Monday, December 12, 2011


Days like today (down 240 points on the DJIA) only further the idea that the sharks (HFTs, Institutional Traders, are driving the small fish out of the water -only to fight among themselves. In the matrix below we see that equity mutual fund outflows have steadily occurred since April 22 without exception, and money market inflows are again happening -after the scare about dangerous European securities being invested in.

The new format below, not as eye-appealing, but with more data, now shows NASD to NYSE Volume and ratio (NASD being speculative); also shown is the weekly Adv./Dec. on the NYSE with my cumulative totals.The only real negatives this week were the AAII bull/bear reverted to more Bulls, and CEO Insider Selling leaped to 40:1. Finally, the ETF equity funds increased 20% month over month, to $615M.

12/2/2011 12/9/2011
Indices: DJIA  12019 12184
  NAZ  2626 2646

SPX  1244 1255
NASD/NYSE WklyVolume (Bshs) 5.3/9.1 4.4/8.3
nasd/nyse Specul.Ratio hi=bullish 1.72 1.89
Sentiment: put/call-CBOE  61 77
Barron's VIX>50-alltmlow=8.8 27.5 26.38

Advance/Dec-NYSE 2698/479 1876/1269

Weekly Net: 2219 607

     Cumulative: 124883 125490
Weekly  NYSE hi/low 258/120 239/44
New Hi's/Low's Nasdaq h/l 95/229 110/147
McClellan  Oscillator -2 16
McClellan Sum .+750/-1000 176 237
Newsletter Inv.Intel -Bull:tues 44.2 47.4
Surveys Bear:-5yrs 30.5 29.5

AAII  -Bull :wed. 33 38.6

Bear  39.4 34.8
COT:Change w/w large/small (net)k …4/12 11/34.
CEOinsider selling 11:1 40:1
BalticDryIndex GlobalEcon 1862 1882
3-box rev Bullish%-  58 61
US equity -ICI Fund Flows (6.7B) 1 wk lag
MMF flows Change in $B 6.1B 25.3B
MargDebt-mkt down 22% 1 year after top (300M) monthly OCT. 283B
ETF:Eqty/Int'l/Bond  million$$ OCT. 615/265/174
2-yr Tsy Yield: Inflation
0.26% 0.23%

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