Monday, April 18, 2011


In one of the rarest occasions, next week's blog will be MIA, as I shall be incommunicado on vacation at Lake Tahoe, playing the real casino instead of the stock market. I'll have my trusty Droid to keep up with the markets, but will not be able to post Sentiment results.

Today's large drop only validates the Sentiment signals blaring out since the first of the year (see previous blogs). We have yet to break to a new high greater than February's and remain in a Trading Range.

Notable extremes include the VIX, at 15, but also the CBOE put/call ratio, high, at 64. The Investors' Intelligence Bull/Bear ratio remains wide (complacent), with the Bullish % toppy at 80%.

MktSentiment Last WeekPrev. Week 5 Yr HI 5 Yr LOW
S&P 500:131913281561683
CBOE Eq. put/call: 645796-10/0846-1/03
McClellan Osc:(16)(5)108(123)
McClellan Sum:5567361568(1514)
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AAII Bull:
AAII Bear:
US Equity-1 week lagn/a(.3B)
Money Market Flows2.3B8.3B

Baltic Dry Index:1296143011700663
Bullish %:
Insider Corporate Sellers:22:145:1198:12.4:1

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