Investor Sentiment Getting Greedy? Seems Unwarranted

A number of indicators of investor sentiment are exhibiting rising “greed” ranges. And when traders get grasping, it tends to suggest that we’re nearing a prime.

However, I’m not sure why greed ranges are so excessive when so many belongings have little to brag about over the previous few years!

Immediately’s weekly chart mash-up exhibits the efficiency of 6 totally different devices throughout numerous asset lessons since December 2021 and has been the perfect performer at +13%.

The others have actually gone nowhere. Principally flat.

So maybe all this pleasure is a bit overdone. And perhaps traders have to be extra selective in selecting belongings with good threat/reward setups.