VIX slid to a 13 handle, as Barron's reports the average at 19, but gold Commercials (read smart money) still remain at the high Selling level, but receding.. Still in the Commitment of Traders section, small SPX traders are shorting more each week, as large ones (smart??) are Buying.
Most significant, but not unusual this time of year (tax time): CEO Insider selling by Sector jumped to over Million, with the ratio at 68:1, but Board members and 10% owners remained quiet.
Here are the #s:
|New Hi's/Low's||Nasdaq h/l||343/98||263/84|
|AAII -Bull :wed.||45.4||47|
|COT:SPX w/w||large/small (net)k||2k/(16k)||4k/(9k)|
|off.&bd b/s.vs.||10% holder b/s||.150:30||.160:15|
|US equity -ICI||Fund Flows||WeekDelay||0|
|MMF flows||Change in $B||10.3B||(9.0B)|
|MargDebt- top (300M)||monthly||445B||na|
|2-yr Tsy Yield: Inflation||0.63%||0.64%|
With record numbers of dollars coming out of Money Market Funds, mostly into the crowded trade of short term bonds, anyone who has a minimal knowledge of covered call options and/or an interest in hedging stock market exposure might want to check out: brentleonard.com for an alternative strategy that is low-risk as well as highly rewarding. For those of you wanting more details and actual trading results, a new book is available for $14.95 at Amazon.com: Zero (IN)Tolerance
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