Jul 12, 2012
FORT LAUDERDALE, FL -- July 12, 2012 -- Consistent with results from January, most independent online investors believe President Obama will retain the White House in November while bearish sentiment continues to rise, according to a recent online survey conducted by online broker TradeKing.
Among 170 investors surveyed, 49 percent said they expect President Obama to be re-elected in November 2012, up two points since January. But the majority (43 percent) also said his re-election would make them more bearish on the market, compared with only 17 percent who said it would make them more bullish.
The survey also highlighted that overall bullishness continues to dip while bearishness has increased. While a strong 60 percent showing of investors in April predicted the S&P to be trading up by year’s end, only 46 percent of investors surveyed in July expect positive year over year market growth.
The in-house survey was conducted July 2-9, 2012 by online broker TradeKing (www.tradeking.com) via email to 4,000+ TradeKing clients, with an estimated 95 percent confidence level.
Key Highlights from the Survey
Eyes on the November Election
Overall Market Sentiment
International Economic Markets Return to Top of Investors’ Trading Trigger List Followed by Unemployment and Consumer Spending Concerns
TradeKing (www.tradeking.com) is a nationally licensed online stock and options broker offering simple, low cost online trading fees.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple discount broker awards from top industry sources and was rated best in customer service by SmartMoney2 Magazine for the third consecutive year. (June 2012 SmartMoney Broker Survey).
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(1) TradeKing was ranked #1 in Customer Service in the SmartMoney June 2012 Broker Survey based on the following categories: Commissions and Fees, Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst Partnership. Supporting documentation for any claims, comparison, statistics, or other technical data, will be supplied upon request by calling 877-495-5464 or via email at email@example.com.
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