Monday, November 2, 2015

GENERAL-IZATION

As mentioned last week, only a few "generals" led the best month in 4 year rally, in typically the worst month of the year. With global debt at extremes, and interest rates at 5,000 year lows                 ( Wealthtrack.com) it still seems prudent to hedge stocks in one's portfolio. Despite the lack of euphoria preceding a Crash, the easy money (QEs) from the Fed is worrisome at some point.
Although the best way to lose friends and influence people is to loan money and give advice, I'd say keep investing in the large Cap stocks, such as SPY and QQQs, which have outpaced their peers 3:1 recently.

Meanwhile, Sentiment shows Insider CEO's selling doubling last week's - 48:1; monthly figures show ETF withdrawals in Equities and Int'l stocks, going into MMFs. All else seems normal..


Date> 10/30/2015 10/23/2015
Indices: DJIA  17663 17646
  NAZ  5053 5031
SPX  2079 2075
WklyVolume (Bshs). naz/ny…. 9.6/4.9 9.4/4.5
Specul.Ratio hi=bullish 1.96 2.09
Sentiment: put/call-CBOE  62 71
VIX>50-alltmlow=8.8 15.1 14.4
Advance/Dec-NYSE.. 1495/1724 1933/1299
Weekly Net: -229 634
     Cumulative: 161816 162045
Weekly  NYSE hi/low… 202/198 228/136
New Hi's/Low's Nasdaq h/l 269/280 225/211
McClellan  Oscillator 5 39
McClellanSum .+750/-1000 412 373
Newsletter Inv.Intel -Bull 43.7 37.5
Surveys-Tues Bear:-5yrs 29.2 31.3
Wed. AAII  -Bull  40.4 34.8
Bear  20.6 24
US$-WSJ 88.6 88
CEOinsider selling      .48:1     .26:1
3-box rev Bullish%-  69 63
US equity -ICI Fund Flows week delay  week delay 
MMF flows Change in $B 18.3B 1B
MargDebt- top (300M) monthly  454B 454B
ETF:mthlyEqty/ Int'l/Bond-$B 1174/445/333B 1202/465/324
2-yr Tsy Yield: Inflation 0.73% 0.65%
TIP (ETF) Inflation 110.9 111.3

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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