Bullish sentiment is up, just in time for a good correction. The latest poll from the American Association of Individual Investors reportedly showed that the bullish sentiment from investors had risen to 48.97% from 38.49%. Bearish sentiment was said to be down to only 21.58% from 29.34%. Even the Neutral crowd fell to 29.45% from 32.18% in the past week.
As a hint, the “smart money” uses sentiment as a barometer for peaks and troughs in trading terms. If everyone is bullish, the thought is that all or most of the buying has taken place.
A move up to what is still less than 50% bullish might not seem excessive, but a 10-point gain is far from normal.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
