Bullishness Is Making A Comeback

Bullish sentiment finally rebounded this week to levels not seen since last month’s poor nonfarm payrolls report hit markets well below consensus.

According to the American Association of Individual Investors, bullish sentiment now stands at 35.4 per cent, up from 27.6 per cent last week.

Bespoke Investment Group has a great chart out this morning comparing bullish sentiment to movements in the S&P 500.

Chart

Photo: Bespoke Investment Group

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