Investor Sentiment Check

As we enter the afternoon portion of trading, the sentiment indicators are mixed.

Although the volatility indexes are higher (VIX/VXN), they are not confirmed by the put/call ratios.

The CBOE put/call is hovering below average at 0.77.

The ISEE is trading at the equivalent of 0.70, which is around average.

I would not be surprised to see gains moderate a bit into the close.