Monday, October 12, 2015

PARTY ON

Maybe our Con-gress (as opposed to Pro-gress) should stop using the term "Party" for their groups- to be taken more seriously! Kicking the bottles down the road - gov't shutdown delayed till Nov.5, Dec.11 gov't spending deadline, Repubs looking for a leader, Fed hiking rates...

  Nice snapback rally (shortcovering?) so far - even today, following the strong breadth of last week- 9:1 advances over declines, although the high McClellan Oscillator was overbought. Insider selling was large after a quiet Fall.
Here are the numbers:

Date> 10/9/2015 10/2/2015
Indices: DJIA  17084 16472
  NAZ  4830 4707
SPX  2014 1951
WklyVolume (Bshs). naz/ny…. 9.9/5.1 11.3/5.4
Specul.Ratio hi=bullish 1.94 2.1
Sentiment: put/call-CBOE  69 79
VIX>50-alltmlow=8.8 17.1 20.9
Advance/Dec-NYSE.. 2871/371 1444/1805
Weekly Net: 2500 361
     Cumulative: 161135 158635
Weekly  NYSE hi/low… 115/53 26/795
New Hi's/Low's Nasdaq h/l 143/130 61/618
McClellan  Oscillator 88 21
McClellanSum .+750/-1000 -75 -452
Newsletter Inv.Intel -Bull 30.2 24.7
Surveys-Tues Bear:-5yrs 34.4 35.1
Wed. AAII  -Bull  37.5 28.1
Bear  28.2 39.9
US$-WSJ 87.3 88.5
CEOinsider selling .76:1     .30:1
3-box rev Bullish%-  50 31
US equity -ICI Fund Flows week delay  (7.2B)
MMF flows Change in $B 3.7B 8.4B
MargDebt- top (300M) monthly  473B AUG:
ETF:mthlyEqty/ Int'l/Bond-$B 1275/509/321 JUL:
2-yr Tsy Yield: Inflation 0.64% 0.59%
TIP (ETF) Inflation 111.3 111.7

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