Thursday, June 04, 2009

Investor Bullish Sentiment Continues Its Trend Higher

Since investor bullish sentiment reached a low of 18.92% for the period ending March 5, 2009, the bullish sentiment level has trended higher to 48.56% this week. During this same time period, the S&P 500 Index has steadily moved higher. The bull/bear spread at the March 5th reading was a -51%. This week's bull/bear spread reading came in at 12%.

(click to enlarge)

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