The previous week ( the "Selling" week) saw $8.7B come out of Equity funds, although flows from all ETFs for March (see bottom of table) - domestic and foreign equity, and bond ETFs- were flat. Margin buying increased slightly, per ICI.
The AAII Bull/Bear ratio became more inverted - a bullish sign. And very short term (as we see today) the McClellan Oscillator rose to +44, near my +50 line.
Here are the numbers:
Date> | 4/27/2012 | 4/20/2012 | |
Indices: | DJIA | 13228 | 13029 |
NAZ | 3069 | 3000 | |
SPX | 1403 | 1378 | |
NASD/NYSE | WklyVolume (Bshs). | 8.6/3.9 | 8.6/4.0 |
nasd/nyse | Specul.Ratio hi=bullish | 2.21 | 2.15 |
Sentiment: | put/call-CBOE | 59 | 63 |
Barron's | VIX>50-alltmlow=8.8 | 16.3 | 17.4 |
Advance/Dec-NYSE.. | 2251/923 | 2036/1136 | |
Weekly Net: | 1328 | 900 | |
Cumulative: | 133728 | 132400 | |
Weekly | NYSE hi/low | 308/102 | 208/93 |
New Hi's/Low's | Nasdaq h/l | 238/125 | 194/120 |
McClellan | Oscillator | 44 | -8 |
McClellan Sum | .+750/-1000 | 193 | 139 |
Newsletter | Inv.Intel -Bull:tues | 41.9 | 44.1 |
Surveys | Bear:-5yrs | 23.7 | 23.7 |
AAII -Bull :wed. | 27.6 | 31.2 | |
Bear | 37.4 | 33.8 | |
COT:Change w/w | large/small (net)k | 2/(8) | 8/(5) |
CEOinsider | selling | 58:1 | 12:1 |
BalticDryIndex | GlobalEcon | 1116 | 972 |
3-box rev | Bullish%- | 71 | 74 |
US equity -ICI | Fund Flows | 1 wk lag | (8.7B) |
MMF flows | Change in $B | (.5B) | .3B |
MargDebt- top (300M) | monthly | MARCH | $295B |
ETF:Eqty/Int'l/Bond | million$$ . | MARCH | 704/286/202 |
2-yr Tsy Yield: Inflation | 0.27% | 0.28% | |
Euro futures | 1 yr.offset-CommHedg | 5.3 | 5.3 |
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