Hey, Ross here:
I talk a lot about how fickle retail sentiment is.
Today, let’s look at some proof.
Chart of the Day
You might recognize this chart as the weekly sentiment survey from the American Association of Individual Investors.
As you can see – as of the latest survey yesterday, there’s been a massive spike in bullish sentiment.
For the first time in weeks, the bulls are back outnumbering the bears.
And yet, if you look at the major indexes…
They’re actually still lower right now than they were weeks ago – when bearish sentiment was far higher.
Look at the chart again.
Three weeks ago – November 12 – the bears severely outnumbered the bulls.
But the Nasdaq then closed at almost exactly at the same level as yesterday.
What does this mean?
I elaborate in the Insight of the Day below.
Insight of the Day
Retail sentiment often has very little to do with objective price action.
And a lot to do with how they subjectively feel about the market.
Now, don’t get me wrong.
We’re all human and we all feel emotions…
Including the world’s best traders and the professional investors managing billions of dollars.
No matter who you are, you will always have some sort of feeling about the market.
The question is – how much will you let that subjective feeling influence your trading decisions?
The pros don’t let it happen to them (or at least, only very rarely).
And the way they manage to do that, is not through some sort of superhuman emotional discipline…
But by sticking to a predetermined process.
That’s how you stop getting swayed by clickbait media…
That’s how you stop getting jerked around by the institutional investors “shaking out” the retail crowd.
And that’s why tomorrow, Friday December 5, at 11 a.m. Eastern…
I’m going LIVE to show you a step-by-step process you can follow to target the most explosive breakouts in this market.
This process has been used by some of the best traders in the world, including multiple U.S. investing champions…
And it’s signaled moves of 163% in seven weeks…
270% in 10 weeks…
And even 177% in just 11 days.
I’ll walk you through everything tomorrow.
So just click here to save your seat for my free live walkthrough…
And I’ll see you Friday morning at 11 a.m. ET.
P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
Customer Story of the Day
“TA is always the best – support as well as overall teaching re: stock investing strategies, chart interpretation, etc.
Jean is terrific helping with options and personally calls, emails, etc.
TA has taken me from knowing nothing about personally investing (always had an Investment Company do all when actively working) now retired and looking for something to do.
They are the best by far.”
Ross Givens
Editor, Stock Surge Daily
