Sentiment Tends To Provide Insight Into Future Market Returns - Hello Friends as always i would invite you to join and Promote one of the world's premier top rated investment companies and pioneers in alternative assets: market investment in and purchasing of alternative asset classes including gold, precious metals, Bitcoin and other cryptocurrency for direct purchase investors, the vast US market of IRA, 401k and other retirement account holders, the Canada market for RRSP and TFSA holders (precious metals), high net worth individuals and families (HNWI), and more. Mutl-trillion dollar potential market with one of the highest paying affiliate programs in the world.

• Life changing income potential: up to $30,000+ commission for each and every referred customer transaction
• 100% free affiliate marketing program - No cost for you to join or participate in
• 3% commission on all gross client sales transaction amounts for all present and future sales and investment in precious metals and cryptocurrency
• You are also paid $30 - $100 for each qualified lead
• Example: average sale = $65,000 = $1,950 commission; sales easily = 6 and sometimes 7 figures. $100,000 sale = $3,000 commission and $1,000,000 sale = $30,000 commission
• Some affiliates have made $40,000+ to $100,000+ commissions in a single month
• Lifetime revenue share on customer transactions

Join NOW Exclusive Affiliate Program ✅ CLICK HERE Join Exclusive Affiliate Program

Disclosure: The owner(s) of this website may be paid to recommend Regal Assets. The content on this website, including any positive reviews of Regal Assets and other reviews, may not be neutral or independent.
In investing no one metric tends to provide 100% certainty into the future direction of the market or individual stock or bond for that matter. Though sentiment measures do provide insight into the so-called mind of the market, or better yet the mind of the individual or institutional investor. This is one reason I report on sentiment and fund flows from time to time during the year.

Last week I provided an update to the weekly AAII Sentiment Survey showing bullish individual investor sentiment of 44.1% increased above its long run average bullishness reading of 38.0%. This sentiment reading tends to be most useful at extremes. For example, as the below chart shows, bullishness readings near or above 60% tend to be associated with weak or negative 12-month forward returns for the S&P 500 Index (maroon line.) Low levels of bullishness can be insightful as well. In mid December 2018, the bullishness reading reached a low of 20.9% and the forward 12-month return for the S&P 500 Index has equaled 20.9%.

Fund flows tend to be a useful contrarian variable too. Below are two charts with the first chart detailing cumulative ETF and mutual fund flows for 2019 and through 12/11/2019 as reported by ICI on 12/18/2019. The Investment Company Institute (ICI) reports this data with a one week lag. The second chart shows flows on a weekly basis.

In spite of domestic equity flows leaning heavily towards outflows in 2019, the U.S. equity market has been one of the strongest out of all global equity markets. The year to date total return for the S&P 500 Index is 31.1% with Mid Cap and Small Cap returns in the mid to high 20% range. Developed international market returns (MSCI EAFE Index) equal 22.2% and MSCI Emerging Markets Index has returned 18.0% so far this year.

Sentiment by itself is not the silver bullet in an analysis, but evaluating the various sentiment gauges can be useful in the evaluation of the potential direction of the market.

Kit includes information on our company, products and fees.
Bonus: you will also receive free DVDs and a 10 year anniversary silver coin.
✅ CLICK HERE Claim Your Free Investor Kit

your advertise here
Next article Next Post
Previous article Previous Post