WMDs: WEAPONS OF MATH DESTRUCTION:

Barron's magazine this week reported the Big Money Poll Result for the upcoming months - even these geniuses can prove to be a Contrarian's delight. Last Fall the number of Bulls was a lowly 52% - as we now know, the market rallied some 24% since then; the previous Spring the number was 59%, just when the when the DJIA was poised to drop 800 points in May, and 1600 points in June. The Poll number is now 55% Bullish (4% VERY).
Barron's also reported the oft-quoted statistic that since WWII the Nov. to May cycle has produced a profit on $100 to nearly $10,000; while its complementary cycle (May to Nov.) would have netted $99, or a $1 LOSS. If today is any indication.....
The Indicators are, on the whole, rather benign with the Bullish exception of a reversal in the AAII Bull/Bear ratio to 31 Bulls to 33 Bears; also the number of Insider Sales to Buys dropped precipitously, and the MMFs actually had a small Inflow for the first time on many months.

Here are the numbers:

Date>		4/20/2012	4/13/2012
Indices:	DJIA	13029	12849
	NAZ	3000	3011
	SPX	1378	1370
NASD/NYSE	WklyVolume (Bshs).	8.6/4.0	7.7/4.0
nasd/nyse	Specul.Ratio hi=bullish	2.15	1.93
Sentiment:	put/call-CBOE	63	66
Barron's	VIX>50-alltmlow=8.8	17.4	19.6
	Advance/Dec-NYSE..	2036/1136	915/2260
	Weekly Net:	900	-1345
	Cumulative:	132400	131500
Weekly	NYSE hi/low	208/93	111/109
New Hi's/Low's	Nasdaq h/l	194/120	113/142
McClellan	Oscillator	-8	-46
McClellan Sum	.+750/-1000	139	231
Newsletter	Inv.Intel -Bull:tues	44.1	48.4
Surveys	Bear:-5yrs	23.7	21.5
	AAII  -Bull :wed.	31.2	28.1
	Bear	33.8	41.6
COT:Change w/w	large/small (net)k	8/(5)	2/(1)
CEOinsider	selling	12:1	42:1
BalticDryIndex	GlobalEcon	972	928
3-box rev	Bullish%-	74	sell76
US equity -ICI	Fund Flows	1 wk lag	(1.5B)
MMF flows	Change in $B	.3B	(6.1B)
MargDebt- top (300M)	monthly FEB..
ETF:Eqty/Int'l/Bond	million$$ FEB..
2-yr Tsy Yield: Inflation		0.28%	0.27%
Euro futures	1 yr.offset-CommHedg	5.3	5.3

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

WMDs: WEAPONS OF MATH DESTRUCTION: