FYI: After an extremely weak sentiment survey from the American Association of Individual Investors last week, bulls saw a sharp bounce this week, rising to 30.17% from 17.75%. That increase was the largest one-week surge in bullish sentiment since November 2013. To illustrate just how depressed sentiment was, though, even after this week’s increase, bullish sentiment still remains well below average and has now been under 40% for 65 out of the last 66 weeks (and 31 straight).
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/huge-shift-in-sentiment/AAII Website: Investor Sentiment Survey:
http://www.aaii.com/sentimentsurvey
