FYI: Individual investors hopped off the Trump rally train a little bit this week, as the AAII bullish reading dropped 6.1 percentage points from 49.89% down to 43.78%. So, after nearly finally eclipsing 50% for the first time since January 2015, it looks like we are going to have to wait at least another week before half of individual investors are on the bullish bandwagon. It’s really pretty remarkable when you think about it, that despite all the big gains we have seen in stocks, that bullish sentiment has never eclipsed 50%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/surge-in-bullish-sentiment-takes-a-breather/AAII Website:
http://www.aaii.com/sentimentsurvey