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. handbags commented on Aug 05

    handbags

    […]here are some hyperlinks to internet sites that we link to due to the fact we think they may be worth visiting[…]

  2. gourmet coffee brands commented on Aug 05

    gourmet coffee brands

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nonetheless seriously worth taking a appear, whoa did one particular understand about Mid East has got a lot more problerms as well […]

  3. Prada commented on Aug 06

    Prada

    […]we prefer to honor many other web internet sites around the internet, even though they aren’t linked to us, by linking to them. Below are some webpages worth checking out[…]

  4. gourmet coffee brands commented on Aug 06

    gourmet coffee brands

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nevertheless definitely worth taking a search, whoa did 1 study about Mid East has got much more problerms also […]

  5. Stella Mccartney commented on Aug 06

    Stella Mccartney

    […]we came across a cool internet site which you may take pleasure in. Take a look should you want[…]

  6. YSL commented on Aug 06

    YSL

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

  7. حلقه ازدواج commented on Aug 07

    خرید طلا

    If you are likely for most excellent contents like myself, just go to see this website everyday simply because it provides feature contents, thanks

  8. vídeos xxx commented on Aug 07

    vídeos xxx

    […]please stop by the internet sites we follow, like this one, because it represents our picks through the web[…]

  9. free porn commented on Aug 07

    free porn

    […]the time to study or go to the subject material or web sites we’ve linked to below the[…]

  10. apps download for windows 7 commented on Aug 08

    apps download for windows 7

    […]usually posts some pretty exciting stuff like this. If you are new to this site[…]

  11. brindes personalizados commented on Aug 09

    brindes personalizados

    […]one of our visitors lately suggested the following website[…]

  12. خرید لارجرباکس commented on Aug 12

    largerbox

    here are some hyperlinks to internet internet pages that we link to for the cause that we imagine they might be really worth browsing

  13. نوین مارکتینگ تبلیغات گوگل commented on Aug 12

    تبلیغ در گوگل ادوردز

    Does your website have a contact page? I’m having a difficult time finding it but, I’d like to shoot you an e-mail. I have acquired some innovative tips for your site you might be fascinated in hearing. Possibly way, great blog and I search forward to…

  14. دوربین مداربسته commented on Aug 12

    دوربین

    Hi there! This is variety of off subject matter but I require some tips from an proven weblog. Is it very tough to established up your possess weblog? I’m not quite techincal but I can figure issues out quite quick. I’m contemplating about environment…

  15. گردنبند خورشید commented on Aug 13

    خرید طلا

    we came throughout a amazing net web site which you could value. Just take a search when you want

HowIInvestMyMoney