Everyday traders more bullish. Big money vs. everyday traders, in one number.
Big money scored 0 and everyday traders +36, so the Hollow Gap was -35 (everyday traders more bullish). That was up 25 points from -60 the week before. The biggest move came from the AAII survey, +64 to +34. In the AAII survey, 38.5% of members were bullish and 38.1% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | -56 | Leveraged funds net short 423,704 contracts |
| Asset managers | +56 | Asset managers net long 924,696 contracts |
| AAII mood | +34 | AAII: 38.5% bullish, 38.1% bearish (spread +0.4 pts) |
| Small traders | +37 | Small traders net long 118,008 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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