The last thing a company wants to do is cut its dividend.Steady and rising dividends are a sign of a healthy, responsible company (at least that's what we're usually led to believe). Lowering that payout to shareholders or - GASP! - suspending it altogether is a sign of desperation.And that's ...
Sundial Capital Research is an independent investment research firm dedicated to the application of mass psychology to the financial markets. Sundial publishes the SentimenTrader.com website.
Our focus is not market timing per se, but rather risk management. That may be a distinction without a difference, but it's how we approach the markets. We study signs that suggest it is time to raise or lower market exposure as a function of risk relative to probable reward. It is all about risk-adjusted expectations given existing evidence.