19
On market sentiment and diverging indicators
Been trying to get a handle on what really drives sentiment. I see the polls here often skewing heavily one way, say bullish on $SPX, but then the put/call ratio is signaling something different, or bond yields are moving in a way that suggests a more cautious outlook. Are people just voting their book here, or is there a trick to reconciling these divergent signals? Trying to understand the nuance.
2 comments · 19 points
It's almost as if everyone has their own personal crystal ball, and they're all showing different futures. My guess is some of it is 'voting your book,' and some is just the inherent chaos of trying to predict anything with a dollar sign attached.