Friday, February 10, 2017

Weekly Scoreboard*


Indices
  • S&P 500 2,317.60 +.89%
  • DJIA 20,277.04 +1.04%
  • NASDAQ 5,736.95 +1.27%
  • Russell 2000 1,390.07 +.86%
  • S&P 500 High Beta 38.01 +.42%
  • Goldman 50 Most Shorted 123.34 +2.54%
  • Wilshire 5000 24,117.10 +.89%
  • Russell 1000 Growth 1,111.17 +1.28%
  • Russell 1000 Value 1,124.45 +.53%
  • S&P 500 Consumer Staples 549.77 +1.18%
  • Vanda Cyclicals-Defensives 1.2965 -1.59%
  • Morgan Stanley Technology 1,326.99 +1.69%
  • Transports 9,392.38 +1.77%
  • Utilities 668.13 +1.1%
  • Bloomberg European Bank/Financial Services 93.46 -2.23%
  • MSCI Emerging Markets 38.03 +1.20%
  • HFRX Equity Hedge 1,168.87 -.26%
  • HFRX Equity Market Neutral 995.18 -.45%
Sentiment/Internals
  • NYSE Cumulative A/D Line 280,621 +.73%
  • Bloomberg New Highs-Lows Index 600 +316
  • Bloomberg Crude Oil % Bulls 18.42 -48.69%
  • CFTC Oil Net Speculative Position 492,692 +2.11%
  • CFTC Oil Total Open Interest 2,181,656 +1.39%
  • Total Put/Call .95 -8.82%
  • OEX Put/Call .76 +19.15%
  • ISE Sentiment 82.0 -10.9%
  • NYSE Arms .93 -4.81%
  • Volatility(VIX) 10.84 -1.09%
  • S&P 500 Implied Correlation 46.20 -3.1%
  • G7 Currency Volatility (VXY) 10.82 +7.88%
  • Emerging Markets Currency Volatility (EM-VXY) 10.19 -1.92%
  • Smart Money Flow Index 19,416.48 +.49%
  • ICI Money Mkt Mutual Fund Assets $2.677 Trillion -.12%
  • ICI US Equity Weekly Net New Cash Flow -$.906 Billion
  • AAII % Bulls 35.8 +9.2%
  • AAII % Bears 27.7 -19.1%
Futures Spot Prices
  • CRB Index 193.20 -.12%
  • Crude Oil 53.95 +.11%
  • Reformulated Gasoline 159.35 +1.95%
  • Natural Gas 3.04 -.46%
  • Heating Oil 166.74 -.27%
  • Gold 1,232.40 +.9%
  • Bloomberg Base Metals Index 179.56 +1.80%
  • Copper 276.95 +5.95%
  • US No. 1 Heavy Melt Scrap Steel 279.33 USD/Ton unch.
  • China Iron Ore Spot 86.62 USD/Ton +5.39%
  • Lumber 369.90 +5.3%
  • UBS-Bloomberg Agriculture 1,203.15 +1.32%
Economy
  • Atlanta Fed GDPNow Forecast +2.7% -70.0 basis points
  • ECRI Weekly Leading Economic Index Growth Rate +11.8% unch.
  • Philly Fed ADS Real-Time Business Conditions Index .2173 -2.07%
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 132.55 +.14%
  • Citi US Economic Surprise Index 40.80 -4.5 points
  • Citi Eurozone Economic Surprise Index 51.80 -4.1 points
  • Citi Emerging Markets Economic Surprise Index 38.60 +.6 point
  • Fed Fund Futures imply 76.0% chance of no change 30.0% chance of 25 basis point hike on 3/15
  • US Dollar Index 100.65 +.96%
  • MSCI Emerging Markets Currency Index 1,550.87 -.02%
  • Euro/Yen Carry Return Index 125.91 -.75%
  • Yield Curve 122.0 -7.0 basis points
  • 10-Year US Treasury Yield 2.41% -8.0 basis points
  • Federal Reserve's Balance Sheet $4.418 Trillion +.05%
  • U.S. Sovereign Debt Credit Default Swap 27.73 -10.96%
  • Illinois Municipal Debt Credit Default Swap 404.0 -.05%
  • Western Europe Sovereign Debt Credit Default Swap Index 23.92 unch.
  • Asia Pacific Sovereign Debt Credit Default Swap Index 28.87 -7.3%
  • Emerging Markets Sovereign Debt CDS Index 69.58 -4.17%
  • Israel Sovereign Debt Credit Default Swap 67.26 -1.36%
  • Iraq Sovereign Debt Credit Default Swap 652.30 unch.
  • Russia Sovereign Debt Credit Default Swap 178.06 +1.16%
  • iBoxx Offshore RMB China Corporate High Yield Index 134.34 +.50%
  • 10-Year TIPS Spread 2.0% -4.0 basis points
  • TED Spread 50.0 -3.5 basis points
  • 2-Year Swap Spread 31.25 +.5 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap -26.0 +2.75 basis points
  • N. America Investment Grade Credit Default Swap Index 64.75 +1.0%
  • America Energy Sector High-Yield Credit Default Swap Index 375.0 +1.43%
  • European Financial Sector Credit Default Swap Index 93.85 +7.39%
  • Emerging Markets Credit Default Swap Index 230.20 +1.29%
  • CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 137.50 +2.5 basis points
  • M1 Money Supply $3.403 Trillion -.30%
  • Commercial Paper Outstanding 965.30 unch.
  • 4-Week Moving Average of Jobless Claims 244,250 -3,750
  • Continuing Claims Unemployment Rate 1.5% unch.
  • Average 30-Year Mortgage Rate 4.17% -2.0 basis points
  • Weekly Mortgage Applications 393.60 +2.31%
  • Bloomberg Consumer Comfort 47.2 +.6 point
  • Weekly Retail Sales +.7% +30.0 basis points
  • Nationwide Gas $2.27/gallon -.01/gallon
  • Baltic Dry Index 707.0 -5.98%
  • China (Export) Containerized Freight Index 877.89 n/a
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 40.0 unch.
  • Rail Freight Carloads 271,480 +.55%
Best Performing Style
  • Mid-Cap Growth +1.3%
Worst Performing Style
  • Small-CAp Value unch.
Leading Sectors
  • Steel +6.5%
  • Computer Hardware +3.1%
  • Gold & Silver +2.7%
  • Restaurants +2.4%
  • Computer Services +2.3%
Lagging Sectors
  • Energy -.3% 
  • HMOs -.4%
  • Telecom -.5%
  • Alt Energy -.6%
  • Oil Service -.8%
Weekly High-Volume Stock Gainers (40)
  • ESPR, AQMS, MDCO, CLF, FMI, LITE, COHR, ADES, PCYG, LPX, OSUR, HAS, ACOR, PAYC, MDSO, PCMI, FLT, THS, CALD, PRLB, PAHC, FGL, CSC, DATA, EEFT, HUBG, IMPV, TRHC, IXYS, PNRA, ATH, BLKB, HT, KFRC, DNKN, PFSI, CTT, BWLD, RPXC and KNSL
Weekly High-Volume Stock Losers (27)
  • SEE, FARM, DECK, RGS, AMC, ZG, USNA, GRUB, TWTR, AKAM, HAE, LMNX, SABR, LGIH, HLI, PE, YRCW, HBI, CHRS, ENSG, IRBT, MTRX, SNCR, DNB, SPSC, ACET and SCOR
Weekly Charts
ETFs
Stocks
*5-Day Change

Stocks Rising into Afternoon on Tax Reform Hopes, Economic Optimism, Oil Gain, Commodity/Homebuilding Sector Strength

Broad Equity Market Tone:
  • Advance/Decline Line: Substantially Higher
  • Sector Performance: Almost Every Sector Rising
  • Volume: Slightly Above Average
  • Market Leading Stocks: Performing In Line
Equity Investor Angst:
  • Volatility(VIX) 10.79 -.83%
  • Euro/Yen Carry Return Index 125.93 -.08%
  • Emerging Markets Currency Volatility(VXY) 10.19 +.79%
  • S&P 500 Implied Correlation 46.17 +1.1%
  • ISE Sentiment Index 82.0 +5.0%
  • Total Put/Call .93 unch.
  • NYSE Arms .97 +17.8%
Credit Investor Angst:
  • North American Investment Grade CDS Index 64.77 -1.14%
  • America Energy Sector High-Yield CDS Index 375.0 -1.28%
  • European Financial Sector CDS Index 94.25 +1.78%
  • Western Europe Sovereign Debt CDS Index 23.92 +.08%
  • Asia Pacific Sovereign Debt CDS Index 28.90 -1.48%
  • Emerging Market CDS Index 219.81 -2.09%
  • iBoxx Offshore RMB China Corporate High Yield Index 134.34 +.04%
  • 2-Year Swap Spread 31.25 +.25 basis point
  • TED Spread 50.0 -.5 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap -26.25 -.5 basis point
Economic Gauges:
  • Bloomberg Emerging Markets Currency Index 71.29 +.13%
  • 3-Month T-Bill Yield .53% +1.0 basis point
  • Yield Curve 122.0 unch.
  • China Import Iron Ore Spot $86.62/Metric Tonne +3.32%
  • Citi US Economic Surprise Index 40.80 -1.6 points
  • Citi Eurozone Economic Surprise Index 51.80 +3.7 points
  • Citi Emerging Markets Economic Surprise Index 38.60 +1.9 points
  • 10-Year TIPS Spread 2.02 +2.0 basis points
  • 47.1% chance of Fed rate hike at May 3 meeting, 72.5% chance at June 14 meeting
Overseas Futures:
  • Nikkei 225 Futures: Indicating +26 open in Japan 
  • China A50 Futures: Indicating +82 open in China
  • DAX Futures: Indicating +10 open in Germany
Portfolio: 
  • Higher: On gains in my in my retail/tech/biotech/medical sector longs 
  • Disclosed Trades: None
  • Market Exposure: 100% Net Long

Bear Radar

Style Underperformer:
  • Mid-Cap Growth +.20%
Sector Underperformers:
  • 1) Hospitals -.3% 2) Retail -.1% 3) HMOs unch.
Stocks Falling on Unusual Volume: 
  • UBNT, ECOM, YELP, CATM, APTI, FET, BFAM, CYBR, CARB, TWTR, CERN and CARA
Stocks With Unusual Put Option Activity:
  • 1) FOSL 2) P 3) YELP 4) LC 5) SUN
Stocks With Most Negative News Mentions:
  • 1) UBNT 2) TWTR 3) TDC 4) MTSC 5) CERN
Charts:

Bull Radar

Style Outperformer:
  • Small-Cap Growth +.5%
Sector Outperformers:
  • 1) Steel +2.6% 2) Oil Service +1.8% 3) Gold & Silver +1.5%
Stocks Rising on Unusual Volume:
  • MJN, SWIR, CTRL, INFN, ATVI, HDP, ICPT, RPD, SKX, ZLTQ, CRESY, CPSI, COLM, QUOT, PCMI, ACOR, TTS, TLND, PE, FMI, SRG, NCR, WEB, CBG, ELLI, CRAY, GBT, EGN, FCX, MDSO, IPG, P, ENTG, SCOR, WWE, ACOR and EA
Stocks With Unusual Call Option Activity:
  • 1) IMMU 2) SKX 3) MJN 4) ATVI 5) UNP
Stocks With Most Positive News Mentions:
  • 1) ATVI 2) COLM 3) HDP 4) INFN 5) MDSO
Charts: