The volatility that the market has been experiencing lately often signals that stocks are headed for a downturn. But investors have not been reacting that way. In fact, optimism still carries the day, despite the recent losses of the S&P 500 and the Dow Jones.
The American Association of Individual Investors actually saw bullish attitudes rising last week in its weekly survey of investor sentiment. That survey had 43 percent of investors bullish, up 2.8 percentage point from the previous week and higher than the long-term average of 39 percent.
Bespoke Investments registered an even stronger figure. In its weekly sentiment survey, 61 percent said the S&P 500 would be higher a month from now - up 7 points from the previous week. So despite the rough sledding, most investors don't appear to be spooked by this market.
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