Summary

• The S&P 500 has finally returned to record highs in the past couple of weeks, and sentiment has reflected that positive price action.
• This week’s release of the American Association of Individual Investors survey came in with 46% of respondents reporting bullish sentiment.
• At 34.4%, bearish sentiment per this survey is now at the lowest level since the final week of January.

The S&P 500 has finally returned to record highs in the past couple of weeks, and sentiment has reflected that positive price action.

This week’s release of the American Association of Individual Investors survey came