AAII Sentiment remains Bullish -- 0% cash recommended for traders

This indicator recommends 

from 0% to 100% cash 

in a stock trading portfolio,

based on a survey 

of individual investors.

This indicator 

has recommended 

8% cash, or less, 

for active traders, 

since March 18, 2020.

This is a contrary opinion

indicator --  so would be 

bullish when AAII individual

investors are bearish,

and vice versa.

LAST WEEK 

= MODERATELY BULLISH

41.6 % of AAII Investors

were bullish on a survey

(was 32.9% 

= BULLISH 

one week earlier)

The FOUR WEEK 

moving average

= BULLISH

34.9% of AAII Investors 

were bullish on a survey

(was 34.6% 

= BULLISH 

last week)

Recommended Portfolio

Cash for active traders:

0% (no cash)

(was 0% cash 

last week)

My own

LONG-TERM

Stock Portfolio:

100% cash

(was 100% cash last week)

( % cash based on all 

seven Economic Logic 

stock timing indicators)

For the WEEK 

ending 8/12/20:

30.0% were Bullish  

   (was 23.3% in prior week)

27.8% were Neutral  

    (was 29.7%)

42.1% were Bearish  

    (was 42.6%)

AAII  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 

the weekly data.

Data Source:

https://www.aaii.com/sentimentsurvey