Bullish sentiment is surging according the most recent Charles Schwab active trader survey. CNBC reported that the survey shows bullishness at its highest level since Schwab began the survey 4 years ago:
“Bullish sentiment among the most active clients of Charles Schwab hit its highest level since the current bull market began, according to a recent survey by the firm.
The jump in optimism from this group may signal the less active crowd will soon follow, propelling the rally to a fourth year, market analysts said.
Fifty-one percent of individual investors who trade frequently are now bullish, according to the Charles Schwab Active Trader Sentiment Survey, the highest level since they began surveying these clients in April 2008.”