AAII Sentiment Neutral -- 62% cash recommended for traders

  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 recommended  

between 0% and 8% cash,

from March 18, 2020, 

until October 28, 2020

 

The Week Ending on May 12, 2021:

 = NEUTRAL

57.5% of AAII Investors were bullish

(was 65.7% bullish

= NEUTRAL last week)

Four  Week  Moving  Average: 

= NEUTRAL

64.6% of AAII Investors were bullish

(was 67.4%

= NEUTRAL last week)

 

Recommended Portfolio Cash

percentage for short term traders: 

 = 62%

(was 69% cash last week)

 

 

For the WEEK

ending 5/12/21: 

36.5% were Bullish 
   (was 44.3% last week)

36.5% were Neutral 
    (was 32.5%)

27.0% were Bearish 

    (was 23.1%)

 

 

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.