Bearish sentiment reached its highest level in over a year this week, rising 7.11 percentage points to 38.22% in the latest AAII Investor Sentiment Survey. Specifically, AAII members haven’t felt this poorly about the market’s prospects for the next six months since June 6, 2013.
In addition, the bull/bear spread, which measures the difference between bullish and bearish sentiment, is at its lowest level in 26 weeks at -7.34.
Overall, the readings for August 7, 2014, are as follows:
- Bullish: 30.89%, down 0.24 percentage points
- Neutral: 30.89%, down 6.87 percentage points
- Bearish: 38.22%, up 7.11 percentage points
The AAII Sentiment Survey has been conducted weekly since July 1987. We encourage AAII members to participate in this weekly survey in which we ask where you think the stock market is headed over the next six months. The survey period runs from Thursday (12:01 a.m.) to Wednesday (11:59 p.m.).