FYI: The latest sentiment figures from AAII were released earlier this morning, and as has been the case for years (yes, years!) bulls are still far from a majority. Heck, at current levels they aren’t even at a third of the total! After falling to a post-election low of 30% las week, bullish sentiment increased a measly 1.17 percentage points to 31.17%. This marks a record 115 weeks where bulls have been out of the majority. We’ll be the first to agree that overall market sentiment hasn’t been as positive as it has during prior bull markets, but this continued lack of bullish sentiment in the AAII survey seems like an outlier.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/little-increase-in-the-bullish-camp/
