More POOR Than STANDARD

Monday, June 16, 2014

More POOR Than STANDARD

The S&P 500 took a slight hiccup last week (25 points), a little over 1% - hardly the June correction we've been expecting - we still have option expiry, summer solstice, and quarterly rebalancing to go yet.

Standout Sentiment numbers last week included the Inv. Intell. Bulls near a record of 62%, the same number as the ratio of Insider Sellers to Buyers, as stated by Sectors. Individual tallies, officers/board members as well as 10% stockholders showed a fairly high number again, but not climactic.

Funnily enough, the record since I've been keeping these (around a decade), the highest number of Sector Selling was in May of 2009 - just when this huge Bull market was getting started - Go Figure.
Also at a recent record, for whatever it is worth, is the 2-year Treas. interest rate, at 0.45%

Here are the numbers:

Date>		6/13/2014	6/6/2014
Indices:	DJIA	16775	16924
	NAZ	4310	4321
	SPX	1936	1949
WklyVolume (Bshs).	naz/ny	8.9/2.9	8.4/3.1
Specul.Ratio hi=bullish		3.07	2.71
Sentiment:	put/call-CBOE	51	51
VIX>50-alltmlow=8.8		12.2	10.7
Advance/Dec-NYSE..		1302/1910	2093/1135
Weekly Net:		-608	958
Cumulative:		162390	162998
Weekly	NYSE hi/low	492/41	574/66
New Hi's/Low's	Nasdaq h/l	288/68	237/137
McClellan	Oscillator	-8	35
McClellanSum	.+750/-1000	950	915
Newsletter	Inv.Intel -Bull:tues	62.6	62.2
Surveys	Bear:-5yrs	17.2	17.4
	AAII -Bull :wed.	44.7	39.5
	Bear	21.3	22.2
COT:SPX w/w	large/small (net)k	11/(9)	4k/3k
COT:gold comm.hedg	long-short.000	(85k)	(64K)
CEOinsider	selling	62:1	26:1
off.&bd b/s.vs.	10% holder b/s	180:40	170:50
3-box rev	Bullish%-	82	78
US equity -ICI	Fund Flows	WeekDelay	(2.0B)
MMF flows	Change in $B	2.6B	2.6B
MargDebt- top (300M)	monthly		APR.
ETF:mthlyEqty/	Int'l/Bond-$B		APR.
2-yr Tsy Yield: Inflation		0.45%nh	0.41%

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