Stock-market timers have responded to recent strength in equities by quickly becoming more bullish. By so doing, they are making it less likely that the rally can continue for much longer.
Their quick shift from bearish to bullish is in line with , when I last analyzed sentiment among stock-market timers. As I wrote then, the market timers “are quick to jump on the bullish bandwagon when the market rallies, and then jump on the bearish bandwagon when the market declines. As a result, both rallies and declines tend to be short-lived.”
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You need to be part of the crew rallying - and that requires HOURS and HOURS of constant research. The market closes but the planning on forums never stops. I’m more of a traditional trader but I’m not going to miss an opportunity. Staying up to speed = finding lucrative opps.
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