For the second week in a row, the Advance/Decline was
negative - much more than the prior week. Most extreme was the Insider Selling
Volume - HUGE- and the ratio was 75 to 1 over Buyers. This is not as great an
indicator, since it comingles 10% stock holders along with the Board members
and Officers- the latter being the most
informed. Still...
The McClellan oscillator, near the minus 50 level, at
-38, could have foretold the nice Monday rally, but no more than that.Date> | 12/13/2013 | 12/6/2013 | |
Indices: | DJIA | 15755 | 16020 |
NAZ | 4000 | 4062 | |
SPX | 1775 | 1805 | |
WklyVolume (Bshs). | naz/ny | 8.9/3.4 | 8.9/3.6 |
Specul.Ratio hi=bullish | 2.62 | 2.47 | |
Sentiment: | put/call-CBOE | 60 | 55 |
VIX>50-alltmlow=8.8 | 15.8 | 13.8 | |
Advance/Dec-NYSE.. | 875/2324 | 1059/2133 | |
Weekly Net: | -1449 | -1074 | |
Cumulative: | 151435 | 152884 | |
Weekly | NYSE hi/low | 269/401 | 323/259 |
New Hi's/Low's | Nasdaq h/l | 281/125 | 386/83 |
McClellan | Oscillator | -38 | -18 |
McClellanSum | .+750/-1000 | 29 | 213 |
Newsletter | Inv.Intel -Bull:tues | 58.2 | 57.1 |
Surveys | Bear:-5yrs | 14.3 | 14.3 |
AAII -Bull :wed. | 41.3 | 42.6 | |
Bear | 25 | 27.5 | |
COT:SPX w/w | large/small (net)k | 13/22 | 6/25 |
COT:gold comm.hedg | long-short.000 | (29k) | (22k) |
CEOinsider | selling | 75:1huge | 29:1 |
3-box rev | Bullish%- | 80 | 83 |
US equity -ICI | Fund Flows | WeekDelay | (1.0B) |
MMF flows | Change in $B | 7.5B | 24.2B |
MargDebt- top (300M) | monthly | ||
ETF:mthlyEqty/ | Int'l/Bond-$B | ||
2-yr Tsy Yield: Inflation | 0.32% | 0.30% |
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
No comments:
Post a Comment