Data Source:
This is the only short term market timing indicator I track, of the seven market timing indicators I follow, which I update once a month. The last update was Neutral, here:
AAII Sentiment does NOT tell if we are in a bull market or a bear market. It just tells traders if buying stocks today is a good idea for next week. The weekly indicator can change a lot in one week. It is a contrary opinion sentiment indicator, so it is bullish when AAII individual investors are bearish, and vice versa, recommending from 0% to 100% cash in a common stock portfolio. Based on market sentiment from an anonymous online poll of members of the American Association of Individual Investors (AAII). The four-week moving average has much less volatility than weekly data, but active stock traders should prefer the weekly data.
Week Ending on February 2, 2022:
= BULLISH
37.7% of AAII Investors were bullish
(was 30.4% bullish = BULLISH last week)
Four Week Moving Average:
= BULLISH
34.6% of AAII Investors were bullish
(was 37.6% bullish = BULLISH last week)
Recommended Portfolio Cash
percentage for short term traders:
= 0%
(was 0% cash last week)
Data for the week ending 2/2/22:
26.5% were Bullish
(was 23.1% last week)
(was 23.1% last week)
29.9% were Neutral
(was 23.9%)
(was 23.9%)
43.7% were Bearish
(was 52.9%)
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 )
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