Monday, March 5, 2012

SAME-O, SAME-O:

After a boring week ( the DJIA rose 4 points), Sentiment Indicators reflected same: most were Bearish FOR the market - Bullish %, newsletter surveys of Bulls/Bears; Insider selling still high at 45:1.
Bullish Indicators were CBOE put/call ratio, showing hedging - and the McClellan Oscillator nearing the bottom of its range, at -37. Major market indices' trendlines were broken on Friday, and continue down today.
Here are the stats:


Date>
3/1/2012 2/24/2012..
Indices: DJIA  12977 12982
  NAZ  2976 2963

SPX  1369 1365
NASD/NYSE WklyVolume (Bshs). 9.3/4.1 6.9/2.9
nasd/nyse Specul.Ratio hi=bullish 2.27 2.38
Sentiment: put/call-CBOE  63 66
Barron's VIX>50-alltmlow=8.8 17.3 17.3

Advance/Dec-NYSE.. 1401/1759 1790/1343

Weekly Net: -358 447

     Cumulative: 133223 133581
Weekly  NYSE hi/low 383/27 336/7
New Hi's/Low's Nasdaq h/l 236/63 230/44
McClellan  Oscillator -37 -6
McClellan Sum .+750/-1000 1116 1231
Newsletter Inv.Intel -Bull:tues 51.1 51.1
Surveys Bear:-5yrs 25.5 26.6

AAII  -Bull :wed. 44.5 43.7

Bear  26.8 27.5
COT:Change w/w large/small (net)k (5)/24 (8)/30
CEOinsider selling 45:1 91:1
BalticDryIndex GlobalEcon 763 706
3-box rev Bullish%-  85 85
US equity -ICI Fund Flows 1 wk lag (.3B)
MMF flows Change in $B (13.1B) 6.2B
MargDebt- top (300M) monthly OCT.

ETF:Eqty/Int'l/Bond  million$$ OCT.

2-yr Tsy Yield: Inflation 0.28% 0.31%
Euro futures 1 yr.offset-CommHedg 5.19 5.08

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