AAII Sentiment: 4 wk. average still Neutral, latest week is now Moderately Bearish -- 68% cash recommended for traders

Four week average 

= 67.0% Neutral

was 65.6% Neutral last week

Latest week 

= 71.2% Moderately Bearish

declined from 67.4% Neutral last week

 

  Note: 50% to 70% is Neutral

 

Recommended cash for traders is 68%, 

increased from 64% last week

     

For the WEEK

ending 3/24/21: 

50.9% were Bullish 
   (was 48.9% last week)

28.5% were Neutral 
    (was 27.5%)

20.6% were Bearish 

    (was 23.6%)

Data Source:

https://www.aaii.com/sentimentsurvey/sent_results

 

This is a short term

contrary opinion

market timing indicator:

-- It is bullish

when AAII individual

investors are bearish,

and vice versa.

 

This indicator 

had recommended  

between 0% and 8% cash,

from March 18, 2020, 

until October 28, 2020

 

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.

 

The four-week

moving average,

has much less

volatility than

weekly data.

 

Active traders

may prefer

the weekly data.