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The Truth About Market Sentiment

Hey, Ross here:

And let’s look at a chart examining bullish vs. bearish sentiment in light of yesterday’s pullback.

Chart of the Day

The above table shows the level of bullish, neutral, and bearish sentiment as measured by the AAII (American Association of Individual Investors).

As you can see, bullish sentiment really started surging higher (and bearish sentiment lower) starting June.

After yesterday’s sharp pullback, I expect to see bearish sentiment go higher for a bit.

But that’s not why I’m sharing this chart.

You can see that even all the way till May, bearish sentiment was actually higher than bullish sentiment – even as the market kept rising.

If you allowed yourself to succumb to this bearish sentiment, you would have missed out on a ton of opportunities – especially during pullbacks.

That’s why, for me, when it comes to gauging sentiment – there’s only one thing that truly matters (continued in the Insight of the Day).

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Insight of the Day

If you’re looking to measure market sentiment, look no further than the price action.

For me, investor surveys are way too subjective.

On top of that, measuring the sentiment of individual investors can be flawed, as the ones with the real power to move the markets are the institutions.

This is also why what you “hear” about the market – from your friends, your colleagues, etc. – may not really reflect what’s really going on in the market…

Whereas price action takes into account the actions of all the market’s participants.

Price action – not investor sentiment – is what told me to keep buying into the so-called “bearish” pullbacks…

Moves which paid out big for those who followed my advice.

So, if you don’t already have access to my top price action strategy…

Make sure you click here to find out how you can start using it right now.

Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

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Ross Givens
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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