Monday, February 10, 2014


Stocks seem to be on track with Janet Yellen to be more accommodative even than Ben. Only extremes were the dramatic reversal of the AAII Bull/Bear ratio over three weeks and the New His/Los going negative. Also, gold commercial traders actually increased selling, although an extreme oversold condition exists.The whole yield curve of Treasurys is also defying popular consensus.
Here are the numbers:

Date> 2/7/2014 1/31/2014
Indices: DJIA  15794 15698
NAZ  4125 4103
SPX  1797 1782
WklyVolume (Bshs). naz/ny 10.8/4.0 10.9/3.7
Specul.Ratio hi=bullish 2.7 2.95
Sentiment: put/call-CBOE  62 57
VIX>50-alltmlow=8.8 15.3 18.4
Advance/Dec-NYSE.. 1721/1473 1451/1756
Weekly Net: 248 -305
     Cumulative: 154048 153800
Weekly  NYSE hi/low 132/196 138/171
New Hi's/Low's Nasdaq h/l 148/159 214/102
McClellan  Oscillator 14 -31
McClellanSum .+750/-1000 300 443
Newsletter Inv.Intel -Bull:tues 45.9 53.1
Surveys Bear:-5yrs 17.4 15.3
AAII  -Bull :wed. 27.9 32.2
Bear  36.4 32.8
COT:SPX w/w large/small (net)k (3k)/(2k) 7/8k
COT:gold  comm.hedg long-short.000 (97k) (65K)
CEOinsider selling 24:1 31:1
off.&bd b/s.vs. 10% holder b/s 160:25 215:40
3-box rev Bullish%-  63 70
US equity -ICI Fund Flows WeekDelay 1.9B
MMF flows Change in $B (1.0B (1.8B)
MargDebt- top (300M) monthly  445B
ETF:mthlyEqty/ Int'l/Bond-$B DEC. 1028/399/246
2-yr Tsy Yield: Inflation 0.30% 0.34%

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