Technicals vs Fundamentals & Sentiment

For VST/ST trades, what you see based on technical readings, but for Longer term trades, fundamentals prevail over technical readings.

It took 3-4 years for fundamentals to prevail over technicals as we have seen the sharp pull-back during 2008.

With all the craziness of market sentiment, even in long term, technicals are working out quite well.



Professionals / Executives are more pessimistic about the economy than their employees:

Professionals / Executives:
60% are pessimistic about the economy now and for the future
31% are pessimistic about the economy now and but optimistic about the future

White-collar employees:
47% are pessimistic about the economy now and for the future
44% are pessimistic about the economy now and but optimistic about the future

Blue-collar employees:
52% are pessimistic about the economy now and for the future
39% are pessimistic about the economy now and but optimistic about the future