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Thursday
Nov292012

Bullish Sentiment Jumps To Three Month High

There's nothing like higher stock prices to cure investor blues.  According to the American Association of Individual Investors (AAII), bullish sentiment increased by 5.1 percentage points this week from 35.82 to 40.93, which is the highest level since the end of August.  Over the last two weeks, bullish sentiment has increased by 12.1 percentage, which is the largest two-week increase since January 5th.  Based on the last two weeks, it appears as though investors are more optimistic that lawmakers in Washington will come to an agreement over the fiscal cliff.

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