The stock market closed on a strong note before the end of a buoyant month of August. Portfolios managers pushed up prices as measured by our buying/selling index and our fear/greed index and were eager to do some window dressing near the end of the summer. Breadth recovered after weak readings observed during the last few days: 2’668 stocks advanced on the NYSE compared to 1’132 that settled down. In the option market, the story is still the same : traders are piling up on calls pushing put/call ratios to lows rarely reached in the past and over such a long period.

Very short term oscillator	Positive +
Short term oscillator	Positive +
RVI trend	Positive +
Trend short term (5 days)	Up ​​
Trend mid term (8 days)	Up
Differential of trends	Up
Risk profile	83 (scale of 1 (low risk) to 100 (high risk))