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Index Shows Bullish Sentiment Among Individual Investors at New High Since 2010


The bulls are not only running in Pamplona.

The recent rally off the late June lows has really started to bring some of the bulls out of the woodwork. According to this week's sentiment survey from the American Association of Individual Investors (AAII), bullish sentiment increased from 42.0% up to 48.94%. This marks the second straight week of increases and is the largest two-week increase (18.64 percentage points) since September 2010. Bulls are enjoying the gains now, but rest assured that if the market has just one bad day, many of these fair-weather bulls will scurry for the exits.

This article was originally published by Bespoke Investment Group.
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