As the Mood Turns

As far as mood goes, today's is about as serious as it gets.  The mood data from internet search trends points to a shift from somber to a more feisty tone after today (that also means we're on a "serious news" watch through tomorrow).  This change should coincide with the markets getting energized as well.  The only thing that would get in the way of this would be a flip in mood vs. effect which would turn it all upside down and both mood and markets would again be de-energized.  So far, that is not showing up (through at least Thursday), but such a signal flip is coming soon so I'm mentioning it.

Dr. Cari Bourette is an analyst at ElliottWaveTrader.net, where she provides her proprietary market mood analysis in our flagship service, "Avi's Market Alerts."