This stock market has more "LEGS" than the FOX Channel!
After a wild end to October (since 70% of market Volume is now HFTs, or High Frequency Traders), we resume upwards in Nov. The McClellan Oscillator at -100 was the first clue, in the Sentiment mix. VIX upward spikes around the first of the month have been the norm since the March rally started.
Investment newsletters are mixed with the Inv. Intell. Bullish on the market, while the AAII is inverted (Bears over Bulls) and Bullish FOR the market.
Both Equity mutual fund and money market fund flows have been slightly negative recently. Longer term, the Nova/Ursa ratio of long/short is more negative FOR the market, as is CEO Insider Selling at 24:1.
See numbers in box to the left under Recent Posts -Weekly Numbers:
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