Bullish Investor Sentiment Increases This Week

I suppose it should not be too surprising that investor bullish sentiment rose this week after last week's decline. Since the end of March, the bullish sentiment level has alternated between an increase and a decline. This week's bullishness level was reported at 46.67% versus the prior week's level of 30.37%. True to form the bull/bear spread came in at a +19% versus -18% last week. Recent results attest to the volatility of this sentiment indicator.

Below is a table a graph of historical sentiment results.

(click on table/chart for larger image)

Data Source: American Association of Individual Investors