We discuss the trends of the so-called ‘smart’ and ‘dumb’ money quite often. For those unfamiliar with the terms, “dumb money” is considered to be the more reactive traders/investors who trade based on the headlines right at the open. Conversely, the more thoughtful “smart money” waits for things to shake out before acting. To track the sentiment of each group, we consider the dumb money to be the market’s action during the first half hour of the trading day, while the last hour of the trading day is representative of the smart money. The action of the smart and dumb money over the last 12 months has definitely been intriguing, and we analyze these trends in a report that was just published for Premium members. Find out what the “smart money” has been doing recently as the market has stalled out a bit.