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Are We Seeing Cracks in Market Sentiment?

Hey, Ross here:

I’ve been saying that we’re likely to run into choppy waters leading to the election – even though we’re still very much in a bull market.

Today’s chart confirms what I’ve been saying.

Chart of the Day

This is the latest result of the weekly sentiment survey carried out by the American Association of Individual Investors (AAII).

And as you can see, as of Wednesday, the percentage of bears has significantly increased.

Yes, overall sentiment is still strong…

But you can see the cracks forming.

As tensions in the Middle East continue to ramp up and the election draws nearer, we’re likely to see these cracks get wider.

But as I explain in the Insight of the Day below – this can be good news.

Insight of the Day

These cracks in market sentiment can be turned into an opportunity.

The most lucrative pullback opportunity in this bull market was late last October, when bearish sentiment was peaking.

In a bull market, spikes in bearish sentiment typically signal opportunity.

It’s counterintuitive, but it’s been proven time and time again.

So, as the media starts cranking the knob on the amount of doom-and-gloom they pump out…

As more and more traders succumb to bearish narratives…

The more opportunities there are for us to take advantage of.

As for how to spot these specific opportunities…

You have to look beneath the surface…

At the secretive “big money” trades that are really moving the market.

I call them Stealth Trades…

And here’s how you can use them to fatten your trading account.

Customer Story of the Day

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I am part of many of their programs and it has seriously leveled up my trading skills.     

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Ross Givens
Editor, Stock Surge Daily

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Ross Givens

I bought my first stock when I was 12 years old. It was Microsoft. I’ve been a registered financial advisor. I’ve worked as a stock broker. I ran a managed fund. I was a Vice President at JP Morgan with Series 7, Series 66 and Series 3 securities licenses. I’ve been featured on Fox Business, CNBC, Bloomberg, and a bunch of other networks. The only thing I enjoy more than making money, is helping YOU make money.

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