Monday, March 27, 2017

WEAK WEEK

Another weak of falling from the record close of 21,000 DJIA (30); breadth also fell - Adv/Decl and New hi's. Rising Indicators included CBOE put/call ratio, Inv.Intell. Bulls and MMF flows (into money markets bigtime).
Danger signals are margin interest and the above I.I. Bulls to Bears. Inflation via TIPS seem to be picking up as well.
Here are last week's ##s:

Date   3/24/2017 3/17/2017
Indices: DJIA  20596 20914
  NAZ  5828 5901
SPX  2343 2378
WklyVolume (Bshs). naz/ny…. 9.2/4.3 10.0/5.5
Specul.Ratio hi=bullish 2.14 1.82
Sentiment: put/call-CBOE  71 66
VIX>50-alltmlow=8.8 13 11.3
DeltaMSI-50% MAC crossover 53 53
Advance/Dec-NYSE.. 1186/1923 2243/868
Weekly Net: -737 1375
     Cumulative: 173883 174620
Weekly  NYSE hi/low… 218/115 305/139
New Hi's/Low's Nasdaq h/l 300/172 372/160
McClellan  Oscillator -9 2
McClellanSum .+750/-1000 222 320
Newsletter Inv.Intel -Bull 56.7 53.4
Surveys-Tues Bear:-5yrs 17.3 17.5
Wed. AAII  -Bull  35.3 31.2
Bear  30.5 38.7
US$-WSJ 99.8 100.3
3-box rev Bullish%-  75 76
US equity -ICI Fund Flows WeekLate 9.0B
MMF flows Change in $B (23.3B) (11.7B)
MargDebt- top (300M) monthly  513Bnh Jan.
10-yr Tsy yield hi= stock buying 2.4 2.5
2-yr Tsy Yield: Inflation 1.25 1.33
TIP (ETF) Inflation 114.4 113.7

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