SentimentEdge report

Jason Goepfert

5-11-2022 at 8:44 am

Sentiment is washed out

The spread between Dumb Money and Smart Money Confidence has widened to an extreme, as Dumb Money has plunged to one of the lowest levels in 23 years. Stocks have consistently rebounded over the next couple of months after similar extremes, even during protracted bear markets.

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