Sentiment seems to also be on Hold, with Extremes being the margin interest (down slightly from mo/mo record highs), and the Institutions (Wire house newsletters) wildly Bullish (3 : 1) , while us amateurs - AAII are dead even (Bulls and Bears. The yield Curve - 10-yr. Treas. vs. 3-month - is the lowest since 2006-8 when we had the sliding down market into the Recession.
Here are the numbers:
| Date | ####### | 7/7/2017 | |
| Indices: | DJIA | 21637 | 21414 |
| NAZ | 6312 | 6153 | |
| SPX | 2459 | 2425 | |
| WklyVolume (Bshs). | naz/ny…. | 8.6/3.8 | 6.6/3.0* |
| Specul.Ratio hi=bullish | 2.26 | 2.2 | |
| Sentiment: | put/call-CBOE | 61 | 63 |
| VIX>50-alltmlow=8.8 | 9.5 | 11.2 | |
| DeltaMSI-50% | MAC crossover | 58.9 | 63.3 |
| Advance/Dec-NYSE.. | 2174/902 | 1418/1630 | |
| Weekly Net: | 1272 | -212 | |
| Cumulative: | 179197 | 177925 | |
| Weekly | NYSE hi/low… | 323/83 | 229/96 |
| New Hi's/Low's | Nasdaq h/l | 282/153 | 164/107 |
| McClellan | Oscillator | 29 | -11 |
| McClellanSum | .+750/-1000 | 594 | 560 |
| Newsletter | Inv.Intel -Bull | 50 | 52.5 |
| Surveys-Tues | Bear:-5yrs | 18.6 | 18.8 |
| Wed. | AAII -Bull | 28.2 | 29.6 |
| Bear | 29.6 | 29.9 | |
| US$-WSJ | 95.1 | 96 | |
| 3-box rev | Bullish%- | 73 | 73 |
| US equity -ICI | Fund Flows | weeklate | (11.6B) |
| MMF flows | Change in $B | 0 | 4.7B |
| MargDebt- top (300M) | monthly | 540B | May |
| 10-yr Tsy yield | hi= stock buying | 2.33 | 2.39 |
| 2-yr Tsy Yield: Inflation | 1.36 | 1.4 | |
| TIP (ETF) | Inflation | 113 | 112.4 |
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
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