2020 Trader Poll Results: You LOVE Amazon

Yesterday, we held an informal, unscientific poll to measure traders' expectations for 2020.

This is what we found:

52.8% of survey respondents believe the SPX will rise more than 10% in 2020.

17.6% said it would fall more than 10%, with 29.6% saying it would finish somewhere in the middle.

Then, we measured expectations for a crash.

31.7% of respondents said the SPX will fall more than 10% in a singly day. This seems awfully high, considering that this has only happened three times going back to 1929.

In terms of asset classes, traders are most bullish on stocks. 55.1% said stocks would perform best in 2020.

We next took a lot at sectors to see which sectors traders are most bullish and bearish on.

Survey respondents were most positive on tech, with 71.1% said they were bullish on technology. Real Estate was down at the bottom, with just 15% bullishness reported.

Traders' positive view on tech is no surprise given that QQQ is up almost 40% in 2019, with the Semiconductors ETF (SMH) up 63%.

And finally, we asked traders what their #1 stock of 2020 was. And the positivity towards tech continued there.

AMZN was the #1 choice by a country mile, with more than double the number of votes of the second place pick, AAPL.

MSFT and TSLA were in the 3rd and 4th positions, respectively.

Want to participate in our next Trader Survey in January?

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