AAII Sentiment remains bullish (since March 18, 2020) -- 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.

For ONE WEEK 

ending 7/29/20:

20.2% were Bullish  (was 26.1% last week)

31.3% were Neutral  (was 27.1%)

48.5% were Bearish  (was 46.8%)

LAST WEEK 29.4% 

of AAII Investors

were bullish on

an online survey

Rating = BULLISH

(was 35.8% 

= BULLISH 

one week earlier)

The FOUR WEEK 

moving average

is 36.1% bullish 

Rating = BULLISH

(was 36.9% 

= 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)

( with % cash based on all 

seven Economic Logic 

stock timing indicators)

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 weekly data.

Data Source:

https://www.aaii.com/sentimentsurvey