Big money more bullish. Big money vs. everyday traders, in one number.
Big money scored +45 and everyday traders -6, so the Hollow Gap was +51 (big money more bullish). That was up 64 points from -13 the week before. The biggest move came from the AAII survey, +51 to -53. In the AAII survey, 31.7% of members were bullish and 43.6% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +6 | Leveraged funds net short 401,554 contracts |
| Asset managers | +83 | Asset managers net long 1,005,420 contracts |
| AAII mood | -53 | AAII: 31.7% bullish, 43.6% bearish (spread -11.9 pts) |
| Small traders | +40 | Small traders net long 101,797 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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