Today’s Chart of the Day was shared by Willie Delwiche (@WillieDelwiche). This week's AAII Sentiment Survey results showed only 16% of respondents are bullish on the Stock Market. That's the lowest percentage of bulls in nearly 30 years! In a comment to The Chart Report, Willie said, "Sentiment is contrarian in nature, especially at extremes, and this is certainly an extreme. However, it's important to view sentiment as more of a condition underlying the market, rather than a catalyst for a move."
Chart of the Day - Thursday, April 14th, 2022
April 14, 2022
