FYI: Investor sentiment these days is a bit of a puzzle. When the market goes down, bullish sentiment retreats while bearish sentiment spikes. However, when the market rises, bullish sentiment stays flat. This week’s sentiment survey from AAII is a perfect example. In the latest week, which includes the declines that began last Friday, bullish sentiment declined from 29.75% down to 27.94%. This represents the 46th straight week and the 80th time in the last 81 weeks that bullish sentiment has been below 40%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/aaii-sentiment-a-one-way-street/
