Data Source:
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
The Week Ending on March 30, 2021:
= NEUTRAL
66.4% of AAII Investors bullish
(was 71.2.%
= MODERATELY BEARISH
last week)
Four Week Moving Average:
= NEUTRAL
68.2% of AAII Investors bullish
was 67.0%
= NEUTRAL last week)
Recommended Portfolio Cash
percentage for short term traders:
= 71%
(was 68% cash last week)
For the WEEK
ending 3/30/21:
45.8% were Bullish
(was 50.9% last week)
(was 50.9% last week)
31.0% were Neutral
(was 28.5%)
(was 28.5%)
23.2% were Bearish
(was 20.6%)
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.
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