FYI: As the S&P 500 has been making all-time highs in the past week, bullish sentiment as reported by the AAII Investor Sentiment Survey has risen back up to its highest levels since the start of April. The percentage of investors reporting an optimistic outlook rose to 39.02% from 33.52% last week. This is still only slightly above the historical average; so it is not at an alarming level. Alongside the solid increase in AAII's reading, Investors Intelligence sentiment readings are echoing the optimistic shift as the percentage reporting as bulls rose to its highest level since early October of last year.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/bullish-sentiment-on-the-rise