Aligned. Big money vs. everyday traders, in one number.
Big money scored -25 and everyday traders -35, so the Hollow Gap was +10 (aligned). That was down 35 points from +45 the week before. The biggest move came from asset managers, -21 to -71. In the AAII survey, 34.6% of members were bullish and 46.5% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +21 | Leveraged funds net short 372,489 contracts |
| Asset managers | -71 | Asset managers net long 904,003 contracts |
| AAII mood | -53 | AAII: 34.6% bullish, 46.5% bearish (spread -11.9 pts) |
| Small traders | -17 | Small traders net long 107,218 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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