Bullish Sentiment is Fading – GOOD
Hey, it’s Ross Givens here with the Chart of the Day. Diving into the trenches of market sentiment, the chart measuring bullish sentiment from AAII surveys reveals a notable shift. With approximately 40% of individual investors currently bullish—a level not seen since November 2023—bearish sentiment is gaining ground, with nearly 27% reporting a bearish outlook. While some might interpret this as a negative signal, I see it as a strategic opportunity. In today’s Insight of the Day, I dissect the nuances of this sentiment shift, guiding investors through the potential opportunities it presents in the current market landscape.
January 19, 2024
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