Data Source:
This short term indicator had recommended 8% cash,
or less, from March 18, 2020, until October 28, 2020
The Week Ending on December 30, 2020:
= NEUTRAL
63.2% of AAII Investors bullish
(was 66.5%
= NEUTRAL
one week earlier)
Four Week Moving Average:
= NEUTRAL
64.0% of AAII Investors bullish
(was 65.3%
=NEUTRAL
last week)
Recommended Portfolio Cash
percentage for short term traders:
= 60%
(was 63% 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 12/30/20:
46.1% were Bullish
(was 43.6% in prior week)
(was 43.6% in prior week)
27.1% were Neutral
(was 34.4%)
(was 34.4%)
26.8% were Bearish
(was 22.0%)
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.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.