While active traders are feeling more optimistic about market conditions than they did six months ago, few are confident that their portfolios are properly hedged against risk

According to a Charles Schwab survey of 524 individuals that make at least 36 trades annually, 38% had a bullish outlook for for the market in the next six months; up from 28% when the survey was published in April. Only 16% are bearish compared to 21% in April.

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