Market Sentiment - A Contrarian View

This Internet Blog attempts to exhibit the most meaningful Sentiment Indicators that we believe affect the performance of the market in different timeframes; most are Contrarian extremes suggesting that the majority has adopted a certain trend fully at the point at which it is about to reverse. Included are also comments about the Indicators and any other facts or ideas that are pertinent to market action. To Post comments,thanks to Haloscan, just click on "comments" and write away.

Contributors

Friday, October 2, 2009

EARLY EDITION -STILL IN PROGRESS

Below is a rough version of the Thursday close (before family vacation) in the new format process . Noticable extremes include the oversold McClellan Oscillator (Tom is bullish on the market due to extreme breadth and liquidity); on the flip side the Bullish per cent gave a 3-box SELL signal and the Investors Intelligence Bull/Bear ratio is complacent at 50+.
(Dow, Nasdaq and S&P updated to market close - gort3ster@gmail.com - in Brent's absence - comments/email on format change welcome)

MktSentiment
10/02/2009
Prev. Week
5 Year HI
5 Year LOW





DJIA:
9488
9665
14093
6626
Nasdaq:

2048
2090
2126
1114
S&P 500:

1025
1044
1561
683
CBOE Eq. put/call:
74
61
96-10/08
46-1/03
VIX:

28.3
25.6
90
8.8
McClellan Osc:
-68
-43
108
-100
McClellan Sum:

1290
1426
1568
-1514
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Investors Intel.




Bull:

50.6
46.7
63
22.21
Bear:

23.6
24.4
54.4
16
AAII




Bull:




Bear:




Nova/Ursa Mutual Funds:

0.94
0.86
2.2
0.56
Baltic Dry Index:
2284
2163
11700
663
Bullish %:
82
86
88
2
Insider Corporate Sellers:
n/a
54:1
108:1
2.4:1
Mutual Fund Inflows:
-1.1B
-0.3B


ETF Inflows:
1.5B
1.5B


posted by Brent Leonard | 8:30 AM