The Indices are self-explanatory w/w ( week over week); Volume is Nasdaq vs. NYSE, a speculative signal; the CBOE equity Put to Call ratio and VIX are fear guides.
A new Delta MACD crossover is a bullish ( above 50) number , similar to Bullish %, or stocks on a BUY signal; Breadth is signalled by Advance/Decline, along with cumulative -now near record highs; also New Highs and Lows on the NYSE and Nasdaq.
The McClellan Oscillator ( and cum. Summation) is also a chart of advance/declines in a formula. The AAII and Investors' Intelligence Bull/Bear ratios are contrary - the I I become harder to locate recently ( I might switch back to Rydex.
Margin Debt remains HUGE, what with low rates; fund flows measure public $$, what with the ETF monster sucking up much in Index funds - some coming from Index Mutual Funds!!! Finally, the 2 and 10- year Treas. rates can be used to forecast a Recession - for over a Century we have never had a 10-year period where a Recession did not happen, and it always had an inverted Yield Curve (backwardation, not Contango) -the spread is lessening recently, as is the 3-month to 10-year TSY.
TIPs measure Inflation which at present is nonexistent.
Here are the recent numbers:
| Date | 7/21/2017 | 7/14/17 | |
| Indices: | DJIA | 21580 | 21637 |
| NAZ | 6387 | 6312 | |
| SPX | 2472 | 2459 | |
| WklyVolume (Bshs). | naz/ny…. | 8.6/3.7 | 8.6/3.8 |
| Specul.Ratio hi=bullish | 2.32 | 2.26 | |
| Sentiment: | put/call-CBOE | 58 | 61 |
| VIX>50-alltmlow=8.8 | 9.4 | 9.5 | |
| DeltaMSI-50% | MAC crossover | 69.9 | 58.9 |
| Advance/Dec-NYSE.. | 1881/1182 | 2174/902 | |
| Weekly Net: | 699 | 1272 | |
| Cumulative: | 179896 | 179197 | |
| Weekly | NYSE hi/low… | 431/48 | 323/83 |
| New Hi's/Low's | Nasdaq h/l | 393/122 | 282/153 |
| McClellan | Oscillator | 18 | 29 |
| McClellanSum | .+750/-1000 | 727 | 594 |
| Newsletter | Inv.Intel -Bull | na | 50 |
| Surveys-Tues | Bear:-5yrs | na | 18.6 |
| Wed. | AAII -Bull | 36 | 28.2 |
| Bear | 26 | 29.6 | |
| US$-WSJ | 94 | 95.1 | |
| 3-box rev | Bullish%- | 75 | 73 |
| US equity -ICI | Fund Flows | weeklate | (2.1B) |
| MMF flows | Change in $B | (9.9B) | 0 |
| MargDebt- top (300M) | monthly | 540B | |
| 10-yr Tsy yield | hi= stock buying | 2.24 | 2.33 |
| 2-yr Tsy Yield: Inflation | 1.34 | 1.36 | |
| TIP (ETF) | Inflation | 113.6 | 113 |
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