Motley Cramer

Cadre or charlatan...you decide.

Video link

ISE sentiment

Markets today worldwide were up pretty big. Recovery from last week already taking place? ISE Sentiment* tracking towards bull territory but we're not out of the bear country yet. Thanks to MaoXian for pointing this metric out to me as I've always used the CBOE sentiment gauge.


* For those unfamiliar with the ISE sentiment it's call/put rather then CBOE put/call calculation. Take the inverse of the ISE to normalize.

Current market sentiment

Scary if you're in the current market. Cash is king at times like this. Sidelines is always a good place to be with the ^VIX climbing higher and the CBOE pointing to bearish sentiment over the past two weeks. The market has advanced incredibly since the summer and this correction is healthy.