Monday, December 14, 2015

ETFs

Per Barron's this week, ETF flows stats are not reliably reported - apparently if one is shorted, it reports shares as Inflows as well - stat will be deleted from now on. Open end mutual funds and MMFs (money market) flows will still be reported.

Ugly week in stocks last week - breadth was terrible, with Advance/Declines as well as new lows to highs nearly 10 to one on the downside. The reliable McClellan Oscillator was a huge minus 80 a/o Friday, which usually foretells an UP Monday, which started down but rallied midday.

No Inflation showing in the TIPS yet, and the 2-year Treas. yield dropped back after hitting a new high the week before (see below) . Insider Selling to Buying dropped to a recent low of 8:1, with buying the more reliable number.
Here are the numbers:

Date> 12/11/2015 12/4/2015
Indices: DJIA  17265 17847
  NAZ  4933 5142
SPX  2012 2091
WklyVolume (Bshs). naz/ny…. 9.6/4.8 10.1/5.2
Specul.Ratio hi=bullish 2 1.94
Sentiment: put/call-CBOE  82 69
VIX>50-alltmlow=8.8 24.4 14.8
Advance/Dec-NYSE.. 386/2844 1122/2099
Weekly Net: -2458 -977
     Cumulative: 158794 161252
Weekly  NYSE hi/low… 80/639 191/267
New Hi's/Low's Nasdaq h/l 113/429 266/235
McClellan  Oscillator -80 -14
McClellanSum .+750/-1000 -34 252
Newsletter Inv.Intel -Bull 44.9 41.2
Surveys-Tues Bear:-5yrs 27.6 26.8
Wed. AAII  -Bull  28.5 29.5
Bear  29.9 21.2
US$-WSJ 89.7 89.7
CEOinsider selling .8:1 .20:1
3-box rev Bullish%-  56 66
US equity -ICI Fund Flows week delay  (8.0B)
MMF flows Change in $B 12.7B 17.8B
MargDebt- top (300M) monthly  472B
2-yr Tsy Yield: Inflation 0.89% NH:0.96%
TIP (ETF) Inflation 110.3 110.4



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


Subscribe in a reader


Share/Save/Bookmark

No comments:

Post a Comment