SARASOTA, Fla.--(BUSINESS WIRE)--MoneyShow, the largest multimedia investment education destination for investors, traders, and financial advisors, announced the results of its MoneyShow.com Traders’ Sentiment Indicator survey at The Traders Expo New York. The results revealed that 47% of active traders are bullish, 37% are bearish, and 16% have a neutral outlook about the S&P 500 between now and the middle of the year, June 30, 2014.
Traders who short the market indicated they will do so frequently with 29% stating more than a quarter of their trades will be short sales.
Stocks emerged as the trading vehicles of choice, with 54% of traders expecting those trades to be the most profitable for the duration of the year. Nearly half of traders surveyed, (43%) felt the dollar would rise moderately in relation to other currencies while 32% believe it will remain about the same.
Traders are bullish on gold, with 41% predicting the precious metal price will rise by less than 10%, and 41% of traders believe it will rise more than 10%. Over 54% of traders expect the yield on the 10 year T-note will rise above 3.0%.
The MoneyShow.com Traders’ Sentiment Indicator polled 580 active traders from its member list between February 3 and February 10, 2014. An article revealing more details about the Traders' Sentiment Indicator is located on MoneyShow.com
MoneyShow | Invest Smarter, Trade Wiser is a global network of investment and trading education. The privately held financial media company was founded in 1981 and is headquartered in Sarasota, Florida, USA. Each year, MoneyShow's roster of live and online events attract more than 75,000 investors, traders, and financial advisors who gather with top market experts in dynamic, face-to-face, and online learning forums worldwide.