5 Charts To Question If Now Is The Time To Be Bearish
Weekend worrier
The S&P 500 fell 50+ points in under 30 minutes as the market closed its final hour of the week. MOC was $4.2bn for sale. Clearly some of the nervousness and de-risking need that was on full display Thursday is still there and has not worked itself completely out of the system yet (pod-shops and systematics…). However, when we look at some normal sentiment & positioning indicators now over the weekend it is hard to get really bearish.