Wearin' Of The Green

Stocks were basically green (UP), at least for the start of last week, only to sustain a slight hangover into the weekend.  Breadth did a major turnaround, from negative to positive; the McClellan Oscillator jumped from minus 61 to plus two. Still worrisome are the Bulls to Bears ( Inv. Intell.) and record margin interest, which could cost more as rates rise. Contrary to conventional wisdom, stocks to not fall as interest rates rise, at least at first - when they normalize, bond rates become competitive, especially when they overshoot, as they are wont to do.
Here are the numbers:

Date		3/17/2017	3/10/2017
Indices:	DJIA	20914	20902
	NAZ	5901	5861
	SPX	2378	2372
WklyVolume (Bshs).	naz/ny….	10.0/5.5	9.2/4.2
Specul.Ratio hi=bullish		1.82	2.19
Sentiment:	put/call-CBOE	66	62
VIX>50-alltmlow=8.8		11.3	11.7
DeltaMSI-50%	MAC crossover	53	58.5
Advance/Dec-NYSE..		2243/868	678/2426
Weekly Net:		1375	-1748
Cumulative:		174620	173245
Weekly	NYSE hi/low…	305/139	162/169
New Hi's/Low's	Nasdaq h/l	372/160	236/166
McClellan	Oscillator	2	-61
McClellanSum	.+750/-1000	320	440
Newsletter	Inv.Intel -Bull	53.4	57.7
Surveys-Tues	Bear:-5yrs	17.5	17.3
Wed.	AAII  -Bull	31.2	30
	Bear	38.7	46.5
US$-WSJ		100.3	101.4
3-box rev	Bullish%-	76	76
US equity -ICI	Fund Flows	WeekLate	4.3B
MMF flows	Change in $B	(11.7B)	10.1B
MargDebt- top (300M)	monthly	Jan.	513Bnh
10-yr Tsy yield	hi= stock buying	2.5	2.6
2-yr Tsy Yield: Inflation		1.33	1.35
TIP (ETF)	Inflation	113.7	113

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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Wearin' Of The Green