In other Sentiment news, most Indicators backed off from their Extreme highs last week, with a couple exceptions. Breadth, as measured by A/D (advance and declines) were strong, especially the new highs to lows - both NYSE and NAS 10:1. And the latter's Volume to NYSE hit a RECORD HIGH of 3.17:1 - very speculative!
Investors Intelligence Bulls were still over 60%, and the Insider Selling continues at a record pace, both the 10% stock owners and the Officers/Board that I am starting to track a la finviz.com.
More commentary and investment meetups can be found at:
http://www.examiner.com/stock-market-in-san-francisco/brent-leonard
Here are the numbers:
| Date> | 1/10/2014 | 1/3/2014 | |
| Indices: | DJIA | 16437 | 16469 |
| NAZ | 4174 | 4131 | |
| SPX | 1842 | 1831 | |
| WklyVolume (Bshs). | naz/ny | 11.1/3.5 | 6.1/2.2 |
| Specul.Ratio hi=bullish | 3.17 | 2.77 | |
| Sentiment: | put/call-CBOE | 51 | 52 |
| VIX>50-alltmlow=8.8 | 12.1 | 13.8 | |
| Advance/Dec-NYSE.. | 2058/1147 | 1530/1582 | |
| Weekly Net: | 911 | -52 | |
| Cumulative: | 154940 | 154029 | |
| Weekly | NYSE hi/low | 418/45 | 395/101 |
| New Hi's/Low's | Nasdaq h/l | 470/51 | 387/38 |
| McClellan | Oscillator | 33 | 29 |
| McClellanSum | .+750/-1000 | 479 | 361 |
| Newsletter | Inv.Intel -Bull:tues | 60.6 | 61.6 |
| Surveys | Bear:-5yrs | 15.2 | 15.2 |
| AAII -Bull :wed. | 43.6 | 43.1 | |
| Bear | 25 | 29.3 | |
| COT:SPX w/w | large/small (net)k | 4/32k | N/A-hol. |
| COT:gold comm.hedg | long-short.000 | (42k) | N/A-hol. |
| CEOinsider | selling | 106:1 | 208:1 |
| off.&bd b/s.vs. | 10% holder b/s | 230:6 | 300s:1s |
| 3-box rev | Bullish%- | 82 | 83 |
| US equity -ICI | Fund Flows | 3.3B | .25B |
| MMF flows | Change in $B | (4.2B) | 24B |
| MargDebt- top (300M) | monthly | 424B | |
| ETF:mthlyEqty/ | Int'l/Bond-$B | NOV. | 999/395/248 |
| 2-yr Tsy Yield: Inflation | 0.39% | 0.40% | |
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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