Optimism among individual investors about the short-term direction of the stock market is at a six-week high, according to the latest AAII Sentiment Survey. Pessimism, however, is essentially unchanged from a week ago and remains above its historical average. Bullish sentiment, expectations that stock prices will rise over the next six months, jumped 5.4 percentage points to 38.5%. Pessimism remains above its historical average of 30.5% for the fifth time in six weeks. Rather, optimism had merely fluctuated within the lower half of its typical range before rebounding back to its historical average this week.

Source: Forbes February 24, 2017 15:53 UTC