FYI: With bulls failing to reach a majority in the weekly AAII sentiment poll for a record 116 straight weeks, one would think that the sell-off earlier this week would have sent bullish investors scrambling like a bunch of cockroaches. The reality was somewhat different, though. In this week’s survey, bullish sentiment actually ticked higher, rising from 31.17% up to 35.28%. True, that’s barely even a third of the total, but given the fragile state of investor sentiment, it is not what we would have expected.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/individual-investors-buying-on-weakness/AAII Website: Investor Sentiment Survey:
http://www.aaii.com/sentimentsurvey
