Count of Bearish Stocks Rising

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The number of bearish stocks on Twitter are approaching the level recorded at the January lows for the S&P 500 Index (SPX). They’re now above their readings of last October. This is unusual given SPX is near all time highs so it’s something you’ll want to track carefully over the next few weeks. If the bearish stocks continue to rise it will warn of rising risk in the market. If Twitter Breadth falls below zero it will signal a change from bullish to bearish over the long term. You can see the current chart here. Here are some other things I’m watching that indicate weak stocks are being sold en masse.

150722breadth

Source: Count of Bearish Stocks Rising

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Hey, Im Joshua, the founder of CNA Finance. I enjoy following the trends in the market and finding the catalysts that are making the moves. If you want to get in contact with me, leave a comment below or email me at CNAFinanceHelp@gmail.com Please keep in mind that I am not an investment advisor and nor is CNA Finance. This is a news and information gathering outlet. We may work directly with some of the companies that we write about. If we have a business relationship with an issuer, we will mention that in the articles. We also have various affiliate relationships with advertisers and may be paid if you sign up for a service that you were referred to through our website.

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