MktSentiment | Last Week | Prev. Week | 5 Yr HI | 5 Yr LOW |
DJIA: | 12595 | 12638 | 14093 | 6626 |
Nasdaq: | 2828 | 2827 | 2861 | 1114 |
S&P 500: | 1337 | 1340 | 1561 | 683 |
CBOE Eq. put/call: | 66 | 63 | 96-10/08 | 46-1/03 |
VIX: | 17.1 | 18.4 | 90 | 8.8 |
McClellan Osc: | (14) | (13) | 108 | (123) |
McClellan Sum: | 677 | 641 | 1568 | (1514) |
Newsletter Surveys | ||||
InvestorsIntel.Bull: | n/a | n/a | 63 | 22.21 |
InvestorsIntel.Bear: | n/a | n/a | 54.4 | 16 |
AAII Bull: | 30.8 | 35.5 | n/a | n/a |
AAII Bear: | 35.5 | 31.9 | n/a | n/a |
US Equity-1 week lag | n/a | (2B) | ||
Money Market Flows | 24B | (.4B) | ||
Baltic Dry Index: | 1306 | 1314 | 11700 | 663 |
Bullish %: | 77 | 78 | 89 | 2 |
Insider Corporate Sellers: | 43:1 | 235:1 | 235:1 | 2.4:1 |
This Internet Blog attempts to exhibit the most meaningful Sentiment Indicators that we believe affect the performance of the market in different time frames; 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, just click on "comments" and write away.
Monday, May 16, 2011
IN THE MONTH OF MAY:
Although May, so far, is obeying the SELL IN MAY rule by being in a downtrend - lower high and low closes, support at 1330 on the SPX is looking to hold. Last week's Sentiment Indicators were boringly benign, to say the least; miniscule moves in most of them as well as Indices. The shocking Insider Selling (legal, for a change) abated greatly. Any moves were actually on the positive side (inverted AAII Bull/Bear ratio). The complementary Inv. Intell. ratio remains hidden, unless a reader can locate it somewhere other than a pay site. Bad news abounds, with QEII apparently ending, and Greece and Japan looking like bugs searching for a windshield.
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