This week's Sentiment Survey released by the American Association of Individual Investors indicates individual investors are uncertain about the direction of the equity markets. Two week's ago, the level of bullish investor sentiment was reported at 24%. Then last week the bullish investor sentiment level was reported at 48.70% with a bull/bear spread of +14%. This week's reading recorded a large decline in bullish sentiment to 27.63% and a resulting bull/bear spread of -20%.
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