Aligned. Big money vs. everyday traders, in one number.
Big money scored -29 and everyday traders -21, so the Hollow Gap was -8 (aligned). That was up 8 points from -16 the week before. The biggest move came from asset managers, -37 to -79. In the AAII survey, 36.9% of members were bullish and 45.8% bearish.
| Reading | Score | Detail |
|---|---|---|
| Hedge funds | +21 | Leveraged funds net short 371,245 contracts |
| Asset managers | -79 | Asset managers net long 901,377 contracts |
| AAII mood | -21 | AAII: 36.9% bullish, 45.8% bearish (spread -8.9 pts) |
| Small traders | -21 | Small traders net long 108,749 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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