Individual Investors Indecisive

Today's release of sentiment figures from the American Association of Individual Investors (AAII) shows that sentiment is more mixed than it has been in recent memory.  While there was little in the way of moves in either direction this week, the percentage of bullish and bearish investors is exactly identical at 31.12%.  This is the first time in more than four years (May 2010) that bullish and bearish sentiment have been the same.  Between stronger than expected earnings and GDP data on one hand, and the potential for a tighter Fed and geo-political concerns on the international front, investors just can't seem to make up their mind in either direction.