Big money far more bullish. Big money vs. everyday traders, in one number.
Big money scored +14 and everyday traders -46, so the Hollow Gap was +60 (big money far more bullish). That was up 38 points from +22 the week before. The biggest move came from asset managers, +94 to +6. In the AAII survey, 31.9% of members were bullish and 46.4% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +21 | Leveraged funds net short 349,989 contracts |
| Asset managers | +6 | Asset managers net long 898,852 contracts |
| AAII mood | -68 | AAII: 31.9% bullish, 46.4% bearish (spread -14.5 pts) |
| Small traders | -25 | Small traders net long 77,383 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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