PeakTrader.com

[arthur]

I rarely follow sentiment data on individual stocks, e.g. put/calls and short interest ratios. However, TLT and UTH have the highest negative sentiments I've seen, which may make pullbacks quick or shallow. TLT put/call is currently 4.4 and short interest ratio is 21.5. UTH put/call is 15.00 and short interest ratio is 16.5. It seems, almost everyone is expecting these two stocks to fall, which is bullish purely from a contrarian view. If TLT continues to rise over the next few weeks (although, I believe, it will pullback next week), that should be very negative for the stock market. Therefore, I would trade with a great deal of caution next week.