Posts filed under “Contrary Indicators”

Blog Traffic as a Contrary Market Indicator

Hey folks, I have to let you know about a new trading tool I have.

That bullish reversal call on CNBC on January 23rd? In addition to the other indicators I track, I have another "special" sentiment reading. Its become my secret weapon.

What is it?

You.

As a group, it seems that traffic to blogsites can be tracked as a contrary indicators — especially when the market is under pressure.

Note that the selloff in August, and then the more recent whackage in January, each created a major traffic spike — which led to a bottom, and a healthy bounce.

Blog_traffic_contrary_indicator

Sitemeter traffic to TBP as of January 30, 2008

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Now, maybe the content here suddenly got much better. It could be that I suddenly became a whole lot more insightful, or perhaps my  prose more poetic — but I doubt it.

What most likely occurred was the market turmoil generated an influx of new visitors. 

Category: Contrary Indicators, Markets, Psychology, Technical Analysis, Weblogs

NYSE % of stocks > than 200 Week Moving Average

Category: Contrary Indicators, Markets, Psychology, Trading

Traffic Spike, part II: Google Trend

Category: Contrary Indicators, Markets, Psychology

Traffic Spike?

Category: Contrary Indicators, Markets, Psychology, Weblogs

Fox Business Channel Market Top ?

Category: Contrary Indicators, Financial Press

Market Sentiment

Category: Contrary Indicators, Markets, Psychology

Happy New Year

Category: Contrary Indicators

Market’s Back-to-Back Streak

Category: Contrary Indicators, Investing, Markets, Trading

Citibank Receives Emergency Cash Injection

Category: Contrary Indicators, Corporate Management, Credit, Derivatives, Earnings, Finance, Markets, Technical Analysis, Trading

Breaking the Business Week Cover Curse?

It’s A Low, Low, Low, Low-Rate World. No, really — it is. The yield on the 10 Year was under 4% this morning — briefly kissing 3.99%. You may be noticing about now that this lies in stark contrast to our prior discussion of Rates and the Magazine Cover Indicator (for more on the magazine…Read More

Category: Contrary Indicators, Federal Reserve, Financial Press, Fixed Income/Interest Rates