Market sentiment is SKY HIGH right now.
Goldman’s Sentiment Indicator hit +2.3 last week, its highest reading since Feb ‘18 and 4th highest in history (dates back to 2010).
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$
Image
It measures stock positioning across retail, institutional, and foreign investors vs the past 12 months.
A reading above +1.0 indicates extreme positions.
The Small Cap outperformance is just beginning. $NASDAQ 100(NDX)$
Image
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments