Investor Sentiment Check

Measures of investor anxiety are only running at about average levels today. Underlying breadth in the market is positive, which could bode well for the market as we head into the close.

• The volatility indexes (VIX/VXN) are both lower on the day
• The ARMS Index is around average at 1.00
• The CBOE put/call is about average at 0.85
• The ISEE is running below average at 136, showing modest bearishness

Housing stocks are getting the biggest boost, and have had a good week. Semis are bouncing back from yesterday's shellacking, but making up only a fraction of the losses. And energy stocks are getting a big bounce after being heavily oversold.