FYI: With continued volatility in the market, individual investors are increasingly becoming leery of equities without turning outright bearish. In the latest weekly survey of investor sentiment from AAII, bullish sentiment dropped from 44.65% down to 37.28%. That’s the second lowest weekly reading of the year behind only the 37.03% level we saw right at the lows in early February.
Neutral sentiment, on the other hand, has surged in recent weeks. This week’s level of 39.3% is the highest since last July, indicating that while investors have become more skittish of the market, they haven’t been completely shaken out.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bulls-retreat-3/AAII Website:
http://www.aaii.com/sentimentsurvey
