
Investor sentiment towards the S&P 500 remains positive, with a recent survey indicating a shift in market outlook. According to Investor Intelligence data, 50% of investors identify as bulls while 22% consider themselves bears, marking an increase in the bull-bear spread for the first time in four weeks. This sentiment shift reflects a reset in investor attitudes, yet optimism persists, suggesting continued bullish behavior in the market. Additionally, the American Association of Individual Investors (AAII) reported a rise in bullish sentiment, with bulls increasing by 9 percentage points to 51.6%, while bears decreased by 5 percentage points to 23.7%. This data highlights a trend of increasing confidence among investors as they navigate the current market landscape.
AAII Bulls got frisky last week, jumping up by 9 to 51.6%. Bears fell by 5 to 23.7% Prior over 50% readings over the last year-ish: 7/19/23 12/20/23 3/6/24 7/17/24 https://t.co/UvJAWoP1bH
#sentiment - Week ending 8/23/2024 bull/bear poll. Are you?
Investor Intelligence: "50% bulls, 22% bears. Bull-bear spread rose for the first time in 4 weeks. Sentiment has been re-set but optimism remains intact. That's bull market behavior." @WillieDelwiche @HiMountResearch https://t.co/Y6WmTlwcT3



