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AFMC - Sentiment Speaks: It Is Time For A Serious Dose Of Caution
First Trust Active Factor Mid Cap ETF
2024-03-11 11:00:00 ET
Summary
The market mood seems to be turning towards extreme bullishness.
I am starting to see some cracks in the bullish armor.
If the market provides us with a specific set up in the coming weeks, we can see a 25% decline this year.
As the market continues higher, so do the expectations of most market participants, as well as their desire to place more money into the market. And, that is something that has always amazed me about the stock market....