Data Source:
This is a contrary opinion
short term
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 August 25, 2021:
= NEUTRAL
54.5% of AAII Investors were bullish
(was 48.6% bullish
= MODERATELY BULLISH last week)
Four Week Moving Average:
= NEUTRAL
52.6% of AAII Investors were bullish
(was 54.0%
= NEUTRAL last week)
Recommended Portfolio Cash
percentage for short term traders:
= 32%
(was 35% cash last week)
Data for the Week
ending 8/25/21:
39.6% were Bullish
(was 33.2% last week)
(was 33.2% last week)
27.5% were Neutral
(was 31.7%)
(was 31.7%)
33.0% were Bearish
(was 35.1%)
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 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.
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