51% Of Traders Are Bullish On A.I. Stocks

Sentiment among traders is on the upswing, according to the Charles Schwab Trader Sentiment Report. Joe Mazzola discusses this report as it notes that there is a 12-point increase in bullishness in 3Q. Traders remain confident in their abilities to reach financial goals. 63% are confident in their investment decision-making. 69% of traders see a recession as likely, but most expect it to last less than a year. 80% predict that inflation will rise, remain historically high, or stay at current levels. A.I. is also a significant area of interest with 51% of traders being bullish on A.I. stocks at a category level. Tune in to find out more about the stock market today.