Sunday, November 1, 2020

AAII Sentiment remains Moderately Bullish, 16% cash recommended for traders


 This short term indicator has recommended

8% cash, or less, from March 18, 2020, until this week:


The Week Ending on October 28:
 = NEUTRAL

50.0% AAII Investors bullish
(was 52.0%
=  NEUTRAL
one week earlier)



Four  Week  Moving  Average: 
= MODERATELY BULLISH
46.2% of AAII Investors bullish
(was 43.2%
= MODERATELY BULLISH
last week)
 


Recommended Portfolio Cash
percentage for short term trader
s:
 

= 16%
(was 8% 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 10/28/20: 

35.3% were Bullish 
   (was 35.8% in prior week)

29.4% were Neutral 
    (was 31.2%)

35.3% were Bearish 
    (was 33.0%)



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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