Indicators at Extremes - August 25 2016
One of the indicators that I like to follow is the % Showing Excess Optimism-Pessimism Spread. This indicator is the spread between the % Showing Excess Pessimism indicator and the % Showing Excess Optimism indicator.
These above indicators are computed by looking at how many of the indicators we follow are showing excess pessimism or excess optimism for the broader stock market, expressed in terms of the total number of indicators that we follow.
I built a quick script to dump the stock market indicators that are at Very Optimistic, Extremely Optimistic, Very Pessimistic or Extremely Pessimistic levels. Going forward, I'll be publishing occasional updates on these extreme indicators here on the blog. Note: These tables contain only indicators from the Stocks section of the site.
For the tables below, you can click through to each chart by clicking on the Chart name.
Optimistic Extremes
Pessimistic Extremes
| Chart | Last Close | Last Update | Sentiment |
|---|---|---|---|
| STEM.MR NASDAQ Model | 26.0 | 2016-08-24 |  |
| ISE Call/Put Ratio | 58.0 | 2016-08-24 | |
| NASDAQ 100 Down Pressure | 86.8321 | 2016-08-24 | |
| Penny Stock Share Volume | 160131000.0 | 2016-07-29 |  |
| Penny Stock Dollar Volume | 19708200.0 | 2016-07-29 | |
| Rydex Energy Services Assets | 14.0 | 2016-08-24 | |
| Rydex Europe Assets | 4.8 | 2016-08-24 | |
| DIA Open Interest Ratio | 0.8245 | 2016-08-24 | |