July 22nd Weekly Market Update
Last week revealed the nominations for the 2013 Primetime Emmy Awards. Overall, 10 different dramas scored nominations for the shows or lead actors. But missing from the list was the show that is the number one drama in the coveted 18-to-49-year-old demographic: The Walking Dead. There was no respect for the unstoppable zombie drama from the television academy.
Likewise, this unkillable stock market rally seems to get no respect. U.S. stocks have been snubbed by investors this year.
- In four of the past five months, investors have been net sellers of U.S. stock funds. This has been the case in four of the past five weeks, as well, according to the Investment Company Institute.
- The American Association of Individual Investors Sentiment Survey measures the percentage of individual investors who are bullish, bearish, and neutral on the stock market. The percent that are bullish on the stock market this year has averaged 38, below the 10-year average of 41 — a period that included the long and deep bear market that accompanied the 2008 – 09 Great Recession.
For the full article: Walking Dead Stock Market