AAII Sentiment Survey, 8/3/22

yogibearbull

For the week ending on 8/3/22, Sentiment improved significantly: Bearish remained the top sentiment (38.9%; above average) & bullish remained the bottom (tie) sentiment (30.6%; below average); neutral remained the middle (tie) sentiment (30.6%; near average); Bull-Bear Spread was -8.3% (low). With all Sentiments in 30s (last times 1/5/22, 3/23/22, 6/1/22), future flip-flops in ordering are expected. There is widening belief that the worst is behind for the Sentiment and markets; mid-June may have been the worst. Investor concerns included recession/slowdown; inflation & supply-chain disruptions; the Fed/FOMC; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (23+ weeks); geopolitical. For the Survey week (Thursday-Wednesday), stocks were up sharply, bonds up, oil down sharply, gold up sharply, dollar flat. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/thread/141/aaii-sentiment-survey-weekly?page=7&scrollTo=731

bee

This may go along nicely with this thread:

The Bull-Bear Spread also rebounded faster than prices after the Covid Crash low, and after the 2018 selloff. So this sentiment change might just be a normal reaction to the start of a new bull market. Or it might instead be an overreaction in terms of analyst sentiment which is not merited, leaving “the crowd” subject to a shocking reversal of fortunes if prices fail to follow through.

sentiment_rebounding_too_much