Analyst Sentiment
February 1, 2007 by Douglas A. McIntyreFrom Ticker Sense
Regular readers of our research will know that we often cite various indicators to track investor sentiment. One group which we haven’t highlighted in a long time is analysts, and as the chart below highlights, they do not seem too bullish. Overall, buy recommendations as a percent of all recommendations is at its lowest level in over ten years. What does this mean? As we have often discuessed in the past, when the herd is in agreement on the market’s direction, the opposite usually occurs.
Add to del.icio.us • Digg This!
http://www.tickersense.typepad.com/
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.