Monday, April 15, 2013

BROKEN CLOCK

The Sentiment Indicators finally rang true despite the sloshing of money by the Fed guaranteeing a rising market (QE4-ever)
Despite a vast majority of analyst Bullishness, an exceptional AAII early week ratio, and MMF withdrawals reversing prior week Inflows, the market is finally correcting. Along with gold!

Here are the numbers:


Date>
4/12/2013 4/5/2013
Indices: DJIA  14865 14565
  NAZ  3294 3203

SPX  1588 1553
WklyVolume (Bshs).

NASD/NYSE   7.8/3.3 7.9/3.4
Specul.Ratio hi=bullish 2.36 2.32
nasd/nyse


Sentiment: put/call-CBOE  61 71
VIX>50-alltmlow=8.8 12.1 13.9
Advance/Dec-NYSE.. 2310/870 1080/2091
Weekly Net:
1440 -1011
     Cumulative: 150556 149116
Weekly  NYSE hi/low 604/62 492/91
New Hi's/Low's Nasdaq h/l 320/69 299/102
McClellan  Oscillator 2 -38
McClellanSum .+750/-1000 766 760
Newsletter Inv.Intel -Bull:tues 50.5 52
Surveys Bear:-5yrs 20.6 19.4

AAII  -Bull :wed. 19.3 35.5

Bear  54.5 28.2
COT:Change w/w large/small (net)k 7/9 5/12
CEOinsider selling 77:1 107:1
3-box rev Bullish%-  82 80
US equity -ICI Fund Flows 1weeklag (1.8B)
MMF flows Change in $B (8.9B) 3.7B
MargDebt- top (300M) monthly 

ETF:Eqty/ Int'l/Bond

Assets in  Billion$$ .

2-yr Tsy Yield: Inflation 0.23% 0.23%

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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