After 15 weeks of bears outnumbering the bulls…
The tables have finally flipped.
Take a look at the chart below.
Chart of the Day
This is the latest result of the weekly sentiment survey by the American Association of Individual Investors (AAII).
Last Wednesday’s reading was the first time in 15 weeks that the bulls outnumbered the bears.
The tide is shifting.
And as the data shows, that usually precedes even stronger performance ahead.
This table shows how the S&P 500 has performed in the past after a at least 3-month streak of AAII bears outnumbering the bulls have ended.
And with the exception of 2008 – during the Global Financial Crisis – this flip from bearish to bullish has meant continued strong returns moving forward.
Sure, there aren’t that many data points.
But combine this with the other readings I’m seeing in the market…
And the odds are telling you to stay in the game.
Insight of the Day
Prolonged bouts of bearish sentiment is often the fuel for the market to go higher.
As I said a couple weeks ago, very few bears are the stubborn, dogmatic “perma bears”.
They can and will flip to bullish once the market’s strength becomes undeniable.
That’s exactly what we’re seeing right now – bears starting to flip bullish.
And even though the bulls now outnumber the bears, the numbers say we’re still early.
As more bears turn bullish in the face of the market’s strength, this will be the fuel for the rally to keep going higher.
And in turn, this will create a virtuous cycle that pulls in even more money from the sidelines (as I showed yesterday, there’s over $7.2 trillion parked there at present).
Don’t wait for the market to spiral higher.
Take advantage of it now.
I’m going LIVE later this afternoon at 3 p.m. Eastern…
To show you a unique strategy for pinpointing high-potential moves most people will miss.
This strategy works in all kinds of markets – delivering returns like 177% in 11 days, 148% in 2 days, and even 353% in 91 days.
But it’s most powerful during times like these – when the market is taking off right after a pullback.
So don’t hesitate.
And I’ll see you at 3 p.m. ET.
Customer Story of the Day
“I recently attended my first Ross Givens live session, it was very educational. He encouraged questions and shared valuable insights that I applied immediately.
He has a deep understanding of the stock market and explained his analytical methods in a way that was easy to grasp, even for beginners.
All of his trading strategies were presented with real-world current examples.
I walked away much more confident in my ability to analyze stocks and make informed investment decisions. Highly recommended!”
Ross Givens
Editor, Stock Surge Daily
