T For TWO

Previously mentioned TVIX for hedging still looks like a viable option, although it has never been this low (barely breaking below $5). It echoes the VIX 2-fold, which is also weak recently, but the ETN, based on expiring futures, usually does lose money y/y. However, based on chart activity, it should scream up if the market tanks - last Sept. it hit $20 - 4 X its previous average level.

Sentiment Indicators are anything but boring these days:  The TIP (Inflation indicator) hit a recent high at 114, while the 2-year Treas. dropped a bunch - .89% to .74%. MMF flows went from minus $15B to plus $14B in a wild swing. The McClellan Summation Index came off a 1000 level ( a rara avis); the Bullish % - stocks on a BUY signal are at a high 79%, while the $ weakens.
Finally, the Bullish signs include my newly acquired Delta MSI from Barron's - stocks breaking up through their 50- MA; and the NYSE Hi to Los were more than 10:1...

Here are the numbers:

Date>	2016	4/1/2016	3/24/16*
Indices:	DJIA	17792	17515
	NAZ	4914	4773
	SPX	2072	2035
WklyVolume (Bshs).	naz/ny….	8.4/4.5	6.4/3.4*
Specul.Ratio hi=bullish		1.87	1.88
Sentiment:	put/call-CBOE	64	82
VIX>50-alltmlow=8.8		13.1	14.7
DeltaMSI-50%	MAC crossover	71%	69%
Advance/Dec-NYSE..		2299/889	1055/2113
Weekly Net:		1410	-1058
Cumulative:		163976	162566
Weekly	NYSE hi/low…	376/31	166/27
New Hi's/Low's	Nasdaq h/l	159/105	101/96
McClellan	Oscillator	13	-5
McClellanSum	.+750/-1000	1075	990
Newsletter	Inv.Intel -Bull	43.3	47.4
Surveys-Tues	Bear:-5yrs	28.9	27
Wed.	AAII  -Bull	27.2	33.8
	Bear	25.8	23.7
US$-WSJ		94.6	96.1
3-box rev	Bullish%-	79	76
US equity -ICI	Fund Flows	weekLate	(2.1B)
MMF flows	Change in $B	13.9B	(14.8B)
MargDebt- top (300M)	monthly	436B	447B
2-yr Tsy Yield: Inflation		0.74%	0.89%
TIP (ETF)	Inflation	114.7	113.2

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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T For TWO