Another week and another result in the ever volatile investor sentiment survey from the American Association of Individual Investors. Individual investor bullish sentiment declined to 36.7% versus last week's 41.6%. The decline in bullish sentiment was to the benefit of the bearish investors. The bearish sentiment indicator increased to 39.4% versus the prior week reading of 33.6%. The bull/bear spread declined to a negative 3% from a positive 8% last week.
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Data Source: American Association of Individual Investors