Monday, May 19, 2014


In observance of my weekly vacation the markets went on a wild ride last week, with the S&P 500 (SPX) going from a Friday-to-Friday close of 1878 all the way to ......1878! Most all of the Sentiment Indicators were on hold, midrange with another holiday on the horizon.
Apparently the Sell in May crowd also spread to the Buy in May crowd, both taking the week off , with this week looking the same. Even the Insider sellers slowed down their selling.

Here are the numbers:

Date> 5/16/2014 5/9/2014
Indices: DJIA  16491 16583
  NAZ  4090 4138
SPX  1877 1884
WklyVolume (Bshs). naz/ny 9.2/3.4 10.2/3.4
Specul.Ratio hi=bullish 2.71 3
Sentiment: put/call-CBOE  64 68
VIX>50-alltmlow=8.8 12.4 12.9
Advance/Dec-NYSE.. 1694/1505 1527/1693
Weekly Net: 189 -166
     Cumulative: 160021 159832
Weekly  NYSE hi/low 300/91 322/137
New Hi's/Low's Nasdaq h/l 122/216 103/303
McClellan  Oscillator -15 16
McClellanSum .+750/-1000 770 827
Newsletter Inv.Intel -Bull:tues 55.1 55.8
Surveys Bear:-5yrs 19.4 19.7
AAII  -Bull :wed. 33.1 28.3
Bear  22.6 28.7
COT:SPX w/w large/small (net)k 12k/10k 8k/15k
COT:gold  comm.hedg long-short.000 (102k) (110k)
CEOinsider selling 15:1finance 18:1
off.&bd b/s.vs. 10% holder b/s 160:40 150:50
3-box rev Bullish%-  71 72
US equity -ICI Fund Flows WeekDelay (2B)
MMF flows Change in $B (3.1B) 16B
MargDebt- top (300M) monthly  MAR
ETF:mthlyEqty/ Int'l/Bond-$B MAR
2-yr Tsy Yield: Inflation 0.36% 0.39%

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