FYI: For several months now, we have been highlighting the fragile state of sentiment on the part of individual investors. Therefore, given the huge negative reversals in the market last Friday and Monday in the wake of the Brexit referendum, one would have thought that sentiment would take a hit. Not so. In the latest sentiment survey from the American Association of Individual Investors (AAII), bullish sentiment actually increased from 21.97% up to 28.91%. While that is the biggest weekly increase in a month, it is also the 35th straight week that bullish sentiment was below 40%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/AAII Website:
http://www.aaii.com/sentimentsurvey
