Big money more bullish. Big money vs. everyday traders, in one number.
Big money scored +50 and everyday traders +24, so the Hollow Gap was +27 (big money more bullish). That was down 10 points from +37 the week before. The biggest move came from the AAII survey, -30 to +26. In the AAII survey, 36.3% of members were bullish and 37.2% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +60 | Leveraged funds net short 361,875 contracts |
| Asset managers | +40 | Asset managers net long 970,592 contracts |
| AAII mood | +26 | AAII: 36.3% bullish, 37.2% bearish (spread -0.9 pts) |
| Small traders | +21 | Small traders net long 109,354 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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