AAII Sentiment Survey: Highest Level Of Pessimism Since March 2009

Apr. 28, 2022 3:44 PM ETSPY, IVV, VOO, VTI, DIA6 Comments
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  • Bullish sentiment, expectations that stock prices will rise over the next six months, decreased by 2.4 percentage points to 16.4%.
  • Neutral sentiment, expectations that stock prices will stay essentially unchanged over the next six months, fell by 13.1 percentage points to 24.2%.
  • Bearish sentiment, expectations that stock prices will fall over the next six months, rose sharply by 15.5 percentage points to 59.4%.

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The percentage of individual investors describing their six-month outlook for stocks as “bearish” surged to its highest level since 2009 in the latest AAII Sentiment Survey. At the same time, optimism remains at an unusually low level.

This article was written by

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Charles Rotblut, CFA is the editor of the AAII Journal, the flagship publication of The American Association of Individual Investors (AAII). Charles provides both insight about individual investor sentiment and market analysis. He is also the author of "Better Good than Lucky: How Savvy Investors Create Fortune with the Risk-Reward Ratio" (W&A Publishing/Trader's Press).

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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