Are we in a bubble? The place 5 measures of market sentiment stand

Sentiment actually feels elevated however are there main pink flags? Or nonetheless time to journey the fairness wave? Worth motion has been constructive as dips are purchased, even with crypto taking a break.

So the place will we stand? Let us take a look at a couple of indicators.

The worry and greed index:

That is not dangerous in any respect, barely into greed which does not fairly really feel proper.

Goldman Sachs US Fairness Sentiment:

That is the very best since Feb 2018 and there was a two-month washout afterwards from 2872 to 2532, or 12%.

Within the Shopper Confidence survey, this chart exhibits the share of respondents who suppose shares shall be increased within the yr forward.

That appears downright harmful.

AAII Sentiment Survey

Sentiment fell final week and the following version is due on Thursday. In any case, it isn’t significantly elevated.

The VIX:

It is low however actually not a ‘complacent’ ranges.

Total, this can be a actual choose-your-own-adventure. I sympathize with the concerns and a few of the meme-driven strikes are silly but it surely’s principally restricted to crypto and I are inclined to suppose that is by itself agenda after a serious break following a long-term consolidation.

This text was written by Adam Button at www.ubaidahsan.com.



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