Bullish Sentiment Jumps In Latest AAII Sentiment Survey

In the latest American Association of the Individual Investor survey, Bullish sentiment rose above its historical average for the first time since April 14.

In the latest survey, Bullish sentiment rose 3.5% to 41.8%, Neutral sentiment rose 2.1% to 33.5%, and Bearish sentiment plunged 5.5% to 24.7%.

Bearish sentiment is below the historical average for just the second time in the past 20 weeks.

On the back of a stronger than expected ADP employment report, futures are soaring this morning. Dow futures are up 79 points, NASDAQ futures are up 18.50 points, and S&P 500 futures are up 11.60 points.