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SENTIMENT UPDATE: BULLS STILL CHARGING HIGHER

This week’s sentiment data showed improvement across the board.  The AAII small investor survey showed a jump in bullishness to 41.7% while the Investor’s Intelligence survey showed an increase in bullishness to 39.8%.  Although both surveys showed a rise in bullishness the historical data shows that both are still relatively neutral readings.

AAII

Investor’s Intelligence

Sources: AAII, II

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