Monday, March 2, 2015

In Like A Lamb

March begins quietly, both in weather and in stocks. Last week saw Sentiment Indicators more in the neutral zone, but pointing in a positive direction. My cum Advance/Decline total reached another all time high on the NYSE, as its weekly A/D almost reached a 10:1 ratio - SOS.

VIX slid to a 13 handle, as Barron's reports the average at 19, but gold Commercials (read smart money) still remain at the high Selling level, but receding.. Still in the Commitment of Traders section, small SPX traders are shorting more each week, as large ones (smart??) are Buying.

Most significant, but not unusual this time of year (tax time): CEO Insider selling by Sector jumped to over  Million, with the ratio at 68:1, but Board members and 10% owners remained quiet.

Here are the #s:

Date> 2/27/2015 2/20/2015
Indices: DJIA  18132 18140
  NAZ  4963 4955
SPX  2104 2110
WklyVolume (Bshs). naz/ny…. 9.2/3.7 6.7/3.0
Specul.Ratio hi=bullish 2.49 2.23
Sentiment: put/call-CBOE  63 56
VIX>50-alltmlow=8.8 13.3 14.3
Advance/Dec-NYSE.. 1714/1541 1679/1543
Weekly Net: 173 136
     Cumulative: 166730 166557
Weekly  NYSE hi/low… 419/55 332/37
New Hi's/Low's Nasdaq h/l 343/98 263/84
McClellan  Oscillator 9 24
McClellanSum .+750/-1000 643 556
Newsletter Inv.Intel -Bull:tues 59.5 56.6
Surveys Bear:-5yrs 34.1 34.1
AAII  -Bull :wed. 45.4 47
Bear  20.3 17.9
COT:SPX w/w large/small (net)k 2k/(16k) 4k/(9k)
COT:gold  comm.hedg long-short.000 (136k) (144k)
CEOinsider selling .68:1 .42:1
off.&bd b/s.vs. 10% holder b/s .150:30 .160:15
3-box rev Bullish%-  74 74
US equity -ICI Fund Flows WeekDelay 0
MMF flows Change in $B 10.3B (9.0B)
MargDebt- top (300M) monthly  445B na
ETF:mthlyEqty/ Int'l/Bond-$B 1219/424/308
2-yr Tsy Yield: Inflation 0.63% 0.64%
TIP (ETF) Inflation 114.06 112.48

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