FYI: Although equities are back to their losing ways again this week, individual investors seem to be getting a little more bullish. According to this week’s sentiment survey from AAII, bullish sentiment increased from 21.52% up to 29.75%. Believe it or not, that’s the highest weekly reading since late November and the largest weekly increase in sentiment since early October. Make no mistake, though, sentiment is still weak. It has now been 13 weeks since bullish sentiment last moved above 40%, and before that one week of 40% bullish sentiment, we saw 34 straight weeks of sub 40% bullish sentiment.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bulls-and-bears-trading-places/AAII Website:
http://www.aaii.com/sentimentsurvey
