Merchants work on the floor of the stock market in New York on February 20, 2025.
Spencer Platt | Getty Images
The expensive stock market did not prevent traders from becoming more lush, as investors are increasingly betting that Bull Run could continue to bang, according to a new quarterly research by Charles Schwab clients.
Bulls continue to outweigh bears among merchants 51% to 34%, according to the Schwab research, which was interviewed by 1,040 active merchants last month. Young merchants under the age of 40 have demonstrated the jump in optimism, with the fact that he has jumped to 59%. This is compared to 47% in the fourth quarter. The positive mood came even when two -thirds of merchants believe the market is overrated, the research states.
“It is clear that most merchants believe that there is little freckles on the market, but they are in balance, they also feel like there is still room for the Bulls management,” said James Kostulias, head of trade services in Charles Schwabu. “More than half of the merchants plans to move additional money into supplies in Q1,” Kostulias added.
Although the b. Terry indicates positive views of the market, this can be considered as opposite to the demonstration when there are signs of excess.
S & P 500
After the flourishing two -year period in which S & P 500 It climbed more than 50%, the momentum slowed down from the late growth of concern about economic slowdown and increased volatility from the rapid changes of policy from a new administration. The capital reference value in the year is only 1.3%, while technologically heavy Nasdaq composite He plunged into a negative territory for 2025.
As for the sector, traders are the most fun in energy, technology, finance and utility services. These sectors are usually users under Trump’s administration due to potential deregulation.
The study also discovered a significant decline in the number of merchants who believe that the recession would appear in the US -in only a third of the respondents, she called “a little probable”, compared to 54% in the previous quarter.
Most merchants also did not see the reaction in inflation, and two -thirds of them saw the pressures of prices.
