Want to know what real investors think about the markets and individual stocks?
Well, Tradebird, a social application for investors and traders, keeps tabs on whether its users are bearish or bullish on a wide range of financial assets and indices.
Following is a list of closely watched stocks and other assets, along with sentiment readings among Tradebird users.
1. S&P 500
The S&P 500 index
Investors on Tradebird have a mixed outlook toward gold right now. The sentiment is 51% bullish, as some traders are trying to catch a bottom with the current low prices, but this is a risky strategy, as the dollar isn't providing any signs of weakening.
3. Tesla Motors (TSLA)
There's been a lot of activity around Tesla in the past week. Elon Musk announced that he plan to build a second Gigafactory in Europe and the company shareholders approved the merger with SolarCity. The markets took this as good news, at least initially. Right now the stock is around $185, and the price outlook isn't looking great. However, most of the investors on Tradebird agree that the recent news is going to provide some excellent opportunities for the stock in long term, and the sentiment right now is 86% bullish.
4. Amazon (AMZN)
Amazon shares have undergone serious selling recently, but it looks like the stock found a bottom last week. The stock hit lows around $715 last Monday, but Monday around noon EST, shares were changing hands at $774.63. No surprise that the sentiment on Tradebird is 78% bullish and that a lot of traders managed to catch that bounce. The question now is how high it can go, as the holiday season is upon us.
5. Facebook (FB)
Facebook was trading in the $114-$119 range last week. The biggest news, related to the company is the buyback that the company is preparing. This Monday, the stock is trading at more than $120. The sentiment on Tradebird is 77% bullish.
6. Cisco Systems (CSCO)
Cisco reported quarterly earnings last week. And as the revenue was disappointing, shares fell to less than $30 from $31.57. Our community is 62% bearish on this stock.
Facebook and Cisco Systems are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. See how Cramer rates the stocks here. Want to be alerted before Cramer buys or sells FB or CSCO? Learn more now.
7. Wal-Mart Stores (WMT)
Walmart also announced earnings last week. The company missed on EPS, and on Thursday the stock fell to $68.33. Despite the coming holidays season, the outlook among Tradebird users isn't optimistic. It's 56% bearish.