The Taylor Swift, “Shake It Off” Market…(AAII Sentiment Survey)

On Monday, my wife waited on the special mobile queue to score 4 tickets for Taylor Swift’s concert in Massachusetts this August.  She finally got through many hours later and was elated for us to pay more than the cost of my first car for each of the four tickets!  But, our 5 & 7 year old daughters will never forget it, so why not?  And, we’ll catch a Yankees v. Red Socks game at Fenway Park – so everyone wins (even though I’m a Mets fan)… Continue reading “The Taylor Swift, “Shake It Off” Market…(AAII Sentiment Survey)”

Frank & Jerome (The Chairmen) agree: The Best is Yet to Come (AAII Sentiment Results)

Ol’ blue eyes recorded the song “The Best is Yet to Come” in 1964.  What is interesting about both the song and the year – is that the expansion had been going for 11 years at that point (from 1953).  How much further could it run?  Continue reading “Frank & Jerome (The Chairmen) agree: The Best is Yet to Come (AAII Sentiment Results)”

AAII Sentiment Survey Results: Pessimism Strong, Opportunity Stronger…

This week the AAII Sentiment Survey results came in slightly improved from last week.  Bullish sentiment rose from 26.13% to 28.64% and Bearish Sentiment is beginning to thaw (dropping from 42.21% to 39.51%), but there is still a long runway of opportunity before euphoria starts to take hold – at which time we would become cautious. Continue reading “AAII Sentiment Survey Results: Pessimism Strong, Opportunity Stronger…”

AAII Sentiment Survey Results: As Good As It Gets…

Last week we laid out the case that the AAII Sentiment Survey results were as stretched to the downside as they were a week or so before the bottom in December – and that while there could be some residual market/headline risk in the coming week – the bottom in sentiment was in (i.e. it was about as bearish as you could get – and a good environment to start to buy the fear even if you would take a bit of short term pain for intermediate term gain). Continue reading “AAII Sentiment Survey Results: As Good As It Gets…”