FYI: Just as the S&P 500 is on pace for its fourth straight day of losses, wouldn’t you know it that bullish sentiment on the part of individual investors saw its biggest weekly increase of the year! According to the American Association of Individual Investors (AAII), bullish sentiment increased by 11.27 percentage points, rebounding from 27.16% up to 38.43%. What’s notable about this week’s level of bullish sentiment, though, is that even after the big increase, it remains below the bull market average of 38.8%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bullish-sentiment-increases/AAII Website;
http://www.aaii.com/sentimentsurvey
