Investors Split on Third-Quarter Earnings’ Influence on Stock Price Outlook

This week’s Sentiment Survey special question asked AAII members what influence third-quarter earnings had on their outlook for stock prices. Responses were mixed. The largest single group of respondents (22%) indicate that their outlooks have not changed following the latest earnings announcements. About 16% describe earnings as reinforcing their bullish outlook. Nearly the same proportion…

 

AAII Sentiment Survey: Pessimism Reverts Back to Average

Pessimism among individual investors about the short-term direction of the stock market pulled back to its historical average in the latest AAII Sentiment Survey. Optimism and neutral sentiment both rose. As discussed below, timing played a role. Bullish sentiment, expectations that stock prices will rise over the next six months, rose 4.1 percentage points to…

 

November AAII Asset Allocation Survey: Cash Exposure Rises to a 33-Month High

Individual investors’ exposure to cash rose to its highest level in nearly three years last month. The November AAII Asset Allocation Survey also shows an increase in fixed-income exposure and a drop in equity allocations. Stock and stock fund allocations fell 4.9 percentage points to 64.6%. Equity allocations were last lower in July 2016 (64.1%)….

 

AAII Sentiment Survey: Pessimism Pulls Back, But Still High

Pessimism among individual investors pulled back from a 33-month high but remains well above average. The latest AAII Sentiment Survey also shows a rebound in optimism and a decline in neutral sentiment. Bullish sentiment, expectations that stock prices will rise over the next six months, rose 8.6 percentage points to 33.9%. The increase was not…

 

Washington Politics Influencing Market Outlook for Nearly a Third of Investors

This week’s Sentiment Survey special question asked AAII members what factors are most influencing their six-month outlook for stocks. Washington politics—including President Donald Trump and the midterm election results—are cited by 30% of respondents. Tariffs, particularly the ongoing trade war with China, are listed by 16% of all respondents. Nearly 13% say corporate earnings while…

 

AAII Sentiment Survey: Pessimism Extends Streak of Above-Average Readings

Pessimism among individual investors about the short-term direction of the stock market rose, extending its streak of above-average readings. The latest AAII Sentiment Survey also shows a drop in optimism and higher neutral sentiment. Bullish sentiment, expectations that stock prices will rise over the next six months, pulled back by 6.2 percentage points to 35.1%….

 

AAII Sentiment Survey: Optimism Rebounds Back Above Historical Average

Optimism among individual investors about the short-term direction of stock prices is above average for just the second time in nine weeks. The latest AAII Sentiment Survey also shows slightly lower neutral sentiment and pessimism holding above its historical average despite a decline. Bullish sentiment, expectations that stock prices will rise over the next six…

 

Majority of Investors are Currently Overweight in Stocks

Last month’s Asset Allocation Survey special question asked AAII members if they think they personally are overweighting or underweighting stocks relative to their age. Three-fifths of respondents (60%) describe themselves as being overweight in stocks. Among the reasons given were a desire for higher returns, a lack of need for income and long investing horizons….