Aligned. Big money vs. everyday traders, in one number.
Big money scored -2 and everyday traders -6, so the Hollow Gap was +5 (aligned). That was up 10 points from -5 the week before. The biggest move came from the AAII survey, -81 to -34. In the AAII survey, 32.6% of members were bullish and 43.6% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | -29 | Leveraged funds net short 358,907 contracts |
| Asset managers | +25 | Asset managers net long 912,051 contracts |
| AAII mood | -34 | AAII: 32.6% bullish, 43.6% bearish (spread -11.0 pts) |
| Small traders | +21 | Small traders net long 97,441 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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