Friday, June 22, 2007

Bullish Sentiment Increases

As reported by the American Association of Individual Investors, bullish investor sentiment saw an increase to 43.16% versus last week's 37.30%. This is the highest level recorded for bullish sentiment since April 19th's 46.94%. As the bullish sentiment has trended higher since the end of May, the S&P 500 Index has actually declined from 1,530.23 to 1,512.94 as of June 20, 2007.

(click on chart for larger image)

individual investor sentiment as of June 20, 2007

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