Till Debt Do Us Part

No one, including our Fed, seems to be concerned about the massive Debt that the country - gov't, household- even global- is increasing. This cannot end well, whether now or (worse) later. Even reliable cycles - 7 to 8  year ( count from at least 1966), or the destructive 80-year (1930s) portend disaster. Debt to GDP (production) has gone from 55% in 2000 to 110% now (a double!!).

Record low interest rates usually indicate a bad Economy, but the Stock Market roars on!
The wrong Sectors - defensive - are leading the market - Util, Finance, Health, Staples. Quarterly earnings are down for the 5th Q. 18 of the last 19 Recessions have seen the Fed tighten in some manner; they also seem to occur @ the zero year of a decade.

But Breadth is incredibly strong recently - for only the third week in 2016 (since Feb.) mutual equity funds showed Inflows, only .3B - of course ETFs have gained more this year. NYSE new highs to lows were --- 659 to 11; stocks on BUY signals are high.
For the second month in a row (third this year) Insider Selling is huge (Bearish). Each time, including also last Nov., the market sold off.

Here are the numbers:

Date>		7/15/2016	7/8/2016
Indices:	DJIA	18516	18146
	NAZ	5029	4956
	SPX	2161	2129
WklyVolume (Bshs).	naz/ny….	8.4/4.3	7.1/3.8 *
Specul.Ratio hi=bullish		1.95	1.87
Sentiment:	put/call-CBOE	56	64
VIX>50-alltmlow=8.8		12.7	13.2
DeltaMSI-50%	MAC crossover	67%	55%
Advance/Dec-NYSE..		2158/984	2073/1067
Weekly Net:		1174	1006
Cumulative:		170845nh	169671nh
Weekly	NYSE hi/low…	659/11	564/62
New Hi's/Low's	Nasdaq h/l	387/70	242/116
McClellan	Oscillator	33	49
McClellanSum	.+750/-1000	1152	914
Newsletter	Inv.Intel -Bull	52.5	47.1
Surveys-Tues	Bear:-5yrs	24.7	24.5
Wed.	AAII  -Bull	36.9	31.1
	Bear	24.4	26.7
US$-WSJ		96.7	96.3
3-box rev	Bullish%-	72	59
US equity -ICI	Fund Flows	WeekLate	.3B
MMF flows	Change in $B	(2B)	(17.4B)
MargDebt- top (300M)	monthly
10-yr Tsy yield	hi= stock buying	1.55%	1.36%
2-yr Tsy Yield: Inflation		0.67%	0.60%
TIP (ETF)	Inflation	116.3	117.5

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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Till Debt Do Us Part