AAII Sentiment is now Bullish -- 0% cash recommended for traders

The Four-Week Moving Average 

of this contrary opinion indicator,

is one the seven ECONOMIC LOGIC

U.S. stock market timing indicators.

It's the ONLY short-term indicator.

It recommends from 
0% to 100% cash 

in your trading portfolio.

Indicator Analysis:

   (  over 80% is Bearish )

( 71% to 80% is Moderately Bearish )

( 50% to 70% is Neutral )

( 40% to 49% is Moderately Bullish ) 

  ( under 40% is Bullish )

I prefer the four-week moving average 

because it has much less volatility

than weekly data.

Active traders may prefer weekly data.

For the week ending August 28, 2019:

26.1%  bulls  (26.6% last week) 

    (historical average is 38.5%)

42.2%  bears (39.7% last week) 

    (historical average is 30.5%)
= Bullish

( was Moderately Bullish last week )

38.2% of AAII investors were bullish

( was 40.1% last week )

Four  Week  Moving  Average:
Bullish

( was Moderately Bullish last week )

= 35.9% of AAII investors are bullish 

( was 41.7% last week )

Recommended  
portfolio  
cash percentage 
for  stock  traders 
= 0% cash

( was 4% cash last week )

The EL Back-to-Basics
Long  Term  
Investment  Portfolio  

actual  cash  position: 
= approximately 75% cash  

( was 75% cash last week )

Notes: 
This contrary indicator is bearish (red "ink") 

when individual AAII investors are bullish. 

This contrary indicator is bullish (green "ink") 

when individual AAII investors are bearish.

( I ignore all the “neutral” votes ).

Data Source:

https://www.aaii.com/sentimentsurvey