Market Sentiment - A Contrarian View

This Internet Blog attempts to exhibit the most meaningful Sentiment Indicators that we believe affect the performance of the market in different time frames; most are Contrarian extremes suggesting that the majority has adopted a certain trend fully at the point at which it is about to reverse. Included are also comments about the Indicators and any other facts or ideas that are pertinent to market action. To Post comments, just click on "comments" and write away.

Friday, June 11, 2004

Favorable Industry Groups when rates rise

According to Ned Davis Research, when the 30-year Treasury Bond yield rises, as we assume it will shortly, Technology hardware and equipment have historically risen 20%, Software and Services up 15% and Energy 14%. Worst groups include Utilities, down 13% Banking, Insurance and other Financials @ 2%.

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