Big money more bullish. Big money vs. everyday traders, in one number.
Big money scored +50 and everyday traders +18, so the Hollow Gap was +32 (big money more bullish). That was down 6 points from +38 the week before. The biggest move came from the AAII survey, -4 to -47. In the AAII survey, 32.9% of members were bullish and 44.5% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +79 | Leveraged funds net short 315,204 contracts |
| Asset managers | +21 | Asset managers net long 953,228 contracts |
| AAII mood | -47 | AAII: 32.9% bullish, 44.5% bearish (spread -11.6 pts) |
| Small traders | +83 | Small traders net long 132,059 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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