Bullish sentiment among individual investors is down to 22.2%, which could mean a stock rally is...

|By:, SA News Editor
Bullish sentiment among individual investors is down to 22.2%, which could mean a stock rally is around the corner. Bespoke points to six other instances since Nov. 2009 when the sentiment indicator fell below 25%; each time, the S&P 500 rose in the ensuing month, averaging 5% gains. It's noteworthy that "the big drop in bullish sentiment came in a week where the S&P 500 was up more than 2%."