We’re Just Knocking the Froth Off the Market
Hey, it’s Ross Givens here with the Chart of the Day. These are the latest results from the American Association of Individual Investors (AAII) weekly market sentiment survey. As of May 22, 47% of members were bullish—near last December’s one-year high. But by May 29, that number dropped to 39%. This sharp dip highlights how quickly market sentiment can shift. Worried about this sentiment drop just as the market rallies out of a pullback? Don’t be—I explain why in today’s Insight of the Day.