Retail investor sentiment is improving: 46.0% of individual investors expressed bullish sentiment over the next 6 months in the AAII survey for the week ending April 23rd, the highest since mid-January. This percentage has risen +15.4 points since the week ending March 19th. Meanwhile, 34.4% of retail investors were bearish in the week ending April 23rd, the lowest reading since the first week of March. As a result, the bull-bear spread is up to +11.6 percentage points, turning positive for the first time since mid-February. This marks the end of a 9-week streak of bearish readings, the longest since March and May 2025. Retail investors are very bullish again.

Retail investor sentiment is improving:

46.0% of individual investors expressed bullish sentiment over the next 6 months in the AAII survey for the week ending April 23rd, the highest since mid-January.

This percentage has risen +15.4 points since the week ending March 19th.

Meanwhile, 34.4% of retail investors were bearish in the week ending April 23rd, the lowest reading since the first week of March.

As a result, the bull-bear spread is up to +11.6 percentage points, turning positive for the first time since mid-February.

This marks the end of a 9-week streak of bearish readings, the longest since March and May 2025.

Retail investors are very bullish again.