I gave a talk last week on the results of 10-years' Sentiment Indicators in Orinda and will be giving the same talk at GGU on the 15th and 23rd. I'll also explain my in-the-money call strategy for a sideways market (?), found at http://ditmcalls.blogspot.com.
Here are the results from last week:
| MktSentiment | Last Week | Prev. Week | 5 Yr HI | 5 Yr LOW |
| DJIA: | 12092 | 11823 | 14093 | 6626 |
| Nasdaq: | 2769 | 2686 | 2805 | 1114 |
| S&P 500: | 1310 | 1276 | 1561 | 683 |
| CBOE Eq. put/call: | 55 | 60 | 96-10/08 | 46-1/03 |
| VIX: | 15.9 | 20.0 | 90 | 8.8 |
| McClellan Osc: | 8 | (24) | 108 | (123) |
| McClellan Sum: | 602 | 540 | 1568 | (1514) |
| Newsletter Surveys | ||||
InvestorsIntel.Bull: | 52.7 | 55.1 | 63 | 22.21 |
InvestorsIntel.Bear: | 22.0 | 19.1 | 54.4 | 16 |
AAII Bull: | 51.5 | 42.0 | n/a | n/a |
AAII Bear: | 26.9 | 34.3 | n/a | n/a |
| US Equity-1 week lag | n/a | 3.2B | ||
| Money Market Flows | (21B) | (3.8B) | ||
| Baltic Dry Index: | 1064 | 1137 | 11700 | 663 |
Bullish %: | 87 | 86 | 88 | 2 |
| Insider Corporate Sellers: | 43:1 | 10:1 | 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
Subscribe in a reader
No comments:
Post a Comment