Monday, March 24, 2014

Sorry Toto- Kansas Gone

Stanford bumps Kansas from the March Madness in an upset game. Picking teams is like picking stocks - one never knows.
Sentiment extremes last week include records (at least recent ones) in the 2-year Treasury yield of 0.43%; commercials are also selling gold bigtime - whether it is hedging or bailing, one never knows.

 The S&P 500 (SPX) futures large traders are long, but small traders remain short. Most other Sentiment Indicators reverted to the mean last week - Bull/Bear surveys, VIX, CBOE put/call ratio, See below:

Date> 3/21/2014 3/14/2014
Indices: DJIA  16302 16065
  NAZ  4276 4245
SPX  1866 1841
WklyVolume (Bshs). naz/ny 10.5/4.4 11.2/3.3
Specul.Ratio hi=bullish 2.39 3.39nh
Sentiment: put/call-CBOE  57 67
VIX>50-alltmlow=8.8 15 17.8
Advance/Dec-NYSE.. 1940/1258 1196/2006
Weekly Net: 682 -810
     Cumulative: 157541 156859
Weekly  NYSE hi/low 337/65 240/90
New Hi's/Low's Nasdaq h/l 350/59 293/57
McClellan  Oscillator -12 -29
McClellanSum .+750/-1000 897 938
Newsletter Inv.Intel -Bull:tues 52 55.1
Surveys Bear:-5yrs 17.4 17.4
AAII  -Bull :wed. 36.8 41.3
Bear  26.1 26.8
COT:SPX w/w large/small (net)k 9k/(31k)
COT:gold  comm.hedg long-short.000 (146k)nh (125k)nh
CEOinsider selling 25:1 76:1
off.&bd b/s.vs. 10% holder b/s 140:50 150:60
3-box rev Bullish%-  76 75
US equity -ICI Fund Flows WeekDelay 1.9B
MMF flows Change in $B (31B) (2B)
MargDebt- top (300M) monthly 
ETF:mthlyEqty/ Int'l/Bond-$B
2-yr Tsy Yield: Inflation 0.43% 0.35%

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