Monday, January 23, 2017

SO FAR, ,,NOT FAR

Pretty boring market so far this year; mostly down last week: averages, breadth, new highs/lows. Even the $ dropped, with Trump's thoughts of weakening it for the country's benefit. This, of course, strengthens gold, which has dropped from a 19 handle to 11, now breeching 12.
Here are the numbers:

Date 1/20/2017 1/13/2017
Indices: DJIA  19827 19885
NAZ  5555 5574
SPX  2271 2274
WklyVolume (Bshs). naz/ny…. 6.9/3.4* 8.9/4.2
Specul.Ratio hi=bullish 2.03 2.12
Sentiment: put/call-CBOE  64 64
VIX>50-alltmlow=8.8 11.5 11.2
DeltaMSI-50% MAC crossover 74.2 74.2
Advance/Dec-NYSE.. 1222/1869 1757/1339
Weekly Net: -647 418
     Cumulative: 171961 172608
Weekly  NYSE hi/low… 213/42 295/39
New Hi's/Low's Nasdaq h/l 231/79 308/79
McClellan  Oscillator -8 17
McClellanSum .+750/-1000 627 644
Newsletter Inv.Intel -Bull 60.6 58.4
Surveys-Tues Bear:-5yrs 17.3 18.3
Wed. AAII  -Bull  37 43.6
Bear  32.7 27
US$-WSJ 100.8 101.2
3-box rev Bullish%-  73 73
US equity -ICI Fund Flows WeekLate 3.0B
MMF flows Change in $B (24.7B) (22.5B)
MargDebt- top (300M) monthly  500B NOV.
10-yr Tsy yield hi= stock buying 2.5 2.4
2-yr Tsy Yield: Inflation 1.2 1.2
TIP (ETF) Inflation 113.7 114

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


Subscribe in a reader


Share/Save/Bookmark

No comments:

Post a Comment