1 We're seeing very few extremes among our indicators. When we've seen this in the past, we normally get a larger-than-average move in stocks during the next few weeks (up or down).
2 Small options traders increased their bullish bets last week while large traders increased their bearish ones. This is fairly similar to what we saw in the spring of 2008.
3 Volume on the Nasdaq compared to the NYSE is the highest since the July market peak. It's not quite up to "speculative fervor" levels, though, and it's more due to a dearth of NYSE volume than it is a burst in Nasdaq volume.
No comments:
Post a Comment