Bullish & Neutral Sentiment Jump in Latest AAII Sentiment Survey

In the latest American Association of Individual Investors survey, both bullish and neutral sentiment jumped for the week ending October 12, 2011.

In the most recent survey, Bullish sentiment rose 4.5% to 39.8%, Neutral sentiment rose 4.8% to 23.9%, and Bearish sentiment fell 9.4% to 36.4%.

Bullish sentiment is at the highest it has been since June 21, and is slightly above its historic average of 39%.

Futures are slightly lower going into the start of Thursday trading. Dow futures are off 35 points, NASDAQ futures are off 1.8 points and S&P 500 futures are off 5.5 points.