Despite the whirlwind finish to last week, overall, it wasn't that exceptional for Sentiment. Of course the VIX (Volatility Index) jumped up 1/3, to 26, week over week. Volume was strong as well, as were Bonds and Gold, in a flight to safety. AAII Bears were still strong, a bullish sign (FOR the market).
Here are the numbers:
| SPX | 2037 | 2071 | |
| WklyVolume (Bshs). | naz/ny…. | 10.6/6.0 | 9.9/5.7 |
| Specul.Ratio hi=bullish | 1.77 | 1.74 | |
| Sentiment: | put/call-CBOE | 74 | 72 |
| VIX>50-alltmlow=8.8 | 25.8 | 19.4 | |
| DeltaMSI-50% | MAC crossover | 62% | 67% |
| Advance/Dec-NYSE.. | 1243/1916 | 1164/1990 | |
| Weekly Net: | -673 | -826 | |
| Cumulative: | 166814 | 167487 | |
| Weekly | NYSE hi/low… | 391/73 | 270/83 |
| New Hi's/Low's | Nasdaq h/l | 167/194 | 145/182 |
| McClellan | Oscillator | -21 | -28 |
| McClellanSum | .+750/-1000 | 772 | 783 |
| Newsletter | Inv.Intel -Bull | 47.5 | 45.9 |
| Surveys-Tues | Bear:-5yrs | 23.2 | 23.5 |
| Wed. | AAII -Bull | 22 | 25.4 |
| Bear | 35.2 | 37.5 | |
| US$-WSJ | 95.5 | 94.1 | |
| 3-box rev | Bullish%- | 60 | 67 |
| US equity -ICI | Fund Flows | WeekLate | (.1B) |
| MMF flows | Change in $B | (3.6B) | (18.6B) |
| MargDebt- top (300M) | monthly | ||
| 10-yr Tsy yield | hi= stock buying | 1.56% | 1.61% |
| 2-yr Tsy Yield: Inflation | 0.63% | 0.70% | |
| TIP (ETF) | Inflation | 115.8 | 115.4 |
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

No comments:
Post a Comment