Aligned. Big money vs. everyday traders, in one number.
Big money scored -4 and everyday traders +16, so the Hollow Gap was -19 (aligned). That was down 70 points from +51 the week before. The biggest move came from hedge funds, +6 to -83. In the AAII survey, 35.6% of members were bullish and 41.9% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | -83 | Leveraged funds net short 457,780 contracts |
| Asset managers | +75 | Asset managers net long 1,003,607 contracts |
| AAII mood | -13 | AAII: 35.6% bullish, 41.9% bearish (spread -6.3 pts) |
| Small traders | +44 | Small traders net long 110,902 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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