AAII Bullish Sentiment Rises For Seventh Week in Ten

This week's bullish sentiment survey from the American Association of Individual Investors (AAII) rose to 37.5% for the seventh weekly increase in the last ten weeks.  As shown in the chart, however, even though the S&P 500 is at bull market highs, bullish sentiment remains off of its high from just a few weeks ago, and it is actually still below the 37.9% average bullish reading that we have seen during this bull market.

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