No, not a John Kerry attack ad or end of Queen’s Bohemian Rhapsody. It refers to the fickle nature of retail investors these days. To wit:
This week’s AAII Sentiment Survey Results:
- Bullish: 39.4%, up 18.4 percentage points
- Neutral: 22.8% up 0.8 percentage points
- Bearish: 37.8%, down 19.3 percentage points
Can you say, “flip-eroo?”
Can you say, “useless sentiment data?”
Sure you can.