Aligned. Big money vs. everyday traders, in one number.
Big money scored +56 and everyday traders +40, so the Hollow Gap was +16 (aligned). That was down 8 points from +24 the week before. The biggest move came from small traders, +17 to +79. In the AAII survey, 34.7% of members were bullish and 37.9% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +90 | Leveraged funds net short 280,446 contracts |
| Asset managers | +21 | Asset managers net long 948,481 contracts |
| AAII mood | 0 | AAII: 34.7% bullish, 37.9% bearish (spread -3.2 pts) |
| Small traders | +79 | Small traders net long 131,160 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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