Internet of Things

It has been my contention that at some point the exploding Internet inventions, as well as the San Francisco population will end in a Future Shock spiral (at least a course correction). Either a major earthquake in S.F., or, as Barron's points out this week, technology is getting so complex that many cannot understand or apply the myriad startups - especially when the top FANG companies are so competitive with their proprietary findings as to not become universal.

Another danger, of course, is the global NIRP which is affecting the U.S. interest rates, as foreigners buy record amounts of Treasuries - how will pensions, Social Security retirement accounts meet their 7.5% necessary profit performance in a negative world, mandating at least some Treasuries in their investment portfolios? But the stock market rolls on!!!

A Barron's editorial finds that over the past 50 years, the stock market in 20-year slices, has always gained 8 to 12%. And Tom Bowley of Stockcharts.com relates that stocks bought between the 27th of the month and the 6th of the next shows 100% of the gains!! BTW , those of us GGU alums will recognize Gatis Roze as a regular contributor...

Despite recent weakness, most Sentiment Indicators, just like the indices, are near recent Bullish levels - NYSE H/Los were 513 to 37.

Here are the numbers:

Date>		6/10/2016	6/3/2016
Indices:	DJIA	17865	17807
	NAZ	4894	4942
	SPX	2096	2099
WklyVolume (Bshs).	naz/ny….	8.5/4.3	7.3/4.3*
Specul.Ratio hi=bullish		1.98	1.7
Sentiment:	put/call-CBOE	67	60
VIX>50-alltmlow=8.8		17	13.5
DeltaMSI-50%	MAC crossover	74%	70%
Advance/Dec-NYSE..		1576/1589	2167/1011
Weekly Net:		-13	1156
Cumulative:		168313	168326
Weekly	NYSE hi/low…	513/37	368/27
New Hi's/Low's	Nasdaq h/l	255/108	202/79
McClellan	Oscillator	-13	30
McClellanSum	.+750/-1000	990	843
Newsletter	Inv.Intel -Bull	47.3	45.4
Surveys-Tues	Bear:-5yrs	23.8	23.7
Wed.	AAII  -Bull	27.8	30.2
	Bear	27.8	29.1
US$-WSJ		94.7	94
3-box rev	Bullish%-	72	71
US equity -ICI	Fund Flows	WeekLate	(.8B)
MMF flows	Change in $B	(5.7B)	0
MargDebt- top (300M)	monthly		456B
10-yr Tsy yield	hi= stock buying	1.64%	1.70%
2-yr Tsy Yield: Inflation		0.73%	0.78%
TIP (ETF)	Inflation	115.8	115.1

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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Internet of Things