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[Chart] Speculative Trading on U.S. Markets Is at a Dangerous High

wallstreetexaminer.com / by  • 

This is a syndicated repost courtesy of Money Morning – We Make Investing Profitable. To view original, click here. Reposted with permission.

Speculative trading on so-called long contracts, or long-term bets that the markets will rise, has reached a startling high this year.

On Wednesday, analyst David Rosenberg at Gluskin Sheff found that speculative long contracts on the Dow reached a record high of 38,382. Long contracts for the S&P 500 also hit their highest level since June 2013 at 38,083, according toYahoo Finance.

Speculative trading

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