Friday, October 9, 2020

AAII Sentiment remains Bullish -- no cash (0%) recommended for traders

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



The Week Ending on October 7:

 = BULLISH 

33.5% of AAII Investors bullish
(was 37.8%
=  BULLISH
one week earlier)



Four  Week  Moving  Average: 

= BULLISH

37.7% of AAII Investors bullish
(was 37.5%
= BULLISH
last week)



Recommended
Portfolio Cash
percentage for
short term
stock traders: 0%
(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 10/7/20: 

34.7% were Bullish 
   (was 26.2% in prior week)

26.3% were Neutral 
    (was 30.7%)

39.0% were Bearish 
    (was 43.1%)



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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