This short term indicator
has recommended
8% cash, or less,
since March 18, 2020:
The Week Ending on September 9:
= BULLISH
32.7% of AAII Investors bullish
(was 42.4%
= MODERATELY BULLISH
one week earlier)
Four Week Moving Average:
= MODERATELY BULLISH
40.4% of AAII Investors bullish
(was 42.7%
= MODERATELY BULLISH
last week)
Recommended
Portfolio Cash
percentage for
short term
stock traders:
1%
(was 7% 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 9/9/20:
23.7% were Bullish
(was 30.8% in prior week)
27.8% were Neutral
(was 27.4%)
48.5% were Bearish
(was 41.8%)
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
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