Econintersect: The current Blogger Sentiment Poll released by Ticker Sense shows the bulls are returning, up 1.69% from last week. This rise in bullish sentiment took away from the bearish category. The neutral category experienced an even greater rise of 4.77%. The bearish category plummeted 6.46% from last week.
A continuing 3 month decline in retail sales through June was a troubling sign for the economy. Despite more negative economic news, the Ticker Sense poll could be indicating a future rise in optimism throughout the market. Since the beginning of June, the S&P has gone up around 7%.
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 Index has risen 18.69 points since the 17th of June.
Source: Yahoo Finance
S&P (3 months)
Source: Yahoo Finance
Econintersect has two participants in this poll: Publisher Steven Hansen voted “neutral” last week and Managing Editor John Lounsbury voted “bearish”.
The Ticker Sense Blogger Sentiment Polls of the month can be found below.
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