Friday, July 28, 2023

#Sentiment Review $SPX

Sentiment Review
The old American idiom, a day late and dollar short, applies to the majority's ability to time (buy or sell) US stocks. The majority, influenced by emotion, buys when they should be selling, and vice versa.

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

Subscriber Comments

The majority, a group notoriously bad at timing from Bitcoin to commodities, get their butts paddled most often when they believe “it's different this time”. Selling stocks, for example, when the majority is bearish, will be a favorite trading/investing strategy long after we retire, and the Matrix is deemed irrelevant and useless technology.

Human nature drives this destructive behavior. It drives us to stand with the crowd in a vain attempt to remain relevant and popular, rather than doing the right thing.

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Today's sentiment review is open for all to watch. The Economy & Stock Report, a series of video updates, provides further discussion. Please join today to help avoid the next paddling. One is coming!

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