Monday, August 5, 2013

What Can Possibly Go #$%^&

With the Dog Days of Summer coming up, Volume in the markets have not changed much. But the prior week's level of speculation (NASD : NYSE ratio) was quite high, although backing off a bit last week. Other Indicators have also backed off, but a few remain to warn of caution:

Although A/D (advances over declines) remain strong on the NYSE, the McClellan Oscillator, which is based on that, has been dropping steadily since mid-July, even going negative last week. Other notable highs are margin interest, Bullish %, (legal) Insider Selling, and Bulls vs. Bears - at least in the Investors' Intelligence survey.

More commentary is at my Examiner.com column:   

as well as some notices of upcoming investment meetings.
 

Date>
8/2/2013 7/26/2013
Indices: DJIA  15658 15558
NAZ  3689 3613

SPX  1709 1691
WklyVolume (Bshs).

NASD/NYSE 8.6/3.6 8.6/3.2
Specul.Ratio hi=bullish 2.39 2.69
nasd/nyse


Sentiment: put/call-CBOE  58 64
VIX>50-alltmlow=8.8 12.0 12.7
Advance/Dec-NYSE.. 1603/1587 1424/1757
Weekly Net:
16 -333
     Cumulative: 152283 152267
Weekly  NYSE hi/low 563/194 552/170
New Hi's/Low's Nasdaq h/l 535/62 608/49
McClellan  Oscillator -4 4
McClellanSum .+750/-1000 480 540
Newsletter Inv.Intel -Bull:tues 48.4 51.5
Surveys Bear:-5yrs 19.6 19.6

AAII  -Bull :wed. 35.6 45.1

Bear  25 22.6
COT:Change w/w large/small (net)k 10/13 12/9
COT:gold  comm.hedg long-short.000 -26 -25
CEOinsider selling 72:1 31:1
3-box rev Bullish%-  84 83
US equity -ICI Fund Flows 1weeklag 2.7B
MMF flows Change in $B (9.6B) (9.8B)
MargDebt- top (300M) monthly  377B JUNE
ETF:Eqty/ Int'l/Bond 851/321/244 JUNE
Assets in  Billion$$ .


2-yr Tsy Yield: Inflation 0.30% 0.32%


********************************************************************
I thought now would be  a good time to also list the multi-year highs/lows for the Indicators below:

 

Date> DECADE HI LOW
Indices: DJIA  15658 6626
  NAZ  3689 1114

SPX  1709 683
WklyVolume (Bshs).  
NASD/NYSE      
Specul.Ratio hi=bullish 3.15 1.59
nasd/nyse
   
Sentiment: put/call-CBOE  104.11/08 42
VIX>50-alltmlow=8.8 90 8.8
Advance/Dec-NYSE..    
Weekly Net:
   
     Cumulative: 154252 71464
Weekly  NYSE hi/low 950 18
New Hi's/Low's Nasdaq h/l    
McClellan  Oscillator Jan.09:108 May.'12:(110)
McClellan Sum .+750/-1000 1568-6/03 (1514).
Newsletter Inv.Intel -Bull:tues 62.9-12/04 22.2-10/08
Surveys Bear:-5yrs 54.4-10/08 15.6

AAII  -Bull :wed. (12/10)63.3  

Bear  70.3(3/09) 16.4
COT:Change w/w large/small (net)k    




CEOinsider selling 235:1 .2.1
3-box rev Bullish%-  88 2
US equity -ICI Fund Flows
 
MMF flows Change in $B

MargDebt- top (300M) monthly  384B-May'13
ETF:Eqty/ Int'l/Bond 873/349/257

 Billion$$ .

2-yr Tsy Yield: Inflation 0.40%











































235:1 .2.1
89 2


384B-May'13 J
873/349/257


0.40%


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