# investor sentiment (read)

The reach a market's members report as their own, asked of them or read from prices, a report that moves the prices it is read from.

- Computed level: L18 (depth in the emergence graph, not abstraction)
- Status: published  ·  Domain: agency

## Emergence
**Emerges from:** [morale](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-morale.collective), [reach](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-reach.action), [self-model](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-self-model.reflexive), [market](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-market.economic), [member](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-member.social), [report](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-report.information), [asks](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-asks.social), [read](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-read.information), [price](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-price.economic), [motion](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-motion.movement)

**Through:** The self-read of investors is taken both by asking them and from what they pay; because paying is itself acting on the read, the prices are the report and its effect at once.

**Novel properties:**
- a self-read measured from its own consequences
- a reading often used against itself as a contrary signal

## Examples
- The American Association of Individual Investors runs a weekly Sentiment Survey asking members whether they expect stocks to rise, fall or stay flat over the next six months. *(finance)*

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*Canonical: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-investor-sentiment.read*  
*Structured data: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-investor-sentiment.read.json*  
*Every definition provably resolves to space, time, energy and pattern.*