Friday, March 19, 2021

#Sentiment Review $SPX

Sentiment Review
The old American idiom of a day late and dollar short is an phrase easily applied to majority's ability to time (buy or sell) US stocks. The majority, influenced more by instinctual behavioral tendency of the individual to seek acceptance of an emotionally-driven crowd than act independently in the minority, views rising and falling stocks prices as bullish and bearish. This tendency that drives them chase when probabilities favor fading relegates the majority as the consistent bagholders of history's panics and trend changes.

Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.”, John Templeton

Subscriber Comments

The rise in interest rates is being blamed for yesterday's selloff. Subscribers that routinely review the Matrix and read/watch the Reviews recognize this explanation as too simple. Please separate your understanding of markets from the crowd mentality that tends to accept headlines as facts by watching the video below. It will also teach you how to use the Matrix for more than using the Evolution of the Trade to manage your favorite market(s).

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