Market Sentiment 04 (Jun 14 - Oct 17)

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Sat Apr 08, 2017 9:22 am

The melt-up is here; Investor optimism hits a 17 year high

Source: Daily Crux

http://thecrux.com/the-melt-up-is-here- ... year-high/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Mon Apr 10, 2017 9:21 am

SENTIMENT INDICATORS

VIX: 12.87; +0.48
VXN: 13.49; +0.76
VXO: 11.66; +0.35

Put/Call Ratio (CBOE): 0.95; +0.05

Bulls and Bears: Bulls jumped back up to the higher end of the range after a week of market doubt. When the market did not plunge farther off that nasty Tuesday break lower a couple of weeks back, confidence stabilized.

Still cannot forget the 7 weeks over 60%, however, and that is still lurking out there and is historically a market top indicator, just not a timing indicator. Don't forget those 60+ readings in the equation.

Bulls: 55.8 versus 49.5. After a panic week, bulls rebound.

Bears: 18.3 versus 18.1. The bear rose as well but that means they were more bearish, moving the opposite direction in terms of the view of the market.

Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Sun Apr 16, 2017 9:53 pm

SENTIMENT INDICATORS

VIX: 15.96; +0.19
VXN: 15.9; +0.34
VXO: 14.4; +1.37

Put/Call Ratio (CBOE): 0.98; +0.03

Bulls and Bears: Bulls jumped back up to the higher end of the range after a week of market doubt. When the market did not plunge farther off that nasty Tuesday break lower a couple of weeks back, confidence stabilized.

Still cannot forget the 7 weeks over 60%, however, and that is still lurking out there and is historically a market top indicator, just not a timing indicator. Don't forget those 60+ readings in the equation.

Bulls: 56.3 versus 55.8. Bulls continued a second week of rebounding after a panic week, but you can bet after this past week bulls will falter some.

Bears: 17.5 versus 18.3. Bears faded back below 18 as they lost enthusiasm as bulls regained a bit more.

Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Mon Apr 24, 2017 11:27 am

SENTIMENT INDICATORS

VIX: 14.63; +0.48
VXN: 14.87; +0.41
VXO: 13.36; +0.69

Put/Call Ratio (CBOE): 1.04; +0.14. Jumped over 1.0 on a rather calm session. Likely just expiration causing additional rolling out given the market's rebound on the week.

Bulls and Bears: After peaking over 60 and holding that level for 7 weeks, bulls fell as the market struggled. That kind of spike leads to selling. The market has sold -- modestly.

Bulls: 51.9 versus 56.3. Market fell, bulls fell.

Bears: 18.3 versus 17.5. And bears rose as you would anticipate.

Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Mon May 01, 2017 11:22 am

SENTIMENT INDICATORS

VIX: 10.82; +0.46
VXN: 11.53; +0.42
VXO: 9.25; -0.68

Put/Call Ratio (CBOE): 0.96; +0.04

Bulls and Bears: With a bit of market success, bulls start back up, bears fade some. The market was selling, threatened the prior lows, but then rebounded.

Bulls: 54.7 versus 51.9
Bears: 17.9 versus 18.3

Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Sun May 07, 2017 9:31 pm

SENTIMENT INDICATORS

VIX: 10.57; +0.11

VXN: 12.31; +0.13
VXO: 9.93; -0.63

Put/Call Ratio (CBOE): 1; +0.09. 2 of the last 3 days were 1.0 or better. A little market lateral movement and the put buyers rush in.

Bulls and Bears: Somewhat disconcerting to see the bulls charging back near 60 so quickly. That string of 60+ closes is still hanging over this rally, and a return to 60+ would have us looking at a possible end to the upside
after SP500, DJ30 break higher from their current pullbacks. Of course, with the rallying bulls it could be that they don't breakout.

Bulls: 58.5 versus 54.7
Bears: 17.9 versus 17.9

Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Mon May 15, 2017 6:23 pm

SENTIMENT INDICATORS

VIX: 10.4; -0.2
VXN: 12.3; -0.46
VXO: 9.56; -0.35

Put/Call Ratio (CBOE): 0.85; -0.06

Bulls and Bears: Despite the negativity, bulls rose and bears fell. Again, still near that 60 level that has launched selloffs in the past, and there is that string of 60+ closes still hanging over this rally.

A return to 60+ would have us looking at a possible end to the upside after SP500, DJ30 break higher from their current pullbacks. Of course, with the rallying bulls it could be that theyon't breakout.

Bulls: 58.7 versus 58.5
Bears: 17.3 versus 17.9

Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Sun May 21, 2017 9:34 pm

SENTIMENT INDICATORS

VIX: 12.04; -2.62
VXN: 13.86; -1.8
VXO: 11.07; -1.62

Put/Call Ratio (CBOE): 0.99; -0.14. The week saw the ratio jump back over 1.0 Wednesday and Thursday. This is an inverse indicator, i.e. when there are more puts traded than calls it starts indicating selling is over. It has to have a series of such closes to mean anything, e.g. 8 to 10.

Bulls and Bears: Bulls faded slightly but not much. Of course the Wednesday market drop is not factored into these numbers. It will next week, but that does not change the fact of the string of 60+ closes from early 2017. That level typically results in selling at some poin.

Bulls: 58.1 versus 58.7
Bears: 17.1 versus 17.3

Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Mon May 29, 2017 7:35 pm

SENTIMENT INDICATORS

VIX: 9.81; -0.18
VXN: 12.26; -0.32
VXO: 9.16; -0.1

Put/Call Ratio (CBOE): 0.91; +0.05

Bulls and Bears: Bulls faded HARD. Bears jumped HARD. Lots of pessimism quickly injected itself into the market. Lots of fund managers and market mavens are negative and it is spreading around. That is good.

Bulls: 51.9 versus 58.1
Bears: 18.3 versus 17.1

Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Market Sentiment 04 (Jun 14 - Dec 17)

Postby winston » Mon Jun 05, 2017 9:59 am

SENTIMENT INDICATORS

VIX: 9.75; -0.14
VXN: 12.91; +0.22
VXO: 9.02; -0.13

Put/Call Ratio (CBOE): 0.82; -0.18

Bulls and Bears: As is often the case, after the BIG drop in bulls May 23, they continued lower last week only to see stocks break higher.

Bears rose as well, posting a strong move for another week, also just in time to see the market rally.

Bulls: 50.0 versus 51.9
Bears: 19.2 versus 18.3

Source: investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to Archives

Who is online

Users browsing this forum: Google [Bot] and 3 guests

cron