Investor Sentiment Getting Greedy? Seems Unwarranted


Several indicators of investor sentiment are showing rising “greed” levels. And when investors get greedy, it tends to imply that we are nearing a top.BUT, I am unsure why greed levels are so high when so many assets have little to brag about over the past few years!Today’s “weekly” chart mash-up shows the performance of 6 different instruments across various asset classes since December 2021… and gold has been the best performer at +13%.The others have literally gone nowhere. Basically flat.So perhaps all this excitement is a bit overdone. And maybe investors need to be more selective in choosing assets with good risk/reward setups.More By This Author:Coinbase Stock Price Rally Putting In Bearish Reversal?Bitcoin Rally Tests Old High; Will Fibonacci Price Resistance Hold Again?Equal Weight S&P 500 Testing Key Fibonacci Extension Level

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