The latest data from AAII showed a bullish reading of 35% a 5% decline from last week. Total bears were 36.7% up 1.9% from last week. This is the first time the bears have outnumbered the bulls since the beginning of November. All in all, this is a relatively neutral reading in the data, but is likely to dip further if equity prices continue to slide.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.