A couple of recent posts highlighted below, indicate a market bottom could be forming.
- Political Calculations has an interesting analysis on the implications of declining trailing dividends in the post, A Silver Lining In The Stock Market.
- The Big Picture website contains a post, S & P 500 forming "W" Bottom?, using technical analysis that suggests the S&P 500 Index may be forming a bottom. Additionally, Barry Ritholtz notes:
- This suggests accumulation and could suggest a complex bottoming formation is occurring, particularly when one looks at the recent extremes in sentiment data.