Risk off???

News Highlights


Central Banks are backing off high oil prices and a falling dollar for now. Net A/D for NYSE today was -995 with the DJI not showing the hit at -2.73. NASDAQ was net -1048 declines. Gold down 12.40 Silver down 1.13 and oil down 2.14. We will see if this developes into something more than a pullback next week. Mikey 5 was negative for the first time in 2 weeks.
Mikey

Key Indicators

Current trading range: 12500 -13027 DJI Close 12980
MACD Crosses: Negative cross =consolidation/correction Positive cross=uptrend
Short term (50 hour) Up (74 Hr) ...signal 2-16 12850 
MACD  Hourly -5.89
Current trend (50 day) Up (64 days)...signal 12-2-11 12019
MACD Daily (+111.04),Negative cross 2-13
Intermediate trend (50 week) Up (13 weeks)...signal 12-19-11 12294
MACD Weekly (+327.50 ), Positive cross 10-24-11 
Long term trend (50 month) Up (16 months)...signal 12/1/10 11577
MACD Monthly (+536.35) Positive Cross 9-1-09
IBD Current trend 12-20 Up  (51 days) Market in confirmed uptrend 12103
Volume(Millions) NYSE 698 NASDAQ 1703
Advance/Decline NYSE -995 NASDAQ -1048 Mikey A/D line 48832
New Highs NYSE 114 NASDAQ 74 New Lows NYSE 16 NASDAQ 25
Overbought/Oversold (+100 overbought/-100 oversold)
Mikey5 -21 Neutral, Mikey10 +11 Neutral, Mikey20 +43 Neutral, Mikey50 +222 OB
% Stocks above 200 day ave 75% (above 50% uptrend)
Trader Psychology
Put/Call day .88, 10 day .82,  Put Premium .67 10 day .64,  
Bull/Bear Ratio 2.00 Bulls 51.1%, Bears 25.5%
Mutial Funds Buy/Redeem ratio 1.23
VIX 17.29 VXZ 55.37 Mikey Fear 91 (80 Low 20 High) 

Averages (uptrend 20>50)
20 hour 12978 Rising/ Price above
50 hour 12982 Rising/Price above
20 day 12915 Rising/Price above
50 day 12647 Rising/ Price above
20 week 12326 Rising/ Price above
50 week 12098 Rising/ Price above
20 month 11909 Rising/Price above
50 month 10790 Rising/Price above

Closing Prices

US Stocks
DJIA 12977.57 -2.73 S/P 500 1369.63 -4.46 NYSE Comp 8125.18 -49.92  
NASDAQ  2976.19 -12.78 DJT 5160.13 -51.35 DJU 453.75 +.55
US Debt Markets
US Gov rates: 6 mo .1167%  2 yr .2776% 5 Yr .8413% 10 yr 1.97 30 yr 3.10
Ave Mtg rates : 30 Yr 3.93% 30 Yr Rifi 4.00% 15 Yr 3.19% 5/1 ARM 2.84
IEF (US 7-10 yr) 105.03 +.42 TLT (20 yr) 117.30 +1.24
MUB (NatlMuni) 110.10 -.10  Cal Muni (NCA)10.03 -.16
BND Total Bond Index 83.74 +.07
Commodities
CRB Commodities Index 327.17 -3.15
Gold 1709.80 -12.40  Silver 34.52 -1.13  Copper 3.90 -.03  Platinum 1691.70 -9.40
Oil 106.70 -2.14 RBOB 3.27 -.08 Nat Gas 2.48 +.02
US Dollar Index and World Currencies
Euro 1.3140 -.0108 Pound 1.5694 -.0121 Swiss Franc 1.0802 -.0088
Yen  1.0231 -.0098 Aussie 1.0735 -.0061 Canadian Dollar 1.0057 -.0029
Dollar Index 79.46 +.62
World Debt markets
BWX (Intl Treas) 60.12 +.17  PCY (Emerg debt) 28.23 +.06 IBND (Intl Corp)33.31 -.17



All Markets Current Trends 

US SECTORS

(Green up Red down White Neutral)

NASDAQ
DJ Trans
DJ Util
Long Bonds
Energy

Tech
Healthcare
Materials
Retail
Housing
Consumer Discrestionary
Consumer Staples
Airline
Metals and Mining
Financial

World debt markets
US Bonds: 2-3 current trend neutral
US Natl Muni Markets:: 2-23 current trend neutral  

Intl Treas Bonds 1-26 current trend up

Intl Corp Bonds 1-26 current trend up
Emerging Markets Debt: 1-26 current trend up
US High Yield 12-12 current trend up
US Preferred Stocks 11-30 current trend up
Currencies markets

US Dollar Index 1-26 current trend down
Aussie Dollar 1-10 current trend up
Euro 1-26 current trend up
Brit Pd 1-26 current trend upl
Swiss Franc: 1-27 current trend up
Jap Yen 1-27 current trend up
Canadian Dollar 1-18 current trend upl
Mexican Peso 1-18 current trend upl
Brazilian Real 12-12 current trend up
Indian Rupe 12-12 current trend up

Commodity index
(Broad based) 1-19  current trend up
Metals

Gold: .1-26 current trend up
Silver: 1-21 current trend up

Copper 1-17 current trend up
Platinum 1-18 current trend up
Palladium 1-17 current trend up
Agg, Fiber, Wood

Grains 1-24   Current trend up
Cotton 2-14 current trend downl

Livestock 1-24 current trend up
Coffee 2-7 current trend down
Sugar 1-18 Current trend up

Lumber 2-3 current trend up
Energy
Oil  2-14 Current trend up
Heating Oil 1-3 Current trend up

Gasoline 12-21 current trend up
Natural Gas 7-28 current trend down

World Stock markets
US Stocks: 12-14 current trend up

Europe 1-18 current trend up
China: 1-17 current trend upl
Brazil 1-17 current trend up
Japan 1-18 current trend up
India 1-17 current trend up
Russia 1-18  current trend upl
India 1-17 current trend up
Total world markets 1-17 current trend up

Intermediate Term Trends
Dollar:Up
US Bonds: Up
Emerging Markets: Up 
Total World Stocks: UP
Emerging Debt: Up
World Bonds: Neutral
Oil: Up
Gold: Up
Silver: Up
Commodities: Up
China: Up
Brazil: Up
India: Up
Europe: Up