Market Sentiment 04 (Jun 14 - Oct 17)

[winston]

SENTIMENT INDICATORS

VIX: 9.61; -0.30
VXN: 13.97; -0.36
VXO: 7.57; -0.48

Put/Call Ratio (CBOE): 0.85; -0.20

Bulls and Bears: Whoa, a big spike in bulls continues, moving over the 60 level with bears dropping like a rock. Getting very bullish, indeed too bullish.

Bulls: 60.4 versus 57.5
Bears: 15.1 versus 17.0

Source: Investment House

[winston]

SENTIMENT INDICATORS

VIX: 9.97; -0.08
VXN: 14.32; -0.32
VXO: 7.54; -0.30

Put/Call Ratio (CBOE): 0.81; -0.16

Bulls and Bears: Bulls held the 60 level after jumping there last week.

Bears held the 15 level after dumping there last week That second 60+ reading is another weight on the selling side of the market scales.

Bulls: 60.0 versus 60.4
Bears: 15.2 versus 15.1

Source: Investment House

[winston]

SENTIMENT INDICATORS

VIX: 9.80; -1.50
VXN: 14.30; -1.52
VXO: 8.27; -1.05

Put/Call Ratio (CBOE): 0.88; +0.01

Bulls and Bears: Third week over 60 for the bulls as they are banging at the top of the sentiment range that has rallies in check.

Look at the chart below: every time the 60 level is hit and holds consistently there is a selloff. Sentiment has spent a LOT of time in 2017 at 50 or above.

Bulls: 62.3 versus 60.0
Bears: 15.1 versus 15.2

Source: Investment House