Market Sentiment 05 (Nov 17 - Dec 25)

[winston]

SENTIMENT INDICATORS

VIX: 19.97; -2.90
VXN: 26.68; -3.51
VXO: 22.05; -1.74

Put/Call Ratio (CBOE): 0.95; -0.39

Bulls and Bears: Bulls dove, bounced, then dove once more. Getting a bit out of the stratosphere, a good thing to happen, but not that low yet. Bears are up, but still relatively weak compared to bulls.

Bulls: 49.5 versus 55.5
Bears: 17.5 versus 16.8

Source: Investor Place

[winston]

SENTIMENT INDICATORS

VIX: 21.49; +2.55
VXN: 27.43; +2.40
VXO: 22.93; +2.95

Put/Call Ratio (CBOE): 1.03; +0.18

Bulls and Bears: Bulls dove, bounced, then dove once more. Getting a bit out of the stratosphere, a good thing to happen, but not that low yet. Bears are up, but still relatively weak compared to bulls.

Bulls: 49.5 versus 55.5
Bears: 17.5 versus 16.8

Source: Investment House

[winston]

SENTIMENT INDICATORS

VIX: 17.41; -1.08
VXN: 22.06; -0.84
VXO: 17.89; -1.40

Put/Call Ratio (CBOE): 0.98; -0.01

Bulls and Bears:

Bulls are falling rapidly after the peak at 66.7. that was a significant high and bulls have dropped hard into the low 40's. As you would anticipate, the market sold off but as the bulls sell off the market is ready for a pre-earnings rally off the lows.

Bulls: 42.2 versus 47.6 versus
Bears: 18.6 versus 18.1

Source: Investment House

[winston]

SENTIMENT INDICATORS

VIX: 16.88; +0.92
VXN: 21.63; +1.47
VXO: 16.72; +1.46

Put/Call Ratio (CBOE): 0.98; +0.01

Bulls and Bears:

Bulls rose ever so slightly while bears continued to rise. Finally seeing more movement upside in bears. That is the more significant of the two because bears have been so low for so long.

Bulls: 43.6 versus 42.2
Bears: 19.8 versus 18.6

Source: Investment House

[winston]

Here’s Why We Haven’t Seen the Top in Stocks

NAAIM Exposure Index:-
This is a weekly survey of hedge-fund and mutual-fund managers. The survey asks what percentage of managers’ portfolios are in stocks. A zero means they don’t own stocks at all. A 100 means they’re fully invested. A score higher than 100 means they’re fully invested and then some – they’re buying with leverage.

Investment managers were record bullish in December. But things have changed. The NAAIM Exposure Index fell to less than 50 last month… the lowest level we’ve seen since early 2016.

Source: DAILY WEALTH

http://www.thetradingreport.com/2018/04 ... in-stocks/

[winston]

U.S. Investors Just Gave Up on the Bull Market

More respondents see stocks lower in 12 months than higher
S&P 500 stuck in range since February rout on host of concerns

Source: Bloomberg

https://www.bloomberg.com/news/articles ... aretheview

[winston]

Bulls and Bears:

Bulls bounced back 4.5 points after a precipitous decline. They are falling hard, bouncing with quick sharp bounces, then falling again. Very similar to the stock market action.

Bears were lower but they are holding the bounce higher into the 19's.

Bulls: 48.0 versus 43.6
Bears: 19.6 versus 19.8

Source: Investment House

[winston]

SENTIMENT

VIX: 14.77; -1.13
VXN: 18.41; -1.24
VXO: 15.26; -1.24

Put/Call Ratio (CBOE): 0.96; -0.06

Bulls and Bears:
Bulls bounced back 4.5 points after a precipitous decline. They are falling hard, bouncing with quick sharp bounces, then falling again. Very similar to the stock market action. Bears were lower but they are holding the bounce higher into the 19's.

Bulls: 48.0 versus 43.6
Bears: 19.6 versus 19.8

Source: Investment House

[winston]

SENTIMENT

VIX: 12.65; -0.58
VXN: 16.19; -0.19
VXO: 12.57; -0.64

Put/Call Ratio (CBOE): 0.98; +0.17

Bulls and Bears:

Of COURSE bulls fell the past two weeks as the market started to rebound.
That is how this works, i.e. an inverse relationship.

Bulls: 43.1 versus 43.6 versus 48.0
Bears: 20.6 versus 20.8 versus 19.6 versus 19.6

Source: Investment House

[winston]

SENTIMENT

VIX: 13.42; -0.01
VXN: 16.87; -0.32
VXO: 13.31; +0.33

Put/Call Ratio (CBOE): 1.03; +0.20

Bulls and Bears:

After dropping similar to a stone from 65+ to the 40's, bulls rebounded 3.5 points, somewhat upper mid-level. Big move to a higher high, big drop, now can stocks find enough contrary view to make a break higher?

Bulls: 46.6 versus 43.1
Bears: 19.4 versus 20.6

Source: Investment House