Big money far more bullish. Big money vs. everyday traders, in one number.
Big money scored +67 and everyday traders -61, so the Hollow Gap was +100 (big money far more bullish). That was up 50 points from +50 the week before. The biggest move came from hedge funds, +33 to +94. In the AAII survey, 33.6% of members were bullish and 51.4% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +94 | Leveraged funds net short 233,412 contracts |
| Asset managers | +40 | Asset managers net long 915,718 contracts |
| AAII mood | -89 | AAII: 33.6% bullish, 51.4% bearish (spread -17.8 pts) |
| Small traders | -33 | Small traders net long 75,377 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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