Weekly Scoreboard*

Indices

• S&P 500 2,431.77 -.30%

• DJIA 21,271.97 +.31%

• NASDAQ 6,207.92 -1.55%

• Russell 2000 1,421.71 +1.16%

• S&P 500 High Beta 37.24 +1.39%

• Goldman 50 Most Shorted 130.87 +1.20%

• Wilshire 5000 25,197.43 -.24%

• Russell 1000 Growth 1,198.60 -1.30%

• Russell 1000 Value 1,141.20 +.69%

• S&P 500 Consumer Staples 581.46 -1.08%

• Vanda Cyclicals-Defensives 1.32 -.41%
  

• Morgan Stanley Technology 1,476.47 -2.0%

• Transports 9,259.32 -.04%

• Utilities 724.85 -1.06%

• Bloomberg European Bank/Financial Services 99.93 +2.12%

• MSCI Emerging Markets 41.72 +.05%

• HFRX Equity Hedge 1,194.17 -.21%

• HFRX Equity Market Neutral 992.98 +.13%

Sentiment/Internals

• NYSE Cumulative A/D Line 292,152 +.03%

• Bloomberg New Highs-Lows Index 336 -508

• Bloomberg Crude Oil % Bulls 48.72 +21.8%

• CFTC Oil Net Speculative Position 373,755 +.21%

• CFTC Oil Total Open Interest 2,198,081 -.59%

• Total Put/Call 1.06 +32.5%

• OEX Put/Call .53 -84.81%

• ISE Sentiment 83.0 -13.54%

• NYSE Arms .83 -49.7%

• Volatility(VIX) 10.70 +9.74%

• S&P 500 Implied Correlation 38.19 +4.15%

• G7 Currency Volatility (VXY) 7.21 -3.99%

• Emerging Markets Currency Volatility (EM-VXY) 7.83 -4.40%

• Smart Money Flow Index 19,671.65 -.15%

• ICI Money Mkt Mutual Fund Assets $2.659 Trillion +.21%

• ICI US Equity Weekly Net New Cash Flow -$3.168 Billion

• AAII % Bulls 35.4 +31.6%

• AAII % Bears 29.5 -6.4%

Futures Spot Prices

• CRB Index 176.76 -.67%

• Crude Oil 45.83 -4.0%

• Reformulated Gasoline 150.17 -4.54%

• Natural Gas 3.04 +1.19%

• Heating Oil 143.12 -3.51%

• Gold 1,271.40 +.79%

• Bloomberg Base Metals Index 171.95 +.80%

• Copper 264.95 +2.83%

• US No. 1 Heavy Melt Scrap Steel 266.67 USD/Ton unch.

• China Iron Ore Spot 54.41 USD/Ton -5.85%

• Lumber 364.40 +3.03%

• UBS-Bloomberg Agriculture 1,064.07  +2.51%

Economy

• Atlanta Fed GDPNow Forecast +3.4 unch.

• ECRI Weekly Leading Economic Index Growth Rate +4.2% -40.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index .0819 +1.74% 

• US Economic Policy Uncertainty Index 67.25 -47.58%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 137.32 +.20%

• Citi US Economic Surprise Index -43.40 -2.5 points

• Citi Eurozone Economic Surprise Index 39.10 -4.5 points

• Citi Emerging Markets Economic Surprise Index 6.90 -3.8 points

• Fed Fund Futures imply 0.0% chance of no change 100.0% chance of 25 basis point hike on 6/14

• US Dollar Index 97.25 +.63%

• MSCI Emerging Markets Currency Index 1,604.18 +.08%

• Euro/Yen Carry Return Index 129.0 -.72%

• Yield Curve 87.0 -1.0 basis point

• 10-Year US Treasury Yield 2.21% +5.0 basis points

• Federal Reserve's Balance Sheet $4.423 Trillion +.07%

• U.S. Sovereign Debt Credit Default Swap 22.53 +3.49%

• Illinois Municipal Debt Credit Default Swap 392.0 -.06%

• Western Europe Sovereign Debt Credit Default Swap Index 7.54 -3.4%

• Asia Pacific Sovereign Debt Credit Default Swap Index 17.78 -6.86%
  

• Emerging Markets Sovereign Debt CDS Index 49.69 +14.33%
  

• Israel Sovereign Debt Credit Default Swap 69.58 +5.2%

• South Korea Sovereign Debt Credit Default Swap 52.23 -4.95%

• Russia Sovereign Debt Credit Default Swap 157.56 +4.22%

• iBoxx Offshore RMB China Corporate High Yield Index 138.86 -.14%

• 10-Year TIPS Spread 1.81% -1.0 basis point

• TED Spread 22.75 -2.0 basis points

• 2-Year Swap Spread 20.75 -1.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -33.75 -2.5 basis points

• N. America Investment Grade Credit Default Swap Index 60.03 unch.

• America Energy Sector High-Yield Credit Default Swap Index 421.0 +11.0%

• European Financial Sector Credit Default Swap Index 70.35 -7.37%
  

• Emerging Markets Credit Default Swap Index 194.42 +1.29%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 145.0 unch.
  

• M1 Money Supply $3.521 Trillion -.51%

• Commercial Paper Outstanding 996.90 +.3%

• 4-Week Moving Average of Jobless Claims 242,000 +4,000

• Continuing Claims Unemployment Rate 1.4% unch.
  

• Average 30-Year Mortgage Rate 3.89% -5.0 basis points

• Weekly Mortgage Applications 430.60 +7.06%

• Bloomberg Consumer Comfort 49.90 -1.3 points

• Weekly Retail Sales +2.5% +60.0 basis points

• Nationwide Gas $2.35/gallon -.03/gallon

• Baltic Dry Index 850.0 -7.41%

• China (Export) Containerized Freight Index 841.59 +.18%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 25.0 unch.

• Rail Freight Carloads 247,339 -12.15%

Best Performing Style

•  Small-Cap Value +2.6%

Worst Performing Style

•  Large-Cap Growth -.8%

Leading Sectors

• Banks +5.0%

• I-Banks +3.8%

• Steel +2.8%

• Airlines +2.2%

• Alt Energy +2.1%

Lagging Sectors

• Utilities -1.6% 

• Road & Rail -1.7%

• Restaurants -2.2%

• Oil Tankers -2.4%

• Software -2.4%

Weekly High-Volume Stock Gainers (23)

• WINS, LOXO, CVNA, BLUE, GIII, HOME, CMTL, HQY, FOR, NAV, MYE, IXYS, THO, CACQ, SCLN, TGTX, YHOO, AMRI, CONN, OKTA, OXM, IRTC and PLAY

Weekly High-Volume Stock Losers (20)

• CASY, CDZI, RPD, BOX, VMW, AMBA, UPLD, MIK, TAP, LE, CKH, RH, FRAN, IVC, YEXT, DLTH, SEMG, IDT, FRED, HDS,

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Reversing Lower into Final Hour on Profit-Taking, Technical Selling, More Shorting, Tech/Gaming Sector Weakness

Broad Equity Market Tone:

• Advance/Decline Line: Lower
  

• Sector Performance: Mixed
  

• Volume: Above Average

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 10.55 +3.94%

• Euro/Yen Carry Return Index 128.93 +.11%

• Emerging Markets Currency Volatility(VXY) 7.84 -1.75%

• S&P 500 Implied Correlation 37.98 -1.49%

• ISE Sentiment Index 81.0 +5.19%
  

• Total Put/Call .99 +43.48%

• NYSE Arms .91 -32.27%

Credit Investor Angst:

• North American Investment Grade CDS Index 60.20 -1.57%
  

• America Energy Sector High-Yield CDS Index 421.0 +1.42%

• European Financial Sector CDS Index 65.52 -1.55%

• Western Europe Sovereign Debt CDS Index 7.54 -3.4%

• Asia Pacific Sovereign Debt CDS Index 17.78 -2.28%

• Emerging Market CDS Index 194.05 -.75%
  

• iBoxx Offshore RMB China Corporate High Yield Index 138.86 +.14%

• 2-Year Swap Spread 20.75 -.5 basis point

• TED Spread 22.75 -.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -33.5 -.5 basis point

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 73.30 +.04%
• 3-Month T-Bill Yield 1.0% +1.0 basis point
  

• Yield Curve 87.0 unch.
  

• China Import Iron Ore Spot $54.41/Metric Tonne -1.72%

• Citi US Economic Surprise Index -43.40 -.2 point

• Citi Eurozone Economic Surprise Index 39.10 -.4 point

• Citi Emerging Markets Economic Surprise Index 6.90 -4.1 points

• 10-Year TIPS Spread 1.80 unch.
  
• 95.7% chance of Fed rate hike at July 26 meeting, 96.9% chance at Sept. 20 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating -23 open in Japan 
• China A50 Futures: Indicating -30 open in China

• DAX Futures: Indicating -53 open in Germany

Portfolio: 

• Lower: On losses in my medical/tech sector longs 

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

• Market Exposure: Moved to 50% Net Long

Bear Radar

Style Underperformer:

• Large-Cap Growth-.2%

Sector Underperformers:

• 1) Semis -3.1% 2) Software -1.9% 3) Gaming -1.8%

Stocks Falling on Unusual Volume: 

• CLDR, EPZM, MZOR, ENDP, SWIR, ATU, BZUN, TLRD, NVDA, UCTT, HDP and HNI

Stocks With Unusual Put Option Activity:

• 1) AXDX 2) WTW 3) ZION 4) AVP 5) VLO

Stocks With Most Negative News Mentions:

• 1) RAD 2) TOO 3) TK 4) CLDR 5) ENDP

Charts:

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