Bears on the Decline

Includes: DIA, QQQ, SPY
by: David I. Templeton, CFA

In this week's individual investor sentiment survey, bearish sentiment declined 2% points to 33% versus 35% last week. At the same time, bullish sentiment increased 1% to 51%.
The bull/bear spread widened to 18% from 15% last week. At prior market highs, the spread has generally been over 30%. ()