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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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From: The Ox5/13/2020 8:23:26 AM
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marketwatch.com

Mark Hulbert
Opinion: Despite the stock market’s breathtaking rally, investors are closer to despair

<snip>
To be sure, not all sentiment indicators are suggesting that the prevailing mood is so gloomy. One notable exception is the Citi Panic/Euphoria Model, which is at the upper edge of its neutral zone, just shy of euphoria. According to Citigroup, any reading in that euphoric zone “generates a better-than-80% probability of prices being lower one year later.”
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