AAII Sentiment Shows Bulls Explode In Past Week

The American Association for Individual Investors released its weekly sentiment survey this morning, and it showed that bullish sentiment skyrocketed from the previous week.

Bullish sentiment rose 9.2% to 37.7%, while Neutral and Bearish sentiment both dipped. Neutral fell 4.1% to 27.3%, and Bearish fell 5.2% to 35.0%.

This is the fourth time in five weeks that Bullish and bearish sentiment have been fairly close.

Here is the weekly survey put out by the AAII.

Stocks are higher today, with the Dow up 73 points, the Nasdaq is up 30 points, and the S&P is up almost 10 points.