Mark Hulbert's Nasdaq Newsletter Sentiment Index (HNNSI) continues to flash buy. At...

|By:, SA News Editor

Mark Hulbert's Nasdaq Newsletter Sentiment Index (HNNSI) continues to flash buy. At -35.3%, short-term market timers have 35.3% of their portfolio shorting tech shares. With the Nasdaq at similar levels in February, the HNNSI was +75%. A 110 point decline amidst a flat market testifies to the erosion in sentiment and may set the stage for a move higher.