The DC Today - Thursday, July 20, 2023
The greed/fear index is tilted way towards the “greed” side of things and while it feels good to some, we like it the other way.
The Dividend Cafe · The Bahnsen Group
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Show Notes
Today's Post - https://bahnsen.co/44yThlA
It’s hard for contrarians to like some of the sentiment out there, with “bulls” at their highest level since April of 2021 and bears at their lowest level since June of 2021. The greed/fear index is tilted way towards the “greed” side of things and while it feels good to some, we like it the other way.
Earnings season has started off well across the market, broadly speaking, but Tesla and Netflix were the first two mega-cap “name brand” companies to buck that trend this season, getting hit hard today (though still way, way up on the year).
Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com