AAII Sentiment data is overwhelmingly bullish again after the rebound this week https://t.co/adxdQFBipa
#sentiment - Week ending 8/16/2024 bull/bear poll. Are you?
The % of Bulls in the Investors Intelligence Sentiment Index has moved down nearly 20% in the past 3 weeks (from 64.2% to 44.6%). That's the biggest 3-week % drop in Bulls since the October 1987 crash. $SPX https://t.co/pwBZNK5GkG
Recent sentiment analysis in the US stock market indicates a significant shift. The percentage of bullish investors in the Investors Intelligence Sentiment Index has decreased by nearly 20% over the past three weeks, dropping from 64.2% to 44.6%. This marks the largest three-week percentage drop in bullish sentiment since the October 1987 market crash. Despite this decline, some analysts note that cyclical optimism remains, with enough bullish sentiment to sustain a bull market. The American Association of Individual Investors (AAII) sentiment data also shows a rebound in bullish sentiment this week. Historically, similar sentiment resets have preceded the greatest 52-week period in US stock market history.
