AAII Sentiment Neutral -- 32% 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 5, 2018:

31.9%  bulls  (31.9% last week)  (historical average is 38.5%)


36.6%  bears (35.3% last week)  (historical average is 30.5%)
= Moderately Bullish ( = was Moderately Bullish last week )

46.6% of AAII investors with an opinion are bullish (47.5% last week)


          ( 50% to 70% is Neutral )





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

= Neutral

( was Neutral last week )

52.8% of AAII investors with an opinion are bullish (53.2% last week)


            ( 50% to 70% is Neutral )


 

 Recomended portfolio 
cash position:

= 32%

( was 33% last week )

 
EL  Back-to-Basics  Portfolio  

actual  cash  position: 


= 78% cash  
( same as last week )



Note: 
I score this indicator 
to recommend

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