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
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.