Counting Gold Longs as Sentiment Bulls

Posted by

We certainly ain’t gonna solve the debate about the usefulness of sentiment surveys here today…but Erik at Market Anthropology asks an interesting question about how we’re reading them:

If the Investor Intelligence survey of the previous week found only 15.7% of advisors were bearish, and yet the majority of those advisors were still riding the strongest market sector, that just happens to be the bearish safehaven of gold and silver – isn’t it misrepresenting the underlying market sentiment?

Is being bullish on gold and silver, which to a man almost every long investor and trader is, a sign of overall bullishness in the traditional sense?  Is the survey meant to record gold longs as “bulls”?

Once again, the Fed-induced, liquidity-driven rally forces us to reinterpret yet another distortion of the old rules of engagement.

Source:

Winning (Market Anthropology)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. best rabbit vibrators commented on May 14

    best rabbit vibrators

    […]we prefer to honor several other world-wide-web websites on the internet, even when they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  2. lesbian sex toy review commented on May 14

    lesbian sex toy review

    […]Here is a superb Weblog You may Obtain Interesting that we Encourage You[…]

  3. strap on for lesbians commented on May 14

    strap on for lesbians

    […]just beneath, are numerous absolutely not connected web sites to ours, however, they are surely worth going over[…]

  4. oh naughty rabbit vibrator commented on May 14

    oh naughty rabbit vibrator

    […]usually posts some very intriguing stuff like this. If you’re new to this site[…]

  5. mp3 songs commented on May 15

    mp3 songs

    […]Sites of interest we’ve a link to[…]

  6. aflampornhd commented on May 15

    aflampornhd

    […]usually posts some pretty interesting stuff like this. If you’re new to this site[…]

  7. Musicpleer commented on May 15

    Musicpleer

    […]Wonderful story, reckoned we could combine some unrelated data, nevertheless actually worth taking a search, whoa did one discover about Mid East has got more problerms at the same time […]

  8. adult tube websites commented on May 16

    adult tube websites

    […]we came across a cool web page that you simply may get pleasure from. Take a appear if you want[…]

  9. best sex toy for women commented on May 16

    best sex toy for women

    […]we prefer to honor quite a few other world-wide-web web pages around the net, even when they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  10. vibrating tongue commented on May 16

    vibrating tongue

    […]check below, are some totally unrelated internet sites to ours, on the other hand, they may be most trustworthy sources that we use[…]

  11. most powerful bullet vibrator commented on May 16

    most powerful bullet vibrator

    […]that would be the end of this write-up. Right here you will uncover some websites that we consider you will value, just click the links over[…]

  12. butterfly sex toy in public commented on May 17

    butterfly sex toy in public

    […]just beneath, are many totally not associated web-sites to ours, nevertheless, they’re certainly worth going over[…]

  13. anal lube commented on May 17

    anal lube

    […]here are some links to internet sites that we link to due to the fact we consider they’re really worth visiting[…]

  14. how to masturbate commented on May 17

    how to masturbate

    […]that could be the finish of this write-up. Here you’ll discover some web sites that we assume you’ll appreciate, just click the hyperlinks over[…]

  15. Inspections Hawaii Inc commented on May 18

    Inspections Hawaii Inc

    […]the time to study or pay a visit to the subject material or web-sites we’ve linked to below the[…]

HowIInvestMyMoney