Keyword: market sentiment

U.S. Equity Market Sentiment and S&P 500 The equity risk indicator from Morgan Stanley is still in exuberant territory. Image: Morgan Stanley Research

Market Sentiment Indicators Chart showing that most market sentiment indicators are now reaching high levels. Image: Goldman Sachs Global Investment Research

Global Equity Market Sentiment Chart suggesting that global investors have become euphoric again. Image: Nomura

European Equity Market Sentiment Index The chart shows that the European equity market sentiment has deteriorated. Image: Nomura

US Equity Market Sentiment and Relative ETF Flows Since 2018 This chart shows the correlation between US equity market sentiment and relative ETF flows recently. Inflow to US equity type ETF has picked up recently​. Image: Nomura

“U.S. Stock Market, No Froth In Sight” Says Stock Market Sentiment Index Keep in mind that it is just another investor sentiment tool. But it does not show at all if the US stock market is overvalued or undervalued. See our stock market valuation model (99% correlation and R² = 0.97 since 1970).

U.S. Home Builder Sentiment – NAHB/Wells Fargo Housing Market Index Lower mortgage rates help the housing market and boost home builder sentiment. Image: Leonard Kiefer

NAAIM Exposure Index – Investor Sentiment The National Association of Active Investment Managers Exposure Index represents the two-week moving average exposure to U.S. equity markets reported by NAAIM members. The NAAIM Exposure Index stands at 94% this week. NAAIM members are still very optimistic & bullish. Image: National Association of Active Investment Managers (NAAIM)

U.S. AAII Sentiment Survey and S&P 500 This chart shows that market sentiment is important to contrarian investors. Image: Pictet Asset Management

U.S. Consumer Sentiment The University of Michigan Consumer Sentiment Index is more sensitive to financial markets, whereas the Conference Board Index reflects labor market conditions. Image: J.P. Morgan