Volume was back to normal, with an edge to speculative (Nasdaq over NYSE), MSI stocks on a Buy signal rose to a new recent high of 74 as did the Bullish Consensus, while VIX "slud" to 11.2. The Inflation Indicator - TIP hit 114 for the first time in awhile, and Margin Interest hit $500B, near its $507B high - scary, when you think about having to cover that in a major slide -margin calls. MMF outflows doubled from the prior week Here are the numbers:
Date | 1/13/17 | 1/6/2017 | |
Indices: | DJIA | 19885 | 19963 |
NAZ | 5574 | 5521 | |
SPX | 2274 | 2277 | |
WklyVolume (Bshs). | naz/ny…. | 8.9/4.2 | 7.2/3.6 |
Specul.Ratio hi=bullish | 2.12 | 2 | |
Sentiment: | put/call-CBOE | 64 | 67 |
VIX>50-alltmlow=8.8 | 11.2 | 11.3 | |
DeltaMSI-50% | MAC crossover | 74.2 | 69.8 |
Advance/Dec-NYSE.. | 1757/1339 | 2369/724 | |
Weekly Net: | 418 | 1645 | |
Cumulative: | 172608 | 172190 | |
Weekly | NYSE hi/low… | 295/39 | 360/27 |
New Hi's/Low's | Nasdaq h/l | 308/79 | 362/67 |
McClellan | Oscillator | 17 | 21.4 |
McClellanSum | .+750/-1000 | 644 | 577 |
Newsletter | Inv.Intel -Bull | 58.4 | 60.2 |
Surveys-Tues | Bear:-5yrs | 18.3 | 18.4 |
Wed. | AAII -Bull | 43.6 | 46.2 |
Bear | 27 | 25.2 | |
US$-WSJ | 101.2 | 103 | |
3-box rev | Bullish%- | 73 | 72 |
US equity -ICI | Fund Flows | WeekLate | (2.1B) |
MMF flows | Change in $B | (22.5B) | (11.3B) |
MargDebt- top (300M) | monthly | NOV. | 500B |
10-yr Tsy yield | hi= stock buying | 2.4 | 2.42 |
2-yr Tsy Yield: Inflation | 1.2 | 1.21 | |
TIP (ETF) | Inflation | 114 | 113.5 |
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
Subscribe in a reader
No comments:
Post a Comment