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FNY - Overwhelmingly Bullish Even For All-Time Highs
First Trust Mid Cap Growth AlphaDEX Fund
2024-03-07 19:15:00 ET
Summary
Not only has the S&P 500 returned to new highs but sentiment is also making a push higher.
At 51.7%, bullish sentiment is now slightly below the multi-year high from December 21st (52.9%).
This week, bearish sentiment fell to 21.8% which was a half percentage point uptick versus the previous week.
Not only has the S&P 500 returned to new highs, but sentiment is also making a push higher. As shown below, the latest AAII Sentiment Survey showed more than half of respondents surveyed responded as bullish....