FYI: After trading sideways for the last two weeks now, bullish sentiment dropped back down below 30%, as these days it doesn’t even take a market decline to make individual investors a little more nervous. According to the weekly survey from the American Association of Individual Investors (AAII), bullish sentiment dropped from 31.25% down to 29.79%, for the third straight weekly decline and the 40th straight week where bullish sentiment has been below 40. The last time we saw bullish sentiment above 50% was during the first week of 2015!
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/40-sub-40/AAII Website:
http://www.aaii.com/sentimentsurvey