Econintersect: According to Ticker Sense’s June 4th Blogger Sentiment poll, bearish sentiment is up roughly 6% from the end of May with the majority of the gain coming from the category of those who considered themselves neutral last week. Bullish sentiment fell by roughly 3% from last week.
The S&P fell by 2.5% last Friday and by 10% from it’s 52 week high on April 2, 2012. Job growth in May was dismal, ending at 69,000 compared to the estimated 150,000 jobs being created.
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&P 500 Index has declined by 6.28% in the past month.
Econintersect has two participants in this poll: Publisher Steven Hansen voted “Neutral” last week and Managing Editor John Lounsbury voted “Bearish”.
Here are the Ticker Sense Blogger Sentiment Polls of the past four weeks.