FYI: Since the Q4 2018 sell-off, bullish sentiment as seen through AAII's weekly survey has remained relatively stable off of its lows established in December. For most of the year, it has remained in the 30's briefly pushing above 40% a couple of times. This week it came in on the lower end of this range with 33.52% of investors reporting bullish sentiment, down from 37.56% last week. While this is at the lower end of the recent range, it by no means at any sort of extreme on a longer-term perspective. This is a bit of a divergence from sentiment seen through the Investor Intelligence survey, which recently saw bullish sentiment reach its highest levels since mid-October. Bearish sentiment readings in the same survey are at their lowest since the same time last year and more closely resembling the AAII survey
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/neutral-sentiment-hits-multi-year-high
