One of the best, albeit more breadth than sentiment, was the Bullish per cent, which is at its high (as is the Nasdaq for 4 years); my cumulative A/D continues to make all-time highs, although the McClellan Indices do not.
Corporate Insider Selling is an astounding 125:1 over Buying - I knew college costs were expensive, but wow! Money continued to flow into mutual funds, but also reversing into MMFs as well.
MktSentiment | Last Week | Prev. Week | 5 Yr HI | 5 Yr LOW |
DJIA: | 12273 | 12092 | 14093 | 6626 |
Nasdaq: | 2809 | 2769 | 2861 | 1114 |
S&P 500: | 1329 | 1310 | 1561 | 683 |
CBOE Eq. put/call: | 53 | 55 | 96-10/08 | 46-1/03 |
VIX: | 15.7 | 15.9 | 90 | 8.8 |
McClellan Osc: | (28) | 8 | 108 | (123) |
McClellan Sum: | 703 | 602 | 1568 | (1514) |
Newsletter Surveys | ||||
InvestorsIntel.Bull: | 53.4 | 52.7 | 63 | 22.21 |
InvestorsIntel.Bear: | 23.3 | 22.0 | 54.4 | 16 |
AAII Bull: | 49.4 | 51.5 | n/a | n/a |
AAII Bear: | 26.9 | 26.9 | n/a | n/a |
US Equity-1 week lag | n/a | 1.4b | ||
Money Market Flows | 10.2B | (21B) | ||
Baltic Dry Index: | 1064 | 1137 | 11700 | 663 |
Bullish %: | 88 | 87 | 88 | 2 |
Insider Corporate Sellers: | 125:1 | 43:1 | 198:1 | 2.4:1 |
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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