Consumer Confidence, Investor Psychology, and an Interesting Post: What We Were Reading and Watching This Week

John Stanton |

Enjoy,   look forward to hearing any feedback,  questions,  and comments!



Consumer Confidence was released this morning, highlighting the planned consumer reduction in spending.  

The Consumer Confidence report was weak across the board. Consumer Confidence fell for the third consecutive month to 97.0, the lowest level in nearly two years, from a downwardly revised 103.1 in March.  The Present Situation Index fell from 146.8 to 142.9 but remains relatively elevated.  Most important, the Future Expectations Index fell to 66.4 from 74. 

More than 80% of those surveyed plan to reduce spending to save money with the top three categories being food away from home, clothing and fashion items, and entertainment away from home. 







Stock Market 

The S&P 500 is on track to close slightly higher for the week.   

YTD 6.62%

Bond Market

10 Year Treasury   4.52%

Investor Psychology

A key indicator used by one our research sources, identifies market reversals. 

When investor psychology reaches an extreme, either bullish or bearish, it often marks a key turning point in the stock market.

This indicator was approaching extreme optimism,  bullishness,  January 2 2024,  has since been trending lower. 

Along with our other technical markers,  confirms a neutral stance on the overall market. 

Please schedule a call with any questions regarding our Core & Protect risk management process,  our research,  and our model portfolios.


Health & Wealth

Saw this very interesting post by Dr. Robin Berzin, MD,  about Walmart shutting down their healthcare services division. 

Dr. Berzin is the founder of Parsley Health, a national medical home for women and families, offering proactive, personalized primary care that treats the root cause.



John is the founder of The Stanton Group WP. With more than three decades of experience in the financial services industry, and through SeaCrest Wealth Management,  serves as the Registered Investment Advisor representative for clients, focusing on financial planning and the investment strategies to support their financial plan.

Based in Naperville, Illinois, John serves clients in Naperville, Plainfield, Darien, Aurora, Geneva, St Charles, and throughout the Chicagoland area.

Learn more about John’s services by visiting

John can be reached at l 630-445-2380 or email

The Stanton Group WP provides investment advisory services through SeaCrest Wealth Management LLC, (the “SWM”) a registered investment advisor. SWM is a registered investment advisor (“RIA”), with the U.S. Securities and Exchange Commission located in the State of New York. SeaCrest Wealth Management, LLC can be reached at (914) 502-1900.

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