Everyday traders far more bullish. Big money vs. everyday traders, in one number.
Big money scored +19 and everyday traders +86, so the Hollow Gap was -66 (everyday traders far more bullish). That was down 18 points from -48 the week before. The biggest move came from small traders, +71 to +90. In the AAII survey, 42.5% of members were bullish and 30.0% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | -52 | Leveraged funds net short 415,904 contracts |
| Asset managers | +90 | Asset managers net long 961,339 contracts |
| AAII mood | +81 | AAII: 42.5% bullish, 30.0% bearish (spread +12.5 pts) |
| Small traders | +90 | Small traders net long 136,466 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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