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60 days ago • Posted by Paul de La Baume

AAII #sentiment still depressed but recovering $QQQ $SPY $USD #trading

The AAII US investor sentiment indicator is slightly bullish indicating investors are turning less risk averse amid the clearer path of avoiding a banking crisis. Overall sentiment remains depressed, a contrarian net-positive. It's also important to note that the recent rally appears to have low investor participation with many vocal bears (JPM, BofA, MS) left in the dust. Fundamentals continue to improve with the earnings picture getting better at the heavy cost of job cuts. Will it be enough to withstand a market pullback, remains to be seen. 

#Stocks
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