Monday, September 16, 2013

DAYDREAM BELIEVER

John Q. Public is still out of the stock market, as Equity funds again had outflows, and MMFs gained $20B. Speculative stocks outgained the 50 largest stocks 5 to 3 and the AAII Bulls jumped 10 points last week. Then there is the Time magazine cover!

For more commentary on seasonality and daytrading, please see:





Date>
9/13/2013 9/6/2013
Indices: DJIA  15376 14922
  NAZ  3722 3660

SPX  1688 1655
WklyVolume (Bshs). 8.2/3.3  
NASD/NYSE   2.48 6.6/2.8
Specul.Ratio hi=bullish
2.36
Sentiment: put/call-CBOE  55 53
VIX>50-alltmlow=8.8 14.2 15.9
Advance/Dec-NYSE.. 2132/1058 1939/1240
Weekly Net:
1074 699
     Cumulative: 150176 149102
Weekly  NYSE hi/low 364/158 170/135
New Hi's/Low's Nasdaq h/l 379/53 225/72
McClellan  Oscillator 37 16
McClellanSum .+750/-1000 -82 -304
Newsletter Inv.Intel -Bull:tues 37.1 37.1
Surveys Bear:-5yrs 22.7 23.7

AAII  -Bull :wed. 45.5 35.5

Bear  24.6 31.3
COT:SPX w/w large/small (net)k 12/(30). 7/-26
COT:gold  comm.hedg long-short.000 -81 -93
CEOinsider selling 34:1 13:1
3-box rev Bullish%-  76 75
US equity -ICI Fund Flows 1weeklag (.7B)
MMF flows Change in $B 20B (4.9B)
MargDebt- top (300M) monthly  382B JULY
ETF:mthlyEqty/ Int'l/Bond-$B 925/335/250 JULY
2-yr Tsy Yield: Inflation 0.44% 0.47%

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


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