Sentiment

I don't have time to do a sentiment post each week, but will try to mention when we see extremes.

There are 4 things I track - put-call, ISEE, AAII mgrs and AAII individuals. Last week 3 of these were flashing warnings for the bulls. 

PCC D with 10MA
Near relative low area. Red line the low reached on 6/8. You can see only a few trading days below this level for the last year!

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On the same day 6/8, ISEE spiked up to its highest value this quarter. (No chart.)

AAII managers had gotten back up there too, with only 1 higher reading on 4/20 in the last 12 months.