Although the QQQs Insider selling was 231 to 3 buyers, total CEO Insider selling was only 2:1 from 22:1 the previous week. The Advance / Declines got back to being positive, although New Highs to Lows remained negative.
The McClellan Summation Index (cumulative of the Oscillator readings) went below the zero line for the first time since March 9, 2009, a day that will go ........; and the AAII Bears broke up through the 50 level for its first time since last November (before that July and March '09).
For what it's worth, the Baltic Dry Index went to a recent high of 4078 - a proxy for the global economy, despite Europe's woes; and the Bullish per cent went on a BUY signal (up 3 boxes on the Pt.& Fig. chart) to 48, but not exactly off extreme oversold levels.
Here are the numbers:
| MktSentiment | Last Week | Prev. Week | 5 Yr HI | 5 Yr LOW |
| DJIA: | 10136 | 10193 | 14093 | 6626 |
| Nasdaq: | 2257 | 2229 | 2805 | 1114 |
| S&P 500: | 10897 | 1087 | 1561 | 683 |
| CBOE Eq. put/call: | 59 | 81 | 96-10/08 | 46-1/03 |
| VIX: | 32.1 | 40.1 | 90 | 8.8 |
| McClellan Osc: | -14 | -91 | 108 | -123 |
| McClellan Sum: | -230 | 53 | 1568 | -1514 |
| Newsletter Surveys | ||||
InvestorsIntel.Bull: | 39.3 | 43.8 | 63 | 22.21 |
InvestorsIntel.Bear: | 29.2 | 24.7 | 54.4 | 16 |
AAII Bull: | 29.8 | 41.3 | n/a | n/a |
AAII Bear: | 50.9 | 33.7 | n/a | n/a |
| Nova/Ursa Mutual Funds: | 1.03 | 0.98 | 2.2 | 0.56 |
| US Equity-1 week lag | n/a | -4.8B | ||
| Money Market Flows | 5B | -33B | ||
| ETF equity:Monthly Totals | Apr.831B | Mar.805B | ||
| Baltic Dry Index: | 4078 | 3608 | 11700 | 663 |
Bullish %: | 48 | 45 | 88 | 2 |
| Insider Corporate Sellers: | 2:1 | 22:1 | 108:1 | 2.4:1 |
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