Everyday traders far more bullish. Big money vs. everyday traders, in one number.
Big money scored -38 and everyday traders +38, so the Hollow Gap was -76 (everyday traders far more bullish). That was down 34 points from -42 the week before. The biggest move came from the AAII survey, -9 to +55. In the AAII survey, 44.0% of members were bullish and 36.9% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | -87 | Leveraged funds net short 448,721 contracts |
| Asset managers | +10 | Asset managers net long 906,797 contracts |
| AAII mood | +55 | AAII: 44.0% bullish, 36.9% bearish (spread +7.1 pts) |
| Small traders | +21 | Small traders net long 98,265 contracts |
Scores run from -100 to +100: each reading is ranked against its own previous 52 weeks. Big money averages hedge funds and asset managers; everyday traders averages AAII mood and small traders. CFTC positions are as of that week's Tuesday; the AAII survey closes that Wednesday. A gauge, not a forecast. New to this? Read what the AAII survey is and how to read the COT report.
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