Monday, April 22, 2013

LIKE A SHIP WITHOUT A SAIL-

On a sea without a trail - Neil Diamond.

As Ben Bernanke follows his unprecedented zero policy, markets have finally corrected a bit from the sugar highs of the past 4 years of QEs.

More commentary is at: www.examiner.com/stock-market-in-san-francisco/brent-leonard

Here are the numbers from last week:

 
Date>
4/19/2013 4/12/2013
Indices: DJIA  14547 14865
  NAZ  3206 3294

SPX  1555 1588
WklyVolume (Bshs).

NASD/NYSE   8.6/4.3 7.8/3.3
Specul.Ratio hi=bullish 2.00 2.36
nasd/nyse


Sentiment: put/call-CBOE  76 61
VIX>50-alltmlow=8.8 15.0 12.1
Advance/Dec-NYSE.. 920/2258 2310/870
Weekly Net:
-1338 1440
     Cumulative: 149218 150556
Weekly  NYSE hi/low 293/146 604/62
New Hi's/Low's Nasdaq h/l 163/158 320/69
McClellan  Oscillator -15 2
McClellanSum .+750/-1000 629 766
Newsletter Inv.Intel -Bull:tues 47.4 50.5
Surveys Bear:-5yrs 20.6 20.6

AAII  -Bull :wed. 26.8 19.3

Bear  48.2 54.5
COT:Change w/w large/small (net)k 1/21 7/9
CEOinsider selling 14:1 77:1
3-box rev Bullish%-  75 82
US equity -ICI Fund Flows 1weeklag 1weeklag
MMF flows Change in $B (27.5B) (8.9B)
MargDebt- top (300M) monthly 

ETF:Eqty/ Int'l/Bond

Assets in  Billion$$ .

2-yr Tsy Yield: Inflation 0.23% 0.23%

.

*********************************************************************
For those readers who follow technical analysis, two giants in the field (including my former boss, Harvey Baraban) will be holding forth at the Embarcadero home of Bloomberg, in early May.
UPCOMING TSAA EVENT: "Harvey Baraban: "KEEP IT SIMPLE STUPID! Matching the Market to a Set of Indicators" and Brett Villaume: "Observations on Technical Analysis; A Chartist's Perspective of The Bank Sector"
Join us May 11th from 9AM-12PM at Bloomberg's Office, Pier 3, Unit #101.



*********************************************************************
For those readers who follow technical analysis, two giants in the field (including my former boss, Harvey Baraban) will be holding forth at the Embarcadero home of Bloomberg, in early May.
UPCOMING TSAA EVENT: "Harvey Baraban: "KEEP IT SIMPLE STUPID! Matching the Market to a Set of Indicators" and Brett Villaume: "Observations on Technical Analysis; A Chartist's Perspective of The Bank Sector"
Join us May 11th from 9AM-12PM at Bloomberg's Office, Pier 3, Unit #101.

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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