FYI: After a pretty large uptick in positive sentiment last week, individual investors reined in their horns this week, even as the S&P 500 hit new all-time highs. According to AAII’s weekly survey, bullish sentiment dropped from 38.07% down to 32.73% for the largest weekly decline since March 9th. This week’s reading also extends the streak of sub-50% readings to a record 123 straight weeks.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bulls-retreat-again/