Bull Radar

Style Outperformer:

• Small-Cap Value +.8%

Sector Outperformers:

• 1) Hospitals +3.4% 2) Airlines 3.0% 3) Semis +1.5%

Stocks Rising on Unusual Volume:

• CIVI, IDCC, ATHN, LLY, XLNX, UHS, MDLZ and IGT

Stocks With Unusual Call Option Activity:

• 1) CCL 2) ASNA 3) RRC 4) PIR 5) SYF

Stocks With Most Positive News Mentions:

• 1) NEO 2) XLNX 3) TREE 4) PIR 5) COHR

Charts:

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

Morning Market Internals

NYSE Composite Index:

• Volume Running +16.3% Below 100-Day Average
• 10 Sectors Rising, 0 Sectors Declining
• 57.7% of Issues Advancing, 39.6% Declining
• 86 New 52-Week Highs, 101 New Lows
• 57.6% of Issues Above 200-day Moving Average
• Average 14-Day RSI 43.5%
• Vix 13.2 +.08%
• Total Put/Call .82 -7.87%
• TRIN/Arms 1.02 -22.5%

Stocks Reversing Lower into Afternoon on Fed Rate-Hike Worries, Earnings Outlook Concerns, Oil Decline, Energy/Homebuilding Sector Weakness

Broad Equity Market Tone:

• Advance/Decline Line: Lower
  

• Sector Performance: Mixed
  

• Volume: Slightly Below Average

• Market Leading Stocks: Underperforming
  

Equity Investor Angst:

• Volatility(VIX) 13.07 +2.75%

• Euro/Yen Carry Return Index 128.22 +.29%

• Emerging Markets Currency Volatility(VXY) 11.13 +.09%

• S&P 500 Implied Correlation 49.32 -3.66%

• ISE Sentiment Index 65.0 -40.37%
  

• Total Put/Call .86 +43.33%

• NYSE Arms .76 -5.99%

Credit Investor Angst:

• North American Investment Grade CDS Index 67.71 -.12%
  

• America Energy Sector High-Yield CDS Index 438.0 +.48%

• European Financial Sector CDS Index 95.12 +1.96%

• Western Europe Sovereign Debt CDS Index 20.41 +3.19%

• Asia Pacific Sovereign Debt CDS Index 35.57 -1.93%

• Emerging Market CDS Index 242.64 +.03%
  

• iBoxx Offshore RMB China Corporate High Yield Index 133.03 -.08%

• 2-Year Swap Spread 23.25 +1.25 basis points

• TED Spread 44.0 +.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -53.75 +1.25 basis points
  

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 70.0 -.5%
• 3-Month T-Bill Yield .53% unch,

• Yield Curve 128.0 -3.0 basis points
  

• China Import Iron Ore Spot $79.18/Metric Tonne -5.08%

• Citi US Economic Surprise Index 27.50 -5.1 points

• Citi Eurozone Economic Surprise Index 57.50 -1.5 basis points

• Citi Emerging Markets Economic Surprise Index 3.10 -.1 point

• 10-Year TIPS Spread 1.96% -3.0 basis points
• 36.1% chance of Fed rate hike at March 15 meeting, 46.0% chance at May 3 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +110 open in Japan 
• China A50 Futures: Indicating -4 open in China

• DAX Futures: Indicating +35 open in Germany

Portfolio: 

• Higher: On gains in my tech sector longs, index hedges and emerging market shorts

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

• Market Exposure: Moved to 25% Net Long

Bear Radar

Style Underperformer:

• Small-Cap Growth -.8%

Sector Underperformers:

• 1) Oil Service -1.7% 2) Hospitals -1.6% 3) Defense -.8%

Stocks Falling on Unusual Volume: 

• OTEX, SUPV, ABM, GWR, ANW, UHS, CPE, AKAO, HTHT, RNST, MGNX, AIRG, DEO, PBF, HEI, AVXS, ESRX, ANTX, COHR, CQP, ICFI, ABTL, AJRD, DORM and ACHC

Stocks With Unusual Put Option Activity:

• 1) CAR 2) MRO 3) SMH 4) SCHW 5) VFC

Stocks With Most Negative News Mentions:

• 1) UHS 2) PRTO 3) ARAY 4) AIRG 5) SRPT

Charts:

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

Bull Radar

Style Outperformer:

• Large-Cap Growth unch.

Sector Outperformers:

• 1) Steel +1.3% 2) Gaming +1.2% 3) Gold & Silver +.6%

Stocks Rising on Unusual Volume:

• NSR, NDSN and NVDA

Stocks With Unusual Call Option Activity:

• 1) OPK 2) ON 3) CHTR 4) KATE 5) RSX

Stocks With Most Positive News Mentions:

• 1) RRGB 2) TREE 3) MC 4) NVDA 5) AKAM

Charts:

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

Morning Market Internals

NYSE Composite Index:

• Volume Running -4.8% Below 100-Day Average
• 1 Sector Rising, 9 Sectors Declining
• 33.9% of Issues Advancing, 62.9% Declining
• 63 New 52-Week Highs, 36 New Lows
• 60.7% of Issues Above 200-day Moving Average
• Average 14-Day RSI 46.9%
• Vix 12.8 +.6%
• Total Put/Call .90 +50.0%
• TRIN/Arms .93 +15.98%