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General Discussion

Bernardo de La Paz

(56,386 posts)

4. When sentiment gets extreme it sometimes means people have already made their move.

Reply to Pototan (Original post)

Fri Apr 4, 2025, 03:27 AM

Apr 4

It looks like that indicator is calculated from about 7 measures. It may be less of a sentiment indicator than the VIX which is the volatility index.

The S&P futures overnight have moved between -0.91 % and -0.05 %. It may settle down more as the opening draws near. At this writing it is -0.43 %.

I would not be surprised if Friday is a bit of an up day before a decline Monday. But I don't know. It could easily be up Friday and Monday both or down both.

Some important data drops Friday (figures are estimate and previous reading from February):

8:30 am U.S. employment report March 140,000 151,000
8:30 am U.S. unemployment rate March 4.1% 4.1%
8:30 am U.S. hourly wages March 0.3% 0.3%
8:30 am Hourly wages year over year 3.9% 4.0%
11:25 am Fed Chairman Jerome Powell speaks

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multigraincracker flamingdem

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Highlight:

Wall Street Set to Open Lower Again [View all] Pototan Apr 4 OP

Wow, they've gotten much better flamingdem Apr 4 #1

I guess your reply post Pototan Apr 4 #8

Whoa, look out below! flamingdem Apr 5 #9

pretty good little bounce so far jmbar2 Apr 4 #2

Minus 143 on the Dow at 2:36 AM EDT Pototan Apr 4 #3

Ditch the Dow 30. It was created for adding machines in early 1900s. Use the S&P 500 Bernardo de La Paz Apr 4 #5

When sentiment gets extreme it sometimes means people have already made their move. Bernardo de La Paz Apr 4 #4

Spectator sport for me, though it was happier spectating a week ago DFW Apr 4 #6

I bought my first shares of stock in 1985 or so jmbar2 Apr 4 #7

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