US Retail Traders Turn Bullish for the First Time Since April
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The ongoing rebound across US equities is making retail investors bullish for the first time since April as traders snap up shares of last year’s biggest losers amid hopes that the Federal Reserve interest-rate-hiking cycle is near its peak.
The closely watched bull-bear spread from the weekly American Association of Individual Investors (AAII) survey rose to 12.5 from -4.7 a week earlier. The percentage of investors with a bearish view over the next six months fell to 25%, the lowest since November 2021.