That's the way the market seem these lazy days of summer - August.
Last week the NYSE New Highs to Lows went negative, following the week before's Nasdaq lead. Advance/decline stocks also went negative.
Stocks on a BUY signal are barely positive (54), while its twin, the Delta MACD is at 51.
With no signs of a Recession or Inflation, hopefully it's just setting up for a correction or reaccumulation for another winter rally.
Here are the numbers:
| Date | 8/18/2017 | 8/11/2017 | |
| Indices: | DJIA | 21674 | 21858 |
| NAZ | 6216 | 6256 | |
| SPX | 2425 | 2441 | |
| WklyVolume (Bshs). | naz/ny…. | 9.0/3.9 | 9.5/4.0 |
| Specul.Ratio hi=bullish | 2.31 | 2.38 | |
| Sentiment: | put/call-CBOE | 71 | 81 |
| VIX>50-alltmlow=8.8 | 14.3 | 15.5 | |
| DeltaMSI-50% | MAC crossover | 51 | 60 |
| Advance/Dec-NYSE.. | 1386/1678 | 561/2527 | |
| Weekly Net: | -292 | -1966 | |
| Cumulative: | 177621 | 177913 | |
| Weekly | NYSE hi/low… | 164/245 | 259/231 |
| New Hi's/Low's | Nasdaq h/l | 147/282 | 244/297 |
| McClellan | Oscillator | -49 | -69 |
| McClellanSum | .+750/-1000 | 241 | 460 |
| Newsletter | Inv.Intel -Bull | 50.5 | 57.5 |
| Surveys-Tues | Bear:-5yrs | 18.1 | 17 |
| Wed. | AAII -Bull | 34.2 | 33.7 |
| Bear | 32.8 | 32.3 | |
| US$-WSJ | 93.4 | 93.1 | |
| 3-box rev | Bullish%- | 54 | 67 |
| US equity -ICI | Fund Flows | weeklate | (2.8B) |
| MMF flows | Change in $B | 12.6B | 30B |
| MargDebt- top (300M) | monthly | ||
| 10-yr Tsy yield | hi= stock buying | 2.2 | 2.19 |
| 2-yr Tsy Yield: Inflation | 1.31 | 1.29 | |
| TIP (ETF) | Inflation | 114 | 111.7 |
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