Category: Sentiment

In the last 2 weeks we talked about fading pessimism and buying stocks.  Even after the big bounce we got in the market following the extreme pessimism, there is still skepticism in the market.  This bodes well for continued gains in coming weeks as the market can climb the wall of worry. Continue reading “AAII Sentiment Survey Results Still Favor Bulls (Even After Bounce)”

Last week we said, “the probabilities favor “fading pessimism” and getting selectively long”: Continue reading “AAII Sentiment Survey Results. Even Better Than Last Week…”

The only things that have changed between last week and this week’s AAII sentiment survey report are:

1.  We have built a sentiment base below 30 read for “bullish sentiment.”
2.  Bearishness hit an extreme above 40.
3. The market has been basically flat for 11 trading sessions (we are around same levels as May 13 on the SPX).

Continue reading “AAII Sentiment Survey Results – Pessimism Reigns. What to do about it?”

Today’s AAII Sentiment Survey results had the bulls running for the hills!  When you look at the chart above, the red and black line represents the bullish percent number from the weekly survey.  The black line in the background represents the S&P 500.  Continue reading “AAII Results: Bulls on the Run, Time to Buy?”

Last week we pointed out the extreme in bullishness was not good for the bulls and we subsequently got a swift pullback on Friday and Monday.

AAII Sentiment Survey Results: Back at Extreme. What’s next?

Continue reading “AAII Sentiment Survey Results: Complete FLIP. What’s next?”

If you had asked me last night where the AAII sentiment Survey results would come in this morning I would have said, “35-37% bullish percent.”  Instead we got an extreme read to 43.12%.  Bearishness is still near historic lows at 23.19%.  This is not the type of read bulls want to see. Continue reading “AAII Sentiment Survey Results: Back at Extreme. What’s next?”

This week, bullishness came in at 39.02% which is near an extreme (I look for reads at or above 40 as potential triggers). Bearishness is still at historic lows – coming in at 21.34% (I look for reads below 30). Continue reading “AAII Sentiment Survey Results Out. At/Near Extreme Levels…”

Two weeks ago we hit a bullish extreme that was burned through sideways (we are essentially flat over the last 2 weeks on the DOW/SPX – as of this morning – since the bullish extreme was hit): Continue reading “AAII Sentiment Survey Results Out. Back to the Abyss…”

Last week we got an extreme read on sentiment which is frequently correlated with market pullbacks:

Warning signs from AAII Sentiment Survey results this morning (out of “No Man’s Land”)

We are now a week later and have gone sideways off the trigger (no pullback yet).  The implication is that we either turn soon, or it is going to burn through this extreme in an atypical fashion. Continue reading “AAII Sentiment Survey results. The pause that refreshes…”