Weekly Scoreboard*

Indices

• S&P 500 2,088.97 -1.58%

• DJIA 17,900.90 -1.34%

• NASDAQ 5,050.53 -2.58%

• Russell 2000 1,165.64 -1.57%

• S&P 500 High Beta 31.80 -2.03%

• Goldman 50 Most Shorted 104.67 -3.64%

• Wilshire 5000 21,519.10 -1.73%

• Russell 1000 Growth 1,002.57 -1.80%

• Russell 1000 Value 1,006.64 -1.27%

• S&P 500 Consumer Staples 529.46 -1.79%

• Vanda Cyclicals-Defensives 1.2067 +.23%
  

• Morgan Stanley Technology 1,176.46 -1.93%

• Transports 8,083.76 +1.0%

• Utilities 653.73 -.72%

• Bloomberg European Bank/Financial Services 78.73 -4.86%

• MSCI Emerging Markets 36.29 -2.28%

• HFRX Equity Hedge 1,127.17 -1.28%

• HFRX Equity Market Neutral 997.80 +.09%

Sentiment/Internals

• NYSE Cumulative A/D Line 263,059 -1.59%

• Bloomberg New Highs-Lows Index -385 -295

• Bloomberg Crude Oil % Bulls 25.0 +162.6%

• CFTC Oil Net Speculative Position 403,586 -1.08%

• CFTC Oil Total Open Interest 1,821,737 +.58%

• Total Put/Call 1.41 +28.18%

• OEX Put/Call 1.81 -73.96%

• ISE Sentiment 75.0 +105.5%

• NYSE Arms 1.08 +5.1%

• Volatility(VIX) 22.36 +37.12%

• S&P 500 Implied Correlation 71.01 +31.79%

• G7 Currency Volatility (VXY) 10.27 +10.55%

• Emerging Markets Currency Volatility (EM-VXY) 10.67 +8.58%

• Smart Money Flow Index 18,423.63 -3.37%

• ICI Money Mkt Mutual Fund Assets $2.677 Trillion +.99%

• ICI US Equity Weekly Net New Cash Flow -$5.455 Billion

• AAII % Bulls 23.6 -4.5%

• AAII % Bears 34.3 +.7%

Futures Spot Prices

• CRB Index 182.50 -3.54%

• Crude Oil 44.10 -9.33%

• Reformulated Gasoline 138.87 -4.63%

• Natural Gas 2.78 -10.79%

• Heating Oil 143.31 -7.26%

• Gold 1,305.0 +2.12%

• Bloomberg Base Metals Index 159.57 +2.22%

• Copper 226.20 +3.0%

• US No. 1 Heavy Melt Scrap Steel 176.33 USD/Ton unch.

• China Iron Ore Spot 65.0 USD/Ton +1.63%

• Lumber 311.50 +3.6%

• UBS-Bloomberg Agriculture 1,174.38 -1.28%

Economy

• Atlanta Fed GDPNow Forecast +3.1% +100.0 basis points
• ECRI Weekly Leading Economic Index Growth Rate +7.3% -70.0 basis points

• Philly Fed ADS Real-Time Business Conditions Index -.1567 +5.37%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 129.13 +.02%

• Citi US Economic Surprise Index -12.90 -3.8 points

• Citi Eurozone Economic Surprise Index 36.2 -7.3 points

• Citi Emerging Markets Economic Surprise Index -3.0 +11.1 points

• Fed Fund Futures imply 26.0% chance of no change, 74.0% chance of 25 basis point hike on 12/14

• US Dollar Index 97.07 -1.35%
• MSCI Emerging Markets Currency Index 1,541.79 +.10%

• Euro/Yen Carry Return Index 119.69 -.31%

• Yield Curve 99.0 unch.

• 10-Year US Treasury Yield 1.78% -8.0 basis points

• Federal Reserve's Balance Sheet $4.413 Trillion -.04%

• U.S. Sovereign Debt Credit Default Swap 23.60 -10.66%

• Illinois Municipal Debt Credit Default Swap 359.0 -.03%

• Western Europe Sovereign Debt Credit Default Swap Index 19.35 +4.03%

• Asia Pacific Sovereign Debt Credit Default Swap Index 36.38 +7.05%
  

• Emerging Markets Sovereign Debt CDS Index 94.90 +5.28%
  

• Israel Sovereign Debt Credit Default Swap 69.12 +3.16%

• Iraq Sovereign Debt Credit Default Swap 749.95 unch.

• Russia Sovereign Debt Credit Default Swap 237.23 +6.38%

• iBoxx Offshore RMB China Corporate High Yield Index 132.59 +.03%

• 10-Year TIPS Spread 1.69% -4.0 basis points
  

• TED Spread 51.5 -9.25 basis points

• 2-Year Swap Spread 24.25 +1.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -46.0 -.5 basis point

• N. America Investment Grade Credit Default Swap Index 80.29 +5.35%

• America Energy Sector High-Yield Credit Default Swap Index 658.0 +10.15%

• European Financial Sector Credit Default Swap Index 100.21 +4.67%
  

• Emerging Markets Credit Default Swap Index 250.47 +5.45%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 140.0 unch.
  

• M1 Money Supply $3.347 Trillion +1.47%

• Commercial Paper Outstanding 907.50 +.5%

• 4-Week Moving Average of Jobless Claims 257,750 +4,750

• Continuing Claims Unemployment Rate 1.5% unch.

• Average 30-Year Mortgage Rate 3.54% +7.0 basis points

• Weekly Mortgage Applications 486.20 -1.18%

• Bloomberg Consumer Comfort 44.6 +.7 point

• Weekly Retail Sales +.6% unch.

• Nationwide Gas $2.22/gallon -.01/gallon

• Baltic Dry Index 849.0 +1.8%

• China (Export) Containerized Freight Index 752.92 +2.02%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 40.0 +14.29%

• Rail Freight Carloads 273,421 -.77%

Best Performing Style

• Mid-Cap Growth -.8%

Worst Performing Style

• Large-Cap Growth -1.6%

Leading Sectors

• Gold & Silver +4.8%

• Networking +3.0%

• Road & Rail +1.4%

• Gaming +.9%

• Airlines +.9%

Lagging Sectors

• Alt Energy -3.3% 

• Biotech -3.5%

• Construction -3.6%

• Social Media -3.6%

• Telecom -4.5%

Weekly High-Volume Stock Gainers (32)

• BRCD, IGNT, JBSS, MPG, LHCG, EGRX, IPHS, TMH, BG, BGFV, RCL, VVI, DF, ADM, LOPE, ZG, AMKR, NXTM, SHOO, ITRI, SQ, VRTS, EVHC, MCY, IM, WSTC, NGVT, CRUS, LION, VCRA, HLS and TNET

Weekly High-Volume Stock Losers (73)

• KIM, SBAC, VAL, BFAM, HLF, QUOT, ATR, KATE, GTLS, FB, HCP, SHPG, ACIW, SABR, EGL, CERN, CALD, CACC, ABC, ABBV, XOXO, SFM, PLT, KFRC, GT, BGS, LB, THHH, FARO, HSTM, AN, LMNX, ZEN, SBRA, CRL, HURN, BSFT, TYPE, NSR, VRX, CAH, BEAT, GLT, FLT, INT, AGN, PAYC, ZBH, PBI, ONCE, MPW, AMGN, ACLS, CKH, FSLR, HZO, MTCH, LL, DNOW, PODD, PLOW, CSU, BKD, MCK, THS, DXCM, AXL, SYNA, INST, PMC, CTL, ANIP and DPLO

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Slightly Higher into Final Hour on Less US High-Yield Debt Angst, Yen Weakness, Short-Covering, Biotech/Healthcare Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: Higher
  

• Sector Performance: Mixed
  

• Volume: Slightly Above Average

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 21.34 -3.22%

• Euro/Yen Carry Return Index 119.79 +.27%

• Emerging Markets Currency Volatility(VXY) 10.63 +2.41%

• S&P 500 Implied Correlation 65.76 -2.84%

• ISE Sentiment Index 119.0 +158.7%
  

• Total Put/Call 1.39 +15.83%

• NYSE Arms 1.02 +19.88% 

Credit Investor Angst:

• North American Investment Grade CDS Index 80.44 -.04%
  

• America Energy Sector High-Yield CDS Index 655.0 -1.95%

• European Financial Sector CDS Index 100.14 +.92%

• Western Europe Sovereign Debt CDS Index 19.44 +2.05%

• Asia Pacific Sovereign Debt CDS Index 36.43 +.18%

• Emerging Market CDS Index 250.33 -1.15%
  

• iBoxx Offshore RMB China Corporate High Yield Index 132.59 unch.

• 2-Year Swap Spread 24.25 +.5 basis point

• TED Spread 51.50 -.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -46.0 -1.0 basis point
  

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 72.07 -.21%
• 3-Month T-Bill Yield .37% unch.

• Yield Curve 100.0 +2.0 basis points
  

• China Import Iron Ore Spot $65.0/Metric Tonne -.7%

• Citi US Economic Surprise Index -12.90 +.2 point

• Citi Eurozone Economic Surprise Index 36.2 -7.3 points

• Citi Emerging Markets Economic Surprise Index -3.0 +.2 point

• 10-Year TIPS Spread 1.69% -2.0 basis points
• 78.9% chance of Fed rate hike at Feb. 1 meeting, 80.6% chance at March 15 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating -15 open in Japan 
• China A50 Futures: Indicating -17 open in China

• DAX Futures: Indicating -25 open in Germany

Portfolio: 

• Higher: On gains in my medical/biotech/retail sector longs, index hedges and emerging markets shorts

• Disclosed Trades: Added to my (IWM)/(QQQ) hedges

• Market Exposure: Moved to 25% Net Long

Bear Radar

Style Underperformer:

• Large-Cap Value +.3%

Sector Underperformers:

• 1) Construction -1.0% 2) Gold & Silver -.7% 3) Foods -.6%

Stocks Falling on Unusual Volume: 

• CSOD, CUBI, ABTL, HASI, PCTY, FLR, LILA, BNFT, MNST, UEIC, LILAK, QRVO, NPTN, ALR, CPSI, WEB, MDRX, LJPC, KAR, LOCO, QLYS, WLTW, AMED, MIC, SSNI, TSN, AXL, OII, MUR, GPRO, FSLR, SEM, QLYS, GEL, SAFM, PPC, NUS, FCE/A, SYMC, SSTK, FLR and WEB

Stocks With Unusual Put Option Activity:

• 1) KRE 2) SCTY 3) SBUX 4) MGM 5) WYN

Stocks With Most Negative News Mentions:

• 1) HSTM 2) LOCO 3) CHK 4) SAFM 5) NTAP

Charts:

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

Bull Radar

Style Outperformer:

• Small-Cap Growth +1.0%

Sector Outperformers:

• 1) Gaming +3.1% 2) Biotech +2.4% 3) Hospitals +2.2%

Stocks Rising on Unusual Volume:

• UBNT, PODD, ALXN, AIRM, TRUE, ELY, FEYE, AGO, MHK, WTW, PI, BRS, CBM, TIVO, XLRN, LGF, EXEL, SCTY, NRG, ATSG, AMAG, ONCE, FOSL, ALNY, IPXL and VIRT

Stocks With Unusual Call Option Activity:

• 1) HZNP 2) DVA 3) HAIN 4) TSN 5) GPRO

Stocks With Most Positive News Mentions:

• 1) TRUE 2) ELY 3) OLED 4) LVS 5) MSI

Charts:

• ETFs Rising on Unusual Volume
• Stocks Rising on Unusual Volume

Morning Market Internals

NYSE Composite Index:

• Volume Running +6.5% Above 100-Day Average
• 5 Sectors Rising, 5 Sectors Declining
• 57.3% of Issues Advancing, 38.6% Declining
• 7 New 52-Week Highs, 47 New Lows
• 44.9% of Issues Above 200-day Moving Average
• Average 14-Day RSI 32.5%
• Vix 22.2 +.5%
• Total Put/Call 1.21 +.8%
• TRIN/Arms .95 +12.2%