IMPLOSION ALERT: Stock Market Sentiment Is Perilously Close To All-Out Euphoria Even There Is Almost ZERO Corporate Earnings Growth In The Current Quarter. Stocks Are Set For A Possible Repeat of 1987 Crash!!
February 13th, 2013
CITI: Stock Market Sentiment Is Perilously Close To All-Out Euphoria
Citi’s Chart of the Month is an update to the firm’s proprietary “Panic/Euphoria” model.
Simply put, when investors are panicking, then it’s probably a good time to buy. If investors are euphoric, then it’s probably time to sell.
Here’s a historical look at Citi’s model: