The table below shows the weekly Sentiment Indicator numbers
compared to the previous week. Multi-year highs and lows can be found under:
Older Posts.
For commentary on
these, please go to:
and click on BLUE title-
Although the S&P 500 is making an all-time high today, breaching the recent weekly one of 1588 and reaching for 1600, there are a couple cautionary Sentiment signals out there for the intermediate term:
* The latest monthly reading of Margin Interest is $1B away from its all-time high in July of '07 at $380B.
* Although Charles Biderman of TrimTabs stated the largest inflows of mutual fund $$ in Q! since 2004, the ETF flows (also monthly) dropped precipitously from Feb. to Mar., in equity, int'l and bonds: from 13% to 18% and 18% respectively.
Survey sentiment is mixed with broker newsletters (I.I.) showing below 20% Bears, but the AAII showing just under 40%, down from two weeks near 50% - they hit 70% in March of '09, the start of the current Bull phase.
Here are the numbers:
| Date> | 4/26/2013 | 4/19/2013 | |
| Indices: | DJIA | 14712 | 14547 |
| NAZ | 3279 | 3206 | |
| SPX | 1582 | 1555 | |
| WklyVolume (Bshs). | |||
| NASD/NYSE | 8.6/3.4 | 8.6/4.3 | |
| Specul.Ratio hi=bullish | 2.53 | 2.00 | |
| nasd/nyse | |||
| Sentiment: | put/call-CBOE | 63 | 76 |
| VIX>50-alltmlow=8.8 | 13.6 | 15.0 | |
| Advance/Dec-NYSE.. | 2375/783 | 920/2258 | |
| Weekly Net: | 1592 | -1338 | |
| Cumulative: | 150810 | 149218 | |
| Weekly | NYSE hi/low | 570/75 | 293/146 |
| New Hi's/Low's | Nasdaq h/l | 330/105 | 163/158 |
| McClellan | Oscillator | 18 | -15 |
| McClellanSum | .+750/-1000 | 724 | 629 |
| Newsletter | Inv.Intel -Bull:tues | 44.3 | 47.4 |
| Surveys | Bear:-5yrs | 19.6 | 20.6 |
| AAII -Bull :wed. | 28.3 | 26.8 | |
| Bear | 38.8 | 48.2 | |
| COT:Change w/w | large/small (net)k | 4/13 | 1/21 |
| CEOinsider | selling | 19:1 | 14:1 |
| 3-box rev | Bullish%- | 77 | 75 |
| US equity -ICI | Fund Flows | 1weeklag | 1.7B |
| MMF flows | Change in $B | (1.9B) | (27.5B) |
| MargDebt- top (300M) | monthly | 380B | |
| ETF:Eqty/ | Int'l/Bond | 704/286/202 | |
| Assets in | Billion$$ . | ||
| 2-yr Tsy Yield: Inflation | 0.22% | 0.23% | |
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