Style Underperformer:
Sector Underperformers:
- 1) Homebuilders -2.90% 2) Coal -2.02% 3) Construction -1.63%
Stocks Falling on Unusual Volume:
- NTLS, TLK, IBN, HDB, TIVO, CIE, SZYM, ASI, ALDW, REGI, ONTX, IFN, GRAB, DDS, IOC, Z, GDP, HLF, INDY, APA, TRLA, EPZM, YNDX, IPAR, JMI, NOAH, EPD, OAKS, SKYW and NLY
Stocks With Unusual Put Option Activity:
- 1) SMH 2) ANF 3) APA 4) EEM 5) BBY
Stocks With Most Negative News Mentions:
- 1) APA 2) TRLA 3) WMT 4) HPQ 5) SPG
Charts:
Style Outperformer:
Sector Outperformers:
- Gaming +.79% 2) Internet +.58% 3) Biotech +.51%
Stocks Rising on Unusual Volume:
- SFUN, AMAP, SSYS, NQ, P and QIHU
Stocks With Unusual Call Option Activity:
- 1) SUPN 2) SE 3) KRFT 4) RPRX 5) GTXI
Stocks With Most Positive News Mentions:
- 1) ROST 2) DG 3) PHM 4) P 5) S
Charts:
Weekend Headlines
Bloomberg:
- Egypt Islamists Ready New Protest as Violence Condemned. Egypt’s Muslim Brotherhood readied for new protests in support of ousted President Mohamed Mursi, raising the prospect of more of the violence
that has left the military-backed government facing pressure from key
allies. Clashes that have left more than 800 dead since police
raided two Islamist protest camps on Aug. 14 have sparked an
international outcry, with the European Union saying today it would
“urgently review” relations with the Arab world’s most populous nation.
Foreign Minister Nabil Fahmy condemned talk of cutting aid to Egypt, and
said the government would not abandon its efforts to restore order to a
nation gripped by chaos. Markets fell on the turmoil. “We keep hearing if Egypt doesn’t do this or doesn’t do that, then aid
will be stopped here or will be stopped there,” Fahmy said. “If one side
is revising aid they are giving, we are revising aid we receive as
well.”
- China July Home Prices Rise as Big Cities Post Record Gains. China’s new home prices rose in
almost all cities in July, led by gains in the biggest
metropolitan centers, amid expectations that the government
won’t further tighten property market restrictions. Prices climbed in 69 of the 70 cities the government
tracked last month from a year earlier, the National Bureau of
Statistics said in a statement today, matching the data in June
and May. The southern business center of Guangzhou posted the
biggest gain, rising 17 percent from a year earlier. Prices in
Beijing and Shanghai increased 14 percent each. All three cities
had their biggest gains since the government changed its
methodology for the data in January 2011. Existing home prices rose 15 percent in Beijing last month
from a year earlier and increased 11 percent in Shanghai and
Guangzhou each, according to the data. Private data also showed rising housing values. Home prices
jumped 7.9 percent from a year earlier last month, according to
SouFun Holdings Ltd., the nation’s biggest real estate website
owner. The value of home sales fell 17 percent in July from June,
the statistics bureau reported Aug. 9.
- China Trading Error Reduces Investor Confidence in Stocks. The biggest swing in China’s benchmark equity index since
2009 threatens to further erode confidence in the nation’s stock market
after it lost more money for investors than any in the world during the
past four years. China’s shares were roiled Aug. 16 by a trading
error at Everbright Securities Co. (601788) that spurred a 53 percent
surge in volumes and a swing of more than 6 percent in the Shanghai
Composite Index. The gauge jumped from a loss of as much as 1 percent to
a gain of 5.6 percent in two minutes during the morning session, then
ended the day with a 0.6 percent drop. Erroneous buy orders from
Everbright’s proprietary trading group sparked the early rally, the
securities regulator said.
- Everbright Trading Error Adds to China Broker’s Woes. Everbright
Securities Co. (601788), the Chinese state-controlled brokerage
besieged by falling profits and a regulatory probe, faces a further blow
to its reputation after a trading error sparked the wildest swings in
the nation’s stocks in four years.
- India Markets Plunge Pressures Singh as Economy Teeters. India’s biggest stock market slide in almost two years,
surging bond yields and an unprecedented plunge in the rupee are
pressuring officials for fresh steps to stem capital outflows and revive
a struggling economy. The S&P BSE Sensex (SENSEX) Index sank
4 percent on Aug. 16 as the rupee touched an all-time low of 62.005 per
dollar and the yield on the government bond due May 2023 rose 39 basis
points to 8.88 percent, the highest on a 10-year note since 2011. Foreigners
pulled $3 billion from stocks and bonds in July on concern the U.S.
Federal Reserve could curb stimulus and thereby undermine Indian steps
in the past year to revive investment and woo funding for a record
current-account deficit. The rupee’s drop risks faster inflation and
triggered central bank interest-rate increases even with growth at a
decade low.
- Rupee Plunges With Asian Currencies. Indonesia’s
currency slumped to the weakest level since
2009 and the rupee dropped to a record amid concern about
widening current-account deficits. India has seen its foreign-exchange
reserves sink as much as 7 percent this year to $277 billion, while
Indonesia’s holdings shrank 18 percent to $92.7 billion. “Central banks
are being tested, especially those in Indonesia and India,” said
Andy Ji, a foreign-exchange strategist at Commonwealth Bank of Australia
(CBA) in Singapore. “People just don’t have the confidence that they
have enough reserves to shore up their currencies.” The
Bloomberg-JPMorgan Asia Dollar Index, which tracks the region’s 10
most-active currencies excluding the yen, lost 0.5 percent during the
week to 115.35 in Singapore. The rupee fell
1.3 percent to 61.66 per dollar and reached an unprecedented
62.005 yesterday. The rupiah dropped 0.96 percent to 10,385 and
touched 10,435, the lowest since June 2009.
- Japan Weak Exports, Higher Imports Show Growth Constraints. Japan’s exports grew at a slower-than-forecast pace while imports swelled in July, highlighting
limits on the economy’s growth that could fuel opposition to a
planned sales-tax increase. Exports rose 12.2 percent from a year earlier, the Ministry
of Finance said in Tokyo today, compared with the 12.8 percent
median estimate of 23 economists surveyed by Bloomberg News.
Imports climbed 19.6 percent, leaving a trade deficit of 1.024
trillion yen ($10.5 billion). The seasonally adjusted deficit
expanded from June to 944.0 billion yen. Prime Minister Shinzo Abe is set to decide in the next
month whether to raise the sales tax to 8 percent in April from
5 percent now and will listen to opinions of a panel of experts
to consider the impact on the economy. Increasing the tax would
risk choking off a recovery helped by stronger exports, just as
Japan shows signs of emerging from 15 years of deflation.
- Asian Stocks Swing Between Gains, Losses; Bluescope Falls.
Asian stocks swung between gains and losses amid low trading volumes in
Japan as energy companies advanced, offsetting a decline at utilities
firms. BlueScope Steel Ltd. (BSL) fell 16 percent as sales missed
analyst estimates and Australia’s No. 1 steel producer forecast a weaker
first half of the financial year. Hyundai Merchant Marine Co. rose 2.4
percent in Seoul, extending gains since North Korea and South Korea
agreed to reopen a jointly operated industrial complex. JX Holdings Inc.
gained 3.4 percent after
Mitsubishi UFJ Morgan Stanley Securities Co. advised buying the
Japanese refiner’s shares. The MSCI Asia Pacific Index fell less than 0.1 percent to
134.28 as of 10:43 a.m. in Hong Kong, having gained as much as
0.1 percent.
- Merkel Rebuffs Opposition Saying No One Wants Grand Coalition. German Chancellor Angela Merkel
dismissed the prospect of a post-election alliance with the main
opposition Social Democratic Party as the latest poll showed her in a position to reprise her current coalition after the vote. “Nobody
wants that,” Merkel said in an interview with broadcaster ZDF yesterday
when asked about the probability of a reprisal of her first-term “grand
coalition” with the SPD. “I hear that from all sides.”
- Russian Recession Risk Worsened as Banks Skimp on Loans: Economy.
Elena Dibova was ready to pledge her
15 million-ruble ($456,000) apartment to get financing for her
metal-safe business. As her bank dragged its feet, she hit the
roadblock companies across Russia face as the economy sinks.
Corporate-lending growth has plunged as the weaker economy prompts banks
to demand more collateral and as borrowers shun interest rates that can
top 20 percent. As VTB24, the retail arm of Russia’s second-largest
lender, expanded its list of demands, Dibova borrowed 2.5 million rubles
from her business partners so
she could join a tender to supply the Moscow police.
- U.S. Stocks Beat BRICs by Most Ever Amid Emerging Market Flight. Investors are favoring U.S. stocks over emerging markets by the most
ever as fund flows and volatility measures show institutions are
increasingly seeking the relative safety of American equities. Almost
$95 billion was poured into exchange-traded funds of American shares
this year, while developing-nation ETFs saw withdrawals of $8.4 billion, according to data compiled by Bloomberg.
- China Video Tools for U.S. With American Help Spurs Spy Anxiety. A manufacturer accused of being tied
to the Chinese government has found a way to sell to U.S.
agencies in an arrangement that’s raising concerns from security officials and at least one lawmaker about spying.
ZTE Corp. (000063), China’s No. 2 phone-equipment maker, linked up with
a company in Baltimore to make its videoconferencing system
available to federal offices.
- Rebar Advances on China Home Price Gains, Property Investments.
Steel reinforcement-bar futures rose,
extending a rally in the past three weeks, as China’s new home prices
climbed and investors expected increased infrastructure investments,
boosting demand for the construction material. Rebar for January delivery gained as much as 0.8 percent to
3,843 yuan ($629) a metric ton on the Shanghai Futures Exchange
and was at 3,821 yuan at 10:59 a.m. local time. The most-active
contract rose 1.5 percent last week for a third straight gain.
- Gold Seen Climbing From Two-Month High on Asian Physical Demand. Gold
may extend a rally from a two-month high as an increase in demand from
jewelry buyers in China and India helps counter a drop in assets under
exchange-traded funds backed by bullion. Prices may rally to as much
as $1,550 an ounce by the end of the year, said Jeffrey Rhodes,
managing director of the financial institutions division of the Kaloti
Jewellery Group, a
Dubai-based gold trader and refiner. There are no signs of
demand abating from India and China, which account for about 60
percent of global gold consumption, he said at the India Gold
Convention in Jaipur yesterday.
- Hospitals May Absorb Risk of Insurers’ Debtor Patients. Less than two months before health
exchanges open to the public, hospitals are asking to change a
part of the Affordable Care Act that leaves them at financial
risk for patients who fall behind on their insurance premiums. The hospitals said in an Aug. 15 letter that the U.S.
Centers for Medicare and Medicaid Services should reconsider the
way health-insurance exchanges divide the financial
responsibility for delinquent customers. The letter was signed
by the American Hospital Association, the Federation of American
Hospitals, and the Association of American Medical Colleges. “We are very concerned about our risk for giving
uncompensated care,” Joanne Alig, senior vice president for
policy and research at the Wisconsin Hospital Association, said
in a telephone interview.
- Luminant Sued by EPA Over Texas Clean Air Violation Claims. Luminant Generation Co., the largest
power generator in Texas, was sued by the U.S. Environmental
Protection Agency for failing to meet air-pollution standards at
two power plants, the Sierra Club said in a statement. The enforcement action, which was filed under seal in
federal court in Dallas, follows two earlier EPA notices of
violations of the U.S. Clean Air Act by the Big Brown plant in
Freestone County and the Martin Lake plant, located in Rusk and
Panola counties.
Wall Street Journal:
- Egypt, U.S. on Collision Course. Military-Led Government Says It is 'Reviewing' Relationship With U.S. Amid Criticism. Egypt's military-led government said it was "reviewing" its strategic
relationships with the U.S. and other Western governments critical of
its crackdown on Islamists, deepening the divide between the Obama
administration and Cairo. Amid expectations of more violence in coming days, the death toll
rose on Sunday as dozens of Muslim Brotherhood supporters were killed in
Cairo in what the government described as a prison-break attempt. The
Islamist movement's leaders called for continued defiance against
Egypt's generals, despite signs that their supporters were becoming
limited in their ability to take to the streets.
- Test for Federal Reserve's Next Chief: Quelling Dissent by Jon Hilsenrath. Departure of Ben Bernanke Could Produce a Feistier Central Bank. During nearly eight years running the Federal Reserve, Chairman Ben
Bernanke's signature style has been managing by consensus. He has given
colleagues wide latitude to speak their minds at closed-door Fed
meetings and in public. He also has worked behind the scenes to find
common ground among the 18 other strong-willed Fed governors and
regional bank presidents when he has had to make big policy decisions. With Mr. Bernanke expected to give up the helm when his term ends in
January, his leadership style, and the style of his potential
successors, warrant extra scrutiny. An already divided Fed could become
more fractious when Mr. Bernanke departs, with important implications
for the central bank, markets and the economy.
- Regulatory Headaches Worsen for J.P. Morgan. Regulatory
headaches keep piling up for J.P. Morgan Chase JPM 0.00% & Co. A
growing number of lawsuits and investigations could force the nation's
largest bank to absorb $6.8 billion in future legal losses above its
existing reserves, according to a filing earlier this month. That
amount is greater than any other U.S. bank, according to an analysis
from Barclays Research, a unit of Barclays PLC.
Fox News:
- Washington split on Egypt aid, raising more questions on who the US backs. Washington appeared no closer Sunday to agreeing on whether to cut
U.S. aid to Egypt, raising further questions about which side the United
States is taking amid the escalating and deadly political protests in
the Middle East country. The
disagreement divides political parties as well as the White House, the
Senate and the House, roughly five weeks after the Egyptian military
overthrew President Mohammed Morsi, an Islamist and member of the Muslim
Brotherhood political party.
CNBC:
- Hiring in China by JPMorgan(JPM) under scrutiny.
Federal authorities have opened a bribery investigation into whether
JPMorgan Chase hired the children of powerful Chinese officials to help
the bank win lucrative business in the booming nation, according to a
confidential
United States government document.
Business Insider:
New York Times:
- Public Funds Take Control of Assets, Dodging Wall Street. Investors
responsible for more than $2 trillion recently gathered at a resort in
the Canadian Rockies, far from the news media and, more important, far
from Wall Street. Those in attendance, including leaders of Abu Dhabi’s
sovereign wealth fund and France’s pension system, were there to
consider ways to put their money to work together without paying fees to
private equity firms and hedge funds. Over that weekend, three of the
attendees completed the details of a $300 million investment in a
clean-energy company. The group holding the gathering, the
Institutional Investors Roundtable, has kept a low public profile since
it began in 2011, but it attracted 27 funds managing public money to its
latest meeting and is spinning off concrete investments. The group is
part of a much broader push by the world’s biggest pension and sovereign
wealth funds to reduce their reliance on the Wall Street firms that
used to manage almost all their money.
Reuters:
- Spirit of boom-time mortgages lives on in Europe. Remember the days when you
could take a mortgage big enough to buy the house and furnish
it, a car to park outside and a holiday to celebrate - all on a
repayment schedule that only Methuselah could honour?
Those days have never gone away in pockets of Europe.
- Steeled for change: China's bloated industry to face market forces.
Momentum is growing in China to allow market forces to end a titanic
capacity glut in heavy industry that a decade of state interventions has
failed to resolve, according to speeches made by high-ranking officials
this month at a closed-door event. The speeches indicate that China's
reform-minded cabinet is considering a dose of deeper structural reform
to remedy bloated, inefficient and debt-laden sectors such as steel.
Financial Times:
- CME(CME) under fire over cash for trades in Brent. The
biggest US futures exchange’s campaign to break into North Sea oil has
been marked by unusual trading patterns as computerised firms engineer
ways to exploit a cash-for-volume scheme, according to market
participants. CME Group has promised a pot of as much as $1m a month
to the biggest traders in its upstart Nymex Brent crude futures
contract, a June filing shows, as it attempts to wrest market share from
ICE Futures Europe, the exchange that launched Brent in 1988.
- HSBC and StanChart hit by Asia focus as economies lose momentum. Ever
since the financial crisis, HSBC and Standard Chartered have trumpeted
their exposure to faster-growing economies as a welcome differential
among the UK banks. But the recent slowdown in parts of their Asian
heartlands – both reported weaker growth in markets including China,
Indonesia, Malaysia and Taiwan in the first half of this year – means
their reliance on the region is fast becoming a concern rather than a
comfort for investors.
- US energy boom helps fuel Barack Obama’s export goal. The
value of US fuel exports has grown faster than other goods and
commodities during Barack Obama’s presidency, according to a Financial
Times analysis, emerging as a driving force behind his goal to double
exports by 2015. The data offer further evidence of how the US domestic
energy boom – led by expanding oil and natural gas production and higher
prices – is reshaping its economy.
Telegraph:
Die Welt:
- Germany Can't Save Euro Area, Schaeuble Adviser Says. Germany
can't save euro area as country is "small" and has become poorer
compared with other states in currency union, citing Kai Konrad, adviser
to German Finance Minister Wolfgang Schaeuble, as saying. If
politicians decide to break up currency union, they should ask Germany
and "stronger" states to leave to devalue euro and improve economies of
southern countries, Konrad said.
Jakarta Post:
- Rupiah at risk of slipping further in the coming week. The
current account deficit swelled far beyond initial forecasts with both
Bank Indonesia (BI) and local economists voicing concern that the
imbalance would drag the already weak rupiah further down. In the
second quarter (Q2), the current account deficit topped its
historic-high level of US$9.8 billion, or 4.4 percent of gross domestic
product (GDP), as languid exports could not compensate for the high
level of imports needed to support the robust economic expansion, BI
announced last week. “It’s a structural problem,” BI Governor Agus
Martowardojo said recently, citing the underdevelopment of local
industries as the reason the nation depended heavily on imports to
support its robust economic boom.
Press Trust of India:
- India Won't Face Repeat of '91 Economic Crisis, Singh Says. The
country has reserves to fund over seven months of imports compared with
15 days in 1991, Prime Minister Manmohan Singh said. The government can
only control the volatility in the rupee and not the value of the
currency.
Economic Information Daily:
- China's Biggest Economic Challenge Is Govt Debt. China's biggest
economic challenge now is local government debt, 63% of economists
surveyed say, citing a survey among 43 economists.
China Daily:
- China May Face
Risks From New City Constructions. China's local government financing
vehicles may face investment risk if new city developments don't go as
planned, citing Li Tie, a researcher at National Development and Reform Commission's center for cities and small towns development. Many local governments aim to boost economic growth with construction of new cities, the report cites Li as saying
China Securities Journal:
- Hangzhou
May Impose Property Tax of .5%-1%. Hangzhou city in eastern China may
start a property tax with rate of .5%-1%, higher than original plan of
.4%-.8%, the report said. Other cities' attempts to loosen controls
following moves by the eastern city of Wenzhou may be rejected, the
report said.
Securities Times:
- Beijing May Set New Policies on Self-Use Homes. Beijing may
supply more land for homes for self-use in the near term to help curb
prices, citing people familiar with the matter.
Weekend Recommendations
Barron's:
- Bullish commentary on (ALK), (WTW), (BK), (TAP) and (ISCA).
- Bearish commentary on (LYV) and (FXCM).
Night Trading
- Asian indices are -.75% to unch. on average.
- Asia Ex-Japan Investment Grade CDS Index 141.0 -1.0 basis point.
- Asia Pacific Sovereign CDS Index 113.75 +2.5 basis points.
- NASDAQ 100 futures +.03%.
Morning Preview Links
Earnings of Note
Company/Estimate
Economic Releases
Upcoming Splits
Other Potential Market Movers
- The Spanish 10Y auction and the RBA Meeting Minutes could also impact trading today.
BOTTOM LINE: Asian indices are mostly lower, weighed down by industrial and technology shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower. The Portfolio is 50% net long heading into the week.
U.S. Week Ahead by MarketWatch.
Wall St. Week Ahead by Reuters.
Stocks to Watch Monday by MarketWatch.
Weekly Economic Calendar by Briefing.com.
BOTTOM LINE: I expect US stocks to finish the week modestly lower on increasing Mideast
unrest, rising energy prices, technical selling, more emerging markets
debt angst and rising long-term rates. My intermediate-term trading
indicators are giving neutral signals and the Portfolio is 50% net long heading into the week.
S&P 500 1,655.83 -2.10%*
The Weekly Wrap by Briefing.com.
*5-Day Change
Indices
- Russell 2000 1,024.30 -2.30%
- S&P 500 High Beta 26.23 -1.60%
- Value Line Geometric(broad market) 437.15 -2.10%
- Russell 1000 Growth 756.73 -2.20%
- Russell 1000 Value 845.73 -2.14%
- Morgan Stanley Consumer 1,013.84 -2.70%
- Morgan Stanley Cyclical 1,261.46 -1.39%
- Morgan Stanley Technology 787.63 -1.34%
- Transports 6,374.27 -1.63%
- Bloomberg European Bank/Financial Services 102.65 +1.55%
- MSCI Emerging Markets 39.55 +.67%
- HFRX Equity Hedge 1,111.77 -1.12%
- HFRX Equity Market Neutral 935.82 -.87%
Sentiment/Internals
- NYSE Cumulative A/D Line 185,490 -2.40%
- Bloomberg New Highs-Lows Index -265 -548
- Bloomberg Crude Oil % Bulls 31.4 +22.6%
- CFTC Oil Net Speculative Position 350,475 -1.97%
- CFTC Oil Total Open Interest 1,934,417 +2.94%
- Total Put/Call .91 +1.11%
- OEX Put/Call 1.70 -23.77%
- ISE Sentiment 78.0 -10.34%
- Volatility(VIX) 14.37 +7.16%
- S&P 500 Implied Correlation 50.44 -1.06%
- G7 Currency Volatility (VXY) 9.26 +1.42%
- Emerging Markets Currency Volatility (EM-VXY) 9.64 +7.2%
- Smart Money Flow Index 11,453.93 -.92%
- Money Mkt Mutual Fund Assets $2.622 Trillion +.09%
Futures Spot Prices
- Reformulated Gasoline 296.75 +2.02%
- Heating Oil 308.31 +3.03%
- Bloomberg Base Metals Index 196.54 +2.17%
- US No. 1 Heavy Melt Scrap Steel 338.53 USD/Ton +4.38%
- China Iron Ore Spot 137.90 USD/Ton +3.60%
- UBS-Bloomberg Agriculture 1,412.68 +2.16%
Economy
- ECRI Weekly Leading Economic Index Growth Rate 4.7% -60 basis points
- Philly Fed ADS Real-Time Business Conditions Index -.0511 +1.54%
- S&P 500 Blended Forward 12 Months Mean EPS Estimate 117.52 +.20%
- Citi US Economic Surprise Index 36.60 -.3 point
- Citi Emerging Markets Economic Surprise Index -29.50 +.3 point
- Fed Fund Futures imply 40.0% chance of no change, 60.0% chance of 25 basis point cut on 9/18
- US Dollar Index 81.26 +.16%
- Euro/Yen Carry Return Index 135.67 +1.36%
- Yield Curve 248.0 +21 basis points
- 10-Year US Treasury Yield 2.83% +25 basis points
- Federal Reserve's Balance Sheet $3.603 Trillion +1.73%
- U.S. Sovereign Debt Credit Default Swap 21.89 +1.24%
- Illinois Municipal Debt Credit Default Swap 172.0 +1.94%
- Western Europe Sovereign Debt Credit Default Swap Index 82.28 -1.15%
- Emerging Markets Sovereign Debt CDS Index 239.78 +3.80%
- Israel Sovereign Debt Credit Default Swap 122.50 +6.52%
- Egypt Sovereign Debt Credit Default Swap 810.0 +5.88%
- China Blended Corporate Spread Index 383.0 -1 basis point
- 10-Year TIPS Spread 2.17% -9 basis points
- TED Spread 22.75 +1.25 basis points
- 2-Year Swap Spread 18.75 +1.25 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -9.25 -.75 basis point
- N. America Investment Grade Credit Default Swap Index 80.03 +5.23%
- European Financial Sector Credit Default Swap Index 139.43 +2.04%
- Emerging Markets Credit Default Swap Index 318.52 +7.36%
- CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 105.0 -5 basis points
- M1 Money Supply $2.572 Trillion -.07%
- Commercial Paper Outstanding 1,004.1 +1.60%
- 4-Week Moving Average of Jobless Claims 332,000 -3,500
- Continuing Claims Unemployment Rate 2.3% unch.
- Average 30-Year Mortgage Rate 4.40% unch.
- Weekly Mortgage Applications 471.90 -4.74%
- Bloomberg Consumer Comfort -26.60 -3.1 points
- Weekly Retail Sales +3.70% +50 basis points
- Nationwide Gas $3.54/gallon -.04/gallon
- Baltic Dry Index 1,102 +10.0%
- China (Export) Containerized Freight Index 1,132.01 +2.69%
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 20.0 -11.11%
- Rail Freight Carloads 257,969 +1.15%
Best Performing Style
Worst Performing Style
Leading Sectors
Lagging Sectors
Weekly High-Volume Stock Gainers (17)
- OSIR, VLTR, INSY, ANAC, TREE, DGIT, ECOM, TASR, OLED, LVB, UBNT, WWWW, RPTP, WAGE, DTLK, FSS and DOLE
Weekly High-Volume Stock Losers (16)
- FF, SEAS, BIOS, MAIN, MIDD, RRTS, PMT, UAL, LPI, VAL, MPW, AMRI, LCC, PGEM, MODN and CREE
Weekly Charts
ETFs
Stocks
*5-Day Change
