The DJIA (30) so far has held above the triple zero
breakthrough, although the broader market - SPX (500) has not yet pierced the zero mark of 2000. Various indicators - seasonal, cyclical, technical,
and even fundamental- are suggesting a breather after 5 1/2 years of Bull.
Although the Investors Intelligence Bulls have dropped below the 60% mark (to
56%), the Bears are now at 15.1%. For more reasons, please go to: http://www.examiner.com/stock-market-in-san-francisco/brent-leonard
Wild rides in the markets, even gold - with 30 and 20 point
swings; commercial insider sellers are still huge despite the global
turbulence.
Here are last week's numbers:
| Date> | 7/18/2014 | 7/11/2014 | |
| Indices: | DJIA | 17100 | 16943 |
| NAZ | 4432 | 4415 | |
| SPX | 1978 | 1967 | |
| WklyVolume (Bshs). | naz/ny | 9.8/3.5 | 8.7/3.0 |
| Specul.Ratio hi=bullish | 2.8 | 2.9 | |
| Sentiment: | put/call-CBOE | 57 | 60 |
| VIX>50-alltmlow=8.8 | 12.1 | 12.1 | |
| Advance/Dec-NYSE.. | 1679/1538 | 1173/2070 | |
| Weekly Net: | 141 | -897 | |
| Cumulative: | 163975 | 163834 | |
| Weekly | NYSE hi/low | 386/62 | 309/60 |
| New Hi's/Low's | Nasdaq h/l | 150/154 | 137/103 |
| McClellan | Oscillator | -25 | -38 |
| McClellanSum | .+750/-1000 | 711 | 894 |
| Newsletter | Inv.Intel -Bull:tues | 56.6 | 60.6 |
| Surveys | Bear:-5yrs | 15.1 | 15.2 |
| AAII -Bull :wed. | 32.4 | 37.6 | |
| Bear | 28.5 | 28.7 | |
| COT:SPX w/w | large/small (net)k | .1.11 | .6/1 |
| COT:gold comm.hedg | long-short.000 | (157k) | (166k)nh |
| CEOinsider | selling | 49:1 | 104:1 |
| off.&bd b/s.vs. | 10% holder b/s | 225:5 | 220:20 |
| 3-box rev | Bullish%- | 83 | 84 |
| US equity -ICI | Fund Flows | WeekDelay | (1.8B) |
| MMF flows | Change in $B | (10.2B) | 5.4B |
| MargDebt- top (300M) | monthly | ||
| ETF:mthlyEqty/ | Int'l/Bond-$B | ||
| 2-yr Tsy Yield: Inflation | 0.48% | 0.45% | |
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
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