FYI: With the recent move higher in equities, individual investors jumped on the bullish bandwagon in a big way last week. According to the weekly sentiment survey from the American Association of Individual Investors (AAII), bullish sentiment increased from 25.41% up to 35.6%. This was the biggest weekly increase in bullish sentiment since the end of March. Even after this week’s surge, bullish sentiment remains below its bull market average of 38.36% for the 13th straight week which is the longest streak of below average bullish sentiment readings since 2012.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/getting-back-on-the-bandwagon/AAII Website:
http://www.aaii.com/sentimentsurvey