Investor sentiment most bearish in years . . . of course that is bullish.

| April 16, 2013

The AAII investor sentiment polling as of last week fell the steepest in over a decade! It dropped 45% in one week to only 19.3% bullish.  The historical average bullish sentiment reading is 39% – 2X last week’s reading.  The bearish sentiment last week was 54.5%.  The historical average for bearish sentiment is 30.5%.  The […]

Is market due for a “dip”? S&P 500 now up nearly 100 trading days without a correction.

| April 12, 2013

Market historians are correct to point out that the stock market tends to have a price correction of at least 5% every 118 days (according to David Bianco at Deutsche Bank).  Since we are now over 100 days since the last 5% correction it would seem that we are due for a pull back in […]

Tablets and smartphones continue to grow like crazy. More hardware = more software.

| April 11, 2013

Gartner recently updated their estimates for worldwide computing / connected devices and to no ones’ surprise tablet shipments are expected to grow by 70% to 197 million units this year.  That is mind boggling in light of their only being launched in 2010,  Tablets are expected to exceed PC unit sales by 2017.  Smartphone shipments are […]