Weekly Scoreboard*

Indices

• S&P 500 2,182.114 -.08%

• DJIA 18,557.50 -.13%

• NASDAQ 5,237.32 +.05%

• Russell 2000 1,235.82 +.48%

• S&P 500 High Beta 32.35 +2.31%

• Goldman 50 Most Shorted 119.91 -.36% 

• Wilshire 5000 22,565.40 -.01%

• Russell 1000 Growth 1,053.54 -.39%

• Russell 1000 Value 1,044.02 +.22%

• S&P 500 Consumer Staples 561.75 -.32%

• Solactive US Cyclical 140.91 +.86%

• Morgan Stanley Technology 1,181.03 +1.14%

• Transports 7,930.77 +1.53%

• Utilities 682.50 -1.40%

• Bloomberg European Bank/Financial Services 71.57 -3.38%

• MSCI Emerging Markets 37.44 +.21%

• HFRX Equity Hedge 1,135.95 +.44%

• HFRX Equity Market Neutral 999.17 -.11%

Sentiment/Internals

• NYSE Cumulative A/D Line 269,443 +.40%

• Bloomberg New Highs-Lows Index 283 -276

• Bloomberg Crude Oil % Bulls 29.03 +16.12%

• CFTC Oil Net Speculative Position 258,250 -3.35%

• CFTC Oil Total Open Interest 1,829,979 +2.08%

• Total Put/Call .83 +12.0%

• OEX Put/Call .85 -65.95%

• ISE Sentiment 84.0 -38.97%

• NYSE Arms .95 -9.91%

• Volatility(VIX) 11.65 +1.13%

• S&P 500 Implied Correlation 44.51 -.41%

• G7 Currency Volatility (VXY) 10.15 +4.21%

• Emerging Markets Currency Volatility (EM-VXY) 9.98 -.99%

• Smart Money Flow Index 19,664.99 +.33%

• ICI Money Mkt Mutual Fund Assets $2.710 Trillion -1.27%

• ICI US Equity Weekly Net New Cash Flow -$4.375 Billion

• AAII % Bulls 35.6 +13.7%

• AAII % Bears 26.4 -1.5%

Futures Spot Prices

• CRB Index 188.60 +3.22%

• Crude Oil 48.31 +8.03%

• Reformulated Gasoline 150.20 +9.46%

• Natural Gas 2.60 +.31%

• Heating Oil 151.75 +7.19%

• Gold 1,343.80 +.45%

• Bloomberg Base Metals Index 151.65 +.98%

• Copper 217.15 +1.64%

• US No. 1 Heavy Melt Scrap Steel 209.33 USD/Ton +1.62%

• China Iron Ore Spot 60.95 USD/Ton +.96%

• Lumber 322.30 -.99%

• UBS-Bloomberg Agriculture 1,154.52 +1.58%

Economy

• Atlanta Fed GDPNow Forecast +3.6% +10.0 basis points
• ECRI Weekly Leading Economic Index Growth Rate +8.4% unch.

• Philly Fed ADS Real-Time Business Conditions Index .3593 -5.02%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 126.96 +.21%

• Citi US Economic Surprise Index 4.6 -6.3 points

• Citi Eurozone Economic Surprise Index 27.6 -1.0 point

• Citi Emerging Markets Economic Surprise Index -1.80 -4.8 points

• Fed Fund Futures imply 76.0% chance of no change, 24.0% chance of 25 basis point hike on 9/21

• US Dollar Index 94.60 -1.13%
• MSCI Emerging Markets Currency Index 1,555.99 +.12%

• Euro/Yen Carry Return Index 118.47 +.31%

• Yield Curve 84.0 +3.0 basis points

• 10-Year US Treasury Yield 1.59% +8.0 basis points

• Federal Reserve's Balance Sheet $4.426 Trillion -.06%

• U.S. Sovereign Debt Credit Default Swap 26.45 -16.69%

• Illinois Municipal Debt Credit Default Swap 356.0 -.05%

• Western Europe Sovereign Debt Credit Default Swap Index 24.75 +6.41%

• Asia Pacific Sovereign Debt Credit Default Swap Index 43.74 -.34%
  

• Emerging Markets Sovereign Debt CDS Index 114.90 -1.15%
  

• Israel Sovereign Debt Credit Default Swap 70.0 -4.11%

• Iraq Sovereign Debt Credit Default Swap 856.93 -.01%

• Russia Sovereign Debt Credit Default Swap 229.70 +.99%

• iBoxx Offshore RMB China Corporate High Yield Index 131.40 -.27%

• 10-Year TIPS Spread 1.49% +4.0 basis points
  

• TED Spread 51.75 -2.25 basis points

• 2-Year Swap Spread 25.75 +.75 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -37.0 +3.0 basis points

• N. America Investment Grade Credit Default Swap Index 70.68 -.93%

• America Energy Sector High-Yield Credit Default Swap Index 679.0 -5.43%

• European Financial Sector Credit Default Swap Index 92.23 +4.55%
  

• Emerging Markets Credit Default Swap Index 241.07 -1.96%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 147.50 unch.
  

• M1 Money Supply $3.278 Trillion +2.21%

• Commercial Paper Outstanding 1,012.30 -1.1%

• 4-Week Moving Average of Jobless Claims 265,250 +2,500

• Continuing Claims Unemployment Rate 1.6% unch.

• Average 30-Year Mortgage Rate 3.43% -2.0 basis points

• Weekly Mortgage Applications 541.5 -3.99%

• Bloomberg Consumer Comfort 43.6 +1.8 points

• Weekly Retail Sales +.4% -10.0 basis points

• Nationwide Gas $2.14/gallon +.01/gallon

• Baltic Dry Index 682.0 +1.64%

• China (Export) Containerized Freight Index 711.28 +1.20%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.50 +10.0%

• Rail Freight Carloads 266,944 +1.27%

Best Performing Style

• Small-Cap Value +.7%

Worst Performing Style

• Large-Cap Growth -.5%

Leading Sectors

• Computer Hardware +3.6%

• Oil Service +3.4%

• Road & Rail +3.1%

• Semis +2.1%

• Defense +1.6%

Lagging Sectors

• Restaurants -1.7% 

• REITs -2.1%

• Hospitals -2.1%

• Telecom -2.6%

• Gold & Silver -3.3%

Weekly High-Volume Stock Gainers (20)

• ACIA, SEMI, PTI, REN, SYRS, GK, URBN, NTAP, AVXS, TWLO, OSIS, RETA, AIMT, NXRT, GBT, PPS, DKS, PLANT, DY and PATK

Weekly High-Volume Stock Losers (11)

• LOW, MAA, ALRM, VRSN, OMED, CREE, BGG, PTLA, HAIN, CXW and GEO

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Slightly Lower into Final Hour on Fed Rate-Hike Worries, Rising European/Emerging Markets Debt Angst, Technical Selling, Restaurant/Utility Sector Weakness

Broad Equity Market Tone:

• Advance/Decline Line: Lower
  

• Sector Performance: Most Sectors Declining
  

• Volume: Below Average

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 11.69 +2.27%

• Euro/Yen Carry Return Index 118.48 +.02%

• Emerging Markets Currency Volatility(VXY) 9.98 +1.32%

• S&P 500 Implied Correlation 44.36 +.09%

• ISE Sentiment Index 84.0 -38.97%
  

• Total Put/Call .83 +12.0%

• NYSE Arms .91 -9.91% 

Credit Investor Angst:

• North American Investment Grade CDS Index 70.60 +.95%
  

• America Energy Sector High-Yield CDS Index 682.0 -2.96%

• European Financial Sector CDS Index 92.86 +4.25%

• Western Europe Sovereign Debt CDS Index 24.75 +1.85%

• Asia Pacific Sovereign Debt CDS Index 43.27 +.46%

• Emerging Market CDS Index 240.98 +.36%
  

• iBoxx Offshore RMB China Corporate High Yield Index 131.40 -.03%

• 2-Year Swap Spread 25.75 +.25 basis point
  

• TED Spread 51.75 +1.0 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -36.75 +1.0 basis point
  

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 73.65 -.31%
• 3-Month T-Bill Yield .30% +1.0 basis point 

• Yield Curve 83.0 unch.
  

• China Import Iron Ore Spot $60.95/Metric Tonne +.40%

• Citi US Economic Surprise Index 4.6 -.7 point

• Citi Eurozone Economic Surprise Index 27.6 unch.

• Citi Emerging Markets Economic Surprise Index -1.8 unch.

• 10-Year TIPS Spread 1.50% +1.0 basis point
• 30.5% chance of Fed rate hike at Nov. 2 meeting, 52.4% chance at Dec. 14 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating -70 open in Japan 
• China A50 Futures: Indicating +1 open in China

• DAX Futures: Indicating -3 open in Germany

Portfolio: 

• Slightly Higher: On gains in my retail/medical/tech sector longs and emerging markets shorts
  

• Disclosed Trades: None

• Market Exposure: 50% Net Long

Bear Radar

Style Underperformer:

• Mid-Cap Value -.5%

Sector Underperformers:

• 1) Coal -4.7% 2) Gold & Silver -2.8% 3) Oil Service -1.5%

Stocks Falling on Unusual Volume: 

• FMS, ARA, DVA, ZEUS, EL, ADS, WSR, PSTG, REN, UBSI, MSG, TRIL, EMR, IEP, CPK, MPEL, SALE, YY, PNR, ACIA, ROK, PUK, FIZZ, T, DTE, SPWH and SALE

Stocks With Unusual Put Option Activity:

• 1) XLY 2) DE 3) NUE 4) ASHR 5) MON

Stocks With Most Negative News Mentions:

• 1) BWLD 2) X 3) NOG 4) IEP 5) AKS

Charts:

• ETFs Falling on Unusual Volume
• Stocks Falling on Unusual Volume