The dour mood of individual investors continued once again this week as the latest sentiment poll from AAII showed another sizable drop in bullish sentiment. In this week’s survey, bullish sentiment declined from 32.86% down to 26.92%. There’s not much to say here besides the fact that bullish sentiment has been below 50% for a record 126 straight weeks.
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Bearish sentiment ticked slightly higher in this week’s survey rising from 30.0% up to 31.54%. This is now the sixth week in the last ten that bearish sentiment has exceeded bullish sentiment. Yes, bears outnumbered bulls this week, but indecision continues to reign as 41.54% of individual investors considered themselves neutral on the market. Guess no one wants to make a stand anymore.