TRADER ALERT: Powerful “Indicators” Suggest A Stock Market Selloff And Inflation Could Be Just Around The Corner And More Market Experts Start Getting Worried. NOW The Fed Is Showing Financial Fear!
Investmentwatchblog.com
January 7th, 2013
CREDIT SUISSE: 8 Key Indicators Suggest A Stock Market Selloff Is Near
Credit Suisse Global Equity Strategist Andrew Garthwaite and his team are taking a bit of stock market exposure off the table after the recent run-up in the S&P 500 over the past month.
Garthwaite warns clients in a new research note out this morning, “Many of our tactical indicators point to a consolidation phase in the equity markets, in the near-term.”
In the note, Garthwaite highlights nine charts that show how, just as the stock market has taken a turn upward since mid-November, investor sentiment toward stocks has soared higher in that short amount of time.
Many of the charts show sentiment indicators now at multi-year highs, suggesting elevated risk of a market selloff.
The Rest…HERE
