AAII Sentiment Survey, 7/23/25
BULLISH remained the top sentiment (36.8%, below average) & neutral remained the bottom sentiment (29.2%, below average); bearish remained the middle sentiment (34.0%, above average); Bull-Bear Spread was +2.8% (below average). Investor concerns: Tariffs, budget, jobs, inflation, recession, Fed, debt, dollar, geopolitical, Russia-Ukraine (178+ weeks), Israel-Hamas (67+17 weeks). For the Survey week (Th-Wed), stocks up, bonds up, oil down, gold up, dollar down. NYSE %Above 50-dMA 76.77% (overbought). US-Japan trade deal was very different from others. US automakers are complaining. #AAII #Sentiment #Markets
Sentiments are CONTRARIAN indicators.
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