Navigating Markets During Record-Low U.S. Consumer Sentiment
US consumer sentiment has registered its lowest point in history.
Looking closer, its last three readings were below the 50 level: 49.8 in April, 44.8 in May, and 49.5 in June.
Since the 1950s, consumer sentiment has stayed generally above the 80 level around 45% of the time, and above the 100 level another 45% of the time.
What about the remaining 10% of the time?
Whenever it drops below the 80 level, we historically see various economic crises.
Today, it stays well below the 70 level, so what does this mean? In this post, I will share how I am managing these emerging risks and how to determine whether a deeper correction in the US stock market is approaching.
Micro E-mini Nasdaq-100 Index Futures and Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
Looking closer, its last three readings were below the 50 level: 49.8 in April, 44.8 in May, and 49.5 in June.
Since the 1950s, consumer sentiment has stayed generally above the 80 level around 45% of the time, and above the 100 level another 45% of the time.
What about the remaining 10% of the time?
Whenever it drops below the 80 level, we historically see various economic crises.
Today, it stays well below the 70 level, so what does this mean? In this post, I will share how I am managing these emerging risks and how to determine whether a deeper correction in the US stock market is approaching.
Micro E-mini Nasdaq-100 Index Futures and Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
konhow@weipedia.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.