The ‘Smart Money’ Doesn’t See a Market Bottom

Posted on by

What if there was a way to see the positions various market participants were holding? There is, and the data is released to the public every Thursday. In this week’s article for TraderPlanet I take a look at the Commitment of Traders data and how the ‘smart money’ doesn’t believe we have hit a bottom in the S&P 500 quite yet.

Click over to read my analysis: The Smart Money Doesn’t See a Market Bottom Yet (TraderPlanet)

Disclaimer: Do not construe anything written in this post or this blog in its entirety as a recommendation, research, or an offer to buy or sell any securities. Everything in this post is meant for educational and entertainment purposes only. I or my affiliates may hold positions in securities mentioned in the blog. Please see my Disclosure page for full disclaimer. Connect with Andrew on Google+.

Related posts:

  1. High Yield Fund as a Market Indicator
  2. UBS Doesn’t See Extreme Enough Sentiment for a Bottom
  3. Do You Want To Be Right or Make Money?

About Andrew Thrasher, CMT

Andrew Thrasher, CMT is a Portfolio Manager for Financial Enhancement Group, LLC, an asset management firm in Central Indiana and founder of Thrasher Analytics, an independent financial market research firm. He specializes in technical analysis as well as macro economic developments.