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Seth Golden posted an update 6 years, 4 months ago
AAII Sentiment Survey for bullish sentiment fell for the week ending 7/18. Bullish sentiment, expectations that stock prices will rise over the next six months, fell 8.4 percentage points to 34.7%. The drop puts optimism back below its historical average of 38.5% for the third time in four weeks.
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hi Seth, how well if at all does sentiment equate to market performance? If people are less bullish, does that mean markets will go higher since euphoria has not set in yet?
Worked your question into the weekly research report. Hope you read. Usually contrarian indicator! @kellykline
Thanks, Seth! I did! Great read. I learn more here than at school, lol.