Hard to believe that only two weeks ago, AAII's reading on market optimism fell to its lowest reading since May 2016. Since that bottom, bullish sentiment has rebounded to 35.6%. While still below the historical average of 38.08%, the percentage of bullish investors is now at its highest level since the first week of August, when it was 38.4%.
Likewise, market pessimism has fallen considerably since its recent peak of 43.96% from October 10th. Now at 28.27%, the percentage reporting as bearish is at its lowest since September 19th. Bearish sentiment is also back below