FYI: After a spike in positive sentiment among individual investors around the New Year, enthusiasm has been a bit more tempered in the last three weeks, falling by over 14 percentage points from its recent high on 1/4. According to the weekly sentiment survey from AAII, bullish sentiment dropped from 54.1% last week to 45.45% this week. That’s the lowest level of bullish sentiment since mid-December but is still well above the bull market average of just under 37%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bullish-sentiment-drops-to-a-six-week-low/