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.
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.