FYI: When it comes to individual investor sentiment, three weeks ago, we noted the fact that many investors had suddenly become indecisive as both bullish and bearish sentiment declined while neutral sentiment surged. This week, we saw a bit of a reversal in that move as a number of investors hopped off the fence and moved into the bullish camp. According to this week’s survey results from AAII, bullish sentiment increased from 29.1% up to 36.4%. That’s a healthy uptick in sentiment but is still below long-term averages.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/investors-jump-off-the-fence/