Institutional tracking (data analysis).
I have received a question about how to determine the bullish or bearish sentiment of institutional investors. There is an index called the NAAIM index, which represents the indexation of institutional investors' holdings of U.S. stocks and is graphically represented. ![]()
Here it is...
A value above 80 is considered excessive optimism, and a value below 20 is considered excessive pessimism.![]()
80以上は過度の楽観、20以下は過度の悲観と捉えられています![]()
Since the beginning of 2024, the institutions have consistently maintained a bullish stance as the market rebounds without dropping below 50. The market has risen to around 100 upon rebound. It can be observed that the market has become bullish since mid-August. If the market continues to rise to around 100, there is a possibility of reaching a temporary peak. After that, it would be helpful to periodically check the NAAIM index to see what kind of market trend will emerge.![]()
I think it is an excellent reference data as it has a strong correlation with stock prices.![]()
I apologize for the outdated data, but it represents the relationship between the SP500 and NAAIM index.![]()
During the uptrend in 2017, there are times when the NAAIM index does not decline for a long period and stays around 60-70 to 80-100, knowing this kind of movement alone can change your perspective.![]()
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SOXL、TSLL、マイニング株で中長期でまずは資産1億目指しているものです┏○ﾍﾟｺｯ
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ぴるさん : Interesting document![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
When looking at the correlation between the SP500 and the NAAIM index, it is clear that institutional investors are the ones driving the index.
ジョモりん OP ぴるさん : まったくです、ようは機関が売って下がったとこを拾いましょうって感じです、しかしながら相場が強いとNAAIM指数が下がるの待ってたらそのまま高い数値を維持し株価も上がり続けることがあるのを理解する必要があります![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")