Friday, May 02, 2008

Individual Investor Bullish Sentiment Continues To Rise

I have been traveling on business for the last several days and unable to post on recent dividend news. Over the weekend, I will strive to detail some of the dividend growth news that was reported this past week.

In the meantime, individual investor bullish sentiment rose to its highest level since being reported at 54.64% in October 2007. The percentage of individual investor reported as bullish this week rose to 53.29%. The bull/bear spread widened to +27% versus last week's reading of +19%.

This is a volatile contrarian indicator; however, since the bullish reading bounced along in the 20% range in mid to late March, the S&P 500 Index is up 6+% since that time.

(click on chart for larger image)

1 comment :

Investing Tool said...

i think investors should see problems not as a problem but as an opportunity, like Warren Buffett did.