Bearish Sentiment in U.S. Stocks Persists for Fifth Consecutive Week

According to Odaily, a survey by the American Association of Individual Investors reveals that bearish sentiment towards U.S. stocks has exceeded 50% for the fifth consecutive week. Bespoke Investment Group notes that this marks the second-longest streak of continuous bearish sentiment since the survey began in 1987. Earlier this week, data from Goldman Sachs indicated that hedge funds have reached their highest net selling level of U.S. stocks in seven weeks, with short selling surpassing long buying.