AAII Sentiment Survey: Pessimism Pulls Back, But Stays High

Pessimism among individual investors about the short-term direction of the stock market is above 40% for the fourth consecutive week and the fifth time in seven weeks. The latest AAII Sentiment Survey also shows rebounds in optimism and neutral sentiment. Bullish sentiment, expectations that stock prices will rise over the next six months, rose 1.5…

 

One out of Four Investors Say They Increased Their Cash Allocations Compared to Start of 2018

Last month’s Asset Allocation Survey special question asked AAII members how their current allocation compared to what they expected it would be when 2018 started. Just under 37% describe their allocations as being more conservative than expected, with approximately one out of four respondents say they increased their cash allocations. Conversely, one-third (33%) of respondents…

 

December AAII Asset Allocation Survey: Cash Nears a 6-Year High

Cash allocations among individual investors rose to nearly a six-year high last month. The December AAII Asset Allocation Survey also showed a further decline in equity exposure. Stock and stock fund allocations fell 2.2 percentage points to 62.4%. Exposure to equities was last lower in February 2016 (61.5%). Even with the decline, equity allocations remained…

 

Two out of Five Investors Think Rising Interest Rates Should Halt

This week’s Sentiment Survey special question asked AAII members whether the Federal Reserve should continue to raise interest rates. Respondents were split. Slightly more than two out of five respondents (42%) think the pause button should be hit. Many of these respondents think the Fed should wait to see additional data, that growth is slowing…

 

AAII Sentiment Survey: Half of Individual Investors Are Bearish

Half of individual investors now describe themselves as “bearish” for the first time since 2013. The latest AAII Sentiment Survey shows greater polarization, with neutral sentiment falling to an eight-year low. Bullish sentiment, expectations that stock prices will rise over the next six months, rebounded for a second consecutive week, rising 6.7 percentage points to…

 

Oil Price Declines Fail to Alter Market Outlook for Majority of Investors

This week’s Sentiment Survey special question asked AAII members how oil prices are impacting their outlook for the overall stock market. Slightly over half of all respondents (53%) say oil prices are not influencing their outlook. Approximately 15% of respondents think the decline in prices is bad for stocks, with an additional 3% saying the…

 

AAII Sentiment Survey: Pessimism Declines, But Still High

Though pessimism declined and optimism among individual investors rebounded in the latest AAII Sentiment Survey, they remain unusually high and low, respectively. Bullish sentiment, expectations that stock prices will rise over the next six months, rebounded by 4.0 percentage points to 24.9%. Optimism remains below its historical average of 38.5% for the 13th time in…

 

AAII Survey: Did Your Investments Live Up to Your Expectations in 2018?

As we enter the final weeks of 2018, the stock market is not enjoying a Santa Claus rally. Whatever slims gains the major indexes had entering the last month of the year have evaporated. According to data compiled by @OddStats from Stooq.com, 2018 is on pace to be the first year in the S&P 500’s history that…

 

A Quarter of Investors Believe Economy Will Grow in 2019, But at Slower Pace

This week’s Sentiment Survey special question asked AAII members how they expect the U.S. economy will perform over the next six to 12 months. Responses varied. The largest group of members (25%) expect the economy to continue growing, but at a slower pace than this year. Nearly 13% expect growth to remain at a good…