AAII Bullish Sentiment Rises

After hitting its lowest levels since last September, bullish sentiment on the part of individual investors rose last week.  According to the weekly survey from AAII, bullish sentiment rose from 23.6% to 30.5% this week which is the highest level since May 3rd.  Even after this week's increase, however, it is still important to note that more than two-thirds of individual investors are still either bearish (38.7%) or neutral (30.9%).