Commercial gold traders still remain high in selling - down slightly from the prior week; insider selling of stocks is still also high - both officers/board and 10% owners.
The AAII Bulls jumped up 6 % points, Bears down slightly.
I shall be off again on vaca next week with no means to update this column.
Here are the numbers:
|New Hi's/Low's||Nasdaq h/l||210/124||157/153|
|AAII -Bull :wed.||46.1||39.8|
|COT:SPX w/w||large/small (net)k||5/(7)||4/(6)|
|off.&bd b/s.vs.||10% holder b/s||160/50||160:60(50sale)|
|US equity -ICI||Fund Flows||WeekDelay||(3.9B)|
|MMF flows||Change in $B||6.7B||10.5B|
|MargDebt- top (300M)||monthly|
|2-yr Tsy Yield: Inflation||0.50%||0.41%|
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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