Opinion: You might think investors’ extreme bullishness would be good for stocks. This analysis says you’re wrong

Don’t expect U.S. stocks to mount anything more than an anemic rally in coming weeks. That’s because there’s still too much bullish sentiment. According to contrarian analysis, the most impressive rallies begin when there is widespread pessimism, just as market risk is highest when there is widespread optimism.

Earlier this month was the most recent such occasion. Since then, the Dow Jones Industrial Average DJIA, +0.10% and the NASDAQ Composite index COMP, -0.03% have both fallen 2%. Watch what they do You may wonder how to square this conclusion with that of a recent Deutsche Bank survey, which found a growing “wall of worry” among 550 global market professionals. Specifically, a majority of them now say that they expect a 5% to 10% market pullback between now and the end of the year.

AYA fintech network platform provides proprietary alpha stock signals and social finance tools for U.S. stocks such as Facebook, Apple, Microsoft, Google, Amazon, Nvidia, and Tesla (FAMGANT).

Wake up before it’s too late. Learn the truth about the vaccines. It’s all on my Twitter page. ⚡️

Too many people have a positive outlook, therefore the stock market can not run up?

good luck

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stocks surge, dollar sags as investors digest Fed, EvergrandeWorld stock markets rallied on Thursday and the U.S. dollar retreated from one-month highs as worries faded about contagion from China Evergrande and as investors digested the Federal Reserve's plans for reining in U.S. stimulus. Draghi sta dissodando il terreno arido della politica. Un accelerazione senza precedenti di Indirizzi,decisioni,avvisi, l'Italia ha un PIL quasi al 7%,Transizione energetica in accelerazione.BORSA SU per me FTSEMIB A 30.000 a breve
Fuente: Reuters - 🏆 2. / 97 Leer más »

Goldman picks 9 semiconductor stocks to pop on new 'extreme ultraviolet' trendThe market for new chip-making equipment is 'significantly larger' than Goldman's analysts had previously thought, which it said will benefit a raft of stocks. Pro nice Pro For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens1 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Fuente: CNBC - 🏆 12. / 72 Leer más »