Traders work on the New York Stock Exchange on February 20, 2025.
Spencer Platt | Getty pictures
An expensive stock market did not prevent retailers from becoming more Bull, since investors, according to Charles Schwab's new quarterly customer survey, could increasingly bet that the bull run continues to chug.
According to Schwab's Survey, who surveyed 1,040 active traders last month, the bulls continue to be via the bears among the dealers from 51% to 34%. Young dealers under the age of 40 showed an increase in optimism in particular, with bullity rose to 59%. This is 47% compared in the fourth quarter. The positive mood even came when two thirds of the dealers believe that the market is overrated, the survey said.
“It is clear that the majority of dealers believe that there is a foam on the market, but in balance they also have the feeling that there is even more space for the bulls,” said James Kostulias, head of the commercial services at Charles Schwab. “More than half of the dealers plan to bring additional money into shares in the first quarter,” added Kostulias.
While bullity shows positive views on the market, it can also be seen as an opposite indicator if there are signs of excess.
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S&P 500
After a booming two -year period in which the S&P 500 The dynamics have recently slowed down and increasing concerns about economic slowdown and increased volatility due to quick political changes in the new administration slows down. The equity benchmark has only increased by 1.3% a year, during the technical-hatred Nasdaq Composite was immersed in a negative area for 2025.
With regard to sectors, dealers are optimistic about energy, technology, technology, finance and supply companies. Due to the potential deregulation, these sectors are generally beneficiaries of the Trump management.
The survey also recognized a significant decline in the number of dealers who believe that a recession in the United States will only appear a third of the respondents, which she called “somewhat likely” compared to 54% in the previous quarter.
The majority of the dealers also saw no reaction in inflation, with two thirds of them noticed how the price pressure was stable.