“There is no data we follow that is more worrying than this.”

by scuczu

Tiny investors are historically bullish. Last week, the smallest of options traders (those who trade 10 contracts or fewer at a time) positioned themselves to bet on a rally, buying bullish calls and selling bearish puts at a record pace, according to Sundial Capital Research. “When we look at a group of traders who tend to be wrong at emotional extremes, the warning sign is clear,” said Jason Go…


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