Weekly Scoreboard*

Indices

• S&P 500 2,256.17 -.04%

• DJIA 19,849.0 +.46%

• NASDAQ 5,435.09 -.10%

• Russell 2000 1,367.18 -1.37%

• S&P 500 High Beta 37.15 -2.44%

• Goldman 50 Most Shorted 122.44 -1.88%

• Wilshire 5000 23,459.10 -.30%

• Russell 1000 Growth 1,062.75 -.01%

• Russell 1000 Value 1,109.68 -.29%

• S&P 500 Consumer Staples 535.0 +.76%

• Vanda Cyclicals-Defensives 1.2992 -.41%
  

• Morgan Stanley Technology 1,228.38 -.09%

• Transports 9,173.64 -2.33%

• Utilities 655.92 +1.74%

• Bloomberg European Bank/Financial Services 94.24 +1.04%

• MSCI Emerging Markets 35.25 -2.35%

• HFRX Equity Hedge 1,158.83 -.13%

• HFRX Equity Market Neutral 987.33 -.97%

Sentiment/Internals

• NYSE Cumulative A/D Line 271,914 -.66%

• Bloomberg New Highs-Lows Index 128 -1,231

• Bloomberg Crude Oil % Bulls 29.41 +56.85%

• CFTC Oil Net Speculative Position 377,626 +31.17%

• CFTC Oil Total Open Interest 2,098,290 +3.87%

• Total Put/Call .90 +11.11%

• OEX Put/Call .49 -41.67%

• ISE Sentiment 62.0 -8.05%

• NYSE Arms 1.33 +63.64%

• Volatility(VIX) 12.51 +6.55%

• S&P 500 Implied Correlation 49.11 -4.55%

• G7 Currency Volatility (VXY) 11.24 +6.74%

• Emerging Markets Currency Volatility (EM-VXY) 11.23 +2.24%

• Smart Money Flow Index 19,470.02 -.06%

• ICI Money Mkt Mutual Fund Assets $2.733 Trillion -.14%

• ICI US Equity Weekly Net New Cash Flow -$8.761 Billion

• AAII % Bulls 44.7 +3.6%

• AAII % Bears 32.3 +22.1%

Futures Spot Prices

• CRB Index 191.43 -.29%

• Crude Oil 51.97 +.93%

• Reformulated Gasoline 155.81 +3.46%

• Natural Gas 3.42 -8.24%

• Heating Oil 167.41 +2.22%

• Gold 1,136.20 -2.14%

• Bloomberg Base Metals Index 173.34 -1.61%

• Copper 255.50 -3.77%

• US No. 1 Heavy Melt Scrap Steel 215.27 USD/Ton +4.0%

• China Iron Ore Spot 81.49 USD/Ton -.21%

• Lumber 310.0 -2.30%

• UBS-Bloomberg Agriculture 1,135.0 -.86%

Economy

• Atlanta Fed GDPNow Forecast +2.6% unch.
• ECRI Weekly Leading Economic Index Growth Rate +11.0% +130.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index -.3446 +7.32%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 130.84 +.25%

• Citi US Economic Surprise Index 22.90 -7.3 points

• Citi Eurozone Economic Surprise Index 63.30 +.7 point

• Citi Emerging Markets Economic Surprise Index 5.6 +2.7 points

• Fed Fund Futures imply 87.6% chance of no change 12.4% chance of 25 basis point hike on 2/1

• US Dollar Index 102.82 +1.27%
• MSCI Emerging Markets Currency Index 1,5103.94 -.60%

• Euro/Yen Carry Return Index 128.58 +1.07%

• Yield Curve 133.0 -1.0 basis point

• 10-Year US Treasury Yield 2.58% +12.0 basis points

• Federal Reserve's Balance Sheet $4.432 Trillion +.51%

• U.S. Sovereign Debt Credit Default Swap 27.07 -2.10%

• Illinois Municipal Debt Credit Default Swap 358.0 -.06%

• Western Europe Sovereign Debt Credit Default Swap Index 20.47 -14.51%

• Asia Pacific Sovereign Debt Credit Default Swap Index 37.15 +3.37%
  

• Emerging Markets Sovereign Debt CDS Index 84.44 -7.49%
  

• Israel Sovereign Debt Credit Default Swap 69.32 -.96%

• Iraq Sovereign Debt Credit Default Swap 759.97 unch.

• Russia Sovereign Debt Credit Default Swap 183.81 -7.85%

• iBoxx Offshore RMB China Corporate High Yield Index 132.99 -.03%

• 10-Year TIPS Spread 1.89% -11.0 basis points
  

• TED Spread 49.50 +7.0 basis points

• 2-Year Swap Spread 25.75 +3.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -54.75 -.5 basis point

• N. America Investment Grade Credit Default Swap Index 68.39 +.56%

• America Energy Sector High-Yield Credit Default Swap Index 451.0 -2.51%

• European Financial Sector Credit Default Swap Index 94.12 -3.79%
  

• Emerging Markets Credit Default Swap Index 248.80 -.64%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 134.0 -1.0 basis point
  

• M1 Money Supply $3.332 Trillion -.90%

• Commercial Paper Outstanding 950.30 +1.60%

• 4-Week Moving Average of Jobless Claims 257,750 +6,250

• Continuing Claims Unemployment Rate 1.5% +10.0 basis points

• Average 30-Year Mortgage Rate 4.16% +3.0 basis points

• Weekly Mortgage Applications 397.50 -4.0%

• Bloomberg Consumer Comfort 45.5 +.4 point

• Weekly Retail Sales +.9% +20.0 basis points

• Nationwide Gas $2.23/gallon +.03/gallon

• Baltic Dry Index 966.0 -11.38%

• China (Export) Containerized Freight Index 770.56 +.58%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 52.50 +23.53%

• Rail Freight Carloads 279,874 +.38%

Best Performing Style

• Large-Cap Growth -.1%

Worst Performing Style

• Small-Cap Value -1.6%

Leading Sectors

• Hospitals +4.4%

• Tobacco +1.8%

• Utilities +1.7%

• Drugs +1.7%

• Energy +1.2%

Lagging Sectors

• Retail -3.9% 

• Social Media -4.1%

• Steel -4.2%

• Gold & Silver -6.7%

• Coal -10.0%

Weekly High-Volume Stock Gainers (18)

• AKAO, SVNT, EBS, INVN, NSR, OKSB, CCN, FLO, SWC, EVBG, CWH, PAY, VBTX, HEOP, AFAM, KMG, FBK and RRGB

Weekly High-Volume Stock Losers (19)

• SMSEY, CPE, AVXS, VLY, NSA, AJRD, ARI, WWE, HBHC, ALXN, ABM, VIA, GWR, VSTE, SCWX, RH, XTLY, DLTH and MGNX

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 US Economic Data, Yen Strength, Profit-Taking, Tech/Transport Sector Weakness

Broad Equity Market Tone:

• Advance/Decline Line: Lower
  

• Sector Performance: Mixed
  

• Volume: Heavy

• Market Leading Stocks: Underperforming
  

Equity Investor Angst:

• Volatility(VIX) 12.56 -1.8%

• Euro/Yen Carry Return Index 128.55 +.02%

• Emerging Markets Currency Volatility(VXY) 11.43 -.35%

• S&P 500 Implied Correlation 49.05 -.16%

• ISE Sentiment Index 77.0 -35.29%
  

• Total Put/Call .87 +3.57%

• NYSE Arms 1.44+65.45%

Credit Investor Angst:

• North American Investment Grade CDS Index 69.02 +.08%
  

• America Energy Sector High-Yield CDS Index 451.0 +.155%

• European Financial Sector CDS Index 93.71 -2.25%

• Western Europe Sovereign Debt CDS Index 20.47 -.78%

• Asia Pacific Sovereign Debt CDS Index 37.15 -.56%

• Emerging Market CDS Index 248.62 -.8%
  

• iBoxx Offshore RMB China Corporate High Yield Index 132.99 -.03%

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

• TED Spread 49.5 +2.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -54.75 unch.
  

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 69.34 -.23%
• 3-Month T-Bill Yield .50% unch.

• Yield Curve 134.0 +1.0 basis point
  

• China Import Iron Ore Spot $81.49/Metric Tonne -.21%

• Citi US Economic Surprise Index 22.9 -14.1 points

• Citi Eurozone Economic Surprise Index 63.30 -1.1 basis points

• Citi Emerging Markets Economic Surprise Index 5.60 +2.1 points

• 10-Year TIPS Spread 1.89% -3.0 basis points
• 33.1% chance of Fed rate hike at March 15 meeting, 46.4% chance at May 3 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating -51 open in Japan 
• China A50 Futures: Indicating -20 open in China

• DAX Futures: Indicating -25 open in Germany

Portfolio: 

• Slightly Lower: On losses in my tech/retail sector longs

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

• Market Exposure: Moved to 25% Net Long