Mar 22, 01:59 PM

S&P 500 Index Surges 28% in 21 Weeks, 32% Since October 2023 Despite Rising Bullish Sentiment and Survey Data

The S&P 500 index, represented by $SPX, has shown remarkable strength with a significant increase of around 28% over 21 weeks. Since October 2023, it has seen a 32% rise, with bullish sentiment prevailing despite concerns of a potential correction. Various surveys indicate a high percentage of bullish sentiment among investors and newsletter writers, with extreme optimism prevailing in the stock market.

Written with ChatGPT (GPT-3).

Sources

SentimenTrader@sentimentrader
2 years ago
Small speculators in stock indexes have reached their most bullish net position ever. @jaykaeppel's analysis explores what this sentiment shift could potentially mean for stocks. https://t.co/qzmJeQXO1P
Charlie Bilello@charliebilello
2 years ago
Investors Intelligence survey: 25% Bulls in October 2022 when the S&P 500 was under 3,600. Today: over 60% Bulls with the S&P above 5,200. What does extreme bullish sentiment mean for stocks going forward? Video discussion: https://t.co/QlcIq6IHY6 https://t.co/7cbhSLErAy
Charlie Bilello@charliebilello
2 years ago
Investors Intelligence survey had 25% Bulls in October 2022 when the S&P 500 was under 3,600. Today there are over 60% Bulls with the S&P 500 above 5,200. What does extreme bullish sentiment mean for stocks going forward? Video discussion: https://t.co/QlcIq6IHY6 https://t.co/gNfDwMIIPM

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S&P 500 Index Surges 28% in 21 Weeks, 32% Since October 2023 Despite Rising Bullish Sentiment and Survey Data

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