Tuesday, June 25, 2013


Many of the Sentiment Indicators have again regressed to the mean from extremes, due to the recent selloff, creating much needed doubt in investors' minds.

 Speculative NASD Volume versus NYSE is down, the VIX rose up 20 last week and the CBOE put/call ratio rose again to 71 - all ending complacency. The McClellan Summation Index ( cumulative from the Oscillator) went negative for the first time in many months. The Oscillator itself gave a BUY signal at minus 94!

  The table below shows the weekly Sentiment Indicator numbers compared to the previous week. Multi-year highs and lows can be found under: Older Posts.
 For commentary on these, please go to:
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Here are the numbers:

6/21/2013 6/14/2013
Indices: DJIA  14659 15070
  NAZ  3320 3423

SPX  1573 1626
WklyVolume (Bshs).

NASD/NYSE   9.6/5.2 7.7/3.4
Specul.Ratio hi=bullish 1.84 2.26

Sentiment: put/call-CBOE  71 70
VIX>50-alltmlow=8.8 18.9 17.2
Advance/Dec-NYSE.. 567/2624 944/2243
Weekly Net:
-2057 -1299
     Cumulative: 148257 150314
Weekly  NYSE hi/low 280/465 221/549
New Hi's/Low's Nasdaq h/l 310/133 302/94
McClellan  Oscillator -94 -47
McClellanSum .+750/-1000 -107 202
Newsletter Inv.Intel -Bull:tues 46.8 43.8
Surveys Bear:-5yrs 21.9 22.9

AAII  -Bull :wed. 37.5 33

Bear  30 34.6
COT:Change w/w large/small (net)k 3/8
CEOinsider selling 24:1 n/a
3-box rev Bullish%-  69 81
US equity -ICI Fund Flows 1weeklag (2.3B)
MMF flows Change in $B (25B) 1B
MargDebt- top (300M) monthly 

ETF:Eqty/ Int'l/Bond

Assets in  Billion$$ .

2-yr Tsy Yield: Inflation 0.38% 0.29%

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