Monday, October 19, 2015


Despite October's economic and geopolitical worries, neither has pushed the stock market down, as it slowly rises through technical past Resistance levels - we are now getting into "possible" 2016 potential stock sellers. It appears that the feared October massacre might have happened in Sept. this year (TBD).

One of the least reliable sentiment signals (which should be more effective) - legal Insider Selling by CEOs, etc. was huge last week. But Buying, in May of 2009 - the start of this Bull cycle- is still the record: totally wrong.
As one can see below, most of the Sentiment Indicators have righted themselves to the Bullish (for the market) side - only the fullness of time will tell!!

Date> 10/16/2015 10/9/2015
Indices: DJIA  17215 17084
NAZ  4886 4830
SPX  2033 2014
WklyVolume (Bshs). naz/ny…. 8.5/4.4 9.9/5.1
Specul.Ratio hi=bullish 1.93 1.94
Sentiment: put/call-CBOE  73 69
VIX>50-alltmlow=8.8 15 17.1
Advance/Dec-NYSE.. 1753/1477 2871/371
Weekly Net: 276 2500
     Cumulative: 161411 161135
Weekly  NYSE hi/low… 131/74 115/53
New Hi's/Low's Nasdaq h/l 153/141 143/130
McClellan  Oscillator 55 88
McClellanSum .+750/-1000 187 -75
Newsletter Inv.Intel -Bull 36.5 30.2
Surveys-Tues Bear:-5yrs 31.2 34.4
Wed. AAII  -Bull  34.1 37.5
Bear  27.1 28.2
US$-WSJ 94.7     na
CEOinsider selling .106:1 .76:1
3-box rev Bullish%-  53 50
US equity -ICI Fund Flows week delay  (1.3B)
MMF flows Change in $B 11.0B 3.7B
MargDebt- top (300M) monthly  473B
ETF:mthlyEqty/ Int'l/Bond-$B 1275/509/321
2-yr Tsy Yield: Inflation 0.61% 0.64%
TIP (ETF) Inflation 111.3 111.3

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