FYI: Last week, we noted the sharp rebound in sentiment over the past few weeks. In the wake of those large moves, the AAII survey of investor sentiment took a breather this week despite the market's successful efforts to reach new highs. The S&P 500's new all-time highs have done little to garner optimism, though, as bullish sentiment declined 1.6 percentage points to just a hair under 34%. While lower than last week, it is still at the higher end of where sentiment has been over the past few months and in the middle of the past couple of years' range.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/sentiment-little-changed-2
