Sentiment – NFIB Small Business Optimism Index The NFIB Small Business Optimism Index increased by 2.2 points in October, reaching a level of 93.7. This rise in optimism among small business owners is a step in the right direction. Image: The Daily Shot
Investor Sentiment – U.S. Market Greed/Fear Index Investors are showing signs of excessive optimism, according to the Market Greed/Fear Index, which currently stands at a high 81.33. Image: Real Investment Advice
Sentiment Indicator and Stock Positioning The GS sentiment indicator has reached extreme levels, indicating that market participants are excessively optimistic and possibly overconfident in their bullish outlook. Image: Goldman Sachs Global Investment Research
S&P 500 and Combination of Forward PE, VIX, Bullish Sentiment Bullish sentiment among investors in the U.S. stock market continues to soar, reaching new all-time highs. Image: Topdown Charts
Fear & Greed Index – Investor Sentiment A Fear & Greed Index of 51 points to a market in equilibrium, where investor sentiment is neither overly fearful nor excessively greedy. Image: Cable News Network
NAAIM Exposure Index – Investor Sentiment The National Association of Active Investment Managers Exposure Index represents the two-week moving average exposure to U.S. equity markets reported by NAAIM members. The NAAIM Exposure Index currently stands at 91.60, indicating a significant level of confidence and optimism among active investment managers regarding the future direction of the stock market.…
Earnings Sentiment (Analyst Upgrades Minus Downgrades Across Markets) Earnings sentiment in the S&P 500 continues to improve, potentially setting the stage for continued market growth. Image: Goldman Sachs Global Investment Research
Different Market Sentiment Indicators Most market sentiment indicators currently reflect a risk-on attitude among investors, suggesting an optimistic outlook for financial markets in the near term. Image: Goldman Sachs Global Investment Research
U.S. Equity Sentiment Indicator – Equity Positioning With a reading of 0.8, the U.S. equity sentiment indicator is nearing stretched levels, suggesting investor sentiment is growing increasingly bullish, albeit not yet at extreme levels. Image: Goldman Sachs Global Investment Research
U.S. Equity Sentiment Conditions Index U.S. equity sentiment appears to be at relatively depressed levels heading into the 2024 U.S. presidential election, due to heightened uncertainty, market volatility, and concerns about potential policy shifts. Image: Pictet Asset Management
AAII U.S. Investor Sentiment Bull – Bear Spread The AAII US investor sentiment bull-bear spread indicates a shift towards a more cautious outlook, reflecting a decline in bullish sentiment and a rise in bearish sentiment among individual investors. Image: The Daily Shot