Nothing to write home about: 1st negative week in a month, with slightly less Volume.
NASD to NYSE Volume quite low - conservative investing, not speculative- a good sign.
Some weakness in Breadth and stocks on a Buy signal (Hallowe'en Madness), bit still more highs than lows, although number of stocks out there (Wilshire Index) has been decreasing for most of the new Century. McLellan Oscillator near - minus 50 - my usual BUY signal for Monday.
Finally, mutual fund flows were positive (Inflows) for the first time in two months -reported a week late.
Here are the numbers:
| Date> | 10/7/2016 | 9/30/2016 | |
| Indices: | DJIA | 18240 | 18308 |
| NAZ | 5292 | 5312 | |
| SPX | 2153 | 2168 | |
| WklyVolume (Bshs). | naz/ny…. | 8.3/4.5 | 9.1/4.7 |
| Specul.Ratio hi=bullish | 1.84 | 1.94 | |
| Sentiment: | put/call-CBOE | 62 | 67 |
| VIX>50-alltmlow=8.8 | 13.5 | 13.3 | |
| DeltaMSI-50% | MAC crossover | 60% | 65% |
| Advance/Dec-NYSE.. | 1076/2047 | 1487/1638 | |
| Weekly Net: | -971 | -151 | |
| Cumulative: | 171257 | 172228 | |
| Weekly | NYSE hi/low… | 222/56 | 253/56 |
| New Hi's/Low's | Nasdaq h/l | 283/127 | 285/99 |
| McClellan | Oscillator | -42 | 4 |
| McClellanSum | .+750/-1000 | 437 | 559 |
| Newsletter | Inv.Intel -Bull | 46.7 | 45.2 |
| Surveys-Tues | Bear:-5yrs | 22.8 | 23.1 |
| Wed. | AAII -Bull | 28.8 | 24 |
| Bear | 27.9 | 37.1 | |
| US$-WSJ | 96.5 | 95.4 | |
| 3-box rev | Bullish%- | 67 | 71 |
| US equity -ICI | Fund Flows | WeekLate | 7.8B |
| MMF flows | Change in $B | (25B) | 10.5B |
| MargDebt- top (300M) | monthly | 471B | AUG: |
| 10-yr Tsy yield | hi= stock buying | 1.72% | 1.60% |
| 2-yr Tsy Yield: Inflation | 0.83% | 0.76% | |
| TIP (ETF) | Inflation | 116.6 | 118.06 |
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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