Will June Swoon Soon?

The stock market is like Lance Armstrong - hopefully it ends better! With the Fed as EPO it just keeps moving higher by bits, wiping out most downturns intraday. Even most Sentiment Indicators are glassy-eyed, with the exception of the VIX - it has closed below 12 about the same number of days (5) as the S&P 500 (SPX) has been above the double-zero 1900; this aborted my filter of 3 days closing above Resistance, and bodes well for higher prices.

Still, we have to get through June, the mid-term election jinx month; notable extremes to Sentiment include the Inv. Intell. Bull/Bear ratio still above 3:1 Bulls, at 58 to 17. Commercial gold sellers have finally backed off, as have insider sellers and even margin debt, despite low interest rates.

Here are the numbers (with the latest monthly ETF amounts for April:

Date>		5/30/2014	5/23/2014
Indices:	DJIA	16717	16606
	NAZ	4242	4185
	SPX	1923	1900
WklyVolume (Bshs).	naz/ny	7.0/2.7*	8.4/3.0
Specul.Ratio hi=bullish		2.59	2.8
Sentiment:	put/call-CBOE	54	63
VIX>50-alltmlow=8.8		11.4	11.4
Advance/Dec-NYSE..		2118/1091	2107/1115
Weekly Net:		1027	992
Cumulative:		162040	161013
Weekly	NYSE hi/low	425/62	290/78
New Hi's/Low's	Nasdaq h/l	182/83	111/156
McClellan	Oscillator	24	15
McClellanSum	.+750/-1000	855	747
Newsletter	Inv.Intel -Bull:tues	58.3	57.2
Surveys	Bear:-5yrs	17.3	18.3
	AAII  -Bull :wed.	36.5	30.3
	Bear	23.2	26.4
COT:SPX w/w	large/small (net)k	10k/2k	8k/8k
COT:gold  comm.hedg	long-short.000	(79k)	(106K)
CEOinsider	selling	25:1	17::1
off.&bd b/s.vs.	10% holder b/s	175:35	160:20
3-box rev	Bullish%-	76	74
US equity -ICI	Fund Flows	WeekDelay	(1.8B)
MMF flows	Change in $B	3.3B	(3.9B)
MargDebt- top (300M)	monthly	437B	APR.
ETF:mthlyEqty/	Int'l/Bond-$B	1056/412/263	APR.
2-yr Tsy Yield: Inflation		0.38%	0.35%

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Will June Swoon Soon?