AAII Sentiment Remains Neutral -- 63% cash recommended for traders

This short term indicator had recommended 8% cash, 

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

The Week Ending on December 23, 2020:

 = NEUTRAL

66.5.% of AAII Investors bullish

(was 62.3%

=  NEUTRAL

one week earlier)

Four  Week  Moving  Average: 

= NEUTRAL

65.3%  of AAII Investors bullish

(was 64.5%

=NEUTRAL

last week)

Recommended Portfolio Cash

percentage for short term traders: 

 = 63%

(was 61% 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 12/23/20: 

43.6% were Bullish 
   (was 43.4% in prior week)

34.4% were Neutral 
    (was 30.3%)

22.0% were Bearish 

    (was 26.3.%)

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