Regaining the Swagger
According to the American Association of Individual Investors, bullishness dropped 3.6 percentage points to 33.2%, which is well below the historical norm of 38.5%, and a million miles below the January 4th reading of 59.8%.
The question is whether individual investors can regain their bullish swagger.
It’s obvious the wild swings and all the doom & gloom have taken a toll on investors. Investors yanked $24.4 billion from ETFs just one week after plowing in more than $44 billion.
I continue to say, please don’t get whipsawed out of this market.
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