Aligned. Big money vs. everyday traders, in one number.
Big money scored +23 and everyday traders +36, so the Hollow Gap was -13 (aligned). That was down 13 points from 0 the week before. The biggest move came from hedge funds, -17 to -52. In the AAII survey, 39.3% of members were bullish and 36.6% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | -52 | Leveraged funds net short 432,438 contracts |
| Asset managers | +98 | Asset managers net long 1,054,872 contracts |
| AAII mood | +51 | AAII: 39.3% bullish, 36.6% bearish (spread +2.7 pts) |
| Small traders | +21 | Small traders net long 96,023 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.
Our partner communities discuss this stuff every day.