Bloomberg News

‘Bearish’ Stock Forecasts Lowest in Six Months, Survey Says

February 15, 2012

Feb. 15 (Bloomberg) -- The following are results from Investors Intelligence’s analysis of investment newsletters for Feb. 8 through yesterday. The New Rochelle, New York-based firm determines the proportion of writers who are bullish and bearish on U.S. stocks, as well as the percentage who anticipate a correction, or 10 percent decline, in the market.

Technical analysts, who try to predict stock moves based on price and trading patterns, track investor sentiment as a contrarian indicator. They interpret greater optimism as bearish and increased pessimism as bullish.

--Editor: Joanna Ossinger

To contact the reporter on this story: Katia Porzecanski in New York at kporzecansk1@bloomberg.net To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net


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