Monday, March 11, 2013

ROSY SCENARIO

Every day the market just keeps incrementally rising higher without any correction - Tick, Tick, Tick.
Everyone is Bullish - everything is going right - even Congress.
Here are the Sentiment numbers for last week - standouts include a huge rise in Margin Interest to dangerous levels, and Insider Selling is once again extreme over Buyers.

 
Date>
3/8/2013 3/1/2013
Indices: DJIA  14397 14089
  NAZ  3244 3169

SPX  1551 1518
WklyVolume (Bshs).

NASD/NYSE   8.6/3.5 9.2/4.0
Specul.Ratio hi=bullish 2.46 2.30
nasd/nyse


Sentiment: put/call-CBOE  61 70
VIX>50-alltmlow=8.8 12.6 15.4
Advance/Dec-NYSE.. 2356/839 1667/1492
Weekly Net:
1517 175
     Cumulative: 149022 147505
Weekly  NYSE hi/low 734/100 447/110
New Hi's/Low's Nasdaq h/l 476/80 297/88
McClellan  Oscillator 27 -3
McClellanSum .+750/-1000 951 873
Newsletter Inv.Intel -Bull:tues 44.2 46.3
Surveys Bear:-5yrs 21.1 21.1

AAII  -Bull :wed. 31.1 28.4

Bear  38.5 36.6
COT:Change w/w large/small (net)k 17/4 10/4
CEOinsider selling 51:1 29:1
3-box rev Bullish%-  82 79
US equity -ICI Fund Flows 1weeklag (1.1B)
MMF flows Change in $B (16.7B) 5.77B
MargDebt- top (300M) monthly  364B 330B
ETF:Eqty/ Int'l/Bond 810/352/243 764/329/243
Assets in  Billion$$ .

2-yr Tsy Yield: Inflation 0.26% 0.24%

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