LIVE MARKETS-Individual Investor bulls stampede - AAII

Dow Jones Industrial Average +0.91%
S&P 500 index +1.10%
NASDAQ +1.35%

Dow Jones Industrial Average

DJI

43297.03

+0.91%

S&P 500 index

SPX

6040.04

+1.10%

NASDAQ

IXIC

20031.13

+1.35%

Main U.S. indexes red; Nasdaq down most, off >2%

Tech weakest S&P sector; Utilities lead gainers

Euro STOXX 600 index off ~0.8%

Dollar, gold dip; crude down >1.5%; bitcoin up >1.5%

U.S. 10-Year Treasury yield rises to ~4.46%

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

INDIVIDUAL INVESTOR BULLS STAMPEDE - AAII

Optimism among individual investors over the short-term outlook for U.S. stocks surged in the latest American Association of Individual Investors (AAII) Sentiment Survey. With this, pessimism ticked up, and neutral sentiment plunged.

Meanwhile, a significant portion of investors surveyed said that the election results make them more optimistic over their outlook for stocks.

AAII reported that bullish sentiment, or expectations that stock prices will rise over the next six months, jumped 8.3 percentage points to 49.8%. Bullish sentiment is "unusually high" and is above its historical average of 37.5% for the 53rd time in 54 weeks.

Bearish sentiment, or expectations that stock prices will fall over the next six months, added 0.8 percentage points to 28.3%. Bearish sentiment is below its historical average of 31.0% for the 13th time in 14 weeks.

Neutral sentiment, or expectations that stock prices will stay essentially unchanged over the next six months, dove 9.1 percentage points to 21.8%. Neutral sentiment is "unusually low" and is below its historical average of 31.5% for the 18th time in 19 weeks.

With these changes, the bull-bear spread increased 7.5 percentage points to 21.5% from 14.0% last week. The spread is above its historical average of 6.5% for the 27th time in 28 weeks.

In this week’s special question, AAII asked its members for how the results of the U.S. elections is impacting their short-term outlook for stocks.

Here is AAII's graphic showing how they responded:

(Terence Gabriel)

*****



FOR FRIDAY'S EARLIER LIVE MARKETS POSTS:


POWELL-FRIENDLY DATA: FRIDAY ECONOMICS GIVE JAY SOME BACK-UP - CLICK HERE


U.S. INDEXES FALL EARLY; HEALTHCARE, TECH LEAD DECLINES - CLICK HERE


BITCOIN'S EYE-POPPING RALLY SAW HIGHEST TRADING VOLUMES SINCE MARCH - CLICK HERE


S&P 500 BULLS SUDDENLY IN NO HURRY AS POST-ELECTION RALLY STALLS - CLICK HERE


LOONIE TUNES: CANADIAN DOLLAR LOOKS VULNERABLE - CLICK HERE


FEAR OVER FUNDAMENTALS - CLICK HERE


TRUMP NOT TRIGGERING WORRIES ABOUT US DEBT AFFORDABILITY - CLICK HERE


DIGGING DEEPER INTO UK GDP FIGURES - CLICK HERE


HEALTHCARE LEADS EUROPE LOWER - CLICK HERE


EUROPEAN STOCK FUTURES HEAD SOUTH - CLICK HERE


CHINESE CONSUMERS SPEND MORE, JUST NOT ON PROPERTY - CLICK HERE


Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via