From a contrarian perspective, pessimism associated puts outnumbering calls coupled with a stock that has been outperforming the broad market can be a bullish indicator
From a contrarian perspective, this heavy pessimism coupled with a stock that has been outperforming the broad market can be a bullish indicator
The strong growth in the labour market and its bullish indicators
in 2014 show the strength and growth potentials of the second biggest Arab economy especially for highly skilled work-force, as the economy advances to more sophisticated and knowledge-based industries.
Technical indicators scored six out of a total possible score of 15 bullish indicators
, versus eight in the prior week, enough for the total category to turn bearish.
However, these bullish indicators
contrasted with a disappointing nonfarm payroll figure of 162,000 (vs expectations of 185,000) on Friday.
Investors focused on bullish indicators
, such as figures on Monday showing manufacturing employment in South Korea at the highest since January 2008, and ignored the few bearish ones, like a much larger-than-expected fourth-quarter contraction of Singapore's economy.
A real estate expert was quoted in the official media as saying bullish indicators
were present in the sector "signaling a possible significant boost" by year's end.
While the numbers don't look that impressive from our usual stance on bullish indicators
, remember that these are composite (or averaged) scores.
In fact all the reasons for the shortfall in first quarter earnings are bullish indicators
of renewed vigor in consumer demand for NIKE's products.