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Wednesday
Sep222010

Bullish Sentiment Highest Since Early August

DateWednesday, September 22, 2010 at 10:35AM

According to the Investors Intelligence weekly sentiment survey, bullish sentiment (41.4%) among advisors is currently at its highest level since early August.  As shown in the chart below, however, we've been here before.  Since the S&P 500 peaked in the Spring, there have been two other periods where bullish sentiment improved to the 41% range only to fall back down as equities lost steam.  Will the third time be the charm or are we in for more of the same?

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