AAII and II Sentiment Update

  🐂📈Kirk Lindstrom's Investor Bull/Bear Sentiment Charts for 11/2/23 📉🐻

Bob Brinker was the first radio host I knew who spoke of applying contrarian theory to investor sentiment.  There is an old Wall Street adage, "Buy when there is blood in the streets" but Brinker gets kudos for bringing this theory to the small, individual investor. 

Reminder, you can follow this feed (subscribe for free) and get sent emails by Google when I post new charts and articles here. Just click "Follow" below.

11/2/23 Notes:

• There is a large divergence between professional newsletter writers (II) and individual investors (AAII) sentiment.
• II is "neutral" but its decline is large enough to support another rally.
• AAII below negative 20% is bullish for contrarians

II Investors Intelligence & AAII (American Association of Individual Investors) Sentiment Updates.

Graphs below best viewed in full screen mode.

II Bulls and Bears Sentiment Graphs

AAII Bulls and Bears Sentiment Graphs: The AAII Investor Sentiment Survey measures the percentage of individual investors who are bullish, bearish, and neutral on the stock market for the next six months.

These charts are covered on page 6 of my newsletter with updates during the year for what the different types of sentiment charts mean to me. This is an easy place to give my subscribers updates of charts too numerous to add each month I cover.

To see what stocks and ETFs are in my "Explore Portfolio" and get a full list of on my price targets to both take profits or buy more:

 Subscribe NOW  and get
the November 2023 Issue for FREE!!! 
(If you mention this ad)

Bob Brinker Closing Marketimer Newsletter

 Here is a copy of an email forwarded by a friend and subscriber to my newsletter. 

A friend forwarded this to me, thought you might be interested.  I know you’re no fanboy, but still, goes way back.

Received this in today's mail:

"Due to personal reasons, the Marketimer Investment Letter is closing.  The June 2023 edition was our final issue.

Enclosed is a refund for the remaining balance of your subscription.

Thank you for your support over the last four decades."

Hopefully Bob is well and wants to spend his twilight years with his family in full retirement. 

After missing yet another bear market last year leading to 15-years of underperformance, he may not have had enough subscribers to pay the bills for a newsletter that came in the mail.

If you are looking for a "more modern" newsletter that covers stocks, ETFs, fixed income and Bonds, then give Kirk Lindstrom's Investment Letter a try. 

To see what stocks, ETFs and fixed income investments are in my "Explore Portfolio" and get a full list of on my price targets to take profits or buy more:

 Subscribe NOW  and get
the June 2023 Issue for FREE!!! 
(If you mention this ad)

More about Series I Bonds

• Composite Rates for Older Series I Bonds
  
  
• Current iBond Rates     
  
  
• Historical iBond Rates

 

Market Update for March 31, 2023

 

Market Update for March 31, 2023

Five of twelve months into 2023, we have a split market with the Dow and the Russell 2000 indexes down while the S&P 500 and the Nasdaq indexes are up.

All four market indexes remain down double digits from their ATHs (All Time Highs) also summarized in the same table.

S&P 500 Stocks YTD Heat Map where the size of the boxes represents the market capitalization (share price times shares outstanding) .  Meta, AKA Facebook, more than doubled during the first five months of 2023.

My Results YTD are Impressive if I may say so myself...

• I'm roughly matching SPY YTD with only 57% in the markets AND I'm only 6.6% below my record high!
• My Explore Portfolio stocks on their own are up roughly 15.8% YTD!
• Over the long term, I've smashed the index which very, very few have done.

The best news, that my long-term subscribers are well aware of, is my mix of stocks (as opposed to Warren Buffets for example) are generally leading market indicators. That is they start going up early in bull markets, probably because they are mostly "picks and shovels" companies. Likewise, they start to go down while everyone else thinks the markets should keep going higher. Knowing this helps me improve my overall returns by being more or less aggressive buying dips or taking profits depending on where we are in the cycle.

To see what stocks and ETFs are in my "Explore Portfolio" and get a full list of on my price targets to both take profits or buy more:

 Subscribe NOW  and get
the May 2023 Issue for FREE!!! 
(If you mention this ad)

Dow vs Oscillators

These wide images are best views in full screen