AAII Sentiment remains Neutral -- 49% 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 had recommended  

very little cash (between 0% and 8%),

from March 18, 2020 to October 28, 2020

 

 

Week Ending on July 21, 2021:

 = NEUTRAL

50.0% of AAII Investors were bullish

(was 57.5% bullish

= NEUTRAL last week)

Four  Week  Moving  Average: 

= NEUTRAL

59.4% of AAII Investors were bullish

(was 62.7%

= NEUTRAL last week)

 

Recommended Portfolio Cash

percentage for short term traders: 

 = 49%

(was 57% cash last week)

 

 

Data for the Week

ending 7/21/21: 

30.6% were Bullish 
   (was 36.2% last week)

38.7% were Neutral 
    (was 37.0%)

30.6% were Bearish 

    (was 26.8%)

 

 

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 bullish and

bearish sentiment,

from 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.