AAII sentiment Moderately Bullish -- 18% 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  April 19, 2018:

37.8%  bulls  (26.1% last week)  (historical average is 38.5%)


29.2%  bears (42.8% last week)  (historical average is 30.5%)
= Neutral
( was Bullish last week )

56.4% of AAII investors with an opinion are bullish 
( was 37.9% last week )
        ( 50% to 70% is Neutral )

         





Four-Week  Average:
This is one of the seven page one 
EL stock market timing indicators.
It is the ONLY short-term timing indicator
= Moderately Bullish
( was Moderately Bullish last week )

47.1% of AAII investors with an opinion are bullish 
( was 46.5% last week )
        ( 50% to 70% is Neutral )


 

         

Recomended portfolio 
cash position:
= 18%

( was 16% last week )

EL  Back-to-Basics  Portfolio  

actual  cash  position: 


= 86% cash  
( was 78% cash last week )





Note: 
I score this short-term indicator 
to recommend from

0% cash (most bullish), to
100% cash (most bearish).