Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Roubini’s Popularity Hits Post-Lehman Low, Extremely Bullish for Stocks

Insider Monkey, your source for free insider trading data, has shown that Nouriel Roubini’s popularity has been a reliable sentiment indicator for the most part of the past 4 years. The increases in Roubini’s popularity are followed by declines in the stock market and the declines in Roubini’s popularity have been a bullish indicator for the stock market. The reason is simple. Whenever investors are turning bearish about the market, they search for Roubini’s latest opinions on the internet. Jumps in Roubini’s popularity in Google searches lead the declines in the stock market by up to 2 weeks. Conversely, declines in Roubini’s popularity shown in Google searches are an indicator for bullish sentiment.

In February, Roubini’s popularity hit its post-Lehman low. Compared to early September, Roubini’s popularity declined by 50%. Compared to May 2010, it’s down 75%. Actually, Roubini was 10 times more popular during the Fall of 2008 than he is now. His popularity is more than 20% below its 8-week moving average and this is extremely bullish for the stock market. Here is the latest graph:

 Nouriel Roubini Predictions

Whenever Roubini’s popularity falls below 80% of its 8-week moving average, the S&P 500 index increases by an average 1.5% during the following three weeks. This held true in the 2007-2010 period, when the stock market declined by an average of 0.12% during a random 3-week period. This indicator was also reliable 62% of the time.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!