Bullish Investor Sentiment Essentially Unchanged

This week's sentiment survey reported by the American Association of Individual Investors saw a small uptick in bullish investor sentiment. The bullishness reading came in at 42.86% versus 41.30% last week. The 8-period moving average has moved higher for the third straight week., increasing to 38% versus 37.2% last week. The AAII survey represents the percentage of individual investors who are bullish, bearish, and neutral on the stock market for the next six months; individuals are polled from the ranks of the AAII membership on a weekly basis.