What Can Possibly Go #$%^&

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:

http://www.examiner.com/stock-market-in-san-francisco/brent-leonard

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%

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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

384B-May'13

873/349/257

0.40%

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