Aligned. Big money vs. everyday traders, in one number.
Big money scored -27 and everyday traders -10, so the Hollow Gap was -16 (aligned). That was up 44 points from -60 the week before. The biggest move came from the AAII survey, +38 to +4. In the AAII survey, 38.7% of members were bullish and 41.6% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | -17 | Leveraged funds net short 408,726 contracts |
| Asset managers | -37 | Asset managers net long 915,835 contracts |
| AAII mood | +4 | AAII: 38.7% bullish, 41.6% bearish (spread -2.9 pts) |
| Small traders | -25 | Small traders net long 106,328 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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