Be Careful – The “Dumb Money” is 71% Confident in Stocks Continuing to Rally

Our Archive

Search completed

The “dumb money” is starting to work itself into a frenzy – Steve Sjuggerud writes in today’s DailyWealth: Today, “the Dumb Money is 71% confident in a rally,” my friend Jason Goepfert wrote. Jason tracks investor sentiment through his website SentimenTrader. The last time the Dumb Money was this optimistic was back in April, right before the […]

Read More

The AAII sentiment survey – an informal gauge of short term bullish/bearish/neutral sentiment amongst individual investors – has hit a 13-month high, with 50.89% of investors describing themselves as bullish. While not an extreme reading, it is worth noting, as this is one more data point that may indicate we’re in for at least a […]

Read More