Aligned. Big money vs. everyday traders, in one number.
Big money scored 0 and everyday traders +14, so the Hollow Gap was -13 (aligned). That was up 22 points from -35 the week before. The biggest move came from the AAII survey, +34 to -17. In the AAII survey, 33.2% of members were bullish and 39.8% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | -98 | Leveraged funds net short 475,380 contracts |
| Asset managers | +98 | Asset managers net long 1,013,144 contracts |
| AAII mood | -17 | AAII: 33.2% bullish, 39.8% bearish (spread -6.6 pts) |
| Small traders | +44 | Small traders net long 121,987 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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