Uptick In Bullish Investor Sentiment

This week's individual investor sentiment as reported by the American Association of Individual Investors saw an uptick in bullish sentiment. The bullish sentiment reading increased 8.9 percentage points to 41.3%. This is slightly above the long term average of 39%. Additionally, the less volatile 8-period moving average of the bullish sentiment reading increased to 37.2% versus last week's average of 35.7%. This is the first increase in the 8-period average since January 14th.