Daily Report : Market environment and momentum vs sentiment

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-08-14 at 17:32:02 CDT

The past week saw the market environment improve somewhat but it remains neutral at best. During neutral markets, bouts of high optimism, like we continue to see now, tend to lead to below-average returns. Other markets are also showing extreme momentum, but that took a hit with some intra-week reversals.

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