Tuesday, January 21, 2014


Although most Sentiment Indicators are coming off extreme highs, nearly all have regressed to the mean last week. Still exceptionally high are the Insider Sales of company stocks, especially the Board and Officers contingent, with over ninety percent of these from exercised stock options (year end).
Despite market weakness, breadth remains strong, via A/D and New Highs to Lows.

Here are the numbers:

1/17/2014 1/10/2014
Indices: DJIA  16458 16437
  NAZ  4197 4174

SPX  1838 1842
WklyVolume (Bshs). naz/ny 10.6/3.6 11.1/3.5
Specul.Ratio hi=bullish 2.94 3.17
Sentiment: put/call-CBOE  54 51
VIX>50-alltmlow=8.8 12.4 12.1
Advance/Dec-NYSE.. 1700/1493 2058/1147
Weekly Net:
207 911
     Cumulative: 155147 154940
Weekly  NYSE hi/low 455/63 418/45
New Hi's/Low's Nasdaq h/l 481/59 470/51
McClellan  Oscillator 16 33
McClellanSum .+750/-1000 584 479
Newsletter Inv.Intel -Bull:tues 56.1 60.6
Surveys Bear:-5yrs 15.3 15.2

AAII  -Bull :wed. 39 43.6

Bear  21.5 25
COT:SPX w/w large/small (net)k 3/28k 4/32k
COT:gold  comm.hedg long-short.000 (45k) (42k)
CEOinsider selling 108:1 106:1
off.&bd b/s.vs. 10% holder b/s 130:15* 230:6
3-box rev Bullish%-  81 82
US equity -ICI Fund Flows WeekDelay (3.4B)
MMF flows Change in $B (14B) (4.2B)
MargDebt- top (300M) monthly  424B
ETF:mthlyEqty/ Int'l/Bond-$B 999/395/248 NOV.
2-yr Tsy Yield: Inflation 0.38% 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: 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

Subscribe in a reader


No comments:

Post a Comment