Below is a rough version of the Thursday close (before family vacation) in the new format process . Noticable extremes include the oversold McClellan Oscillator (Tom is bullish on the market due to extreme breadth and liquidity); on the flip side the Bullish per cent gave a 3-box SELL signal and the Investors Intelligence Bull/Bear ratio is complacent at 50+.
(Dow, Nasdaq and S&P updated to market close - gort3ster@gmail.com - in Brent's absence - comments/email on format change welcome)
| MktSentiment | 10/02/2009 | Prev. Week | 5 Year HI | 5 Year LOW |
| DJIA: | 9488 | 9665 | 14093 | 6626 |
| Nasdaq: | 2048 | 2090 | 2126 | 1114 |
| S&P 500: | 1025 | 1044 | 1561 | 683 |
| CBOE Eq. put/call: | 74 | 61 | 96-10/08 | 46-1/03 |
| VIX: | 28.3 | 25.6 | 90 | 8.8 |
| McClellan Osc: | -68 | -43 | 108 | -100 |
| McClellan Sum: | 1290 | 1426 | 1568 | -1514 |
| Newsletter Surveys | ||||
Investors Intel. | ||||
Bull: | 50.6 | 46.7 | 63 | 22.21 |
Bear: | 23.6 | 24.4 | 54.4 | 16 |
AAII | ||||
Bull: | ||||
Bear: | ||||
| Nova/Ursa Mutual Funds: | 0.94 | 0.86 | 2.2 | 0.56 |
| Baltic Dry Index: | 2284 | 2163 | 11700 | 663 |
Bullish %: | 82 | 86 | 88 | 2 |
| Insider Corporate Sellers: | n/a | 54:1 | 108:1 | 2.4:1 |
| Mutual Fund Inflows: | -1.1B | -0.3B | ||
| ETF Inflows: | 1.5B | 1.5B |
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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