What Do Investors Think of Market?

The American Association of Individual Investors (AAII) periodically surveys its 150,000 members to measure their sentiment towards stock market investing for the next six months.  Last week, the AAII survey indicated:

• 42.3% bearish

• 33.7% bullish

• 24% neutral

While more were bullish than the week before, it was still well below the long-term average of nearly 39%.