US shares open flat. Investor sentiment not but at worrying ranges
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I highlighted earlier how Tesla name choices on Friday had been 44% of all choices traded within the US market. We’re additionally seeing indicators of meme inventory curiosity rising.
These are crimson flags for sentiment however additionally they are typically earlier indicators of euphoria, not the ultimate mom-and-pop led blowoff.
The concern and greed index is excessive however not but excessive.
The sentiment survey from AAII can also be ticking up however definitely is not on the level the place warning is warranted.
This text was written by Adam Button at www.ubaidahsan.com.
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