AAII Sentiment Neutral -- 29% cash recommended

Based on opinions of individual investors
from a www.aaii.com online survey.

The indicator is bearish (red) when individual investors are bullish. 
The indicator is bullish (green) when individual investors are bearish.
  ( I ignore all the “neutral” votes )






One  week  ending  June 22, 2017:
32.7%  bulls  (32.3% last week)  (historical average is 38.5%)

28.9%  bears (29.5% last week)  (historical average is 30.5%)
= Neutral  (Neutral last week)     
53.1% of AAII investors with an opinion are bullish (52.3% last week)

                            ( 50% to 70% is Neutral )






Four-Week  Average:
This is one of the seven page one EL stock market timing indicators

= Neutral  (Neutral last week)  
51.5% of AAII investors with an opinion are bullish (51.3% last week)

                              ( 50% to 70% is Neutral )


 



 Recomended portfolio cash position:
= 29%  (28% last week)  
Range is 0% cash (most bullish)
to 100% cash (most bearish)



 
EL  Back-to-Basics  Portfolio  
actual  cash  position: 

= approx. 65% cash  (65% last week)

 
I score the indicator to recommend
from 0% to 100% cash in a stock portfolio