Big money more bullish. Big money vs. everyday traders, in one number.
Big money scored +52 and everyday traders +15, so the Hollow Gap was +37 (big money more bullish). That was up 105 points from -68 the week before. The biggest move came from hedge funds, -98 to +60. In the AAII survey, 31.4% of members were bullish and 42.3% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +60 | Leveraged funds net short 360,469 contracts |
| Asset managers | +44 | Asset managers net long 976,189 contracts |
| AAII mood | -30 | AAII: 31.4% bullish, 42.3% bearish (spread -10.9 pts) |
| Small traders | +60 | Small traders net long 125,326 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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