Market Sentiment is Not What It Seems
Hey, it’s Ross Givens here with the Chart of the Day. Today’s chart reveals an intriguing twist from the AAII weekly survey. Despite the sharp selloff on Tuesday, bullish sentiment remains above average, while bearish sentiment has actually decreased. Most would expect the opposite, but the data tells a different story. As I delve into in the Insight of the Day, this divergence is a powerful reminder not to take market signals at face value.
Surprised by Yesterday’s Downward Move?
Hey, it’s Ross Givens here with the Chart of the Day. Today’s chart highlights the number of days the S&P 500 has experienced downward moves of -1%, -2%, or over -3%. Notice that tiny bar on the right? We’re still well below the historical average. Yes, yesterday was a big down day, but given how few of these we’ve seen lately, it’s hardly shocking. When you also consider September’s seasonal trends, the market’s behavior makes even more sense. But what’s the real takeaway here? I break it down in the Insight of the Day.
Don’t Get “Tunnel Vision” in This Market
Hey, it’s Ross Givens here with the Chart of the Day. Nvidia just reported jaw-dropping numbers—122% revenue growth and 168% earnings growth, both ahead of analysts’ estimates. But when trading opened on the Frankfurt Stock Exchange, which is 7.5 hours ahead of the U.S., NVDA gapped down 7% despite these blockbuster results. Even after a solid prior day, the market’s reaction was sharply negative. This unexpected move highlights a crucial lesson for traders—a lesson I dive into in today’s Insight of the Day. Don’t miss it.
Buffett’s $1 Trillion Milestone (And the Lesson for Traders)
Hey, it’s Ross Givens here with the Chart of the Day. Nvidia just reported jaw-dropping numbers—122% revenue growth and 168% earnings growth, both ahead of analysts’ estimates. But when trading opened on the Frankfurt Stock Exchange, which is 7.5 hours ahead of the U.S., NVDA gapped down 7% despite these blockbuster results. Even after a solid prior day, the market’s reaction was sharply negative. This unexpected move highlights a crucial lesson for traders—a lesson I dive into in today’s Insight of the Day. Don’t miss it.
The #1 Lesson from NVDA’s Earnings
Hey, it’s Ross Givens here with the Chart of the Day. Nvidia just reported jaw-dropping numbers—122% revenue growth and 168% earnings growth, both ahead of analysts’ estimates. But when trading opened on the Frankfurt Stock Exchange, which is 7.5 hours ahead of the U.S., NVDA gapped down 7% despite these blockbuster results. Even after a solid prior day, the market’s reaction was sharply negative. This unexpected move highlights a crucial lesson for traders—a lesson I dive into in today’s Insight of the Day. Don’t miss it.
Don’t be Surprised If This Happens
Hey, it’s Ross Givens here with the Chart of the Day. September and October are typically rough months for the market, as we saw last year before a November surge. While history doesn’t repeat exactly, it often rhymes. Last year, August was negative, but this time it’s shaping up to be positive. However, don’t be surprised by short-term weakness ahead—it’s likely just seasonal. When it hits, don’t panic. Instead, recognize it for what it is and use it to your advantage. I break down what to do if that happens in today’s Insight of the Day.
The Market’s Risk Appetite is Growing
Hey, it’s Ross Givens here with the Chart of the Day. Junk bonds can be a key signal for market sentiment. When investors are willing to take on more risk in these high-yield bonds, it usually means confidence is rising. Today’s chart shows how a broad junk bond index has been tracking alongside the stock market, but now it’s breaking out of the range it’s been stuck in all year. This suggests that risk appetite is increasing. If you know how to read these signs, you can position yourself to profit as the market shifts. I explain more in today’s Insight of the Day.
The Bull Market Resurgence is Here
Hey, it’s Ross Givens here with the Chart of the Day. The Nasdaq may still be 4% off its previous highs, but the Equal-Weighted S&P 500 – which downplays the impact of mega-cap tech – already broke through its highs this week. The Russell 3000, covering nearly all U.S. stocks, is also just 1% away from a new peak. This recovery is wider than most people realize. Don’t sit on the sidelines and miss out.
What Most Traders are Missing About Current Sentiment
Hey, it’s Ross Givens here with the Chart of the Day. The Nasdaq may still be 4% off its previous highs, but the Equal-Weighted S&P 500 – which downplays the impact of mega-cap tech – already broke through its highs this week. The Russell 3000, covering nearly all U.S. stocks, is also just 1% away from a new peak. This recovery is wider than most people realize. Don’t sit on the sidelines and miss out.
Is This Bull Market “Limited” to America?
Hey, it’s Ross Givens here with the Chart of the Day. The Nasdaq may still be 4% off its previous highs, but the Equal-Weighted S&P 500 – which downplays the impact of mega-cap tech – already broke through its highs this week. The Russell 3000, covering nearly all U.S. stocks, is also just 1% away from a new peak. This recovery is wider than most people realize. Don’t sit on the sidelines and miss out.
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