AAII Sentiment declined to Neutral -- 29% cash recommended for traders

 This short term indicator had recommended 8% cash, 

or less, from March 18, 2020, until October 28, 2000

 

The Week Ending on November 4, 2020:

 = NEUTRAL

54.6% of AAII Investors bullish
(was 50.0%
=  NEUTRAL
one week earlier)

Four  Week  Moving  Average: 

= NEUTRAL

51.5%  of AAII Investors bullish

(was 46.2%

= MODERATELY BULLISH

last week)

 

Recommended Portfolio Cash

percentage for short term traders: 

 = 29%

(was 16% 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 11/4/20: 

38.0% were Bullish 
   (was 35.3% in prior week)

30.6% were Neutral 
    (was 29.4%)

31.5% were Bearish 
    (was 35.3%)


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