Retail traders continue buying up the Dow Jones and S&P 500 despite recent losses. This is still a warning that more pain might be ahead for Wall Street. Get your market update from ddubrovskyFX here:
. As a result, IG Client Sentiment warned that further losses might have been in store.
tends to function as a contrarian indicator, and last week’s outlook came true. Will volatility remain elevated ahead? Check out the recording above for a deeper dive.shows that about 53% of retail traders are net-long the Dow Jones. Since most traders are biased to the upside, this warns that prices may continue falling. Net-long bets have also increased by 1.59% and 22.28% compared to yesterday and last week, respectively.
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S&P 500, Nasdaq 100, Dow Jones Forecast Ahead of Non-Farm Payrolls (NFP)Inflation can create massive problems and historically speaking, we’re already at far-elevated levels. The most recent example of inflation in this range was in the late-70’s, the era of stagflation. Get your market update from JStanleyFX here:
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