FYI: In spite of a nice rally for equities over the last week, individual investor sentiment barely budged higher. In the latest poll of investor sentiment from AAII, bullish sentiment rose from 31.2% up to 32.0%. That’s the 18th straight week where bullish sentiment has been below 40%, and even more amazingly, it is the 52nd week in the last 53 where bullish sentiment has been below 40%. In the history of the AAII survey, there has never been a stretch where we saw more sub-40% readings over a 53-week period.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bullish-sentiment-barely-budges/