FYI: After a really depressed level of bullish sentiment last week, bullish sentiment rebounded in the last week but is still at levels that are way below average. According to the weekly survey from AAII, individual investor bullish sentiment rebounded from 20.0% up to 25.4%. In spite of the rebound, bullish sentiment has now been below 40% for 17 consecutive weeks. The last time we saw bullish sentiment below 40% for this long was back in the summer of 2012. Needless to say, individual investors aren’t feeling especially confident at the current.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bulls-and-bears-increase/AAII Website:
http://www.aaii.com/sentimentsurvey
