EVERYTHING IS BEAUTIFUL

All systems go in the markets these days - only the second time this century that all markets - DJIA, NAS, and SPX- hit new highs together (first time was the week before this !!). Breadth  keeps going strong - New his/lows were 551 to 23 on NYSE. Stocks on BUY signals strong, but Volume weak - a divergence. Barron's option column states 6-figure purchases of VIX calls, expecting big volatility in Sept. Strong markets usually signal incumbent party to win election.
Here are the numbers:

Date>		8/12/2016	8/5/2016
Indices:	DJIA	18576	18543
	NAZ	5232	5221
	SPX	2184	2182
WklyVolume (Bshs).	naz/ny….	7.9/3.8	9.7/4.4
Specul.Ratio hi=bullish		2.08	2.2
Sentiment:	put/call-CBOE	59	63
VIX>50-alltmlow=8.8		11.5	11.3 yr.low
DeltaMSI-50%	MAC crossover	71%	70%
Advance/Dec-NYSE..		1681/1431	1624/1492
Weekly Net:		250	132
Cumulative:		172385	172135
Weekly	NYSE hi/low…	551/23	544/44
New Hi's/Low's	Nasdaq h/l	370/99	364/107
McClellan	Oscillator	-12	-5
McClellanSum	.+750/-1000	1065	1102
Newsletter	Inv.Intel -Bull	54.3	52.9
Surveys-Tues	Bear:-5yrs	28.9	21.2
Wed.	AAII  -Bull	31.3	29.8
	Bear	26.8	26.8
US$-WSJ		95.7	96.2
3-box rev	Bullish%-	76	76
US equity -ICI	Fund Flows	WeekLate	(6B)
MMF flows	Change in $B	6.0B	24B
MargDebt- top (300M)	monthly		JUNE:
10-yr Tsy yield	hi= stock buying	1.51%	1.59%
2-yr Tsy Yield: Inflation		0.70%	0.73%
TIP (ETF)	Inflation	116.3	115.7

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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EVERYTHING IS BEAUTIFUL