Big money far more bullish. Big money vs. everyday traders, in one number.
Big money scored +6 and everyday traders -82, so the Hollow Gap was +89 (big money far more bullish). That was up 119 points from -30 the week before. The biggest move came from small traders, +52 to -67. In the AAII survey, 28.8% of members were bullish and 53.3% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +83 | Leveraged funds net short 293,143 contracts |
| Asset managers | -71 | Asset managers net long 904,684 contracts |
| AAII mood | -98 | AAII: 28.8% bullish, 53.3% bearish (spread -24.5 pts) |
| Small traders | -67 | Small traders net long 91,270 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.
Our partner communities discuss this stuff every day.