FLOOD WARNINGS!

As the rest of the world revolts, money seems to be flowing into  all U.S. assets today, from the stock markets, to gold and oil. Many Sentiment Indicators are at high levels, but off their prior recent extremes. A few notables, as defined in an (Older Post below) earlier column include Insider Selling, which was quite high at year end - expectedly- but resumed this week to 130 to 1 over Buying, with Board/Officers accounting for 200 sales (100 after exercising options), and about 25 being the 10% stockholders (Carl Icahn, et.al.).
Huge $$ came from MMFs (money markets) at $50B; charts show that the three previous highs in withdrawals were at early stages of a Bull run, in June 21, Oct. 18, and Dec.20 of 2013 - a good sign, short term. In my Examiner.com column I shall enumerate some disturbing negative technical signs:
 http://www.examiner.com/stock-market-in-san-francisco/brent-leonard .

Other extremes include Gold commercial sellers, despite today's and the recent rallies, at 97k.

Here are the numbers:

Date>		2/21/2014	2/14/2014
Indices:	DJIA	16103	16154
	NAZ	4263	4244
	SPX	1836	1838
WklyVolume (Bshs).	naz/ny	7.9/2.9	9.9/3.3
Specul.Ratio hi=bullish		2.72	.3.0
Sentiment:	put/call-CBOE	57	60
VIX>50-alltmlow=8.8		14.7	13.6
Advance/Dec-NYSE..		1948/1247	2489/722
Weekly Net:		701	1767
Cumulative:		156516nh	155815nh
Weekly	NYSE hi/low	353/52	272/67
New Hi's/Low's	Nasdaq h/l	368/47	291/54
McClellan	Oscillator	44	63
McClellanSum	.+750/-1000	727	526
Newsletter	Inv.Intel -Bull:tues	46.5	41.8
Surveys	Bear:-5yrs	17.2	17.4
	AAII  -Bull :wed.	42.2	40.1
	Bear	22.8	27.3
COT:SPX w/w	large/small (net)k	5k/(25k)	4/(19)
COT:gold  comm.hedg	long-short.000	(97k)	(72k)
CEOinsider	selling	130:1	32:1
off.&bd b/s.vs.	10% holder b/s	200:25	150:40
3-box rev	Bullish%-	70	67
US equity -ICI	Fund Flows	WeekDelay	4.2B
MMF flows	Change in $B	(49B)	8B
MargDebt- top (300M)	monthly	445B	DEC.
ETF:mthlyEqty/	Int'l/Bond-$B	1028/399/246	DEC.
2-yr Tsy Yield: Inflation		0.32%	0.33%

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

FLOOD WARNINGS!