Sentiment Takes a Huge Swing
Bespoke Investment Group featured the latest AAII investor sentiment reading recently.
According to the survey, bullish sentiment increased to 50.89% which is the second highest reading in two years. Three weeks ago, investors hated equities and bullish sentiment hit it second lowest reading in the last two years. Today, they can’t get enough of them. It’s amazing what a few up days can do for market sentiment.
The graph posted at the source below shows the huge turnabout in sentiment. Traders should probably think about lightening up on equities at least a little given this contrary indicator.
Source: Bespoke Investment Group
***
Related Posts
-
Resource Equities Allocations Increased in the SMA PortfolioThe broad sell-off today in worldwide equity markets due...
- February 25, 2020
-
Vanguard Energy ETF Added to the SMA PortfolioFear and volatility were high today with renewed Coronavirus...
- February 24, 2020
-
Costamare Added to the SMA PortfolioFears of a worldwide economic slowdown due to the...
- February 21, 2020
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Gary Shilling’s Favorite Investment: 30 Year Treasuries
Larry Kudlow interviewed Gary Shilling last week. Shilling continues...
- June 23, 2011
