Week of Nov 10, 2025

The Hollow Gap was -5

Aligned. Big money vs. everyday traders, in one number.

The Hollow Gap
-5
Big money
-31
Everyday traders
-26

Big money scored -31 and everyday traders -26, so the Hollow Gap was -5 (aligned). That was up 55 points from -60 the week before. The biggest move came from the AAII survey, +43 to -81. In the AAII survey, 31.6% of members were bullish and 49.2% bearish.

The four readings

ReadingScoreDetail
Hedge funds-75Leveraged funds net short 423,003 contracts
Asset managers+13Asset managers net long 903,326 contracts
AAII mood-81AAII: 31.6% bullish, 49.2% bearish (spread -17.6 pts)
Small traders+29Small traders net long 105,039 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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