Most Sentiment Indicators last week returned to normal - Volume, breadth (except for the New Lows to Highs !!!); The McClellan Summation (of its Oscillator readings) dropped below minus 700, a rara avis! Previous lows hit (1514).The AAII Individual Investor Bull/Bear survey worsened, but that comes out midweek, just as the stock market reversed (Oversold, short covering. Invisible Hand).
Here are the numbers:
| Date> | 2016 | 1/22/16 | 1/15/16 |
| Indices: | DJIA | 16093 | 15988 |
| NAZ | 4591 | 4488 | |
| SPX | 1906 | 1880 | |
| WklyVolume (Bshs). | naz/ny…. | 10.1/5.1 | 12.2/6.1 |
| Specul.Ratio hi=bullish | 1.98 | 2 | |
| Sentiment: | put/call-CBOE | 63 | 93 |
| VIX>50-alltmlow=8.8 | 22.3 | 27 | |
| Advance/Dec-NYSE.. | 1888/1299 | 461/2756 | |
| Weekly Net: | 589 | -2295 | |
| Cumulative: | 156627 | 156038 | |
| Weekly | NYSE hi/low… | 26/1451 | 46/1283 |
| New Hi's/Low's | Nasdaq h/l | 28/1055 | 33/1025 |
| McClellan | Oscillator | -6 | -78 |
| McClellanSum | .+750/-1000 | -770 | -535 |
| Newsletter | Inv.Intel -Bull | 26.8 | 28.6 |
| Surveys-Tues | Bear:-5yrs | 36.1 | 35.7 |
| Wed. | AAII -Bull | 21.5 | 17.9 |
| Bear | 48.7 | 45.6 | |
| US$-WSJ | 99.5 | 99 | |
| CEOinsider | selling | disc. | |
| 3-box rev | Bullish%- | 28 | 27 |
| US equity -ICI | Fund Flows | (1.6B) | WeekLate |
| MMF flows | Change in $B | .5B | 7.9B |
| MargDebt- top (300M) | monthly | NOV.: | 473B |
| 2-yr Tsy Yield: Inflation | 0.87% | 0.85% | |
| TIP (ETF) | Inflation | 110 | 110.2 |
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