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.
Source: AAII
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.