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Daily Report : Investors have rarely favored stocks so much over bonds

Jason Goepfert
2024-10-16
It's hard to blame them, but investors clearly love stocks. Sentiment is highly optimistic, especially when compared to the bond market. The spread in sentiment between the two markets has rarely been more divergent than it is now. That has tended to favor bonds.
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Headlines

Investors have rarely favored stocks so much over bonds: It's hard to blame them, but investors clearly love stocks. Sentiment is highly optimistic, especially when compared to the bond market. The spread in sentiment between the two markets has rarely been more divergent than it is now. That has tended to favor bonds.

Smart / Dumb Money Confidence

Smart Money Confidence: 43% Dumb Money Confidence: 79%

Risk Levels

Stocks Short-Term

Stocks Medium-Term

Bonds

Crude Oil

Gold

Agriculture

Research

Investors have rarely favored stocks so much over bonds

By Jason Goepfert

BOTTOM LINE
It's hard to blame them, but investors clearly love stocks. Sentiment is highly optimistic, especially when compared to the bond market. The spread in sentiment between the two markets has rarely been more divergent than it is now. That has tended to favor bonds.

FORECAST / TIMEFRAME
None

Sentiment Risk On / Risk Off Overview

Click here to view the Sentiment Risk On / Risk Off Overview on the site.

Indicators at Extremes

Click here to view on the site (% Extremes and "Excess" tabs on the dashboard).
% Showing Pessimism: 16%
Bullish for Stocks
Inverse ETF Volume
S&P 500 Price Oscillator
OEX Open Interest Ratio
S&P 500 Down Pressure
VIX
VIX Term Structure
OEX Put/Call Ratio
Mutual Fund Flow (no ETFs)
CSFB Fear Barometer
% Showing Optimism: 33%
Bearish for Stocks
Smart Money / Dumb Money Confidence Spread
NYSE High/Low Ratio
Rydex Bearish Flow
Rydex Ratio
Rydex Money Market %
AIM (Advisor and Investor Model)
% Showing Excess Optimism
Intermediate Term Optimism Index (Optix)
Dumb Money Confidence
SKEW Index
Retail Money Market Ratio
Equity Hedging Index
Options Speculation Index
AAII Bull Ratio
NAAIM Exposure Index
AAII Allocation - Stocks
NYSE Available Cash
Equity / Money Market Asset Ratio
Mutual Fund Cash Level

Phase Table

Click here to view the Phase Table on the site.

Ranks

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Sentiment Around The World

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Optimism Index Thumbnails

Sector ETF's - 10-Day Moving Average
Country ETF's - 10-Day Moving Average
Bond ETF's - 10-Day Moving Average
Currency ETF's - 5-Day Moving Average
Commodity ETF's - 5-Day Moving Average
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