StressSignal Risk Desk

Sentiment and positioning

AAII is closer to a retail sentiment thermometer. NAAIM is closer to actual active-manager exposure. Together they separate real optimism, fake optimism, and real caution.

Read words and exposure together

Survey data tells you how people feel. Exposure data tells you whether risk was actually cut. A divergence is often more useful than either number alone.

Disclaimer: this page is for market observation only, not investment advice. Risk note: indicators help you observe market conditions. They are not trading advice. Always add context, events, and position risk.

Sentiment and positioning

Read words and exposure together

Sentiment and positioning

Read words and exposure together

Sentiment snapshot

AAII Bullish

AAII Bearish

AAII Neutral

AAII Bull-Bear Spread

NAAIM Exposure

NAAIM Exposure 4W MA

AAII and NAAIM

Data update note

Sentiment snapshot

AAII Bullish

AAII Bearish

AAII Neutral

AAII Bull-Bear Spread

NAAIM Exposure

NAAIM Exposure 4W MA

AAII and NAAIM

Data update note

Shortest reading path

Start with Bull-Bear Spread

Check NAAIM

Finish with the 4W average

Data series