kingworldnews.com / November 18, 2016
On the heels of U.S. stocks hitting new all-time highs, public bullishness towards stocks just saw one of the highest 2-weeks jumps in history.
(King World News) From Jason Goepfert at SentimenTrader:
Investors are starting to thaw
Individuals in the AAII survey come roaring back to the bullish camp, a mixed blessing
It takes a while for rapid changes in prices to be reflected in longer-term indicators, so some of the weekly series are just now reflecting the moves from the past 1-2 weeks.
Among them, the weekly survey from the American Association of Individual Investors showed one of the largest two-week jumps in bullish opinion in the survey’s history.
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