Week of Mar 23, 2026

The Hollow Gap was +50

Big money more bullish. Big money vs. everyday traders, in one number.

The Hollow Gap
+50
Big money
+8
Everyday traders
-41

Big money scored +8 and everyday traders -41, so the Hollow Gap was +50 (big money more bullish). That was unchanged from the week before. The biggest move came from small traders, +21 to +2. In the AAII survey, 32.1% of members were bullish and 49.8% bearish.

The four readings

ReadingScoreDetail
Hedge funds+33Leveraged funds net short 344,127 contracts
Asset managers-17Asset managers net long 878,391 contracts
AAII mood-85AAII: 32.1% bullish, 49.8% bearish (spread -17.7 pts)
Small traders+2Small traders net long 84,212 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.

Talk positioning with other traders

Our partner communities discuss this stuff every day.

Explore communities