Weekly Scoreboard*

Indices

• S&P 500 2,293.31 +.97%

• DJIA 20,085.97 +1.32%

• NASDAQ 5,657.77 +1.84%

• Russell 2000 1,370.79 +1.37%

• S&P 500 High Beta 37.89 +1.75%

• Goldman 50 Most Shorted 121.27 +.43%

• Wilshire 5000 23,848.0 +1.04%

• Russell 1000 Growth 1,094.83 +1.23%

• Russell 1000 Value 1,115.87 +.73%

• S&P 500 Consumer Staples 537.45 -.38%

• Vanda Cyclicals-Defensives 1.3113 +1.34%
  

• Morgan Stanley Technology 1,306.08 +2.73%

• Transports 9,437.37 +2.29%

• Utilities 656.63 -.25%

• Bloomberg European Bank/Financial Services 96.24 +2.38%

• MSCI Emerging Markets 37.28 +2.25%

• HFRX Equity Hedge 1,173.35 +.71%

• HFRX Equity Market Neutral 995.47 +.49%

Sentiment/Internals

• NYSE Cumulative A/D Line 279,272 +1.15%

• Bloomberg New Highs-Lows Index 756 +522

• Bloomberg Crude Oil % Bulls 21.21 -44.53%

• CFTC Oil Net Speculative Position 464,678 +7.18%

• CFTC Oil Total Open Interest 2,179,122 +3.05%

• Total Put/Call .97 -2.02%

• OEX Put/Call 1.55 +91.46%

• ISE Sentiment 74.0 -2.60%

• NYSE Arms 1.02 +26.58%

• Volatility(VIX) 10.53 -10.31%

• S&P 500 Implied Correlation 47.24 -7.86%

• G7 Currency Volatility (VXY) 10.20 -2.11%

• Emerging Markets Currency Volatility (EM-VXY) 10.78 -2.18%

• Smart Money Flow Index 19,375.34 +.62%

• ICI Money Mkt Mutual Fund Assets $2.686 Trillion +.74%

• ICI US Equity Weekly Net New Cash Flow -$1.237 Billion

• AAII % Bulls 31.6 -14.7%

• AAII % Bears 33.5 +2.5%

Futures Spot Prices

• CRB Index 193.14 -.59%

• Crude Oil 52.89 +.99%

• Reformulated Gasoline 152.40 -2.67%

• Natural Gas 3.42 +3.84%

• Heating Oil 161.01 -2.47%

• Gold 1,189.0 -1.93%

• Bloomberg Base Metals Index 176.55 +.94%

• Copper 268.80 +2.73%

• US No. 1 Heavy Melt Scrap Steel 279.33 USD/Ton +.6%

• China Iron Ore Spot 83.34 USD/Ton +3.64%

• Lumber 329.0 +.77%

• UBS-Bloomberg Agriculture 1,185.79 -.84%

Economy

• Atlanta Fed GDPNow Forecast +2.9% +10.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate +11.9% -10.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index .1108 -13.71%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 132.37 +.07%

• Citi US Economic Surprise Index 35.80 -8.8 points

• Citi Eurozone Economic Surprise Index 51.0 -12.5 points

• Citi Emerging Markets Economic Surprise Index 39.50 +1.0 point

• Fed Fund Futures imply 85.5% chance of no change 14.5% chance of 25 basis point hike on 2/1

• US Dollar Index 100.61 -.17%

• MSCI Emerging Markets Currency Index 1,534.23 +.46%

• Euro/Yen Carry Return Index 128.56 +.36%

• Yield Curve 127.0 -1.0 basis point

• 10-Year US Treasury Yield 2.48% +1.0 basis point

• Federal Reserve's Balance Sheet $4.414 Trillion -.18%

• U.S. Sovereign Debt Credit Default Swap 26.55 -11.46%

• Illinois Municipal Debt Credit Default Swap 405.0 -.05%

• Western Europe Sovereign Debt Credit Default Swap Index 21.82 +5.01%

• Asia Pacific Sovereign Debt Credit Default Swap Index 32.46 -5.64%
  

• Emerging Markets Sovereign Debt CDS Index 76.25 -3.14%
  

• Israel Sovereign Debt Credit Default Swap 70.0 +1.5%

• Iraq Sovereign Debt Credit Default Swap 703.42 unch.

• Russia Sovereign Debt Credit Default Swap 183.75 +.13%

• iBoxx Offshore RMB China Corporate High Yield Index 133.41 +.26%

• 10-Year TIPS Spread 2.07% +3.0 basis points
  

• TED Spread 53.75 -1.25 basis points

• 2-Year Swap Spread 29.75 -2.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -37.5 +3.25 basis points

• N. America Investment Grade Credit Default Swap Index 64.36 -2.26%

• America Energy Sector High-Yield Credit Default Swap Index 404.0 -5.86%

• European Financial Sector Credit Default Swap Index 86.81 +1.29%
  

• Emerging Markets Credit Default Swap Index 235.03 -1.17%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 133.50 +.5 basis point
  

• M1 Money Supply $3.411 Trillion +.63%

• Commercial Paper Outstanding 963.20 -.4%

• 4-Week Moving Average of Jobless Claims 245,500 -1,250

• Continuing Claims Unemployment Rate 1.5% unch.

• Average 30-Year Mortgage Rate 4.19% +10.0 basis points

• Weekly Mortgage Applications 397.40 +3.98%

• Bloomberg Consumer Comfort 45.2 unch.

• Weekly Retail Sales +.5% -10.0 basis points

• Nationwide Gas $2.29/gallon -.04/gallon

• Baltic Dry Index 840.0 -9.2%

• China (Export) Containerized Freight Index 876.10 +4.25%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 45.0 -10.0%

• Rail Freight Carloads 267,803 +1.82%

Best Performing Style

• Small-Cap Value +1.4%

Worst Performing Style

• Large-Cap Value +.8%

Leading Sectors

• Homebuilders +6.9%

• Computer Hardware +5.4%

• Construction +3.9%

• Semis +3.1%

• Road & Rail +3.1%

Lagging Sectors

• Energy -.6% 

• REITs -.7%

• Airlines -1.7%

• Retail -1.7%

• Oil Service -2.6%

Weekly High-Volume Stock Gainers (30)

• ATI, CRR, CDZI, MPSX, STX, IIVI, AVHI, SWKS, OLED, XXIA, RCL, BNCN, NEWR, VIRT, HZO, EXP, PNFP, ROK, SYNA, MSA, CHTR, RMD, FLW, PSTB, MGI, MDP, SHW, MRCY, CARO and MGEE

Weekly High-Volume Stock Losers (14)

• PETS, DISH, WHR, ENLC, VRTS, WU, CVLT, TDG, HZN, ENTL, WRLD, BMY, QCOM and VIVO

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, Oil Decline, Profit-Taking, Energy/Retail Sector Weakness

Broad Equity Market Tone:

• Advance/Decline Line: Modestly Lower
  

• Sector Performance: Mixed
  

• Volume: Below Average

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 10.52 -1.03%

• Euro/Yen Carry Return Index 128.54 +.58%

• Emerging Markets Currency Volatility(VXY) 10.78 +1.32%

• S&P 500 Implied Correlation 47.15 +2.97%

• ISE Sentiment Index 74.0 -21.28%
  

• Total Put/Call .97 +11.49%

• NYSE Arms 1.02 -25.41%

Credit Investor Angst:

• North American Investment Grade CDS Index 64.17 +.29%
  

• America Energy Sector High-Yield CDS Index 404.0 +.22%

• European Financial Sector CDS Index 87.13 +1.72%

• Western Europe Sovereign Debt CDS Index 21.81 +2.54%

• Asia Pacific Sovereign Debt CDS Index 32.29 -1.13%

• Emerging Market CDS Index 234.76 -.82%
  

• iBoxx Offshore RMB China Corporate High Yield Index 133.41 +.04%

• 2-Year Swap Spread 29.75 +1.0 basis point

• TED Spread 53.75 +.25 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -37.5 +.25 basis point
  

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 70.37 +.12%
• 3-Month T-Bill Yield .50% +1.0 basis point

• Yield Curve 127.0 -1.0 basis point
  

• China Import Iron Ore Spot $83.34/Metric Tonne unch.

• Citi US Economic Surprise Index 35.80 n/a

• Citi Eurozone Economic Surprise Index 51.0 n/a

• Citi Emerging Markets Economic Surprise Index 39.50 n/a

• 10-Year TIPS Spread 2.07 unch.
• 36.3% chance of Fed rate hike at March 15 meeting, 50.4% chance at May 3 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +33 open in Japan 
• China A50 Futures: Indicating +124 open in China

• DAX Futures: Indicating -4 open in Germany

Portfolio: 

• Slightly Higher: On gains in my in my tech/biotech/medical sector longs 

• Disclosed Trades: None

• Market Exposure: 75% Net Long

Bear Radar

Style Underperformer:

• Small-Cap Value -.6%

Sector Underperformers:

• 1) Oil Service -1.9% 2) Airlines -1.7% 3) Homebuilders -1.4%

Stocks Falling on Unusual Volume: 

• KEYW, EEP, CL, KTWO, PFPT, APD, SYNA, SYNA, SBUX, PYPL, UIS, JBLU, CAFD, MIC, AAL, EMN, MTZ, TCB and RHI

Stocks With Unusual Put Option Activity:

• 1) JBLU 2) SBUX 3) APD 4) ESRX 5) LUV

Stocks With Most Negative News Mentions:

• 1) CAFD 2) SHOR 3) JBLU 4) WHR 5) ISCA

Charts:

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

Bull Radar

Style Outperformer:

• Large-Cap Growth unch.

Sector Outperformers:

• 1) Gaming +2.6% 2) Software +1.1% 3) Medical Equipment +1.1%

Stocks Rising on Unusual Volume:

• HZN, MRCY, CLS, LRN, MXIM, OSIS, VMW, WYNN, CRR, BCR, FLEX, ISBC, ABAX, TWI, KLAC, PRIM, MAT, GD, USLV, RYAM, DVMT, OSIS, ISBC, POL, WTW, RRC, ASH, RTN and TKR

Stocks With Unusual Call Option Activity:

• 1) APD 2) TXT 3) JNPR 4) MXIM 5) FTNT

Stocks With Most Positive News Mentions:

• 1) KLAC 2) VMW 3) MXIM 4) WYNN 5) CAT

Charts:

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

Morning Market Internals

NYSE Composite Index:

• Volume Running -15.0% Below 100-Day Average
• 4 Sectors Rising, 6 Sectors Declining
• 37.2% of Issues Advancing, 58.3% Declining
• 93 New 52-Week Highs, 10 New Lows
• 59.9% of Issues Above 200-day Moving Average
• Average 14-Day RSI 42.4%
• Vix 10.9 +.7%
• Total Put/Call .80 -8.0%
• TRIN/Arms .96 -30.0%