Everyday traders more bullish. Big money vs. everyday traders, in one number.
Big money scored +22 and everyday traders +70, so the Hollow Gap was -48 (everyday traders more bullish). That was up 29 points from -77 the week before. The biggest move came from hedge funds, -87 to -44. In the AAII survey, 44.1% of members were bullish and 33.2% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | -44 | Leveraged funds net short 389,167 contracts |
| Asset managers | +87 | Asset managers net long 969,485 contracts |
| AAII mood | +68 | AAII: 44.1% bullish, 33.2% bearish (spread +10.9 pts) |
| Small traders | +71 | Small traders net long 131,148 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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