Sentiment Chart Packet Published on October 8, 2025

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Investors Intelligence Bulls Minus Bears

Investors Intelligence surveys some 140 financial newsletter writers to determine whether they are leaning bullish or bearish in their opinions to subscribers. The resulting Investors Intelligence Survey compiles the data to arrive at a weekly percentage of bulls v.s. bears.

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CBOE Equity Put/Call Ratio (Weekly)

Put/call ratio is a technical indicator demonstrating investors' sentiment. The ratio represents a proportion between all the put options and all the call options purchased on any given day. This chart shows the ratio of the weekly sum of each measure.

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VIX/VIX 3-Month Daily With Bollinger Bands Trailing 1-Year

A Ratio of 1-month to 3-month S&P 500 Implied Volatility (i.e., the VIX/VIX3M ratio). This is a good measure of short-term sentiment swings

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Courage/Fear Investor Ratio

Ratio of a Courage Portfolio (geometric average of Courage Components) divided by a Fear Portfolio (geometric average of Fear Components). When the line moves up, Courage is winning, when it moves down, Fear is winning.

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Nice to Have vs Need to Have Index

Weekly data with a 52-week moving average of the S&P Consumer Discretionary / S&P Consumer Staples.

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CBOE S&P 500 Volatility Index

8 Week moving average of the S&P 500 Volatility Index

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