It really is amazing to see us hanging around "fear" as the market has continued to make new highs. It's not typical, and makes me think we are still climbing the "wall of worry" higher in disbelief with many underinvested and underperforming.
It's possible! The reason I'll take the other side of that is because the bearish reading in the index is from market indicators that have historically accompanied "fear." The actual sentiment in the market is the opposite of fear from what I'm seeing. Roaring Kitty is back. GME has been pumping. The VIX is under 13 again. These are signs of a complacent market not a worried market IMHO
It really is amazing to see us hanging around "fear" as the market has continued to make new highs. It's not typical, and makes me think we are still climbing the "wall of worry" higher in disbelief with many underinvested and underperforming.
It's possible! The reason I'll take the other side of that is because the bearish reading in the index is from market indicators that have historically accompanied "fear." The actual sentiment in the market is the opposite of fear from what I'm seeing. Roaring Kitty is back. GME has been pumping. The VIX is under 13 again. These are signs of a complacent market not a worried market IMHO