Bulls Retreat

With continued volatility in the market, individual investors are increasingly becoming leery of equities without turning outright bearish. In the latest weekly survey of investor sentiment from AAII, bullish sentiment dropped from 44.65% down to 37.28%. That's the second lowest weekly reading of the year behind only the 37.03% level we saw right at the lows in early February.

While bullish sentiment saw a pretty sizable decline in just the last week and is off its highs in early January, bearish sentiment hasn't seen much of an uptick. In this week's survey, bearish sentiment came in at just 23.41%.

Neutral sentiment, on the other hand, has surged in recent weeks. This week's level of 39.3% is the highest since last July, indicating that while investors have become more skittish of the market, they haven't been completely shaken out.

Comments

[shaw7290]

Sentiment analysis is an interesting meter. What range does bear sentiment become a contraindication of actual bearishness?

[User 16882442]

when the bears think the thought you just raised, we're not there anytime soon, jmo

[Calculus]

markets are spiking higher. CRM clearly has a cult following.

still don't see the argument from the end of the World is Now theologians as anything but that.
problems getting solved. economy moving forward.

can't do anything about the Government of course.

not News there either.

lots in the sale rack.

XOM sure looks better than GE at every level of course as oil prices continue to get annihilated.

[katmandu100]

Excellent data thanks.

[Chicken of the Cave]

It looks like we just took the froth off the latte. The latte is still hot, tasty, and makes me happy.