Monday, November 18, 2013


Sentiment Extremes this week include the number (%) of Bears in the Investors Intelligence survey (wire house reports) - a new multi-year low of 15.5%, down from 15.6% previously; meanwhile the Bulls are still above 50, at 52.6% - the AAII has backed off a bit from its extremes. Normally the AAII is the more meaningful, but they seem to be lulled into the Yellen glow.

The Bullish % rose to another recent high of 83% - of stocks on Buy signals. The VIX dropped to 12.2, still above its 8.8 many moons ago.

Here are the numbers:

11/15/2013 11/8/2013
Indices: DJIA  15961 15761
  NAZ  1985 3919

SPX  1798 1770
WklyVolume (Bshs). 8.9/3.3 9.9/3.8

Specul.Ratio hi=bullish 2.7 2.6
Sentiment: put/call-CBOE  55 55
VIX>50-alltmlow=8.8 12.2 12.9
Advance/Dec-NYSE.. 2049/1140 1240/1961
Weekly Net:
909 -721
     Cumulative: 153677 152768
Weekly  NYSE hi/low 420/124 389/107
New Hi's/Low's Nasdaq h/l 377/120 372/129
McClellan  Oscillator 13 -32
McClellanSum .+750/-1000 393 463
Newsletter Inv.Intel -Bull:tues 52.6 55.2
Surveys Bear:-5yrs 15.5 15.6

AAII  -Bull :wed. 39.2 45.5

Bear  27.5 21.8
COT:SPX w/w large/small (net)k 12/23 10/20
COT:gold  comm.hedg long-short.000 (66k) (94k)
CEOinsider selling 36:1 50:1
3-box rev Bullish%-  83 82
US equity -ICI Fund Flows WeekDelay 5.4B
MMF flows Change in $B (3.1B) 4B
MargDebt- top (300M) monthly 
ETF:mthlyEqty/ Int'l/Bond-$B
2-yr Tsy Yield: Inflation 0.31% 0.32%

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