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. امتیاز کیفیت در تبلیغات گوگل commented on Jul 02

    تبلیغ در گوگل ادوردز

    Greetings from Florida! I’m bored to loss of life at perform so I decided to verify out your website on my apple iphone in the course of lunch break. I get pleasure from the data you provide right here and can’t wait to take a look when I get house. I’…

  2. pc games free download for windows 7 commented on Jul 02

    pc games free download for windows 7

    […]here are some links to web pages that we link to because we consider they’re really worth visiting[…]

  3. junk car buyer commented on Jul 02

    junk car buyer

    […]that may be the finish of this article. Right here you will uncover some websites that we assume you’ll enjoy, just click the links over[…]

  4. free download for laptop commented on Jul 02

    free download for laptop

    […]we came across a cool internet site that you could possibly get pleasure from. Take a search for those who want[…]

  5. lion kona coffee blends commented on Jul 03

    lion kona coffee blends

    […]always a massive fan of linking to bloggers that I love but do not get a great deal of link adore from[…]

  6. lion 100% kona coffee commented on Jul 03

    lion 100% kona coffee

    […]Every when inside a while we pick out blogs that we study. Listed below are the latest internet sites that we choose […]

  7. escape room αθήνα commented on Jul 03

    escape room αθήνα

    […]Here is a great Weblog You may Locate Intriguing that we Encourage You[…]

  8. hualalai premium coffee commented on Jul 03

    hualalai premium coffee

    […]always a significant fan of linking to bloggers that I love but don’t get quite a bit of link love from[…]

  9. chihuahua clothes commented on Jul 03

    chihuahua clothes

    […]Here are a few of the sites we advocate for our visitors[…]

  10. free pc games download commented on Jul 03

    free pc games download

    […]one of our guests not too long ago proposed the following website[…]

  11. hualalai coffee beans commented on Jul 03

    hualalai coffee beans

    […]Here are some of the sites we advocate for our visitors[…]

  12. Abraaj commented on Jul 03

    Abraaj

    […]please take a look at the web-sites we stick to, including this 1, as it represents our picks in the web[…]

  14. Cream with snow algae. commented on Jul 04

    Cream with snow algae.

    […]check below, are some entirely unrelated web-sites to ours, having said that, they’re most trustworthy sources that we use[…]

  15. Travel commented on Jul 04

    Travel

    […]very handful of websites that transpire to become detailed beneath, from our point of view are undoubtedly very well really worth checking out[…]

HowIInvestMyMoney