Seeking Alpha
What is your profession? ×
Registered investment advisor, macro, ETF investing
Profile| Send Message|
( followers)

We've talked in the past about the lack of conviction in this market, but the results of this week's sentiment survey from the American Association of Individual Investors (AAII) are still surprising. 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 its 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.

click to enlarge