Big money more bullish. Big money vs. everyday traders, in one number.
Big money scored -2 and everyday traders -46, so the Hollow Gap was +45 (big money more bullish). That was down 44 points from +89 the week before. The biggest move came from hedge funds, +83 to +17. In the AAII survey, 32.7% of members were bullish and 48.1% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +17 | Leveraged funds net short 375,574 contracts |
| Asset managers | -21 | Asset managers net long 934,455 contracts |
| AAII mood | -72 | AAII: 32.7% bullish, 48.1% bearish (spread -15.4 pts) |
| Small traders | -21 | Small traders net long 104,348 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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