Near term outlook: The social mood pattern corresponds with extreme polarization (e.g. us vs. them, "good guys" vs. "bad guys), "new realities," and natural disasters. Common news events associated with the current pattern are destructive events, terrorist activity, and technology news. Also, events that portray a theme of violence, vulnerability, and the unexpected.
Longer term outlook: The social mood trend is down. The stock market is 9% above what social mood will support. This divergence should be approaching resolution over the next few months.
Today's Market Outlook is Slightly Down. Both the social mood signal and news signal are slightly negative as of the time of this posting.
after market update: actual S&P +13.31.
Today's Market Outlook is Slightly Down. Both the social mood signal and news signal are slightly negative as of the time of this posting.
after market update: actual S&P +13.31.
Today’s social mood signal is -0.8 S&P points. Markets tend to follow social mood more often than not.
Today’s news signal is -0.5 S&P points. News tends to follow the general trend of the market, but on a daily basis, can either lead or lag the movement of the market. As of the time of this publication, the news signal is down. Also, the huge divergence between news level and the stock market actuals indicate that extremely positive or extremely negative news could be very near.
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