Monday, December 30, 2013


In nearly 20 years of tracking stock market sentiment data since receiving my CMT (technican) designation on Sentiment, I have never seen so many extremes as last week, partly due to the end of the year reckoning - to see more comments, please click on my column describing these numbers below:

The most glaring, was in my new-found area of Insider Trading (legal), separating the Officers and Board members from the less informed holders of 10% of the stock, often bundled together.


12/27/2013 12/20/2013
Indices: DJIA  16478 16221
  NAZ  4156 4104

SPX  1841 1818
WklyVolume (Bshs). naz/ny 5.0/1.7 10.7/4.8
Specul.Ratio hi=bullish 2.94 2.23
Sentiment: put/call-CBOE  52 53
VIX>50-alltmlow=8.8 12.4 13.8
Advance/Dec-NYSE.. 2164/1028 2361/851
Weekly Net:
1136 1510
     Cumulative: 154081 152945
Weekly  NYSE hi/low 533/121 398/255
New Hi's/Low's Nasdaq h/l 556/44 396/109
McClellan  Oscillator 43 28
McClellanSum .+750/-1000 233 40
Newsletter Inv.Intel -Bull:tues 59.6 57.1
Surveys Bear:-5yrs 14.1 14.3

AAII  -Bull :wed. 55.1 47.5

Bear  18.5 25.1
COT:SPX w/w large/small (net)k n/a 17/16
COT:gold  comm.hedg long-short.000
CEOinsider selling 224:1hug-est 106:1hug-er
3-box rev Bullish%-  82 79
US equity -ICI Fund Flows WeekDelay (2.7B)
MMF flows Change in $B 22.1B (34.7B)
MargDebt- top (300M) monthly  1 month
ETF:mthlyEqty/ Int'l/Bond-$B pending
2-yr Tsy Yield: Inflation 0.40% 0.39%

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: 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 Zero (IN)Tolerance

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