Big money more bullish. Big money vs. everyday traders, in one number.
Big money scored +40 and everyday traders -8, so the Hollow Gap was +48 (big money more bullish). That was up 91 points from -43 the week before. The biggest move came from the AAII survey, +77 to -64. In the AAII survey, 29.6% of members were bullish and 42.3% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +90 | Leveraged funds net short 322,865 contracts |
| Asset managers | -10 | Asset managers net long 929,159 contracts |
| AAII mood | -64 | AAII: 29.6% bullish, 42.3% bearish (spread -12.7 pts) |
| Small traders | +48 | Small traders net long 123,703 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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