Monday, February 4, 2013

W(H)ITHER THE DOW?

As this blog has noted all year (??), caution is to be used in the stock market, due to several toppy Indicators, especially the previous week. Please visit the Examiner.com column for detailed text of this past week's signals:  



Date>
2/1/2013 1/25/2013
Indices: DJIA  14009 13895
  NAZ  3179 3149

SPX  1513 1502
WklyVolume (Bshs).

NASD/NYSE   10.0/3.8 7.3/2.7
Specul.Ratio hi=bullish 2.63 2.70
nasd/nyse


Sentiment: put/call-CBOE  68 66
VIX>50-alltmlow=8.8 12.9 12.9
Advance/Dec-NYSE.. 1764/1384 2181/957
Weekly Net:
380 1224
     Cumulative: 147209 146829
Weekly  NYSE hi/low 725/48 794/32
New Hi's/Low's Nasdaq h/l 496/51 432/32
McClellan  Oscillator 14 35
McClellanSum .+750/-1000 1083 1046
Newsletter Inv.Intel -Bull:tues 54.3 53.2
Surveys Bear:-5yrs 22.3 22.3

AAII  -Bull :wed. 48 52.3

Bear  24.3 24.3
COT:Change w/w large/small (net)k 14/24 12/35.
CEOinsider selling 64:1 47:1
3-box rev Bullish%-  82 81
US equity -ICI Fund Flows 1weeklag 3.5B
MMF flows Change in $B (.1B) (4.9B)
MargDebt- top (300M) monthly  330B
ETF:Eqty/ Int'l/Bond 764/329/243
Assets in  Billion$$ .

2-yr Tsy Yield: Inflation 0.29% 0.29%



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