FYI: This week’s sentiment survey from the American Association of Individual Investors (AAII) showed that bullish sentiment increased from 24.32% up to 30.45%. So even as volatility increased, bullish sentiment saw its largest weekly increase since late June. At current levels, however, bullish sentiment has now been below its bull market average of 38.1% for 20 straight weeks, which is the longest streak of below average readings in the current bull market. On top of that, bullish sentiment has also been below 40% for 24 straight weeks. The last time that happened was all the way back in 1994.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bullish-and-bearish-sentiment-jumps/AAII Website:
http://www.aaii.com/sentimentsurvey
