AAII Sentiment Survey: Bullish and Bearish Sentiment Gains
Bullish and bearish sentiment rise as neutral sentiment fell in the latest AAII Sentiment Survey.
Bullish sentiment, expectations that stock prices will rise over the next six months, rose by 2.0 percentage points to 35.5%. Even with the rise, optimism is below its historical average of 39.0% for the fifth time in six weeks.
Neutral sentiment, expectations that stock prices will stay essentially unchanged, dropped by about 2.5 percentage points to 33.2%. This is the 20th time in 24 weeks that neutral sentiment is above its historical average of 30.5%.
Bearish sentiment, expectations that stock prices will fall over the next six months, increased by about half a percentage point to 31.3%. This marks three straight weeks of bearish sentiment being above its historical average of 30.5%.
Investors seem to be either increasingly bullish or increasingly bearish and the sentiment survey reflects that…