Econintersect: Does sentiment drive the markets or does the markets drive sentiment? Ticker Sense’s 23 January blogger sentiment poll “improved” from 40.74% bullish the previous week to 46.43% this week.
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?”
The S&P500 has advanced 4% in the last 30 days.
Econintersect’s has two participants in this poll, and one is neutral, and the other negative. Econintersect is concerned over the low volumes in the market – likely fueled by the simmering Euro crisis.
source: Ticker Sense