The 18,000 level of the DJIA was finally breached last week and ended above there. Another notable recent high was the 2-year Treasury yield jumping 10 basis points from 0.64% to 0.74%. For new Lows, we look to Volume - the lowest week of the year, with the Holiday and 1/2 day trading. Both speculation (NAS Volume to NYSE) and complacency are again on the rise, but not to extremes yet.
Here are the numbers:
| Date> | 12/26/2014 | 12/19/2014 | |
| Indices: | DJIA | 18053 | 17804 |
| NAZ | 4806 | 4765 | |
| SPX | 2088 | 2070 | |
| WklyVolume (Bshs). | naz/ny…. | 4.9/2.3 | 11.6/6.4 |
| Specul.Ratio hi=bullish | 2.13 | 1.81 | |
| Sentiment: | put/call-CBOE | 53 | 67 |
| VIX>50-alltmlow=8.8 | 14.5 | 16.5 | |
| Advance/Dec-NYSE.. | 2153/1068 | 2555/703 | |
| Weekly Net: | 1085 | 1852 | |
| Cumulative: | 165192 | 164107 | |
| Weekly | NYSE hi/low… | 478/72 | 319/561 |
| New Hi's/Low's | Nasdaq h/l | 317/124 | 246/396 |
| McClellan | Oscillator | 36 | 16 |
| McClellanSum | .+750/-1000 | 306 | 194 |
| Newsletter | Inv.Intel -Bull:tues | n/a | 49.5 |
| Surveys | Bear:-5yrs | n/a | 14.9 |
| AAII -Bull :wed. | 50.9 | 38.7 | |
| Bear | 18.9 | 26.9 | |
| COT:SPX w/w | large/small (net)k | n/a | 6k/25k |
| COT:gold comm.hedg | long-short.000 | n/a | (115k) |
| CEOinsider | selling | 31:1 | 32:1 |
| off.&bd b/s.vs. | 10% holder b/s | 160:20 | 165:50 |
| 3-box rev | Bullish%- | 75 | 72 |
| US equity -ICI | Fund Flows | WeekDelay | (4.2B) |
| MMF flows | Change in $B | 20.5B | (13.4B) |
| MargDebt- top (300M) | monthly | ||
| ETF:mthlyEqty/ | Int'l/Bond-$B | ||
| 2-yr Tsy Yield: Inflation | 0.74% | 0.64% | |
| TIP (ETF) | Inflation | 112 | |
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