BETTER LATE-

Away from my computer whilst I get my left knee replaced, I made it back safely with some updates to the Sentiment picture of the Stock Market:
Although everyone says there is no Inflation out there, the 2-year Treasury Note yield jumped to a  new high of .88% from 0.73%; CEO Insider selling - the guys who know their companies, tripled their selling - although that has never been a great signal, espec. at year end. 48:1 over buyers, now 160:1.
Here are the numbers:

Date>		11/6/2015	10/30/2015
Indices:	DJIA	17910	17663
	NAZ	5147	5053
	SPX	2099	2079
WklyVolume (Bshs).	naz/ny….		9.6/4.9
Specul.Ratio hi=bullish			1.96
Sentiment:	put/call-CBOE	66	62
VIX>50-alltmlow=8.8		4.3	15.1
Advance/Dec-NYSE..		1762/1469	1495/1724
Weekly Net:		293	-229
Cumulative:		162109	161816
Weekly	NYSE hi/low…	253/157	202/198
New Hi's/Low's	Nasdaq h/l	305/205	269/280
McClellan	Oscillator	-25	5
McClellanSum	.+750/-1000	441	412
Newsletter	Inv.Intel -Bull	46.9	43.7
Surveys-Tues	Bear:-5yrs	28.1	29.2
Wed.	AAII  -Bull	39	40.4
	Bear	18.6	20.6
US$-WSJ		90.2	88.6
CEOinsider	selling	.160:1 cons.	.48:1
3-box rev	Bullish%-	70	69
US equity -ICI	Fund Flows	week delay	(2.5B)
MMF flows	Change in $B	(14.8B)	18.3B
MargDebt- top (300M)	monthly		454B
ETF:mthlyEqty/	Int'l/Bond-$B		1174/445/333B
2-yr Tsy Yield: Inflation		0.88%	0.73%
TIP (ETF)	Inflation	109.7	110.9

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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BETTER LATE-

GENERAL-IZATION

As mentioned last week, only a few "generals" led the best month in 4 year rally, in typically the worst month of the year. With global debt at extremes, and interest rates at 5,000 year lows                 ( Wealthtrack.com) it still seems prudent to hedge stocks in one's portfolio. Despite the lack of euphoria preceding a Crash, the easy money (QEs) from the Fed is worrisome at some point.
Although the best way to lose friends and influence people is to loan money and give advice, I'd say keep investing in the large Cap stocks, such as SPY and QQQs, which have outpaced their peers 3:1 recently.

Meanwhile, Sentiment shows Insider CEO's selling doubling last week's - 48:1; monthly figures show ETF withdrawals in Equities and Int'l stocks, going into MMFs. All else seems normal..

Date>		10/30/2015	10/23/2015
Indices:	DJIA	17663	17646
	NAZ	5053	5031
	SPX	2079	2075
WklyVolume (Bshs).	naz/ny….	9.6/4.9	9.4/4.5
Specul.Ratio hi=bullish		1.96	2.09
Sentiment:	put/call-CBOE	62	71
VIX>50-alltmlow=8.8		15.1	14.4
Advance/Dec-NYSE..		1495/1724	1933/1299
Weekly Net:		-229	634
Cumulative:		161816	162045
Weekly	NYSE hi/low…	202/198	228/136
New Hi's/Low's	Nasdaq h/l	269/280	225/211
McClellan	Oscillator	5	39
McClellanSum	.+750/-1000	412	373
Newsletter	Inv.Intel -Bull	43.7	37.5
Surveys-Tues	Bear:-5yrs	29.2	31.3
Wed.	AAII  -Bull	40.4	34.8
	Bear	20.6	24
US$-WSJ		88.6	88
CEOinsider	selling	.48:1	.26:1
3-box rev	Bullish%-	69	63
US equity -ICI	Fund Flows	week delay	week delay
MMF flows	Change in $B	18.3B	1B
MargDebt- top (300M)	monthly	454B	454B
ETF:mthlyEqty/	Int'l/Bond-$B	1174/445/333B	1202/465/324
2-yr Tsy Yield: Inflation		0.73%	0.65%
TIP (ETF)	Inflation	110.9	111.3

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

GENERAL-IZATION