Week of Nov 3, 2025

The Hollow Gap was -60

Everyday traders far more bullish. Big money vs. everyday traders, in one number.

The Hollow Gap
-60
Big money
-28
Everyday traders
+32

Big money scored -28 and everyday traders +32, so the Hollow Gap was -60 (everyday traders far more bullish). That was up 16 points from -76 the week before. The biggest move came from hedge funds, -87 to -63. In the AAII survey, 38.0% of members were bullish and 36.3% bearish.

The four readings

ReadingScoreDetail
Hedge funds-63Leveraged funds net short 405,386 contracts
Asset managers+6Asset managers net long 900,657 contracts
AAII mood+43AAII: 38.0% bullish, 36.3% bearish (spread +1.7 pts)
Small traders+21Small traders net long 98,121 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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