Bullish sentiment among individual investors
The peak interest is reached, since late 2021, according to the latest survey from the American Association of Individual Investors.
The percentage of investors who say they expect stock prices to rise over the next six months climbed to 33.5% in the week ended Wednesday, from 25.1% in the previous week.
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Investors Are Feeling More Bullish About Stocks!
Bullish sentiment among individual investors is at its highest levels since late 2021, according to the latest survey from the American Association of Individual Investors#StockMarket #sentiment pic.twitter.com/OGt3koO8K7
— The_Journalbiz (@the_journalbiz) November 17, 2022
Chart trajectory on the financial market by CNBC
That’s still below its still long-term average of 38%.
The benchmark S&P 500 index has risen 6.4% in the past month, driven by hopes that the Federal Reserve won’t raise interest rates more aggressively than expected.
Some investors worry that the recent gains are a bear market rally, an upward blip within a longer period of falling prices.
“We can argue that in the very short term, this bear market rally probably doesn’t have much left in it until those bulls throw in the towel again,” Peter Boockvar at Bleakley Financial Group wrote in a note.