This week: the yearly chart, year-end performance stats, monthly charts, real returns, sentiment splits and shifts, valuations, defensive stocks, and wine vs stocks...
GM Callum...regarding chart #9...I am curious about when was the last time that retail investors were proven right to be more bullish then Wall Street? Sorry, I could not decipher that from the chart. I want to go back and read up on that time period for more clues that might relate to the current state of affairs. Thanks and Happy New Year!
Thanks, I would guess maybe around the dot com bubble since that was the last period of time where retail were hyper-engaged in the stockmarket and all-in on that bubble....... but at the same time, Wall Street were also for the most part dancing right along with the music.
Quantitatively I will see what I can come up with (maybe some type of institutional vs retail sentiment metric)
Great chart report!
Love those yearly charts of the S&P 500. Helps remind you to look past the noise of the daily squiggles...
Cheers, indeed... the old chartist saying of "if in doubt, just zoom out"
GM Callum...regarding chart #9...I am curious about when was the last time that retail investors were proven right to be more bullish then Wall Street? Sorry, I could not decipher that from the chart. I want to go back and read up on that time period for more clues that might relate to the current state of affairs. Thanks and Happy New Year!
Thanks, I would guess maybe around the dot com bubble since that was the last period of time where retail were hyper-engaged in the stockmarket and all-in on that bubble....... but at the same time, Wall Street were also for the most part dancing right along with the music.
Quantitatively I will see what I can come up with (maybe some type of institutional vs retail sentiment metric)
Great charts Happy New Year
Cheers! Happy New Year :-)