Is the S&P 500 a Good Contrarian Signal?

Shares of Lyft took a tumble and after hours trading it, they're giving an earnings outlook far short of Wall Street expectations. The American Association of Individual Investors says the bull bear spread rose to a reading of 12.5 from a negative 4.7 just a week ago. Dougherty: It may lead to a little bit more consolidation in terms of the equity market.