Las Vegas Traders Expo Sentiment Indicator

11/15/2007 12:00 am EST

Focus: STRATEGIES

Tim Bourquin

Co-Founder, The Traders Expo and The Futures & Forex Expo

Active Traders Expect Stocks to Continue to Drop Until the End of the Year

MoneyShow.com announced today the results of their latest Traders Sentiment Indicator, which polled 3,600 active traders across the country. According to the survey, 40% of traders estimate that 26% or more of their trades conducted until the end of the year will be short sales. On the flip side, 22% of traders feel none of their trades will be short sales. MoneyShow.com's Traders Sentiment Indicator will be revealed at the Traders Expo 2007 at Mandalay Bay Resort in Las Vegas.

In addition, 55% of traders expect the US dollar to continue to weaken and 31% expect it to remain the same, while 14% believe the US dollar will rise moderately by the end of the year. With the volatility of the worldwide markets in the past few weeks and the continued weakening of the US dollar, the MoneyShow.com Traders Sentiment Indicator shows that traders are proceeding with cautious optimism with their trades for the remainder of the year.

Another key finding from the survey indicated that 56% of traders expect the Standard & Poor's 500 average to decline or remain the same through the end of the year, which is in line with traders' plans to short sell trades. The Traders Sentiment Indicator also showed that 51% of traders are confident that the Federal Reserve will not change interest rates while 43% expect it to lower interest rates. Only 6% expect the Federal Reserve to raise interest rates.  

To determine which types of investments traders are expecting to turn the most profits through the end of the year, traders were asked to select one among the following choices: options, stocks, commodities (gold, energy, agricultural, etc.), futures & commodities, foreign currency (forex), and ETFs. The results were mixed as 57% of traders were split between options (27%) and stocks (30%). The results were also close between commodities (10%) and futures & commodities (12%) as well as foreign currency (15%) and ETFs (6%).

The MoneyShow.com Traders Sentiment Indicator polled 3,600 traders from its subscriber list between November 5 and November 13, 2007. The complete findings of the Traders Sentiment Indicator are now available below. MoneyShow.com also commissions several other indicators throughout the year among high-net-worth individual investors, active traders, and investment experts which will be announced in conjunction with InterShow's various trade shows, and made available on MoneyShow.com.

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