Weekly Scoreboard*

S&P 500 2,602.42 +.65%

The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 23,557.99 +.43%

• NASDAQ 6,889.16 +1.41%

• Russell 2000 1,519.16 +2.17%

• S&P 500 High Beta 40.65 +1.20%

• Goldman 50 Most Shorted 134.56 +3.32%

• Wilshire 5000 26,990.54 +.87%

• Russell 1000 Growth 1,332.69 +1.11%

• Russell 1000 Value 1,177.13 +.40%

• S&P 500 Consumer Staples 564.25 +1.0%

• Vanda Cyclicals-Defensives 1.3907 +1.77%
  

• NYSE Technology 1,743.42 +2.06%

• Transports 9,620.20 +.28%

• Utilities 759.07 -.67%

• Bloomberg European Bank/Financial Services 98.25 +.53%

• MSCI Emerging Markets 47.51 +2.43%

• HFRX Equity Hedge 1,251.90 +.65%

• HFRX Equity Market Neutral 1,013.05 +.37%

Sentiment/Internals

• NYSE Cumulative A/D Line 309,279 +1.41%

• Bloomberg New Highs-Lows Index 711 +400

• Bloomberg Crude Oil % Bulls 47.50 +241.97%

• CFTC Oil Net Speculative Position 596,466 +9.40%

• CFTC Oil Total Open Interest 2,627,570 +.98%

• Total Put/Call .85 +7.59%

• OEX Put/Call 5.25 +600.0%

• ISE Sentiment 125.0 +27.6%

• NYSE Arms 1.07 -8.55%

• Volatility(VIX) 9.67 -17.77%

• S&P 500 Implied Correlation 16.28 -5.23%

• G7 Currency Volatility (VXY) 7.23 -2.3%

• Emerging Markets Currency Volatility (EM-VXY) 7.95 -1.26%

• Smart Money Flow Index 20,227.11 +.04%

• ICI Money Mkt Mutual Fund Assets $2.739 Trillion -.05%

• ICI US Equity Weekly Net New Cash Flow -$6.547Billion

• AAII % Bulls 35.5 +20.9%

• AAII % Bears 29.0 -17.6%

Futures Spot Prices

• CRB Index 192.22 +2.11%

• Crude Oil 58.95 +6.68%

• Reformulated Gasoline 178.80 +4.0%

• Natural Gas 2.81 -7.98%

• Heating Oil 195.29 +2.44%

• Gold 1,287.30 +.69%

• Bloomberg Base Metals Index 205.09 +2.72%

• Copper 316.90 +3.82%

• US No. 1 Heavy Melt Scrap Steel 258.33 USD/Metric Tonne unch.

• China Iron Ore Spot 67.94 USD/Ton +8.51%

• Lumber 420.70 -6.11%

• UBS-Bloomberg Agriculture 1,037.24 +1.0%

Economy

• Atlanta Fed GDPNow Forecast +3.4% unch.

• ECRI Weekly Leading Economic Index Growth Rate 2.6% -10.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index .4604 -4.22% 

• US Economic Policy Uncertainty Index 66.97 -44.4%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 143.63 n/a

• Citi US Economic Surprise Index 50.6 -5.4 points

• Citi Eurozone Economic Surprise Index 92.90 +37.0 points

• Citi Emerging Markets Economic Surprise Index 12.8-1.7 points

• Fed Fund Futures imply 0.0% chance of no change, 100.0% chance of 25 basis point hike on 12/13

• US Dollar Index 92.76 -.97%

• MSCI Emerging Markets Currency Index 1,647.78 +.86%

• Euro/Yen Carry Return Index 138.73 +.70%

• Yield Curve 60.0 -2.0 basis points
  

• 10-Year US Treasury Yield 2.34% unch.

• Federal Reserve's Balance Sheet $4.409 Trillion -.24%

• U.S. Sovereign Debt Credit Default Swap 24.79 +.02%

• Illinois Municipal Debt Credit Default Swap 337.12 -.05%

• Western Europe Sovereign Debt Credit Default Swap Index 3.67 -6.38%

• Asia Pacific Sovereign Debt Credit Default Swap Index 14.94 -5.79%
  

• Emerging Markets Sovereign Debt CDS Index 48.2 -1.0%
  

• Israel Sovereign Debt Credit Default Swap 56.95 -3.06%

• South Korea Sovereign Debt Credit Default Swap 63.40 -3.39%

• Russia Sovereign Debt Credit Default Swap 130.98 -2.60%

• iBoxx Offshore RMB China Corporate High Yield Index 145.66 +.22%

• 10-Year TIPS Spread 1.87% -1.0 basis point

• TED Spread 20.25 +2.0 basis points

• 2-Year Swap Spread 17.25 +.75 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -45.25  +2.75 basis points

• N. America Investment Grade Credit Default Swap Index 52.50 -4.96%

• America Energy Sector High-Yield Credit Default Swap Index 370.0 -2.73%

• European Financial Sector Credit Default Swap Index 47.62 -7.18%
  

• Emerging Markets Credit Default Swap Index 181.92 -1.44%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 157.0 +2.0 basis points
  

• M1 Money Supply $3.566 Trillion -.43%

• Commercial Paper Outstanding 1,028.60 -.4%

• 4-Week Moving Average of Jobless Claims 239,750 +2,000

• Continuing Claims Unemployment Rate 1.4% +10.0 basis points
  

• Average 30-Year Mortgage Rate 3.92% -3.0 basis points

• Weekly Mortgage Applications 402.30 +.15%

• Bloomberg Consumer Comfort 51.7 -.4 point

• Weekly Retail Sales +3.0% +50.0 basis points

• Nationwide Gas $2.52/gallon -4.0 basis points

• Baltic Dry Index 1,445 +5.40%

• China (Export) Containerized Freight Index 785.20 -1.17%

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

• Rail Freight Carloads 287,139 +1.03%

Best Performing Style

• Small-Cap Growth +2.4%

Worst Performing Style

• Large-Cap Value +.4%

Leading Sectors

• Steel +7.2%

• Disk Drives +6.3%

• Homebuilding +4.4%

• Social Media +4.2%

• Robotics +4.1%

Lagging Sectors

• Banks -.2% 

• Restaurants -.2%

• Insurance -.3%

• Papers -.3%

• Utilities -.7%

Weekly High-Volume Stock Gainers (35)

• SGH, SCVL, HIBB, ANF, TIME, FL, MRTX, SPLK, NTAP, AFAM, SQ, DY, EZPW, CTRN, CUB, CAVM, URBN, GDI, JELD, CORI, MODN, UPLD, PANW, SD, PDFS, GME, BECN, PSDO, WMT, ETM, CAL, ACM, IVR, TCMD and FND

Weekly High-Volume Stock Losers (6)

• GES, CBRL, WSM, DPLO, MPMQ and SIG

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Close Modestly Higher on Economic Optimism, Oil Gain, Seasonality, Tech/Homebuilding Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: Around Even
  

• Sector Performance: Most Sectors Rising
  

• Volume: Light

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 9.78 -1.0%

• Euro/Yen Carry Return Index 138.76 +.99%

• Emerging Markets Currency Volatility(VXY) 7.80 unch.

• S&P 500 Implied Correlation 16.28 unch.

• ISE Sentiment Index 118.0 +18.0%
  

• Total Put/Call .82 -10.9%

• NYSE Arms .85 -10.6%

Credit Investor Angst:

• North American Investment Grade CDS Index 52.44 -.32%
  

• America Energy Sector High-Yield CDS Index 370.0 -.41%

• European Financial Sector CDS Index 47.48 -1.36%

• Western Europe Sovereign Debt CDS Index 3.71 -1.85%

• Asia Pacific Sovereign Debt CDS Index 14.95 -3.11%

• Emerging Market CDS Index 180.64 -1.12%
  

• iBoxx Offshore RMB China Corporate High Yield Index 145.66 +.08%

• 2-Year Swap Spread 17.5 unch.

• TED Spread 19.75 +3.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -45.25 +1.0 basis point

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 73.39 +.10%
• 3-Month T-Bill Yield 1.26% -3.0 basis points
  

• Yield Curve 59.5 unch.

• China Import Iron Ore Spot $67.94/Metric Tonne +.37%

• Citi US Economic Surprise Index 50.60 -5.1 points

• Citi Eurozone Economic Surprise Index 92.90 +2.0 basis points

• Citi Emerging Markets Economic Surprise Index 12.80 -1.4 points

• 10-Year TIPS Spread 1.87 -1.0 basis point
  
• 100.0% chance of Fed rate hike at Jan. 31 meeting, 100.0% chance at March 21 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +120 open in Japan 
• China A50 Futures: Indicating +13 open in China

• DAX Futures: Indicating +7 open in Germany

Portfolio: 

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

• Disclosed Trades: None

• Market Exposure: 100% Net Long