MoneyShow.com indicator reveals 49% of Active Traders are Bullish, 22% Bearish, 29% Neutral

SARASOTA, Fla., Nov. 16, 2011 /PRNewswire/ -- MoneyShow.com, the largest multimedia investment education destination for investors, traders, and financial advisors announced the results of its most recent Traders' Sentiment Indicator on its Web site. The results revealed that 49% of active traders are bullish, 22% are bearish, and 29% have a neutral outlook about the S&P 500 between now and the end of 2011. This marks a dramatic change from the last Sentiment Indicator Survey in June that revealed just 36% of traders were bullish and 41% were bearish while 23% were neutral.

Traders who short the market indicated they will do so frequently with 39% stating more than 25% of their trades will be short sales.  Nearly 93% of traders expected to see the Fed keep interest rates unchanged for the remainder of 2011.

Stocks and options emerged as the trading vehicles of choice, with 51% of traders expecting those trades to be the most profitable for the duration of the year. In June, 41% of traders felt the dollar would fall moderately in relation to other currencies. Now, just 16% feel the same way. Also, in June, 21% of traders felt the dollar would rise whereas over 40% feel the dollar would strengthen in relation to other currencies.

Traders also believe gold prices will rise with 56% stating the precious metal will rise by less than 25% while 5% of traders believe it will rise more than 25%. Nearly 60% of traders believe the economy will remain about the same for the remainder of the year while 24% believe it will worsen.

The MoneyShow.com Traders' Sentiment Indicator polled 360 active traders from its member list between November 7 and November 11. The complete findings of the Traders' Sentiment Indicator are now available on MoneyShow.com.

About MoneyShow.com

MoneyShow.com is a multimedia online community featuring commentary, videos, Webcasts, and articles from the same experts who appear at MoneyShow live events, as well as other leading thinkers in the investing and trading community. It offers free membership and provides 24-hour access to powerful, profitable, and actionable advice directly "from the experts"; hundreds of hours of education designed for investors, traders, and financial advisors; and content by topic, expert, and/or company specific to investors' portfolio needs. Please visit www.MoneyShow.com.  

SOURCE MoneyShow.com