Get a few nice earnings reports, and a bit of a rebound in stocks, and voila, investor sentiment shoots back up.
Here’s the latest, via PragCap:
“Bullish sentiment rose 7.8 percentage points to 40.0% in the latest AAII Sentiment Survey. The percentage of individual investors who expect stocks to rise over the next six months is at a six-week high. The historical average is 39%.