Dorsey, Wright Client Sentiment Survey - 5/6/11

May 6, 2011

Here we have the next round of the Dorsey, Wright Sentiment Survey, the first third-party sentiment poll. We’re also featuring a Dorsey, Wright Polo Shirt Giveaway Contest for the next few months. Participate to learn more.

As you know, when individuals self-report, they are always taller and more beautiful than when outside observers report their perceptions! Instead of asking individual investors to self-report whether they are bullish or bearish, we’d like financial advisors to weigh in and report on the actual behavior of clients. It’s two simple questions and will take no more than 20 seconds of your time. We’ll construct indicators from the data and report the results regularly on our blog–but we need your help to get a large statistical sample!

Click here to take Dorsey, Wright’s Client Sentiment Survey.

Contribute to the greater good! It’s painless, we promise.

 


Ten Secret Warning Signs of Inflation

May 6, 2011

Louis Woodhill of Unconventional Logic gives us ten secret inflation warning signs.

1. You are filling your car up with gas and you notice that the “price per gallon” digits are going up faster than the “gallons” numbers.

2. McDonalds announces that they are freezing the price of their most popular burger, but that they are renaming it the “Quarter Ouncer.”

3. You go to a restaurant in San Diego, and you are relieved to find that the prices on the menu look like bargains. Then you realize that they are denominated in pesos.

4. The Fed announces that they are now basing policy on a new price statistic called “Core Core Inflation”. This new price index excludes food, energy, and everything that went up in price that month.

5. Procter & Gamble complains that the U.S. Bureau of Engraving and Printing is competing unfairly with “Charmin.”

6. People with silver fillings are afraid to smile.

7. The Fed’s Quantitative Easing XLVI arrives before Super Bowl XLVI.

8. Street beggars start demanding euros.

9. Airlines begin requiring that passengers bring their own jet fuel.

10. The Fed announces that they are going to be basing policy on an even newer price index, called “Core Core Core Inflation”. This one excludes everything.

Now that you know what to look out for, you won’t have to worry about being caught unawares by inflation.

Always laugh when you can. It is cheap medicine. — Lord Byron


Sector and Capitalization Performance

May 6, 2011

The chart below shows performance of US sectors and capitalizations over the trailing 12, 6, and 1 month(s). Performance updated through 5/5/2011.