As of July 8, 2026 the NAAIM Exposure Index moved down to 82.95. Exposure index related readings are very close to what was recorded on July 5, 2023. Investment managers are still bullish.
July 8, 2026
Most Bearish Response: -50
Most Bullish Response: 200
Standard Deviation: 58.71
NAAIM Number: 82.95
July 5, 2023
Most Bearish Response: -50
Most Bullish Response: 200
Standard Deviation: 50.49
NAAIM Number: 83.11
S&P500 peak: July 27, 2023
Dow peak: July 27, 2023
NASDAQ 100 peak: July 19, 2023
Based on NAAIM readings, 5-Day Moving Average put/call option positions, etc., a decline would be expected to start later in the month of July.
Note that this information is for educational purposes only and not a recommendation.
Data source: NAAIM Exposure Index
