The market continued its late-year run, driving market indexes such as the S&P 500 near two-year highs. The S&P 500 has now gone seven consecutive weeks without a loss, which, in turn, has fueled investor optimism. In fact, bullishness among AAII members reached a high for 2010 on December 23, 2010, at 63.3%, which was also the highest reading since 2004. In addition, the spread between bullish and bearish sentiment has been above 20% for the last seven weeks and also reached its 2010 maximum on December 23, 2010, at 46.9%.
Results as of January 6, 2011:
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