the market remained steady with the limited strength spread out over the past four trading days. The limited market strength moved the investor confidence reading 14.1% higher to 43.5%. This reading continues the hi-lo pattern and may be indicative of investor uncertainty. Read the rest of this entry »
WhisperNumber.com Outlier Report, 02/17/2010
Last report we stated there was "a potential for market neutrality or strength moving forward." The morning after that report was released the Dow was at 9,910. The market closed today 358 points higher at 10,268. Over the past week the market remained basically neutral with the majority of strength coming in todays 169 point gain. The investor confidence reading, however, was gained last week (prior to todays gains) and moved 3.1% lower to 29.4%. This reading is now part of a lo-hi-lo pattern and may be indicative of investor uncertainty. This data now indicates a potential for market weakness moving forward. Read the rest of this entry »
WhisperNumber.com Outlier Report, 02/11/2010
Last report we stated that "we'll look for market weakness to continue moving forward." The morning after that report was released the Dow was at 10,186. The market closed today 278 points lower at 9,908. Over the past week the market saw nothing but weakness. The investor confidence reading, however, did not react as expected to the market weakness and moved 4.8% higher to 32.5%. Read the rest of this entry »