One of my DITM blog readers kindly shared a DITM-style website, for those interested:
tknight@fullyinformed.com
Additionally, the Gabelli ETF - GDV- also does a nice job, with a 3+% mgmt fee. I also listed 2 trades I did today, ex-dividend tomorrow.
Sentiment Indicators pretty much backed off, despite the ugly Thanksgiving week; except for the reliable McClellan Oscillator at negatve 98 - a huge BUY signal that proved true today. Although the Inv.Intell. numbers seem stale (from the week before), the AAII inverted, with more Bears again; and the Insider Selling dropped precipitously last week.
| MktSentiment | Last Week | Prev. Week | 5 Yr HI | 5 Yr LOW |
| DJIA: | 11231 | 11796 | 14093 | 6626 |
| Nasdaq: | 2441 | 2572 | 2861 | 1114 |
| S&P 500: | 1158 | 1215 | 1561 | 683 |
| CBOE Eq. put/call: | 69 | 80 | 96-10/08 | 46-1/03 |
| VIX: | 34.47 | 32.0 | 90 | 8.8 |
| McClellan Osc: | (98) | (40) | 108 | (123) |
| McClellan Sum: | 296 | 650 | 1568 | (1514) |
| Newsletter Surveys | ||||
InvestorsIntel.Bull:
| 47.4 | 47.4 | 63 | 22.21 |
InvestorsIntel.Bear:
| 32.6 | 32.6? | 54.4 | 16 |
AAII Bull:
| 32.7 | 41.9 | n/a | n/a |
AAII Bear:
| 38.3 | 31.00 | n/a | n/a |
| US Equity-1 week lag | n/a | (.1B) | ||
| Money Market Flows | 1B | 6.4B | ||
| Baltic Dry Index: | 1854 | 1846 | 11700 | 663 |
Bullish %:
| 50 | 65 | 89 | 2 |
| Insider Corporate Sellers: | 7:1 | 30:1 | 235:1 | 2.4:1 |
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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