Who said the small investor isn’t optimistic about stocks?
The American Association of Individual Investors (AAII) Bullish Ratio [Bulls / (Bulls + Bears)] hits its highest level since February 2007.
If you take this together with the fact that the Investors Intelligence (II) Bull/Bear Ratio has also hit its 2007 peak (see Bullishness at Record Levels), some might say that bullish sentiment has reached a contrarian extreme.
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