Weekly Scoreboard*

S&P 500 2,573.70 +.86%

The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 23,295.30 +1.88%

• NASDAQ 6,631.88 +.44%

• Russell 2000 1,510.06 +.56%

• S&P 500 High Beta 40.55 +1.17%

• Goldman 50 Most Shorted 136.69 -.24%

• Wilshire 5000 26,682.10 +.77%

• Russell 1000 Growth 1,293.42 +.86%

• Russell 1000 Value 1,185.97 +.82%

• S&P 500 Consumer Staples 554.08 -1.38%

• Vanda Cyclicals-Defensives 1.3752 +.64%
  

• NYSE Technology 1,648.18 +1.46%

• Transports 9,971.18 +.42%

• Utilities 747.12 +1.33%

• Bloomberg European Bank/Financial Services 101.70 +1.1%

• MSCI Emerging Markets 46.12 -.57%

• HFRX Equity Hedge 1,245.06 -.12%

• HFRX Equity Market Neutral 1,011.02 +.03%

Sentiment/Internals

• NYSE Cumulative A/D Line 308,466 +.07%

• Bloomberg New Highs-Lows Index 234 -490

• Bloomberg Crude Oil % Bulls 37.50 -29.68%

• CFTC Oil Net Speculative Position 417,061 -6.13%

• CFTC Oil Total Open Interest 2,437,479 -1.37%

• Total Put/Call .79 -7.06%

• OEX Put/Call 1.25 -42.92%

• ISE Sentiment 129.0 +19.4%

• NYSE Arms .87 -23.0%

• Volatility(VIX) 9.84 +2.39%

• S&P 500 Implied Correlation 14.40 -4.1%

• G7 Currency Volatility (VXY) 7.71 unch.

• Emerging Markets Currency Volatility (EM-VXY) 8.07 -1.11%

• Smart Money Flow Index 20,102.74 +.91%

• ICI Money Mkt Mutual Fund Assets $2.744 Trillion +.11%

• ICI US Equity Weekly Net New Cash Flow -$9.792 Billion

• AAII % Bulls 37.9 -4.6%

• AAII % Bears 27.9 +3.8%

Futures Spot Prices

• CRB Index 183.92 -.48%

• Crude Oil 51.46 +.14%

• Reformulated Gasoline 166.75 +2.74%

• Natural Gas 2.91 -4.1%

• Heating Oil 179.48 +.47%

• Gold 1,281.30.20 -1.72%

• Bloomberg Base Metals Index 206.74 +.58%

• Copper 316.55 +.48%

• US No. 1 Heavy Melt Scrap Steel 258.33 USD/Metric Tonne-10.4%

• China Iron Ore Spot 62.46 USD/Ton +2.6%

• Lumber 427.20 +.21%

• UBS-Bloomberg Agriculture 1,017.96 -1.59%

Economy

• Atlanta Fed GDPNow Forecast +2.7 unch.

• ECRI Weekly Leading Economic Index Growth Rate 2.3% +110.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index -.1287 +15.4% 

• US Economic Policy Uncertainty Index 126.8 +130.97%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 142.10 +.31%

• Citi US Economic Surprise Index 1.5 -2.4 points

• Citi Eurozone Economic Surprise Index 54.1 -1.6 points

• Citi Emerging Markets Economic Surprise Index 17.20 -5.1 points

• Fed Fund Futures imply 85.5% chance of no change, 14.5% chance of 25 basis point hike on 11/1

• US Dollar Index 93.66 +.60%

• MSCI Emerging Markets Currency Index 1,631.93 -.36%

• Euro/Yen Carry Return Index 139.37 +1.13%

• Yield Curve 81.0 +3.0 basis points
  

• 10-Year US Treasury Yield 2.38% +11.0 basis points

• Federal Reserve's Balance Sheet $4.430 Trillion +.24%

• U.S. Sovereign Debt Credit Default Swap 24.78 +.02%

• Illinois Municipal Debt Credit Default Swap 337.97 -.05%

• Western Europe Sovereign Debt Credit Default Swap Index 4.66 -6.77%

• Asia Pacific Sovereign Debt Credit Default Swap Index 15.58 -3.17%
  

• Emerging Markets Sovereign Debt CDS Index 39.56 +2.41%
  

• Israel Sovereign Debt Credit Default Swap 48.85 -4.16%

• South Korea Sovereign Debt Credit Default Swap 69.21 +1.25%

• Russia Sovereign Debt Credit Default Swap 130.64 -.11%

• iBoxx Offshore RMB China Corporate High Yield Index 144.62 +1.63%

• 10-Year TIPS Spread 1.88% +2.0 basis points

• TED Spread 26.5 -2.25 basis points

• 2-Year Swap Spread 24.25 -1.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -40.75 +.25 basis point

• N. America Investment Grade Credit Default Swap Index 52.57 -.35%

• America Energy Sector High-Yield Credit Default Swap Index 384.0 -2.2%

• European Financial Sector Credit Default Swap Index 59.06 +.38%
  

• Emerging Markets Credit Default Swap Index 172.63 -2.38%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 155.0 unch.
  

• M1 Money Supply $3.591 Trillion +1.39%

• Commercial Paper Outstanding 1,061.80 -.2%

• 4-Week Moving Average of Jobless Claims 248,250 -9,250

• Continuing Claims Unemployment Rate 1.3% unch.
  

• Average 30-Year Mortgage Rate 3.88% -3.0 basis points

• Weekly Mortgage Applications 419.70 +3.58%

• Bloomberg Consumer Comfort 51.10 +1.6 points

• Weekly Retail Sales +3.4% +20.0 basis pointss

• Nationwide Gas $2.46/gallon -.o2/gallon

• Baltic Dry Index 1,582.0 +6.53%

• China (Export) Containerized Freight Index 772.27 -.05%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.50 unch.

• Rail Freight Carloads 284,103 -.49%

Best Performing Style

• Mid-Cap Growth +.9 %

Worst Performing Style

• Mid-Cap Value +.4 %

Leading Sectors

• Computer Servies +4.6%

• Healthcare Providers +4.6%

• Homebuilders +4.0%

• Medical Equipment +2.2%

• Gaming +2.0%

Lagging Sectors

• Airlines -1.6% 

• Social Media -1.9%

• Gold & Silver -2.5%

• Tobacco -2.6%

• Oil Service -4.5%

Weekly High-Volume Stock Gainers (15)

• SPPI, SYNT, RXDX, CREE, GWW, SPAR, EXEL, CNCE, IBM, ANIP, TERP, NMIH, ACLS, NSM and SCSS

Weekly High-Volume Stock Losers (12)

• SJI, TCAP, AGN, GCP, SSYS, OSUR, PCG, DFRG, MTSI, TWNK, BMI and SVU

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Surging into Final Hour on Tax Reform Hopes, Fed Chair Appointment Optimism, Earnings Outlooks, Financial/Tech Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: Substantially Higher
  

• Sector Performance: Most Sectors Rising
  

• Volume: Above Average

• Market Leading Stocks: Outperforming
  

Equity Investor Angst:

• Volatility(VIX) 9.79 -2.59%

• Euro/Yen Carry Return Index 139.38 +.23%

• Emerging Markets Currency Volatility(VXY) 8.07 +.75%

• S&P 500 Implied Correlation 14.70 -3.86%

• ISE Sentiment Index 130.0 +120.34%
  

• Total Put/Call .78 -21.21%

• NYSE Arms 1.05 +15.90%

Credit Investor Angst:

• North American Investment Grade CDS Index 52.36 -2.11%
  

• America Energy Sector High-Yield CDS Index 384.0 -1.68%

• European Financial Sector CDS Index 58.76 -3.28%

• Western Europe Sovereign Debt CDS Index 4.67 -6.04%

• Asia Pacific Sovereign Debt CDS Index 15.58 -1.45%

• Emerging Market CDS Index 172.95 +.32%
  

• iBoxx Offshore RMB China Corporate High Yield Index 144.62 +.02%

• 2-Year Swap Spread 24.25 unch.

• TED Spread 26.5 -1.0 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -41.0 -.5 basis point

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 73.51 -.44%
• 3-Month T-Bill Yield 1.10% +1.0 basis point
  

• Yield Curve 80.0 +3.0 basis points

• China Import Iron Ore Spot $62.46/Metric Tonne +2.6%

• Citi US Economic Surprise Index 1.5 -.3 point

• Citi Eurozone Economic Surprise Index 54.10 +.2 basis point

• Citi Emerging Markets Economic Surprise Index 17.20 -.4 basis point

• 10-Year TIPS Spread 1.88 +4.0 basis points
  
• 84.2% chance of Fed rate hike at Dec. 13 meeting, 84.8% chance at Jan. 31 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +142 open in Japan 
• China A50 Futures: Indicating +10 open in China

• DAX Futures: Indicating -4 open in Germany

Portfolio: 

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

• Disclosed Trades: None

• Market Exposure: 100% Net Long

Bear Radar

Style Underperformer:

• Large-Cap Value +.4%

Sector Underperformers:

• 1) Biotech -1.0% 2) Gold & Silver -.5% 3) REITs -.4%

Stocks Falling on Unusual Volume: 

• TACO, SE, NCR, AAXN, IBKC, CELG, SVU, LHO, GNTX, HOMB, DBD, RXDX and GOV

Stocks With Unusual Put Option Activity:

• 1) HOLX 2) CBS 3) CELG 4) IPG 5) KMB

Stocks With Most Negative News Mentions:

• 1) DRRX 2) NCR 3) TACO 4) CELG 5) AAXN

Charts:

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

Bull Radar

Style Outperformer:

• Small-Cap Growth +.8%

Sector Outperformers:

• 1) Healthcare Providers +1.6% 2) Computer Hardware +1.6% 3) Banks +1.5%

Stocks Rising on Unusual Volume:

• QURE, SKX, TEAM, YIN, ATHN, JP, TUSK, GDS, PYPL, LFC, SSYS, CAI, KALV, DQ, OSTK, PFPT, LKFN, CBS, CLW, AMX, MXIM, LPL, ISRG, CROX, UHAL, TRTN, SCSS, NAV, SBNY, OSTK, DOV, SYF, HAWK, WAL, HXL and MXIM

Stocks With Unusual Call Option Activity:

• 1) PRU 2) UNP 3) DO 4) BG 5) ISRG

Stocks With Most Positive News Mentions:

• 1) NVR 2) LULU 3) SSYS 4) MXIM 5) PYPL

Charts:

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