TECHNICIANS' DELIGHT

Thanks be to Barron's for their reportage, and a tip of the hat to Sam Stoval of CFRA (much to the displeasure of his papa - Robert, I'm sure) ,and Vito Racanelli's column, several Technical trivia have emerged about the stock market:
2017 is becoming a rara avis historically for stocks, with only 8 days of more than 1% Volatility, vs. the average of 50/year since WWII - with 32 New Highs for the SPX - twice the average during that time. And, only 17 times that Aug. and Sept. ( so far !!) both closed positively.
Vito brings up the issue of declining public stocks, which has been cut in half over the past 20 years ( 3600 vs. 7200 in 1996); private equity seems to be replacing IPOs, due to pressures of being public and private $$ less demanding of activists. I remember the company's mandate before 2000 was what was best for the company and consumer, where it changed to  best for the stockholder ( whose major owners were CEOs, etc.) Interesting.

Not much notable amongst Sentiment and Breadth numbers this week, although markets did make new highs, and the NYSE and Nasdaq new highs jumped, and $$ flowed out of Equities and into MMFs again. And Advance/Declines made a turnaround reversal again from the prior week.

Here are the numbers:

Date		9/15/2017	9/8/2017
Indices:	DJIA	22268	21797
	NAZ	6448	6360
	SPX	2500	2461
WklyVolume (Bshs).	naz/ny….	10.0/5.4	7.5/3.3*
Specul.Ratio hi=bullish		1.85	2.27
Sentiment:	put/call-CBOE	60	63
VIX>50-alltmlow=8.8		10.2	12.1
DeltaMSI-50%	MAC crossover	57	54
Advance/Dec-NYSE..		2097/945	1227/1839
Weekly Net:		1152	-612
Cumulative:		180684	179534
Weekly	NYSE hi/low…	373/33	280/88
New Hi's/Low's	Nasdaq h/l	416/88	300/132
McClellan	Oscillator	38	13
McClellanSum	.+750/-1000	535	347
Newsletter	Inv.Intel -Bull	47.1	49.5
Surveys-Tues	Bear:-5yrs	20.2	19.1
Wed.	AAII  -Bull	41.3	29.3
	Bear	22	35.7
US$-WSJ		91.8	91.3
3-box rev	Bullish%-	69	66
US equity -ICI	Fund Flows	weeklate	(2.9B)
MMF flows	Change in $B	16.8B*	11.1B
MargDebt- top (300M)	monthly	550B
10-yr Tsy yield	hi= stock buying	2.20	2.05
2-yr Tsy Yield: Inflation		1.37	1.27
TIP (ETF)	Inflation	114.5	115.2