The Jury Is Out

In these lazy, crazy days of August, where most of the heavy traders are MIA, and the second string cannot get access to Nasdaq stocks, Sentiment Indicators are at best, mixed. Maybe the new SEC head - Mary Jo White - can help the exchanges. As Barron's Randall Forsyth says -  who better than the gov't to monitor private information! Someone told me that if I forget my Password I should just call the NSA for it !!

My newly favored indicator, Larry McMillan's CBOE put/call ratio chart is calling for a downturn with its inverse pattern - meanwhile, the AAII Bears jumped from 28% to 43 w/w - a Bullish signal. CEO Insider Selling dropped bigtime, while MMFunds jumped up $15B, mostly from outflows of Bond funds.

Here are the numbers:

 

Date>		8/23/2013	8/16/2013
Indices:	DJIA	15010	15081
	NAZ	3657	3602
	SPX	1663	1655
WklyVolume (Bshs).
NASD/NYSE		6.5/.3.1	7.8/3.4
Specul.Ratio hi=bullish		2.10	2.29
nasd/nyse
Sentiment:	put/call-CBOE	59	57
VIX>50-alltmlow=8.8		14.0	14.4
Advance/Dec-NYSE..		1922/1272	633/2582
Weekly Net:		650	-1949
Cumulative:		149949	149299
Weekly	NYSE hi/low	122/647	232/544
New Hi's/Low's	Nasdaq h/l	208/98	277/86
McClellan	Oscillator	-3	-80
McClellanSum	.+750/-1000	-219	41
Newsletter	Inv.Intel -Bull:tues	43.3	47.4
Surveys	Bear:-5yrs	21.6	20.6
	AAII  -Bull :wed.	29	34.5
	Bear	42.9	28.2
COT:SPX w/w	large/small (net)k	7/-1	9/7
COT:gold  comm.hedg	long-short.000	-68	-61
CEOinsider	selling	17:1	25:1
3-box rev	Bullish%-	79	81
US equity -ICI	Fund Flows	(.8B)	1weeklag
MMF flows	Change in $B	15.4B	2.3B
MargDebt- top (300M)	monthly	JUNE	377B
ETF:Eqty/	Int'l/Bond	JUNE	851/321/244
(Monthly	B$$ .)
2-yr Tsy Yield: Inflation		0.38%	0.36%

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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The Jury Is Out