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Chart of the Day: Bespoke Reader Sentiment

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Bespoke ran a poll this weekend asking readers where they thought the SP500 would end one month from now. Very interesting to see that currently 58% of respondents are bearish.

While a poll of only 429 votes is hardly scientific, it is very indicative of the current mood of the markets. Apparently everybody is expecting a another summer selloff which could be a good signal that after 2 nasty summers the market is ready for a surprise.


Will the S&P 500 be higher or lower than its current level one month from now?Selection 
Votes
Higher 42%                     182
Lower 58%        247
429 votes total






Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

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