![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, September 06, 2007 3:13:10 AM
Here's the latest from BobBrinker's September Marketimer released yesterday.
It is perhaps the most bullish commentary I've seen since the August 2004 lows.
He says that his stock market timing model is currently in highly favorable territory.
He outlines the major corrections we have had each year since the 2003 lows, and describes each one as necessary to restore the market's health and prepare for the next advance.
Also says that the recent high volatility is a "hallmark" of bull market intermediate bottoms, reflecting high anxiety and overly negative news in the financial press. Describes the recent bottom as "textbook" in the level of fear and the associated volatility.
Then describes the "extraordinary" technical readings recorded at the recent lows:
10-day put/call ratio of 1.31 on Aug. 6 was within a hairsbreadth of a new world record.
10-day put/call ratio closed over 1.10 on 19 consecutive days through August 17, which is the longest such streak in history.
60-day put/call ratio recorded a new all-time record high of 1.075 in August.
BobBrinker's own proprietary sentiment index recorded a new, lifetime, historic high in August, higher than any other reading since 1982.
Reiterates again that there is very little chance of the market entering a cyclical bear phase anytime during this year. Expects the market to reach new record highs, into the mid 1600 range sometime next year.
............................................
Furthermore, the 10-year Treasury yields continue to collapse, and they remain at levels which are well below the 1994 - 1998 levels when the stock market recorded its historic run. The 10-year yield averaged about 6%, and reached a high of 8% during that period. Only for a brief moment in time did the 10-year yield dip below today's level, and that was during the 1998 LTCM panic.
During the most spectacular run from the October 1998 lows to the January 2000 highs, the 10-year yield increased 280 basis points, until BobBrinker issued his sell signal in the 2nd week of January 2000. Of course, the Nasdaq kept blowing off into the March 2000 highs.
Recent SPY News
- Form N-30D - Annual and semi-annual reports mailed to shareholders [Rule 30d-1] • Edgar (US Regulatory) • 05/30/2024 05:11:58 PM
- Form 497 - Definitive materials • Edgar (US Regulatory) • 05/29/2024 07:34:56 PM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 05/28/2024 06:12:34 PM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 02/27/2024 09:08:56 PM
- Form 497 - Definitive materials • Edgar (US Regulatory) • 01/29/2024 03:40:28 PM
- Form 485BPOS - Post-effective amendment [Rule 485(b)] • Edgar (US Regulatory) • 01/26/2024 09:50:00 PM
- S&P 500 Expected to Be Volatile This Week • Finscreener.org • 12/11/2023 10:21:00 AM
- MCD Stock: Is McDonald’s a Good Buy Right Now? • Finscreener.org • 12/11/2023 09:55:00 AM
- S&P 500 Index: Should You Expect a Santa Claus Rally In 2023? • Finscreener.org • 12/04/2023 10:15:00 AM
- Uber Stock Spikes On Its Inclusion in the S&P 500 Index • Finscreener.org • 12/04/2023 09:59:00 AM
- Form N-30D - Annual and semi-annual reports mailed to shareholders [Rule 30d-1] • Edgar (US Regulatory) • 11/29/2023 08:08:28 PM
- How Does ETF Investing Help Create Long-Term Wealth? • Finscreener.org • 11/27/2023 10:07:00 AM
- Can Tech Stocks Continue to Gain Pace This Week? • Finscreener.org • 11/20/2023 10:43:00 AM
- Will the S&P 500 Index Move Higher This Week? • Finscreener.org • 11/13/2023 09:54:00 AM
- Meta Stock Slumps Despite Beating Estimates • Finscreener.org • 10/26/2023 10:12:00 AM
- The S&P 500 Index Likely to Remain Volatile in Q4 of 2023 • Finscreener.org • 10/02/2023 09:23:00 AM
- Will the S&P 500 Gain Pace in the Final Week of September? • Finscreener.org • 09/29/2023 10:22:00 AM
- Will the Tech-Sell Off Continue This Week for the S&P 500? • Finscreener.org • 09/11/2023 09:46:00 AM
- Macro Indicators On Radar for S&P 500 Investors This Week • Finscreener.org • 09/04/2023 10:01:00 AM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 08/28/2023 08:33:01 PM
- Big Tech Earnings In Focus for S&P 500 and Investors? • Finscreener.org • 07/24/2023 10:41:00 AM
- Will The S&P 500 Index Enter a Bull Market In July? • Finscreener.org • 07/03/2023 10:41:00 AM
- What Next for S&P 500 After 13.8% Gain In First Half of 2023? • Finscreener.org • 06/27/2023 11:07:00 AM
- What Next For S&P 500 After It Gains 26% From 52-Week Lows • Finscreener.org • 06/19/2023 10:12:00 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM