Optimism among stock market investors has dropped to one of the lowest levels according to a survey by the American Association of Individual Investors (AAII).
Decentralized finance surpasses 3 million users ahead of major Ethereum upgrade cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.
Stronger pound dents FTSE 100; Lloyds rises yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Market strategist Sven Henrich, who warned of the crash before it occurred in February 2020, says we are staring at the largest valuations and technical disconnects ever.
He said the difference between current price levels and exponential moving averages shows stocks are again due for a pullback.
On February 20 last year, right at the market s top, Sven Henrich reiterated a warning. From my perch this market is the most dangerous we ve seen since 2000, Henrich, the founder of NorthmanTrader, wrote in a post on his site.
Over the course of the following month, the market would go on to shed 35% of its value as the global pandemic worsened.
Wells Fargo: Investor Optimism Gains Steam in Fourth Quarter bozemandailychronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bozemandailychronicle.com Daily Mail and Mail on Sunday newspapers.