The strong market results, which are reaching record numbers, seem to have an effect upon Affluent investors, according to a research by Spectrem Group.

The Spectrem Affluent Investor Confidence Index (SAICI) gained 5 points in November for a reading of 1, while the Spectrem Millionaire Investor Confidence Index (SMICI) improved 2 points to 10, the second-highest reading in the past 10 months.

The indices measure the investment confidence and outlook of households with more than US$500,000 of investables and more than US$1 million of investable assets, respectively. Both have improved dramatically in the past 12 months. The SAICI in November 2012 was -13, while the SMICI was -6.

For Affluent investors, the market, which continued to rise in November, seemed to trump less encouraging news stories that had implications for the economy and their portfolios.

The battle over the health care issue, including endless stories about the poor preparation of the government’s ACA website, was the story most influencing the investor’s attitudes.

The market, which reached unprecedented highs in November, is inspiring Affluent investors to move off the sidelines. Overall, there were gains in stocks, stock mutual funds and real estate, led by non-Millionaires, who reported double-digit gains in Stocks and Stock Mutual Funds.

The robust market has done wonders for the Spectrem Affluent Household Outlook, a monthly measure of Affluent investor confidence in four factors that impact their daily lives. The Outlook, which had fallen over 13 points in October, rebounded strongly in November.