Sentiment Indicators Signaling a Major Top
November 03, 2010 at 13:01 PM EDT
The S&P 500 index is nearly back to its April high. In the bigger picture the market can be seen as tracing out a major topping formation lasting nearly one year. Valuations are historically high, and macroeconomic leading indicators are showing a considerable recession risk. Additionally, liquidity indicators like money supply . . . → Full Story: Sentiment Indicators Signaling a Major Top