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AAII Investor Senitment Survey: Bullish Sentiment Declines For the Second Straight Week

FYI: In the last two weeks, the S&P 500 has rallied 1.5% and broken out above significant resistance at the 2,800 level. With that kind of move, you would expect to see an uptick in optimism from individual investors. Based on the latest AAII survey data, though, we have seen the opposite. According to this week’s report, bullish sentiment declined for the second week in a row, falling from 34.66% down to 31.52%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bullish-sentiment-declines-for-the-second-straight-week/

AAII Website: Sentiment Survey
http://www.aaii.com/o/sentimentsurvey
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