It’s a well kept secret that September for the past 60+ years has been the worst performing month on the stock market. Despite two massive crashes in the month of October, statistically, the worst month to be on the market is right now. Tobias Levkovich of City Investment Research and Analysis recently published the following chart, that outlines average month-by-month performance for each month since 1950: Read more

Tags bad news - BGH - downgrade - ECB - German high court - good news - italy - qe3 - Spain - Troika

With SentiTrade you not only get a feel for the latest market sentiment and psychology, our tagclouds also automatically track which news events were the driving force behind the latest trends. Yesterday one could clearly see how a rapidly falling market sentiment (green line) pre-dated the market market trend. The falling sentiment momentum (red line) quantified the trend and by the time Bernanke delivered the disappointing news  at 16.00, the market was already poised for a sell-off… Read more

Tags bernanke - disappointing news - ECB - falling sentiment - FED - Greece - PIIGS - qe3 - Spain