<< Read Full Article

Bears Show a Pulse in Poll

Stock quotes in this article: NDAQ , HD , SNY , BMY  

They say that sentiment is often a contrary indicator, but in TheStreet.com RealMoney Barometer it seems to reflect the prevailing trend.

Perhaps alarmed by Friday's stock market selloff driven by problems in subprime-mortgage lending, investors took a bearish outlook in our weekly poll. It was the first time the poll was bearish since Oct. 9.

Of the 1,389 votes cast, the bears recorded a convincing 618, or 44%. The bulls came in at 25% with 348 votes. Neutral continued its consistent showing with 423 votes, or 30%.

In the sectors, likely due to gold's recent rise, precious metals was seen as the sector most likely to rise. Homebuilding, faced with more signs of a persistent slowdown, was tapped as the sector most likely to fall this week. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,344.84 1,095.63 2,144.60 32.01
Oil *
78.41
UP
34.92
UP
4.14
UP
6.16
DOWN
0.30
10 Yr
3.20%
SPDR Gold
115.65
+0.34%
+0.38%
+0.29%
-0.93%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services