SARASOTA, Fla., June 10 /PRNewswire/ -- MoneyShow.com, a multimedia online community for investors and traders, and subsidiary of MoneyShow, the world's leading producer of investment trade shows and cruises, announced the results of the Traders' Sentiment Indicator today on its Web site. The results revealed that 39% of active traders are bullish, 42% are bearish, and 19% have a neutral outlook about the S&P 500 for the remainder of 2010.
Nearly 24% of respondents reported that more than 50% of their trades will be short sales, up 3% since the last Trader Sentiment Indicator in February of this year, while 20% anticipate they will not make any short sales in 2010. Additionally, 35% of traders expect interest rates to be raised once or twice (a 21% decrease since the last indicator) this year, while 62% anticipate no change in interest rates. Nearly 31% of respondents anticipate the economy will improve while 32% predict it will worsen.
Stocks and options emerged as the trading vehicle of choice, with more than 54% of traders expecting those trades to be the most profitable for the duration of the year. Traders also predicted the U.S. dollar will rise moderately to significantly in relation to other currencies according to an overwhelming 59% of respondents – an increase of 11% since the last indicator was released.
The MoneyShow.com Traders' Sentiment Indicator was taken by 500 active traders on its subscriber list between June 2 and June 7, 2010.
The complete findings of the Traders' Sentiment Indicator are now available on MoneyShow.com. The site will commission several other indicators throughout the year among investors and traders, which will be announced in conjunction with its various trade shows.
MoneyShow.com is a free multimedia online community featuring commentary, videos, Webcasts and blogs from the same experts who appear at MoneyShow live events, as well as other top thinkers in the investing and trading worlds. The site provides 24-hour access to powerful, profitable and actionable advice directly "from the experts." It offers hundreds of hours of education designed for investors, traders, and financial advisors with easy access by topic, expert and/or company so individuals can tailor the information to their needs. Please visit www.MoneyShow.com.