FYI: Investor sentiment from the American Association of Individual Investors (AAII) was released earlier today and showed that bullish sentiment increased for the second straight week to 31.1%, That’s the highest reading since late April. What’s noteworthy about this increase is that ever since Brexit, bullish sentiment has increased. True, there is still a way to go before this measure even gets back to average levels, as bullish sentiment has been below 40% for 36 straight weeks. Unlike many in the investment community, the ‘little guy’ definitely doesn’t appear to be freaking out about Brexit.
Regatrds,
Ted
https://www.bespokepremium.com/think-big-blog/individual-investors-look-beyond-brexit/AAII Investor Sentiment Survey:
http://www.aaii.com/sentimentsurvey