Category: Sentiment

In the last two weeks we made the case that with Bullish Percent so low (now 26.13%) and Bearish Percent high (now 42.21%), history favors stepping in as a buyer – when everyone else is fearful (and underweight equities).  Continue reading “AAII Sentiment Results: Pessimism Persists, Opportunity Abounds (Part Deux)”

Last week we said sentiment was “As Good As it Gets” from a historical perspective to step in and buy. Continue reading “AAII Sentiment Results: Pessimism Persists, Opportunity Abounds…”

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…”

Source: AAII

Last week we had hit full complacency levels on the Bearish Percent which had plummeted down to 24.06%.  We did not however get to euphoric levels of bullishness – coming in a couple of percent shy at 38.44%.  What a difference a week makes: Continue reading “AAII Sentiment Survey Results: What a Difference a Week Makes…”

While bullish sentiment jumped in the past week from 31.74% to 38.44%, we likely still have a little room to run.  This is not the level that I would be aggressively adding risk (only selectively on laggard names that haven’t participated – if at all).  In the lexicon of sell side analysts we are at a “hold.”  Continue reading “AAII Sentiment Survey Results: Getting up there…”

Last week I said, “Until the bears fully capitulate, the market can keep climbing…” Continue reading “AAII Sentiment Survey Results: The Most Hated Rally…”

Data Source: AAII

While the market indices all made new highs this week, sentiment did not.  This is a hated rally because most institutions were caught offsides in May/June and raised too much cash. Continue reading “AAII Sentiment Survey Results: Slowly Climbing the Wall of Worry”

As was the case last week, the wall of worry is so high that the Bullish Percent continues to remain subdued at a paltry 33.61% – barely moving up from last week despite hitting 3000 on the S&P 500 yesterday. Continue reading “AAII Sentiment Survey Results: Bulls Just Warming Up…”

The AAII sentiment survey measures the percentage of individual investors who are bullish, bearish, and neutral on the stock market short term; individuals are polled from the AAII Web site on a weekly basis. Continue reading “AAII Sentiment Survey: The Wall of Worry is Steep. Keep climbing!”

Waking up today I had fully expected the “bullish percent” to move well above 30 and the “bearish percent” to drop since last week.  This would have caused us to look for places to lighten up, and if there was a euphoric read, start to look for a few shorts… Continue reading “AAII: As Pessimism Persists, The Wall of Worry (to climb) Remains Intact.”