Despite the horrendous volatility last week, the Sentiment Indicators were much more benign than the previous week: Although the McClellan Oscillator dropped to its floor, minus 42, the Summation actually rose. Newsletter surveys, which come out midweek, were stable, but the VIX broke above 40 again, a bottoming signal at some point. Money left equity mutual funds into MMFunds.
Here are the numbers:
| MktSentiment | Last Week | Prev. Week | 5 Yr HI | 5 Yr LOW |
| DJIA: | 10817 | 11269 | 14093 | 6626 |
| Nasdaq: | 2341 | 2507 | 2861 | 1114 |
| S&P 500: | 1123 | 1178 | 1561 | 683 |
| CBOE Eq. put/call: | 87 | 85 | 96-10/08 | 46-1/03 |
| VIX: | 43.0 | 36.4 | 90 | 8.8 |
| McClellan Osc: | (42) | (8) | 108 | (123) |
| McClellan Sum: | (618) | (621) | 1568 | (1514) |
| Newsletter Surveys | ||||
InvestorsIntel.Bull: | 46.2 | 47.3 | 63 | 22.21 |
InvestorsIntel.Bear: | 23.7 | 23.7 | 54.4 | 16 |
AAII Bull: | 35.6 | 33.4 | n/a | n/a |
AAII Bear: | 39.8 | 44.8 | n/a | n/a |
| US Equity-1 week lag | n/a | (23.5B) | ||
| Money Market Flows | 10.2B | 52.8B | ||
| Baltic Dry Index: | 1287 | 1287 | 11700 | 663 |
Bullish %: | 22 | 23 | 89 | 2 |
| Insider Corporate Sellers: | 9:1 | 4:1 | 235:1 | 2.4:1 |
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