Investor sentiment has shown a rebound in recent weeks according to the American Association of Individual Investors (AAII) Sentiment survey. The latest data indicates that bullish sentiment has risen to 42.3%, while bearish sentiment has declined to 26.9%, marking a shift from previous weeks when bearish sentiment dominated. This change follows a record streak of over 50% bearish readings lasting 11 weeks. April margin data also reveals a continued decline from recent peaks but does not suggest that a major bear market is currently underway. Analysts note that the market is likely to experience short and regular corrections until sentiment reaches a 'greed zone,' after which a more pronounced bear market could occur. The recent shift to more bulls than bears is notable, with some observers highlighting that such a sentiment balance has not been seen in 84 years.
More bulls than bears this past week. 'It's been 84 years..." https://t.co/mBvnOYwiQh
After a record streak of 50%+ bearish sentiment readings, the @AAIISentiment survey now has more bulls than bears. https://t.co/Q3EUNVdscr
April margin data continues decline from recent peak. Nothing here indicating a major bear market is presently underway. Data suggest we see short and regular corrections until we reach the greed zone -- then its real bear market time. https://t.co/bgxbZnPrlQ https://t.co/ERftMjlqHq