By Charles Rotblut, CFA, AAII
Bullish sentiment improved 4.1 percentage points to 41.8% in the latest AAII Sentiment Survey. This is the first time optimism that stock prices will rise over the next six months has been above its historical average of 39% since February 17, 2011.
(chart provided by pragcap.com)
Neutral sentiment, expectations that stock prices will stay essentially flat over the next six months, was down a very modest 0.2 percentage points at 27.1%. The historical average is 31%.
Bearish sentiment, expectations that stock prices will fall over the next six months, declined 3.9 percentage points to 31.1%. This is a six-week low for pessimism. The historical average is 30%.
The S&P 500′s rebound over the past seven days has renewed investors’ optimism about the direction of stock prices. It is a cautious optimism, however, with bearish sentiment staying above its historical average for sixth consecutive week.
This week's special question asked AAII members at what point rising oil prices would have them worried about a potential slowing of economic growth. The majority of respondents fell into one of three groups. The first thought oil was already having a negative impact. The second said if crude stayed at $120 per barrel or higher, economic growth would be curtailed. The third said oil would have to rise above the $140 – $150 per barrel range to make them worried.
Here is a sampling of the responses:
This week’s AAII Sentiment Survey results:
Historical averages:
Notify me of follow-up comments via e-mail
© 2009 pragcap.com · Register for PC
By Charles Rotblut, CFA, AAII
Bullish sentiment improved 4.1 percentage points to 41.8% in the latest AAII Sentiment Survey. This is the first time optimism that stock prices will rise over the next six months has been above its historical average of 39% since February 17, 2011.
(chart provided by pragcap.com)
Neutral sentiment, expectations that stock prices will stay essentially flat over the next six months, was down a very modest 0.2 percentage points at 27.1%. The historical average is 31%.
Bearish sentiment, expectations that stock prices will fall over the next six months, declined 3.9 percentage points to 31.1%. This is a six-week low for pessimism. The historical average is 30%.
The S&P 500′s rebound over the past seven days has renewed investors’ optimism about the direction of stock prices. It is a cautious optimism, however, with bearish sentiment staying above its historical average for sixth consecutive week.
This week's special question asked AAII members at what point rising oil prices would have them worried about a potential slowing of economic growth. The majority of respondents fell into one of three groups. The first thought oil was already having a negative impact. The second said if crude stayed at $120 per barrel or higher, economic growth would be curtailed. The third said oil would have to rise above the $140 – $150 per barrel range to make them worried.
Here is a sampling of the responses:
This week’s AAII Sentiment Survey results:
Historical averages:
Notify me of follow-up comments via e-mail
© 2009 pragcap.com · Register for PC
By Charles Rotblut, CFA, AAII
Bullish sentiment improved 4.1 percentage points to 41.8% in the latest AAII Sentiment Survey. This is the first time optimism that stock prices will rise over the next six months has been above its historical average of 39% since February 17, 2011.
(chart provided by pragcap.com)
Neutral sentiment, expectations that stock prices will stay essentially flat over the next six months, was down a very modest 0.2 percentage points at 27.1%. The historical average is 31%.
Bearish sentiment, expectations that stock prices will fall over the next six months, declined 3.9 percentage points to 31.1%. This is a six-week low for pessimism. The historical average is 30%.
The S&P 500′s rebound over the past seven days has renewed investors’ optimism about the direction of stock prices. It is a cautious optimism, however, with bearish sentiment staying above its historical average for sixth consecutive week.
This week's special question asked AAII members at what point rising oil prices would have them worried about a potential slowing of economic growth. The majority of respondents fell into one of three groups. The first thought oil was already having a negative impact. The second said if crude stayed at $120 per barrel or higher, economic growth would be curtailed. The third said oil would have to rise above the $140 – $150 per barrel range to make them worried.
Here is a sampling of the responses:
This week’s AAII Sentiment Survey results:
Historical averages:
Notify me of follow-up comments via e-mail
© 2009 pragcap.com · Register for PC
By Charles Rotblut, CFA, AAII
Bullish sentiment improved 4.1 percentage points to 41.8% in the latest AAII Sentiment Survey. This is the first time optimism that stock prices will rise over the next six months has been above its historical average of 39% since February 17, 2011.
(chart provided by pragcap.com)
Neutral sentiment, expectations that stock prices will stay essentially flat over the next six months, was down a very modest 0.2 percentage points at 27.1%. The historical average is 31%.
Bearish sentiment, expectations that stock prices will fall over the next six months, declined 3.9 percentage points to 31.1%. This is a six-week low for pessimism. The historical average is 30%.
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