Aligned. Big money vs. everyday traders, in one number.
Big money scored +27 and everyday traders +21, so the Hollow Gap was +7 (aligned). That was down 25 points from +32 the week before. The biggest move came from the AAII survey, -47 to +47. In the AAII survey, 39.7% of members were bullish and 37.6% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +75 | Leveraged funds net short 317,564 contracts |
| Asset managers | -21 | Asset managers net long 934,180 contracts |
| AAII mood | +47 | AAII: 39.7% bullish, 37.6% bearish (spread +2.1 pts) |
| Small traders | -6 | Small traders net long 110,054 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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