Investors Finally Turn Bullish

The S&P 500 closed at a 52-week high on Friday, and the majority of participants in our weekend market poll think it will continue to trade higher over the next month.  As shown below, 54% said the S&P would be higher one month from now, while 46% said the index would be lower.  This is the first time since August 6th that there have been more bulls than bears in our weekly sentiment survey.