Monday, September 30, 2013

INSIDE(R) OUT

Although the Insider Selling Indicator I have followed for years is not the best signal of market action, one hopes that the Key employees - CEOs- know what their company stock might do. In lieu of the Oct. deadlines ahead, that number blew up from a month ago's 13 to 1 Sellers to last week's 180 to 1 ! That is almost as high as the multi-year record of 235, and higher than the 108 number which occurred in mid-May 2009 - just as this 4 year Bull market was underway.

Even with today's 3-digit drop in the DJIA not much panic has set in for traders/investors. Au contraire, the Nasdaq to NYSE Volume shot up (speculative) to a high 2.76 to 1, near its record high of 3.15. 36B moved into Money Markets last week, which is exactly the same number that moved out of Equity ETFs for last month. Bond and In'tl ETFs remained the same, as did many other Indicators.

For more commentary, please go to:
 http://www.examiner.com/stock-market-in-san-francisco/brent-leonard

Here are the numbers:


 
Date>
9/27/2013 9/20/2013
Indices: DJIA  15258 15451
NAZ  3781 3774

SPX  1691 1709
WklyVolume (Bshs). 8.8/3.3 9.0/4.8
NASD/NYSE 2.67 1.88
Specul.Ratio hi=bullish

Sentiment: put/call-CBOE  61 57
VIX>50-alltmlow=8.8 15.5 13.1
Advance/Dec-NYSE.. 1472/1709 2292/886
Weekly Net:
-234 1406
     Cumulative: 151348 151582
Weekly  NYSE hi/low 294/98 515/101
New Hi's/Low's Nasdaq h/l 372/71 471/60
McClellan  Oscillator 5 33
McClellanSum .+750/-1000 302 212
Newsletter Inv.Intel -Bull:tues n/a 42.3
Surveys Bear:-5yrs n/a 21.6

AAII  -Bull :wed. 36.1 45.1

Bear  30.6 29.7
COT:SPX w/w large/small (net)k 11/14 16/(26)
COT:gold  comm.hedg long-short.000 -72 -66
CEOinsider selling 180:1 52:1
3-box rev Bullish%-  79 80
US equity -ICI Fund Flows 1weeklag  minim.
MMF flows Change in $B 36B (1.4B)
MargDebt- top (300M) monthly  383B
ETF:mthlyEqty/ Int'l/Bond-$B

2-yr Tsy Yield: Inflation 0.34% 0.34%


























36B
383B

0.34%

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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