Retail investor sentiment slides to six-month low in latest AAII survey
Bearish opinion climbed 6.7 points to 48.4%, and is above its historical average of 31.0% for the 64th week out of the past 69. Why's this good for contrarians? AAII says that historically the S&P 500 has gone on to post above-average and above-median returns during the six- and 12-months following unusually low bullish readings and high bearish readings.
Opportunity to buy buy buy
When the banks insult the customers paying 0.00000001% interest when major brokers are giving them 4%+ for cash in their accounts it's hard to feel bad for banks that go bust.
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