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 recommended
between 0% and 8% cash,
from March 18, 2020,
until October 28, 2020
The Week Ending on May 19, 2021:
= NEUTRAL
58.5% of AAII Investors were bullish
(was 57.5% bullish
= NEUTRAL last week)
Four Week Moving Average:
= NEUTRAL
61.3% of AAII Investors were bullish
(was 64.6%
= NEUTRAL last week)
Recommended Portfolio Cash
percentage for short term traders:
= 53%
(was 62% cash last week)
For the WEEK
ending 5/19/21:
37.0% were Bullish
(was 36.5% last week)
(was 36.5% last week)
36.7% were Neutral
(was 36.5%)
(was 36.5%)
26.3% were Bearish
(was 27.0%)
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.
The four-week
moving average,
has much less
volatility than
weekly data.
Active traders
may prefer
the weekly data.
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