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Bullish Investor Sentiment Sees Sharp Decline
By:
Disciplined Approach to Investing
Tuesday, June 03, 2008 1:06 AM
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The American Association of Individual Investors reported bullish investor sentiment declined this week. The bullishness level fell to 31.36% versus last week's level of 46.30%. The bull/bear spread equaled -14% versus a +12% in the prior week.
Source:
American Association of Individual Investors
Although investor sentiment declined, the percentage of NYSE stocks trading above their 50 and 200 day moving averages remain at fairly high levels as noted in the charts below.
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