Sunny Side Up

Is it the best day of the year? The Dow closed up today a sizable 380 points on some good new from Citigroup. The bank says its operated at a profit the first two months of the year. Kiss, hug and pat on the back Citi! Investors ate up the good news, sending financial stocks up and in turn the entire market.

It’s been nice to see the sentiment meter for the major indices finally do some moving and shaking. Today, sentiment for the Dow and S&P 500 is bullish while the Nasdaq is still lingering in the bearish territory. Come and join the party Nassy, its nice up here!

PredictWallStreet has updated their white paper to keep you informed on the latest performance of the PWS forecasts. Just last year, the forecasts beat the market by 65%. Check out the white paper to see how you can use the forecasts to help you in your investing decisions. There is also an email sign up now so you can get daily market updates sent right to your email (or iPhone of Blackberry).

Google (GOOG) fell below 300 down prompting some investors to think “Is Google a good buy?” Well, Google is always a good buy isn’t it? It isnt? Wait, you mean Google is not always the best company on the face of the planet planning for world domination and therefore a good buy? Well, it depends. Google is cheap when you compare it to the days when it was almost 700 bucks. But the reality is Google will most likely never hit that mark again. Mainly because most companies never do, take Apple and Microsoft’s highs after their IPO’s. Not to mention, the market of Google is mainly saturated. There is plenty of room and potential for growth, but for Google to ever hit those high notes again they better be coming out with something better than the internet itself. Investors at PredictWallStreet are feeling pretty good about Google. 66% of the predictors have predicted up. One month sentiment shows that sentiment is slowly moving up to become more bullish after several days of being pretty neutral. Interestingly, looking at the Star Performers the 4 and 5 star predictors have predicted down while the rest of the star performers have predicted down. So whether you want to go with the majority here or the creme de le creme is a tricky decisions. I have predicted up for GOOG because they way the general market has performed today and I think it will keep up most stocks for a bit.

We have Cliff Bars in the office and I know I said they taste like cardboard before but I would like to retract that statement because the chocolate chip one is beginning to grow on me a little bit.

Starstruck

If I can’t be outside enjoying this beautiful day, well I’m gonna at least look at through the window in my office. There is nothing better than peering out your window to the outside sunny world. Nothing better except, well, actually being outside in that sunny world.

Monday’s are always hard for me. There even harder when I’ve lost an hour of sleep to some concept called Daylight Savings which personally I think is a misleading title. I just lost an hour, I didn’t save anything. But thank you Time because now I will have longer spring/summer days which I can’t complain about living in this beach town.

But like I said, Monday’s are hard so I left a few minutes early for work to get some Stahhhhbucks. That’s how my Dad says it. He thinks it’s funny. He’s also 6’2″ and has a white fluffy maltipoo that he walks daily. I think that’s funny. So I’m at Stahhhbucks and they have these new “meal deals.” A cup of (tall) coffee and a breakfast sandwich for $3.95. They get you with that 95 cents because your brain is like “Whoa only three dollars” but then you’re wallet is like “Nooo dude, four dollars.” But even at 5 cents under four dollars I really did think it was a great deal and happily ordered one. For the same price (seriously) you could get a meal at McDonald’s but the sandwiches at Starbucks are not only pretty looking, but taste better and are relatively healthier. I did the caloric math ( I just wanted to say caloric). The coffee comparison is debatable.

The reason I’m detailing my pre-work breakfast sojourn is because Starbucks (SBUX) gets a lot of heat for being inflexible in the current economy. I’ve blogged about these meal deals before. I did and do they think they are a good idea and I don’t necessarily think of them as weakening the brand image as a luxury coffee retailer. I mean they had me at “Coffee and Sandwich.” I don’t think any less of you Starbucks, I swear. In fact, I love you more for understanding me and my wallets needs. I wonder if investors will feel the same way…

Predictions on PredictWallStreet for Starbucks seem split. 57% of predictors predicted up for Starbucks. Now checking sentiment to see how investors fell towards SBUX I noticed that in the 3 month sentiment graph there is only one really visible period of bearishness where the sentiment line dips down into the red. Then changing the view to 1 month sentiment I can see things a little closer. Sentiment has been pretty rocky the past few days but has remained relativley neutral, with no large spikes into either bear or bull territory. Right now sentiment is sorta flat lining. My guess is investors are out to lunch ordering their meal deals right this second and haven’t yet predicted. But seriously, I realize something like meal deals isn’t going to have an astronomical effect on the stock but this coupled with their instant coffee line is sure to help SBUX. It’s opening their market to a new range of people looking for not JUST coffee in the morning, but actual food for breakfast. Lots of potential for growth. Some of us like to eat edible things in the morning and not drink our breakfasts, ya know?

I’m looking at the Star Performers for Starbucks. It’s interesting because the four-star rated predictors have predicted down for SBUX and even the three-star predictors are split. This situation makes me sort of of hesitant in my up prediction, but I remain a “glass is half full” kinda gal today. So we’ll see. My next journey: Via Instant Coffee.

Starbright, starlight, Sirius XM Radio something something something, in the night. Over the Weekend CEO Mel K. announced their debt obligations have finally been put to rest. RIP DEBT. From their Press Release: “These transactions resolve all of the uncertainty surrounding the company’s and its subsidiaries’ debt maturing in 2009.” The stock (SIRI) saw a nice gain so far on the news, but SIRI is notorious for dancing on any buzz, rumor, or hype. Anyhoo, just wanted to point out how crazy sentiment has been for the company on PredictWallStreet. Looking at one month sentiment you can see a bunch of green spikes and only one bearish endeavor. Look’s like investors are extremely hopeful for the future of this company. If you like SIRI, I’d get in now while they are still pretty cheap. I stand with my guard up still. It’s hard to discern herd mentality from true value this quickly. Make a prediction on SIRI to show how you truly feel about this stocks direction.

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Blockbuster, Bankbuster, Blockruptcy?

We’re so close…just..a..little…bit…further. The Dow almost hit 7000 today but lost it in the final moments of the trading day and closed about 125 points short. In any case, it was way up from yesterday’s disaster so that is something to smile about. Stocks finally moved higher today after a 5 day sell off frenzy. Investors are starting to look for bargains as the market tanks and prices are low. A homeowner plan and possible Chinese economic stimulus packaged were announced giving investors some much needed hope.

There have been a lot of rumors floating around on the blogosphere that Blockbuster may be filing for bankruptcy. Just yesterday shares of Blockbuster (BBI) fell 77% in lieu of a Bloomberg report the company was thinking about Chapter 11. Blockbuster recently hired a law firm to help them raise additional capital-an act suggesting they really are in trouble. Over the past year BBI shares are down 92%. Yikes. I think its pretty clear that even if the company is saying they aren’t in trouble, BBI shareholders are.

I wanted to see how exactly investors are feeling about Blockbuster this month on PredictWallStreet.com. Looking at the poll numbers, it appears 77% of users have predicted for BBI to close up compared to the 23% who predicted down. After making my prediction, I can see the rest of the prediction data. Under the sentiment tab, I click one month. Sentiment had been steadily crawling up, almost breaking into the extremely bullish zone and then drastically fell and is now on its way to become bearish. If you overlay the price quote (the blue line) you can see that the price also dropped really dramatically with sentiment. Looking at Star Performers I notice that the less accurate predictors (3 and 1 star) predicted up. The higher a persons star rating the more accurate they are in their predictions so a person with a lower star rating is less accurate. Because these people predicted up, it may be reasonable to assume they are wrong and predict in the opposite way they have predicted. What are your opinions on Blockbuster? Who still thinks this company has a chance facing competitors like NetFlix (NFLX)?

In other news, PredictWallStreet published a few forecasts today and one was for the SP500. I’m sure you can guess which direction it was forecasted to close at but to check click here and find out.

Also, if you have a Twitter account, you can follow PredictWallStreet for market updates and current sentiment and have them sent right to your phone! Name: predict. You’ll recognize the UpDown arrows.

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American Dow: Free Fallin

After yesterday’s market went a little bonkers, I though it would chill out a bit today but it seems Wall Street is still hungover from last night’s (morning’s) party. Party’s over Dow, time to take off the pointy hat.

I mean at least were only down 37 right? 37! It’s all relative. Because if this were even a year ago, down 37 points would be great news. Yet, when you’re below 8000, down anything is really bad. It seems as if the market is free falling and I’m beginning to wonder where it will stop. Maybe one day I will sign onto Yahoo! Finance and kaboom! It wont even exist. That’s not funny, actually.

Who is up today eh?

The solar sector has been struggling, as most investors consider the stocks high risk. I used to follow First Solar (FSLR) a lot in the beginning of this blog because they were at the frontier of low-cost production for the alternative energy field and saw consistent gains for weeks. First Solar is one of the few companies right now whose earnings beat consensus estimates, despite the notably weak solar sector. FSLR reported yesterday they made $1.61 a share this past quarter. Expectations were only $1.30 a share. They have been able to keep manufacturing costs down and had revenues ahead of estimates (well, they did reduce 2009 estimated by 10%, but estimates shmestimates). With Obama’s administration pushing alternative energy initiates, this company could really advance.

FSLR’s CEO, Michael Ahearn, said “In three to five years, the market outlook for solar has never been better, but the short-term outlook for the solar industry has never looked more difficult.”

So while FSLR may be a risky stock, it could very well be a good play if you know what your doing and are good at timing. To see how investors are feeling I looked at sentiment for FSLR on PredictWallStreet’s sentiment meter. First, you must make a prediction to see the data. You can always go back and change your prediction if you change your mind after looking at the data. Looking under the sentiment tab, one month, I see that sentiment is very green. This mean’s investors are feeling extremely bullish about FSLR. Looking at sentiment is helpful because if I see a dramatic change in investor sentiment, I can anticipate that the price will most likely shift accordingly. Looking at the poll results, a striking 80% of investors predicted that FSLR will close up. And lastly, looking at the Star Performers (the users on the site are rated on a star system by their accuracy in predictions) I see that all rated Star Performers predicted up. So, I can very well assume the price will move up.

I know I’m on that Apple diet, but just a real quick Apple snack. Apple was at the top of Fortunes Top 100 Most Admired Companies list. And investors love Apple-lookey here. Phew, ok that’s it. Back to the treadmill.

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I should of known today was going to be bad after I pressed snooze three times this morning. It was an inauspicious sign for the day, followed by spilled coffee in my lap while driving. If those incidents didn’t foreshadow today’s events accurately then the heavy rain all morning did. It truly was a Monday Mourning. Wall Street ate it hard this morning. Tumbled, slide, crashed, committed market suicide, whatever you wish to call it. The Dow broke 7,000 this morning for the first time since 1997-that’s 11 long years. Coupled with AIG posting $61.7 billion in quarterly losses (yikes!), the steep sell-off continued. For those who like to look for bottoms, I think this is a pretty good indicator things could and probably will get worse.

It’s no surprise then that sentiment for the DJIA, SP500 and NASDAQ fell completely bearish this morning. Processing real time predictions from million’s of investors, the real time sentiment meter at PredictWallStreet showed investors extremely bearish for all three indices.

I just tried to find at least one company that I have even heard of that was up today and I found none. So I guess that leaves who was down the least today.

The recession-bearer Apple is down 1.53%. Apple is not infallible, but despite haggard market conditions, they have fared pretty well. Apple reported positive results for Q1 and is continuing to innovate and introduce new products. Despite the slump in PC sales, Apple has been able to offset some of this downfall with their other products like the iPhone, App Store, iTunes and iPod. Although, there is speculation the iPod market has been pretty much saturated. Apple most likely needs to focus on getting customers to upgrade. It’s only a matter of time before our lives, homes and brains are running on Mac’s OS. It seems like their plan, anyway. I feel I am at liberty to talk about AAPL because I’ve been on an Apple diet lately (or I feel like I have been at least, but that’s the case with most diets). I’ve definitely binged one or twice in some previous posts, I know, I know. 69% of predictors on PredictWallStreet predicted up for Apple today. Sentiment is becoming more bullish. Looking at one month sentiment is looks like there have been more bullish up ticks then bearish. Any Apple fan will say “Now’s a good time to buy Apple!” I agree that Apple is relatively cheap, but I almost feel that with the way the market is going it could get cheaper. I would definitely wait this out if I were going to buy (which I’m not) despite the positive signs from the PredictWallStreet poll and sentiment.

Of course I had to check AIG just to see what was going on with their stock after posting such a staggering loss. I was ready to see them bleeding all over the PredictWallStreet widget but what I found was more surprising: a bunch of 0’s. As in their was no change. Granted AIG is pushing pennies at 45 cents, but I at least thought they would be down. I mean I guess they aren’t up either. And I guess it’s hard to fall when you’re already so low. It’s like kicking someone when they are already on the ground. AIG has over 250 predictions today! 77% of predictors predicted up for AIG. Don’t really understand what that’s about. And sentiment has been extremely bearish for the last week, pushing it in the red zone for weeks at a time and today, suddenly, sentiment shoots up and becomes almost extremely bullish? Now this I really don’t get. Can anyone enlighten me? My best guess is because the stock price is so low and because they just got awarded even more money in a bailout, they have nowhere else to go up. That seems pretty logical, but we know the market isnt exactly logical all the time.

Facebook Apologies, Starbucks goes Instant

I like to think that pictures that I upload from my camera on to my profile are still in fact my property. But last week, Facebook was trying to tell me something different, along with its 175 million other users. It was a change the average college-goer would of left unnoticed, for how often, if ever, do we read the Terms of Use on any one of the countless internet persona’s we accumulate? Last week Facebook’s Terms of Service changed as fast (and stealthy) as you can de-tag Thursday nights (or Friday’s, Saturdays and Sunday’s) pictures. The TOS used to say when you closed your account, you basically took any rights to the original content you uploaded with you. But not anymore. Their TOS now reads, in lots of legal jargon, that if you do choose to remove your content off the site aka close your account , the Company may still retain achieved copies of your User Content. And yes, that includes those pictures of you eating pancakes off your kitchen floor in a princess costume.

But after countless protest groups and blogs popped up on the Web, Facebook has apologetically removed the new clause on their Terms of Service and given you the right back to your stuff. And while I personallly felt attacked by their infringement on my personal property/debauchery, I realized the apology note that popped up in my profile this morning was not actually VIP treatment from Mark Zuckerberg, but a network wide note. Anyway, apology accepted. Thanks for my stuff back, FB.

This morning, President Obama released the details of his $75 billion mortgage relief plan. It is meant to stabilize the housing market and reduce foreclosures for responsible homeowners who qualify. In an hope to revive the economy, the revealing of the plan has done little for the market, although stocks are modestly higher than yesterday. The Dow is up a few points, as well as The Standard & Poor’s 500 and Nasdaq. Opponents of the bill argue it’s mostly a missed opportunity and giant waste of money, while proponents are confident that doing nothing would of proved worse.

In Apple news, Apple (AAPL) saw a decline in year-over year sales of the Mac and iPod in January. Mac units fell 6% and iPod units fell 14%. As I browse around other blogs and financial sites, I had noticed a lot of Apple fans professing their die hard faith in the company and their belief that Apple was indeed recession proof and that sales will not decline because of Apple’s target consumer group. While Apple has certainly fared better than most (if not all) companies in our economy, I take these numbers as a sign that nothing and no one is safe from the impacts of the recession. I wanted to see how investors took these numbers and it looks like sentiment is becoming more bullish. Apple is down today about half a point. My guess is that investors are still optimistic about Apple mainly because everyone is seeing losses right now, but Apple isn’t seeing that much. So, I have actually predicted UP today for Apple, although we’ll see how this goes tomorrow.

Starbucks has introduced their new take home instant coffee packets called Via. Some analysts are saying this is weakening their brand and image but I personally think its a great idea. For some, the price of Starbucks is not so much a deterrent as the time that it takes to enter a store. Instant coffee that I can make at home would save me tons of time without having to compromise taste, as Starbucks promises it tastes just as good as their in-store brew. Also, for people who already make coffee at home, this may entice them to upgrade. As any young adult (or college kid who makes coffee in their apartment) sometimes Folgers just isn’t gonna cut it. You get to bring the brand home. For some, this is a reputation they want. I think Starbucks has made an excellent move in adapting to our changing economy. Those who don’t change will not survive. Starbucks (SBUX) investors seem to be a little weary and hesitant of their new move, as sentiment is currently heading down to become bearish. But SBUX is only down half a point today and I think that once investors and consumers alike realize Starbucks is simply innovating to evolve as a company they may become more bullish.

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Stimulus Plan, Version 9858372

One day it’s 800 billion, the next is 900 and now it’s 789. I must admit, it’s a little confusing to follow the stimulus bills countless drafts. This morning, however, lawmakers announced their agreement on $789 billion stimulus plan to be signed by President Obama that is designed to create 3.5 million jobs. So how did Wall Street take the news? Stocks turned higher this morning but slowly began to lower in the afternoon, the Dow is still below 8000. Investors are eager for any measure that the economy is going to recover and it shows in their sentiment. This real-time sentiment meter shows bullish sentiment for the Dow, Nasdaq and SP500. Looks like investors are optimistic about the effects of the stimulus plan helping the economy.

It’s been quite a day for Research In Motion (RIMM). After being downgraded by analysts their price dropped 16%. Fortunately, RIMM is in a stable financial position but investors are worried about them selling more lower margin phones and less higher margin phones. With a price drop that steep you would expect to see sentiment drop but it actually is turned up and is heading to become more bullish. Is this price drop simply an overreaction of the market? The highest rated Star Performers on the widget under the Accuracy tab are split in the directions they predicted for RIMM but 4-star and 3-star predictors all predicted up. I had originally predicted down on RIMM thinking their was no way they could recover from a drop that big but after looking at sentiment and the Star Performers predictions, I think I may go with the wisdom of the crowd and see how that plays out.

I really haven’t thought about Sirius XM (SIRI) a lot lately, mostly because of their lackluster performance after the merge of the two companies. But after seeing them on the Top 15 Companies that Might Not Survive 2009 list I wanted to take a look at where they are at. It was kinda hard to stay involved watching a company who’s price was literally a penny at one point. There are rumors Sirius XM is preparing to file bankruptcy (not surprised, these rumors surfaced in December) and speculation that a potential partnership deal could be in the pipeline with Echostar CEO Charles Ergen. If Sirius does file bankruptcy it will be a huge loss not only to shareholders but to CEO Mel Karmazin who invested $2.7million in Sirius. There are over 306 predictions right now on SIRI at PredictWallStreet! 59% of users think SIRI will close up. Sentiment is extremely bullish right now and has been for the past week. The highest rated predictors under the Accuracy tab have all predicted UP. So how is that with all this positive signals, the stock still managed to close down today 51%? Well, mostly likely because one giant negative signal most likely overshadowed these: Chapter 11. I guess the sayings true, big tree fall hard. Or something like that…I get my idioms confused as a result of a mother who used them every other sentence.

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Home is the place to be and NFLX has got you covered

Well, I’m just going to be honest. I’ve had a terrible past two weeks on predicting stocks. Maybe it’s the weather, maybe I’m feeling stressed, but whatever it is, I just can’t seem to get it right. I have hit a Prediction Block. And so I’ve been thinking how to overcome this and after evaluating several ideas I’ve come to the conclusion that the best thing to do is to keep predicting, but on less stocks and only the few that I really know and love. I’ll also be taking more advantage of the Change Prediction button. Often times I find a make a prediction but after looking at the data given in the widget I find I actually feel the opposite way I predicted.

The market is up today, not too shabby, not too great. Wait, just kidding! I refreshed my finance page and the DOW is now down 26 points. Just when you think you catch a break. Stocks are apparently fluctuating on news from the Institute for Supply Management that the nation’s service sector shrank less in January than it did in December. Regardless, it’s the fourth straight month business activity in the industry has declined. President Obama also imposed a dramatic cap on senior executive pay for the financial institutions receiving federal bailout money that are in the worst shape. Obama states Americans are angered by “executive’s being rewarded for failure.” Finally someone is listening.

I was reading some articles about industries that have the most potential during the recession and one particularly caught my eye; movies. This seems obvious now after thinking about it too. A typical family outing could cost upwards of $50.00. Most movie tickets are between $9-12.50. Mom, dad and two kids and you’re looking at about 50 bucks, not to mention concession snacks and lets just throw in gas it took you to get there. While its not an outrageous number, family outings and entrainment expenses add up. And why wouldn’t you substitute for a cheaper alternative when itss so accessible? Clearly staying at home to watch a movie rental isn’t a new experience, but it is a definitely an option that more families will be choosing now. But forget Blockbuster (BBI), a new wave of home movie rentals has surfaced and NetFlix (NFLX) is at the frontier of that. NetFlix not only realized this opportunity, but perfected the model. The most expensive subscription service is about $15.00 a month and NetFilx now offers streaming videos included in the subscription so you can watch any movie you want at home even quicker over your TV or PC for no additional costs.

NetFlix (NFLX) has seen a ton of customer growth and profit growth. Right now about 10 million homes have subscriptions. The stock has been getting a lot of press lately as its price has been gaining for awhile. It’s creeping up close on Blockbusters market share too. If NFLX can have another quarter of profitability, a lot more people are going to start paying attention to this stock. There appears to be much potential. Checking them out on PredictWallStreet, 67% of predictors predicted up for them today and NFLX did close up at $36.85. Sentiment has crept up too and is becoming more bullish as investors take notice of this stock. Under the Accuracy tab’s Star Performers, they are only rated 3-star performers who all predicted up. I would imagine that there will become more experts on this stock as it slowly gains more attention.

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Post Super Bowl Post…get it?

I always look forward to Super Bowl Sunday and I don’t even like football. I like the food and the drinks and the friends, not so much the game. There is something nice and oddly relieving about drinking and eating chip dip in the middle of the day, all day, and not feeling guilty about it at all. I loved Bruce Springsteen’s half time show as much as the next old guy, but I do miss those more scandalous, pop sensational acts pre-Janet Jackson’s wardrobe malfunction debacle.

The Dow closed below 8,000 this morning. Yikes! Tech shares were higher as industrials fell lower. The economic stimulus proposal is now in front of the Senate along with a plan to give more aids to banks. Also, negative numbers surfaced as more layoffs were reported and January looked even gloomier than before. The sentiment meter at PredictWallStreet showed mostly bearish sentiment for Nasdaq, Dow and SP 500.

Dell (DELL) is reported to be in the process of making their own smart phone prototypes right now, one with a touch screen and one with a keyboard. While other bloggers are posing this as competition to the iPhone, I hardly think so. Some of the major cell phone carriers have already tried that…and pretty unsuccessfully. I’m not sure how a DELL is going to approach this but I am curious to see it. If it looks anything like their laptops, we can expect something clunky and grey. The rumors did nothing for DELL today as they were down 2%. Sentiment is slowly becoming more bearish. Looking at the star performers on PredictWallStreet I can see the 3 and 2 star performers predicted UP. Since a lower star rating means these predictors were less consistent in their correct predictions, I can also look at this in a opposite way. If the lowest rated predictors are predicting UP, I may think it reasonable to predict DOWN, the opposite way they are predicting since they have been less accurate in their predictions.

Furthermore, checking up on my usual favorites (AAPL, RIMM, GOOG, etc.) I noticed I was doing a lot of down predicting. The market was just too bad today for me to feel any sort of optimism. But a diamond in the rough, I always feel there is potential in RIMM. A good article was posted here. Essentially, RIMM does indeed have potential, but you must know how to control the risk. RIMM has always been volatile and experiences fluctuations like crazy but if you’re smart and use a stop loss and price target, there could be some gain here. RIMM actually close up today, one of the few stocks that did. Contrarily, their sentiment is becoming more bearish. The 3 and 2 star predictors had predicted UP for RIMM so perhaps this people are becoming better affiliated with the stock. In my opionion, its always good to look at both sentiment and accuracy and whether or not there were predictions from 4 or 5 star rated predictors.

Hope ya’ll enjoyed your Super Bowl weekend, I’ll be seeing you at the gym.

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Bad Bank Rumors: C, BAC

Why did the man freeze his money? He wanted cold, hard cash.

If only it was that easy right now, right?

Stocks advanced this morning on rumors the FDIC would be creating a sort of “bad bank” to remove money-losing assets from a few banks balance sheets. The Federal Reserve also announced that the central bank would possibly buy long-term government debt if it would help the financial markets.

Citigroup Inc. (C) and Bank of America (BAC) especially saw gains this morning. Citi was up about 18% and Bank of America was up %. However, my question is whether today is a typical rally or something more sustainable? Looking at Citi on PredictWallStreet, I checked the one month sentiment. It’s been pretty rocky the past month. There were several days of extremely bearish sentiment and in the past week its recently become more bullish. I would expect some of that bullishness to be a cause of the FDIC rumors but if you look closely you can also see that it’s already beginning to fall. I don’t exactly know much about C, but seeing how sentiment has been fluctuating so much I would think that the sudden up tick of bullish sentiment is probably temporary, and so is this price gain.

Bank of America’s (sentiment has also been fluctuating quite a bit this past month, but with less bullish sentiment. Sentiment right now is almost neutral, but I would think it’s going to fall. Checking the Accuracy and then clicking on the Star Performers for BAC I noticed that the 5 star predictors are actually split in their predictions -half think BAC will close up and the other half think it will close down. The remaining 4,3, and 2 star predictors predicted up.

So the questions is should you sell today and reap the benefits of this rally or hold on just a little longer and see if its gets better? While I can’t exactly give you advice on that, PredictWallStreet can at least guide and help you in your investing decision through its sentiment and accuracy record based predictions.

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