What a Difference a Week Makes: Investors Turn Bearish

Includes: IVV, SPY
by: Bespoke Investment Group

After a decline in the S&P 500 of less than two percent, bulls took shelter this week, as the AAII poll of individual investor bullish sentiment had its largest one week drop since March. This quick drop in sentiment following only a modest decline indicates that investors are still quick to take profits at any signs of weakness.