It's that Sentiment Thing again

But here's the thing about sentiment. It's not easy to measure. And it's really more useful near extremes. But usually it's somewhere in the middle.

I think we do as good of a job as anyone at aggregating market sentiment. And even I can tell you that's it's still far from a perfect exercise.

But we can see some important extremes worth monitoring for a reversion.

Look at Newsletter writers, for example, the most bullish they've been in years.

This one measured by the spread between bulls and bears by investors intelligence:

Individual investors, however, have already started to come back to reality.

You can see the American Association of Individual Investors coming back towards the middle of their bull-bear range:

Meanwhile, CTAs are still really extreme.

These are the Commodity Advisors and when they're all leaning one way, it's usually best to lean in the exact opposite direction.

Look how bulled up they are right now:

But the best of all of these, I have to say, is the composite we create with a bunch of them in there together.

This brings in several of the sentiment polls above, as well as volatility data to get a more holistic view of the current mindset of market participants.

We got some extreme readings in sentiment back in February and March, and a lot of things corrected from there. Almost everything traded down or sideways for 3-4 months after that.

Then breadth expanded and many stocks went parabolic.

But let's remember that during this 3-4 month correction in most stocks earlier this year, there were still plenty of stocks that were still doing well.

In many cases, these winners, like Nvidia or SMCI for example, masked a lot of the selling happening underneath the surface across most stocks and industry groups.

I think this is likely going to be similar.

Winners AND losers.

This week was our Beginning of the Month LIVE Video Conference Call that we do to prepare for the month ahead.

Throughout this monthly exercise, we really take a step back and focus on identifying the primary trends.

We discussed the trades that we're putting on RIGHT NOW that I think are going to work great in the coming weeks and months.

Premium Members of ASC Research can watch the replay here, download all the slides, and review each of the Trade Ideas - including Price Targets & Risk Levels.

If you are not already a Premium Subscriber to ASC you can join here and get 24/7 access right away.

JC

Looking for 3x - 5x Returns?

Me too!

For years you've have been asking me for more aggressive trades looking for homeruns.

And in most of these cases, the idea was to speculate in micro-caps or even penny stocks in order to get that juice.

But that's not how I roll.

I buy real companies. I trade real stocks.

And so in a lot of these cases, we're nailing 15%, 20% or 30% winners. And there's nothing wrong with that. It's very respectable.

But even I am much more interested in generating 100%, 300% or over 500% on a trade. There's a specific portion of my portfolio that this sort of action is perfect for.

And I'm here for it.

Hello Breakout Multiplier

This is the 4-step System that I helped build and design, although the credit really goes to our developers, Steve Strazza and the Chaffer family for really bringing it all together.

Breakout Multiplier was designed from Day 1 to maximize the trade ideas and data firing from our Rangefinder Application that we built and designed over several years.

Since the launch last week, the system has already closed out 3 trades that went up at least 100%.

And this Cinemark trade is already up HUNDREDS of percent.

That's what Breakout Multiplier is designed to do.

It's exactly why it was built in the first place.

A new trade was just put on yesterday and is still a go coming into Monday.

You can get the trade here with a RISK FREE trial.

See you in there!