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Updated · MarketWatch · May 7AAII survey shows bull-bear spread rising as bearish sentiment falls
11 articles · Updated · MarketWatch · May 7
- For the week ended Wednesday, bullish sentiment edged up to 38.3% from 38.1%, while neutral views jumped to 28.7%, the highest since 4 February.
- The spread widened to 5.3 percentage points as hopes for an end to the Iran war and strong corporate earnings made pessimists less certain.
- AAII also found investors remained wary on valuations: 44% said stocks were overvalued, while only 1.7% considered the market undervalued.
With the Magnificent 7 now lagging the market, is the AI-driven rally finally losing steam? Are warning signs like the Dow Theory divergence signaling an imminent correction despite strong earnings? AI spending is soaring but revenues lag. Are tech giants building the future or an unsustainable bubble?