
Trader Sentiment Nearly Split for 2010
MoneyShow.com indicator reveals 39% of Active Traders are Bullish, 41% Bearish, 19% Neutral
SARASOTA, Fla., Feb. 15 /PRNewswire/ -- MoneyShow.com, a multimedia online community for investors and traders, and subsidiary of MoneyShow, the world's leading producer of investment trade shows and cruises, announced the results of the Traders' Sentiment Indicator today on its Web site. The results revealed that 39% of active traders are bullish, 41% are bearish, and 19% have a neutral outlook about the S&P 500 for 2010.
Nearly 21% of respondents reported that more than 50% of their trades will be short sales while 17% indicated they anticipate they will not make any short sales in 2010. Additionally, 56% of traders expect interest rates to be raised once or twice this year while 40% anticipate no change in interest rates. Just over 32% of respondents anticipate the economy will improve while 30% predict it will worsen.
Stocks and options emerged as the trading vehicle of choice, with more than 52% of traders expecting those trades to be the most profitable for the duration of the year. Traders also predicted the U.S. dollar will rise moderately to significantly in relation to other currencies according to an overwhelming 48% of respondents.
The MoneyShow.com Traders' Sentiment Indicator was taken by 483 active traders on its subscriber list between February 8 and February 12.
The complete findings of the Traders' Sentiment Indicator are now available on MoneyShow.com. The site will commission several other indicators throughout the year among investors and traders, which will be announced in conjunction with its various trade shows.
About MoneyShow.com
MoneyShow.com is a free multimedia online community featuring commentary, videos, Webcasts, and blogs from the same experts who appear at MoneyShow live events, as well as other leading thinkers in the investing and trading worlds. It provides 24-hour access to powerful, profitable, and actionable advice directly "from the experts" offers hundreds of hours of education designed for investors, traders, and financial advisors; and allows easy access by topic, expert, and/or company so investors and traders can tailor the information to their needs. Please visit www.MoneyShow.com.
SOURCE MoneyShow.com
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