What will ultimately break the trend for the current bull market, complacency, trading volume
NAOS Asset Management
NAOS
What will ultimately break the trend for the current bull market, complacency, trading volume? The S&P 500 is now at another record high though many investors, especially domestic ones, continue to say that the market is too complacent and is not factoring in enough earnings risk over a 12 month view, hence many stocks are priced for perfection. The above comes at a time when (1) the VIX for the S&P 500 is now roughly 10.70 which is the lowest since late February 2007. (2) trading volumes on the S&P 500 are reaching new highs on less and less volume, and (3) the percentage of investors who are bullish on the S&P 500 is also above 60% which, similarly to the VIX, is a record high since January 2005. Read more in our report: (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
A specialist fund manager providing genuine, concentrated exposure to Australian Listed Industrial Companies outside of the ASX-50. NAOS maintain a focus on long term capital protection and delivering sustainable growing fully franked dividends.
3 topics
NAOS Asset Management
NAOS
A specialist fund manager providing genuine, concentrated exposure to Australian Listed Industrial Companies outside of the ASX-50. NAOS maintain a focus on long term capital protection and delivering sustainable growing fully franked dividends.
Expertise
NAOS Asset Management
NAOS
A specialist fund manager providing genuine, concentrated exposure to Australian Listed Industrial Companies outside of the ASX-50. NAOS maintain a focus on long term capital protection and delivering sustainable growing fully franked dividends.
Expertise
Comments
Comments
Sign In or Join Free to comment