AAII Bull-Bear Spread
Bullish minus bearish share in the AAII survey.
-8.9%−6.0 percentage pointsAs of October 21, 2026
The bull-bear spread fell 6.0 percentage points to -8.9%. Second week down for a drop of 10.2 percentage points. Lowest level in three weeks.
Last two years
Source: AAII Investor Sentiment Survey.
Questions
What is the latest aaii bull-bear spread?
-8.9% as of October 21, 2026.
What does bull-bear spread measure?
Bullish minus bearish share in the AAII survey.
Why does it matter for markets?
Deeply negative spreads have historically marked better entry points than euphoric ones.
Where does the data come from and how often is it updated?
AAII Investor Sentiment Survey. This page refreshes automatically every week, within an hour of the source publishing.