AAII Sentiment Survey, 5/8/24
BULLISH remained the top sentiment (40.8%, above average) & bearish became the bottom sentiment (23.8%, below average); neutral became the middle sentiment (35.4%, above average); Bull-Bear Spread was +17.0% (above average). Investor concerns: Elections, budget, inflation, economy, the Fed, dollar, Russia-Ukraine (115+ weeks), Israel-Hamas (30+ weeks), geopolitical. For the Survey week (Th-Wed), stocks up, bonds up, oil up, gold flat, dollar down. Major indexes rose above 50-dMA. Poor seasonality May 1 - Oct 30. #AAII #Sentiment #Markets
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