Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Fundamentally Bullish, Sentimentally Bearish

|Includes: SPDR S&P 500 Trust ETF (SPY)
Fundamentally now it is much better than 2008: there is enough liquidity in the financial system, and GDP is still growing. Even economists keep lowering their estimates on GDP, they still project growth. The problem is, the market is dominated by bearish sentiment. Many investors simply leave the market and stay on the sidelines. The only players in the market now are computer-driven momentum-chasing hedge funds...

More on my blog...