Monday, December 1, 2014

ThanksTaking

The title of my Examiner.com article this week:   http://www.examiner.com/stock-market-in-san-francisco/brent-leonard -  was supposed to reflect the increasing Greed of stores to hold Holiday sales for most of the week, not just on Black Friday. My acronym - STUD, or Shop Till U Drop didn't intend to mean things like the Chicago shopping mall where a shopper shot his wife and killed himself at the mall!

 Last week set new highs for all indices yet again, despite the Friday selloff in stocks. Volume was down with the Holiday, but not in quality - the 2 handle in the ratio of NASDAQ to NYSE (speculative if high) broke to below 2 last week.Breadth was still positive - Advance/Declines and New highs/lows. Insider trading was not available (N/A) due to Thx, but gold rallied $50 today (Monday).

ETF monthly figures were out for Oct. with Stocks and Bond funds at new highs. Int'l stocks and Margin Interest fell. Here are the numbers:

Date> ######## 11/21/2014
Indices: DJIA  17828 17810
  NAZ  4791 4712
SPX  2067 2063
WklyVolume (Bshs). naz/ny…. 5.5/2.9 8.4/3.9
Specul.Ratio hi=bullish 1.9 2.15
Sentiment: put/call-CBOE  61 53
VIX>50-alltmlow=8.8 13.3 12.9
Advance/Dec-NYSE.. 1768/1475 1949/1287
Weekly Net: 293 662
     Cumulative: 164524 164231
Weekly  NYSE hi/low… 477/194 401/123
New Hi's/Low's Nasdaq h/l 293/151 251/188
McClellan  Oscillator 13 23
McClellanSum .+750/-1000 592 490
Newsletter Inv.Intel -Bull:tues 56.5 56.4
Surveys Bear:-5yrs 13.8 14.9
AAII  -Bull :wed. 52.5 49.1
Bear  20.8 23.8
COT:SPX w/w large/small (net)k N/A 6k/10k
COT:gold  comm.hedg long-short.000 N/A (71k)
CEOinsider selling 40:1 24:1
off.&bd b/s.vs. 10% holder b/s 215:45 160:45
3-box rev Bullish%-  74 74
US equity -ICI Fund Flows WeekDelay (3.6B)
MMF flows Change in $B 8.4B 9.8B
MargDebt- top (300M) monthly  454B OCT
ETF:mthlyEqty/ Int'l/Bond-$B 1168/424/294 OCT
2-yr Tsy Yield: Inflation 0.47% 0.51%
InsiderTotal: InsBuy:Fin.(50%)
10%All Sales

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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