My new Indicator, the Delta MSI (stocks on Buy signals from moving average crosses) is echoing the old one of Bullish % - stocks on BUY signals. After an ugly two weeks in the markets, today's rally is no surprise. MMF flows were out of Money Markets bigtime, and the AAII Bears jumped 10 points - see below:
| Date> | 6/17/2016 | 6/10/2016 | |
| Indices: | DJIA | 17675 | 17865 |
| NAZ | 4800 | 4894 | |
| SPX | 2071 | 2096 | |
| WklyVolume (Bshs). | naz/ny…. | 9.9/5.7 | 8.5/4.3 |
| Specul.Ratio hi=bullish | 1.74 | 1.98 | |
| Sentiment: | put/call-CBOE | 72 | 67 |
| VIX>50-alltmlow=8.8 | 19.4 | 17 | |
| DeltaMSI-50% | MAC crossover | 67% | 74% |
| Advance/Dec-NYSE.. | 1164/1990 | 1576/1589 | |
| Weekly Net: | -826 | -13 | |
| Cumulative: | 167487 | 168313 | |
| Weekly | NYSE hi/low… | 270/83 | 513/37 |
| New Hi's/Low's | Nasdaq h/l | 145/182 | 255/108 |
| McClellan | Oscillator | -28 | -13 |
| McClellanSum | .+750/-1000 | 783 | 990 |
| Newsletter | Inv.Intel -Bull | 45.9 | 47.3 |
| Surveys-Tues | Bear:-5yrs | 23.5 | 23.8 |
| Wed. | AAII -Bull | 25.4 | 27.8 |
| Bear | 37.5 | 27.8 | |
| US$-WSJ | 94.1 | 94.7 | |
| 3-box rev | Bullish%- | 67 | 72 |
| US equity -ICI | Fund Flows | WeekLate | (1.0B) |
| MMF flows | Change in $B | (18.6B) | (5.7B) |
| MargDebt- top (300M) | monthly | ||
| 10-yr Tsy yield | hi= stock buying | 1.61% | 1.64% |
| 2-yr Tsy Yield: Inflation | 0.70% | 0.73% | |
| TIP (ETF) | Inflation | 115.4 | 115.8 |
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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