AAII Sentiment remains Bullish -- 0% cash recommended for tradrers

 Data Source:

 https://www.aaii.com/sentimentsurvey/sent_results

 

This is the only short term market timing indicator I track, of the seven market timing indicators I follow, which I update in the first week of every month. The last update had declined to Moderately Bearish here: https://el2017.blogspot.com/2022/02/economic-logic-stock-market-timing.html

 

AAII Sentiment does NOT tell us if we are in a bull market or a bear market. It just tells traders if buying stocks today is a good idea for the next week. This 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 16, 2022: 

= BULLISH

30.8% of AAII Investors were bullish

(was 40.7% bullish = MODERATELY  BULLISH last week)

 

Four  Week  Moving  Average: 

= BULLISH

34.9% of AAII Investors were bullish

(was 35.0% bullish = BULLISH last week)

 

 

Recommended Portfolio Cash

percentage for short term traders: 

 = 0%

(was 0% cash last week)

 

 

Data for the week ending 2/16/22: 

19.2% were Bullish (lowest since 1/13/16)
   (was 24.4% last week)

37.6% were Neutral 
    (was 40.2%)

43,2% were Bearish 

    (was 35.5%)

 

 

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 )