Investors Feeling More ‘Easy Rider’ Than ‘Apocalypse Now’ Says E*Trade

Investors are increasingly feeling more 'Easy Rider' about the stock market than 'Apocalypse Now', said Mike Loewengart, vice president of investment strategy at E*Trade (ETFC) - Get Report . 'There has been a strong run in the equity market and also we have seen encouraging economic metrics and dovish language from the Fed are all contributing to a much more optimistic view from investors,' said Loewengart. According to E*Trade's second quarter sentiment survey, 20 percent of investors said the movie title that best describes their feeling about the market is 'Easy Rider', up from 14 percent in the first quarter.