This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Traders Remain Optimistic About Equities Through Q1 2014

Stocks in this article: SCHW

Nearly 85 percent of traders say they are confident that stock prices will either remain at or near their current levels or continue to rise over the next three to six months, according to new data captured in Charles Schwab’s most recent Trading Services Sentiment Survey from September 2013 .

Despite geopolitical uncertainty and near-term risks – including gridlock in Washington, D.C. over government funding, the debt ceiling and the specter of tapering looming from the Federal Reserve – bullish sentiment increased to 44 percent, compared to June 2013 when some 38 percent of those surveyed identified themselves as bullish.

In addition to reporting a positive outlook on the market, nearly all respondents (99 percent) describe themselves as having a moderate to high tolerance for risk when trading. In fact, more than 21 percent of those surveyed report a higher risk tolerance today than just one year ago. Moreover, with September having marked the five year anniversary of the financial crisis, nearly half (48 percent) of respondents report that they are more confident in the markets today than they were in September 2008.

“Against the backdrop of economic and geopolitical uncertainty, 55 percent of respondents say that the primary reason they trade is to take control of their finances,” said Kelli Keough, Senior Vice President of Trading Services at Charles Schwab. “With another 41 percent saying they trade primarily to generate income, we continue to see today’s trader taking a hands-on approach to engaging with the markets. Contrary to what might be general perception, less than two percent of traders say they trade because they enjoy the thrill.”

The latest Trading Services Sentiment Survey also revealed that traders continue to evaluate trading opportunities while on-the-go. Just over 30 percent report conducting stock research from a mobile device or tablet.

Data from the Charles Schwab Trading Services Sentiment Survey were derived from responses of participants in Charles Schwab’s virtual education event on September 19, 2013.

Schwab provides traders with superior trading platforms, free seminars and workshops, online education resources and 24-hour access to experienced trading specialists, with no minimum trade requirements. For more information, please visit www.schwab.com/trader or call 888-245-6864.

Follow us on Twitter: @Schwab4Traders.

About Charles Schwab

At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,387.21 -291.49 -1.65%
S&P 500 2,029.55 -27.54 -1.34%
NASDAQ 4,681.4970 -90.2660 -1.89%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs