Market Value (CAP) to GDP: 40% 196%
Bond Yields 14% 2%
Debt to GDP 135% 251%
Protectionism: Tear Down that Wall Build a Wall
With Bond yields jumping (at least short term) $$ are coming out of Bond Funds into stocks. Sentiment Indicators regression into quietude - VIX, newsletters, stocks on BUY signals. and Breadth back positive during the rally,
Here are the numbers:
| Date | 11/18/2016 | 11/11/2016 | |
| Indices: | DJIA | 18868 | 18847 |
| NAZ | 5321 | 5237 | |
| SPX | 2181 | 2164 | |
| WklyVolume (Bshs). | naz/ny…. | 10.4/4.9 | 11.6/5.9 |
| Specul.Ratio hi=bullish | 2.12 | 1.97 | |
| Sentiment: | put/call-CBOE | 60 | 61 |
| VIX>50-alltmlow=8.8 | 12.9 | 14.2 | |
| DeltaMSI-50% | MAC crossover | 58% | 39% |
| Advance/Dec-NYSE.. | 1982/1149 | 1781/1355 | |
| Weekly Net: | 833 | 426 | |
| Cumulative: | 169180 | 168347 | |
| Weekly | NYSE hi/low… | 450/355 | 394/331 |
| New Hi's/Low's | Nasdaq h/l | 680/135 | 530/271 |
| McClellan | Oscillator | 22 | 4 |
| McClellanSum | .+750/-1000 | -182 | -299 |
| Newsletter | Inv.Intel -Bull | 51 | Nov.8-42.9 |
| Surveys-Tues | Bear:-5yrs | 23.5 | 25.7 |
| Wed. | AAII -Bull | 46.7 | Nov.9-38 |
| Bear | 26.6 | 29.3 | |
| US$-WSJ | 101.3 | 99 | |
| 3-box rev | Bullish%- | 61 | 57 |
| US equity -ICI | Fund Flows | WeekLate | (6.3B) |
| MMF flows | Change in $B | 3.3B | 5.9B |
| MargDebt- top (300M) | monthly | ||
| 10-yr Tsy yield | hi= stock buying | 2.36% | 2.15% |
| 2-yr Tsy Yield: Inflation | 1.07% | 0.92% | |
| TIP (ETF) | Inflation | 112.2 | 114.3 |
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
No comments:
Post a Comment