FYI: With 100 point moves in the DJIA just about every day this year and weak price action to boot, you wouldn't fault individual investors if they were growing increasingly cautious. After a decline of 2.5% in the last five trading days, though, individual investors have actually turned more bullish over the last week. According to the weekly survey from the American Association of Individual Investors (AAII), bullish sentiment rose from 41.01% up to 46.11%. This is still down from the 50%+ reading we saw to start the year, but we would have expected a little bit more nervousness on the part of individuals given the market environment.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2015/1/15/volatility-schmolatility.html?printerFriendly=trueAAII Website:
http://www.aaii.com/sentimentsurvey?a=subnavHome
