
Relative Sentiment Investing with Ray Micaletti
Excess Returns
00:00
Is Retail a Contrast Indicator of What They're Doing?
Whenever the news is very bad, and retail can't imagine anything better in the future, that's when institutions are buying. "I think you're probably going to agree with this, but like, that retail is pretty much always wrong," he says. When it gets really extreme, then you might have a multi-day multi-week trade. But then when sentiment reset itself, then you're left wondering where does the market go?
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