AAII Sentiment remains Moderately Bullish -- 7% cash recommended for traders

This short term indicator
has recommended
8% cash, or less,
since March 18, 2020:


The Week Ending on September 3:
= MODERATELY BULLISH
42.4 % of AAII Investors bullish
(was 44.8%
= MODERATELY  BULLISH
one week earlier)


Four  Week  Moving  Average:
= MODERATELY  BULLISH
42.7% of AAII Investors bullish
(was 40.3%
= MODERATELY BULLISH
last week)


Recommended
Portfolio Cash
percentage for
short term
stock traders: 
7%
(was 1% 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 9/3/20:
30.8% were Bullish 
   (was 32.1% in prior week)

27.4% were Neutral 
    (was 28.3%)
 
41.8% were Bearish 
    (was 39.6%)



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 )


This short term
indicator recommends
from 0% to 100% cash
in a stock portfolio,
based on an online survey
of individual investors.

This is a short term
contrary opinion
market timing indicator:
-- It is bullish when
AAII individual
investors are bearish,
and vice versa.

The four-week
moving average,
has much less
volatility than
weekly data.

Active traders
may prefer
the weekly data.

Data Source:
https://www.aaii.com/sentimentsurvey