Schwab - Trader Bullishness Ticks Downward as Younger Traders Take a More Cautious Stance

This is interesting... there is definitely a positive and negative way to look at this:

1. the wall of worry has been rebuilt - so, stocks will go up

2. the "canary in the coal mine" cohort of investors is starting to sense danger

https://pressroom.aboutschwab.com/press-releases/press-release/2026/Trader-Bullishness-Ticks-Downward-as-Younger-Traders-Take-a-More-Cautious-Stance/default.aspx