While the majority believe the market will end
higher in Q2’16, most do not agree that additional rate hikes
should occur this quarter
E*TRADE Financial Corporation (NASDAQ: ETFC) today announced
results from the most recent wave of StreetWise, E*TRADE’s
quarterly tracking study of experienced investors. Results indicate
investors feel more positive about the market:
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- More than three out of five investors
are bullish, up significantly from last quarter.
- “Easy Rider” and “Singin’ in the Rain”
have increased significantly as movie titles that best describe
investor views toward the market.
- Nearly three out of five believe the
market will end the second quarter up five percent or more.
While market views are more positive than last quarter, at the
same time only a little more than two out of five investors agree
that the U.S. economy is healthy enough for the Fed to enact
additional rate hikes this quarter.
“Recent strong market performance at home has boosted investor
optimism, but global instability — and its effects on our domestic
economy — continues to weigh on investors’ minds,” commented Mike
Loewengart, VP of Investment Strategy at E*TRADE Financial. “With
many factors at play, including global central bank policies,
volatile energy prices, and corporate earnings season, investors
are wise to remain focused on long-term goals, even while
considering potential opportunities.”
Mr. Loewengart offered insight into the following opportunities
that investors identified in the survey this quarter:
- Domestic equities. Investors
continue to favor equities this quarter, punctuated by the rebound
in performance during Q1. Retail investor interest in U.S. large-,
mid-, and small-cap companies rose across the board.
- Bonds. Recent dovishness from
the Federal Reserve had a positive impact on bond performance, and
the data suggest retail investors are paying attention. Though
individual stocks remain an overwhelming favorite, investor
interest in bonds ticked up significantly from the prior
quarter.
- The energy sector. After a
positive run in Q1, retail investor interest in energy is up 10
percentage points from Q1, now ranking third behind health care and
information technology.
Visit E*TRADE’s Newsroom for the full Q2’16 StreetWise study
results.
E*TRADE helps investors balance today’s needs with tomorrow’s
goals, through pioneering digital tools coupled with guidance
online and from financial consultants. To learn more about
E*TRADE’s trading and investing platforms and tools, visit
etrade.com.
For useful insight from E*TRADE and third-party investment
professionals, follow the Company on Twitter, @ETRADE.
About the Survey
This wave of the survey was conducted from April 1 to April 8 of
2016 among an online U.S. sample of 907 self-directed active
investors who manage at least $10,000 in an online brokerage
account. The survey has a margin of error of ±3.25 percent at the
95 percent confidence level. It was fielded and administered by
ResearchNow. The panel is broken into thirds of active (trade more
than once a week), swing (trade less than once a week but more than
once a month) and passive (trade less than once a month). The panel
is 65 percent male and 35 percent female with an even distribution
across online brokerages, geographic regions, and age bands.
Referenced Data
When it comes to the current market are you?
Q2'16 Q1'16
Q4'15 Q3'15 Q2'15
Bullish 61% 45% 50% 56% 59% Bearish 39%
55% 50% 44% 41%
If you had to pick a movie title that
best describes how you personally feel about the market right now,
which would it be?
Q2'16 Q1'16 Q4'15 Q3'15 Q2'15
Dazed and Confused 31% 33% 38% 29% 25% Easy Rider 20% 14% 18% 20%
26% Singin' in the Rain 13% 7% 9% 13% 14% Pulp Fiction 12% 13% 12%
14% 14% Raging Bull 6% 4% 5% 6% 8% Fear and Loathing in Las Vegas
8% 11% 7% 8% 6% Jackass 6% 7% 6% 6% 5% Apocalypse Now
4% 9% 4% 5%
3%
How do you predict the market will end
this quarter? (Question asked beginning in Q1’16)
Q2’16 Q1’16 Rise 59% 34% Rise
20% 1% 0% Rise 15% 2% 3% Rise 10% 9% 10% Rise 5% 47% 21%
Stay
basically where it is 21% 20% Drop 5% 16% 23%
Drop 10% 4% 16% Drop 15% 0% 5% Drop 20% 0% 2%
Drop
20% 46%
Is the U.S. economy healthy enough for
the Fed to enact additional ratehikes this quarter?
(Question asked beginning in Q1 ’16)
Q2’16 Q1’16 Agree (Top 2 Box) 41%
47% Strongly agree 9% 7% Somewhat agree 32% 40%
Neither
agree nor disagree 29% 28% Somewhat disagree 21%
19% Strongly disagree 10% 7%
Disagree (Bottom 2 Box)
31% 26%
How interested
are you in each of the following sectors, without taking into
account the investment products which you can invest through?
(% extremely or very interested)
Q2'16 Q1'16
Q4'15 Q3'15 Q2'15 Large U.S. companies
(large-cap) 46% 42% 45% 56% 72% Mid-sized U.S. companies (mid-cap)
43% 35% 36% 47% 61% Small U.S. companies (small-cap) 34% 28% 32%
44% 49% International companies in developed markets (e.g. UK,
Germany, Spain, Italy, Greece, France, Japan) 20% 19% 22% 27% 35%
International companies in emerging markets (e.g. Brazil, Russia,
India, China, Korea, Malaysia, Mexico) 15% 14% 15% 23% 19% Domestic
bonds/debt 14% 17% 18% 21% 34% International bonds/debt issued in
developed markets 13% 10% 11% 14% 20% International bonds/debt
issued in emerging markets 9% 10%
11% 15% 17%
What industries do you think offer the most potential this
quarter? (Top three)
Q2'16 Q1'16 Q4'15
Q3'15 Q2'15 Health care 56% 60% 57% 68% 64%
Information technology 51% 53% 45% 46% 50% Energy 48% 38% 41% 48%
46% Financials 29% 32% 31% 34% 32% Consumer staples 27% 30% 35% 23%
27% Telecommunication services 24% 26% 22% 23% 19% Utilities 17%
18% 20% 16% 15% Consumer discretionary 17% 15% 20% 15% 19%
Industrials 19% 16% 14% 14% 16% Materials 14%
13% 14% 13% 13%
If you could give one piece of advice to a friend or
family member who is thinking of investing right now, would it be
to get into... (Top four)
Q2'16 Q1'16
Q4'15 Q3'15 Q2'15 Individual stocks 65% 63%
65% 67% 65% Equity mutual funds 55% 52% 55% 57% 57% ETFs 42% 40%
40% 45% 46% Money market funds or other cash-like instruments 41%
42% 44% 45% 41% Fixed Income mutual funds 38% 38% 35% 36% 36%
Investable properties 36% 35% 36% 36% 32% Bonds 37% 31% 29% 28% 33%
CDs 26% 27% 25% 21% 22% Commodities 15% 17% 19% 15% 16% Treasury
bills 15% 14% 14% 14% 14% Foreign Exchange (Forex or FX) 8% 12% 12%
11% 11% Hedge funds 9% 11% 11% 10% 10% Futures 8% 12% 9% 9% 11%
Other (Specify) 7% 7% 6%
7% 6%
About E*TRADE Financial and Important Notices
E*TRADE Financial and its subsidiaries provide financial
services, including online brokerage and banking products and
services to retail customers. Specific business segments include
Trading and Investing and Balance Sheet Management. Securities
products and services, including stocks, bonds, mutual funds,
options, and ETFs are offered by E*TRADE Securities LLC (Member
FINRA/SIPC). Managed Account Solutions are offered through E*TRADE
Capital Management, LLC, an investment adviser registered with the
Securities and Exchange Commission. Bank products and services are
offered by E*TRADE Bank, a Federal savings bank, Member FDIC, or
its subsidiaries and affiliates. More information is available at
www.etrade.com.
The information provided herein is for general informational
purposes only and should not be considered investment advice. Past
performance does not guarantee future results. ETFC-G
E*TRADE Financial, E*TRADE, and the E*TRADE logo are trademarks
or registered trademarks of E*TRADE Financial Corporation.
© 2016 E*TRADE Financial Corporation. All rights reserved.
E*TRADE Financial Corporation and ResearchNow are separate
companies that are not affiliated. E*TRADE Financial Corporation
engages ResearchNow to program, field, and tabulate the study.
About ResearchNow
ResearchNow, a leading digital data collection provider, powers
market research insights. They enable companies to listen to and
interact with the world’s consumers and business professionals
through online panels, as well as mobile, digital, and social media
technologies. Their team operates in over 20 offices globally and
is recognized as the market research industry’s leader in client
satisfaction. They foster a socially-responsible culture by
empowering their employees to give back. To find out more or begin
a conversation, visit www.researchnow.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160422005108/en/
E*TRADE Media
RelationsThayer Fox,
646-521-4418thayer.fox@etrade.comorE*TRADE
Investor RelationsBrett Goodman,
646-521-4406brett.goodman@etrade.com
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