Why is it good to be bullish, believing prices will rise, when the majority are bearish, believing prices will fall?
“There are two important indicators this week: the job openings survey and the September job report. Job growth cooling would show Federal Reserve policies are taking hold. The percentage of bearish individual investors has jumped over 60%. History says it is good to be bullish when the majority are bearish,” John Ingram, Chief Investment Officer, Partner, told Oliver Renick on TD Ameritrade Network’s Market on Close.
Click to watch the interview here.