Monday, July 11, 2016


At the table? Trying to compete with AI microsecond trading by computers, Institutions with huge databases at their disposal, hedge funds, - it looks like the small investor is! The best we can do is try to follow the Trend.
Although that trend looks appealing right now, many sage investors- Gundlach, Icahn, Soros, Druckenmiller, and now even Goldman Sachs- are calling for at least a correction @ 10%.
Last week's post-holiday rally pushed my cumulative Advance/Decline number to a record high (although the McClellan Summation is not there); the NYSE new highs to lows were @10:1;
mutual fund cash pulled a large reversal to the outflow side.
Gold and Silver have rallied a lot this year, and could benefit more from NIRP (negative interest rates) after a possible correction.

Here are the numbers:

Date>   7/8/2016 7/1/2016
Indices: DJIA  18146 17949
  NAZ  4956 4862
SPX  2129 2102
WklyVolume (Bshs). naz/ny…. 7.1/3.8 * 10.6/5.7
Specul.Ratio hi=bullish 1.87 1.86
Sentiment: put/call-CBOE  64 64
VIX>50-alltmlow=8.8 13.2 14.8
DeltaMSI-50% MAC crossover 55% 52%
Advance/Dec-NYSE.. 2073/1067 2504/653
Weekly Net: 1006 1851
     Cumulative: 169671nh 168665
Weekly  NYSE hi/low… 564/62 587/159
New Hi's/Low's Nasdaq h/l 242/116 205/277
McClellan  Oscillator 49 46
McClellanSum .+750/-1000 914 815
Newsletter Inv.Intel -Bull 47.1 41.6
Surveys-Tues Bear:-5yrs 24.5 23.8
Wed. AAII  -Bull  31.1 28.9
Bear  26.7 33.4
US$-WSJ 96.3 95.6
3-box rev Bullish%-  59 52
US equity -ICI Fund Flows WeekLate (7.0B)
MMF flows Change in $B (17.4B) 14.9B
MargDebt- top (300M) monthly  451B
10-yr Tsy yield hi= stock buying 1.36% 1.44%
2-yr Tsy Yield: Inflation 0.60% 0.60%
TIP (ETF) Inflation 117.5 116.8

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: 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 Zero (IN)Tolerance

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