SentimentEdge report

Jason Goepfert

5-12-2022 at 11:00 am

The Panic Button is being pressed

The Panic Button indicator, which monitors a handful of stress-related indicators in credit markets, has risen above 1.0, a high level. As long as it stays relatively low, prospects for stocks are okay. Bulls just don't want to reach a modestly higher level, unless it skyrockets to an extreme that would indicate all-out panic.

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