Hint of Upcoming “Phenomenal” Tax Announcement Sends Indexes to New All-Time Highs This Week

Weekly Market Summary Fiscal and monetary policy, as well as employment data, guided the market this week. Comments from President Donald Trump promising the release of a “phenomenal” tax announcement in the next “two or three weeks” sent shares soaring to new all-time highs on Thursday and carried over to Friday. In addition, St. Louis…

 

AAII Sentiment Survey: Bearish Sentiment Drops 6.5 Percentage Points

The percentage of individual investors describing their short-term market outlook as “neutral” is at its highest level since the election, according to the AAII Sentiment Survey. Pessimism fell, while optimism bounced back over last week. Bullish sentiment, expectations that stock prices will rise over the next six months, grew 3.0 percentage points, to 35.8%. Optimism…

 

Investors Weigh in on How New President Affects Their Investment

This week’s Sentiment Survey special question asked AAII members what investment changes they are making in reaction to the new presidential administration. Most respondents can be categorized as belonging to one of three distinct groups. Nearly 31% do not intend to make any change, with some saying that they follow a long-term approach and others…

 

AAII Sentiment Survey: Neutral Sentiment Rises to Highest Level Since Early November

The percentage of individual investors describing their short-term market outlook as “neutral” is at its highest level since the election, according to the latest AAII Sentiment Survey. Pessimism is also higher, while optimism has continued to pull back. Bullish sentiment, expectations that stock prices will rise over the next six months, fell 5.4 percentage points…

 

Market Rally Stalls, Investor Sentiment Sags as Trump Era Begins

At noon (Eastern time) on January 20, 2017, Donald John Trump took the oath of office, becoming the 45th president of the United States. Since the close of Election Day, November 8, 2016, the S&P 500 index gained 5.8% through the close on Thursday, January 19. Per Schaeffer’s Investment Research, average post-election return for the…

 

Bears Gain Ground as Trump Presidency Begins

Weekly Market Summary On Friday, Donald J. Trump was sworn in as the 45th President of the United States. Leading up to Inauguration Day, the “Trump Rally” had been losing its momentum, with the Dow Jones Industrial Average posting five straight losses before rising on Friday. In addition, Over the 10 trading days through Thursday,…

 

NASDAQ Highs Met With Mixed Feelings

This week’s Sentiment Survey special question asked AAII members for their thoughts about the recent new record highs set by the NASDAQ. Responses were very mixed. Approximately 18% of respondents think that the NASDAQ will continue to rise, with the upward momentum primarily being driven by tech stocks. An additional 6% view the record highs…

 

AAII Sentiment Survey: Optimism Falls to Lowest Level Since the Election

Optimism among individual investors waned, falling to its lowest level since the election, in the latest AAII Sentiment Survey. Both neutral sentiment and pessimism rose. Bullish sentiment, expectations that stock prices will rise over the next six months, fell 6.6 percentage points to 37.0%. Optimism was last lower on November 2, 2016 (23.6%). The historical…

 

Trump vs Trump: What Excites, Scares AAII Readers in 2017

A few weeks back we asked our readers where they thought the S&P 500 would end up in 2017, with the majority (74%) believing the index would end the year in the green. This week we broadened our answer and moved beyond investing. AAII Weekly Survey Question Last week as we asked our readers: What is…