Your email has been successfully added to our mailing list.

×
0 0 -0.00319985464382698 -0.000676309972039163 -0.00092866443921789 -0.00420927251254207 0.00184723469974865 0.00437077937153647
Stock impact report

What Margin Debt Tells Us About Market Euphoria [Forbes]

Templeton Dragon Fund, Inc. (TDF) 
Company Research Source: Forbes
That market euphoria comes with higher risk than many realize.gettyEuphoria /yo?o'fôre?/NounIn 1954, John Templeton entered the mutual fund market with the creation of the Templeton Growth Fund. He averaged 15% per year for 38 years. His secret (shared in 1985 with me and millions more): he buys when everyone else is selling—on pessimism—and sells when everyone else is buying—on euphoria. He added, though, that it is the hardest thing for an investor to do. Why? Because it requires one to constantly go against popular belief.Today, we have all sorts of ways to measure pessimism and euphoria. There are investor sentiment polls that do a good job and are worth our attention; however, what’s most important to keep in mind is that it is leverage that always ruins the party. Margin debt can be both a measure of investor euphoria and high risk. It is screaming that both are extreme today.Individuals use margin debt to buy more stocks. Think of it as rocket fuel to drive stock prices higher. Show less Read more
Impact Snapshot
Event Time:
TDF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TDF alerts
Opt-in for
TDF alerts

from News Quantified
Opt-in for
TDF alerts

from News Quantified