Sticky Sentiment: Part Two

4/21 - "The AAII percentage of bulls fell to 30.4% this week from 45.8% the prior week. This reading is still at a depressed level. The AAII percentage of bears rose to 48.7% this week from 37.3% the prior week. This reading is still at an elevated level.

There is plenty of additional detail, including the 10-week averages that show the “sticky” behavior of this sentiment. The entire article is worth reading.

Gary adds additional information about other indicators. Here is the more comprehensive story:

Individual and professional investor pessimism towards US stocks remains deep-seated and historical in nature. It is also noteworthy that short interest continues to soar to new record highs, corporate insiders continue to display downright giddy behavior, domestic mutual funds continue to see significant outflows, hedge funds remain net short, the equity put/call...