iBankCoin
Joined Nov 11, 2007
31,930 Blog Posts

The Drudge Headline Indicator

Via Bespoke, this is research is a must-read.

We track every Drudge headline at 9 AM, noon and 4 PM on daily basis going back to 2003 and tally the number of stories that were finance related using the Drudge Report’s massive archives service.  We essentially wanted to see how often a financial news story was a front-page headline and not just a Money section headline.  From a contrarian perspective, when financial stories dominate the front-page headlines on a regular basis, it’s probably getting close to an inflection point for the market, whether it’s a bottom or a top.  (We counted any story that involved the economy or any asset class as a finance related headline.)

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