---
title: Sentiment is turning bullish. Bears in the AAII sentiment poll moved from over 50% to under 20% during November
description: "This is the lowest bearish % since Jan 2018 (which followed 2017's record 12 straight up months).\nWhat changed?\nPrices. The S&P 500 gained 8.9% in November, one of its best months ever. $SPX\nSource: Charlie Bilello"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Sentiment is turning bullish. Bears in the AAII sentiment poll moved from over 50% to under 20% during November](https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-c4b5c32d)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Dec 4, 2023, 9:51:04 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-c4b5c32d)

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