Week of Apr 20, 2026

The Hollow Gap was 0

Aligned. Big money vs. everyday traders, in one number.

The Hollow Gap
0
Big money
+41
Everyday traders
+41

Big money scored +41 and everyday traders +41, so the Hollow Gap was 0 (aligned). That was down 75 points from +75 the week before. The biggest move came from the AAII survey, -40 to +72. In the AAII survey, 46.0% of members were bullish and 34.4% bearish.

The four readings

ReadingScoreDetail
Hedge funds-17Leveraged funds net short 412,321 contracts
Asset managers+98Asset managers net long 1,014,927 contracts
AAII mood+72AAII: 46.0% bullish, 34.4% bearish (spread +11.6 pts)
Small traders+10Small traders net long 91,759 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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