Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Data Drop: Investors Intelligence Points to Rising Pessimism


Bullish sentiment falls to its lowest level since July.

The weekly figures from the Investors Intelligence (II) sentiment survey are out. Here are the highlights:
  • Bullish sentiment among advisors fell to 42.6% (3.1% decrease).
  • Bearish sentiment among advisors rose to 26.6% (1.1% increase).
  • 30.8% of advisors foresee a correction in the market.
There is more pessimism this week than last, as the bulls fell a decent amount and the bears rose slightly. The bulls-minus-bears line has now fallen to 16%, which is its lowest reading since the end of July. The low level of optimism shown in this poll is pretty encouraging, given the market is not too far off multi-year highs.

The table below compares the current data to typical data since 2005.

This article by Rocky White was originally published on Schaeffer's Investment Research.

Below, find some more great content from Schaeffer's Investment Research:

Weekly Contrarian: Is Fossil Ready to Prove Skeptics Wrong?

Bulls Take a Breather; Dow Jones Industrial Average Pointed South

Speculation Spikes as ON Semiconductor Struggles

Twitter: @schaeffers
< Previous
  • 1
Next >
No positions in stocks mentioned.
Featured Videos