Monday, August 20, 2012

LAZY DAYS:

Sentiment numbers have regressed to the norm in most cases over the past week of low Volume ( elsewhere I pointed out that Volume is measured in shares, not capitalized weighting, so higher prices in AAPL, low priced banks, et.al., are not reflected exactly). Also, there has been some funny bifurcation at Barron's Market Lab statistics on Volume, so my one extreme outlier this week - record speculative Volume vis-a-vis NASD compared to NYSE- may not symbolize anything, as all other Indicators have tamed down. Breadth remains strong, and the Bullish % at 70 is getting a bit high!
Those readers who follow my DITM blog:

are advised that following my return, I may be transferring it to my new effort - writing for Seeking Alpha (see link below).


http://seekingalpha.com/article/813991-seeking-yield-and-safety

Next week I leave early on vacation so the report will be truncated to those available.
Here are the numbers:


Date>
8/17/2012 8/10/2012
Indices: DJIA  13275 13207
  NAZ  3076 3020

SPX  1418 1405
NASD/NYSE WklyVolume (Bshs). 8.0/2.8 8.5/3.1
nasd/nyse Specul.Ratio hi=bullish 2.86 2.70
Sentiment: put/call-CBOE  61 61
Barron's VIX>50-alltmlow=8.8 13.5 14.7

Advance/Dec-NYSE.. 1995/1157 2020/1117

Weekly Net: 838 903

     Cumulative: 139955 139117
Weekly  NYSE hi/low 359/45 495/51
New Hi's/Low's Nasdaq h/l 190/125 208/134
McClellan  Oscillator 29 17
McClellan Sum .+750/-1000 656 601
Newsletter Inv.Intel -Bull:tues 43.6 43.6
Surveys Bear:-5yrs 26.6 25.5

AAII  -Bull :wed. 36.8 36.5

Bear  28.1 27.4
COT:Change w/w large/small (net)k 1/(1) 6/(5)
CEOinsider selling 25:1 45:1
BalticDryIndex GlobalEcon discont.
3-box rev Bullish%-  70 67
US equity -ICI Fund Flows 1 wk lag (3.6B)
MMF flows Change in $B 11.7B 10.9B
MargDebt- top (300M) monthly  JUNE: 284 B
ETF:Eqty/Int'l/Bond  million$$ . JUNE: 686/258/222
2-yr Tsy Yield: Inflation 0.30% 0.26%

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


Share/Save/Bookmark

No comments:

Post a Comment