Weekly Scoreboard*

S&P 500 Index 2,648.04 +.33%

 




The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 24,300.90 +.28%

• NASDAQ 6,837.73 +.07%

• Russell 2000 1,522.91 -.68%

• S&P 500 High Beta 41.90 +1.39%

• Goldman 50 Most Shorted 138.92 +1.0%

• Wilshire 5000 27,410.65 +.21%

• Russell 1000 Growth 1,340.84 +.45%

• Russell 1000 Value 1,209.06 +.16%

• S&P 500 Consumer Staples 579.91 +.34%

• Vanda Cyclicals-Defensives 1.4026 +.16%
  

• NYSE Technology 1,687.21 +.20%

• Transports 10,404.10 +2.38%

• Utilities 754.82 -1.49%

• Bloomberg European Bank/Financial Services 100.65 +2.79%

• MSCI Emerging Markets 45.73 -.51%

• HFRX Equity Hedge 1,244.14 -.92%

• HFRX Equity Market Neutral 1,009.69 -.14%

Sentiment/Internals

• NYSE Cumulative A/D Line 310,243 -.13%

• Bloomberg New Highs-Lows Index -9 -964

• Bloomberg Crude Oil % Bulls 28.89 +58.91%

• CFTC Oil Net Speculative Position 609,833 +5.68%

• CFTC Oil Total Open Interest 2,489,012 -.92%

• Total Put/Call .94 +22.1%

• OEX Put/Call 2.89 +188.7%

• ISE Sentiment 98.0 -5.45%

• NYSE Arms .59 -37.5%

• Volatility(VIX) 9.70 -15.84%

• S&P 500 Implied Correlation 36.81 -3.64%

• G7 Currency Volatility (VXY) 7.45 +.13% 

• Emerging Markets Currency Volatility (EM-VXY) 7.96 +1.14%

• Smart Money Flow Index 20,272.27 -1.51%

• ICI Money Mkt Mutual Fund Assets $2.807 Trillion +.3%

• ICI US Equity Weekly Net New Cash Flow -$4.507 Billion

• AAII % Bulls 36.9 +2.6%

• AAII % Bears 34.2 +8.2%

Futures Spot Prices

• CRB Index 185.02 -3.01%

• Crude Oil 57.32 -1.84%

• Reformulated Gasoline 171.66 -1.0%

• Natural Gas 2.77 -9.32%

• Heating Oil 192.92 -.39%

• Gold 1,250.20 -2.67%

• Bloomberg Base Metals Index 193.98 -2.71%

• Copper 297.70 -3.80%

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

• China Iron Ore Spot 502.0 CNY/100 Metric Tonnes -8.06%

• Lumber 427.20 -1.76%

• UBS-Bloomberg Agriculture 1,004.25 -2.88%

Economy

• Atlanta Fed GDPNow Forecast +2.9% -60.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate 2.9% +30.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index .2507 -5.5% 

• US Economic Policy Uncertainty Index 91.59 +10.76%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 144.63 +.17%

• Citi US Economic Surprise Index 65.2 +5.1 points

• Citi Eurozone Economic Surprise Index 60.10 -10.2 points

• Citi Emerging Markets Economic Surprise Index 8.7 +6.9 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 93.93 +1.12%

• MSCI Emerging Markets Currency Index 1,643.56 -.23%

• Euro/Yen Carry Return Index 139.18 +.05%

• Yield Curve 58.50 -1.5 basis points
  

• 10-Year US Treasury Yield 2.38% +2.0 basis points

• Federal Reserve's Balance Sheet $4.397 Trillion -.01%

• U.S. Sovereign Debt Credit Default Swap 23.77 -4.12%

• Illinois Municipal Debt Credit Default Swap 336.78 -.06%

• Western Europe Sovereign Debt Credit Default Swap Index 3.44 -1.15%

• Asia Pacific Sovereign Debt Credit Default Swap Index 14.23 +3.19%
  

• Emerging Markets Sovereign Debt CDS Index 43.05 -6.02%
  

• Israel Sovereign Debt Credit Default Swap 58.21 +2.96%

• South Korea Sovereign Debt Credit Default Swap 57.27 -1.42%

• Russia Sovereign Debt Credit Default Swap 130.21 -2.50%

• iBoxx Offshore RMB China Corporate High Yield Index 145.89 +.20%

• 10-Year TIPS Spread 1.90% +2.0 basis points

• TED Spread 26.0 +3.0 basis points

• 2-Year Swap Spread 19.5 +1.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -60.75  -13.0 basis points

• N. America Investment Grade Credit Default Swap Index 51.10 -1.33%

• America Energy Sector High-Yield Credit Default Swap Index 373.0 +.82%

• European Financial Sector Credit Default Swap Index 45.85 -3.21%
  

• Emerging Markets Credit Default Swap Index 177.42 -2.11%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 160.0 unch.
  

• M1 Money Supply $3.639 Trillion +.13%

• Commercial Paper Outstanding 1,052.70 +.9%

• 4-Week Moving Average of Jobless Claims 241,500 -750

• Continuing Claims Unemployment Rate 1.4% unch.
  

• Average 30-Year Mortgage Rate 3.94% +4.0 basis points

• Weekly Mortgage Applications 408.30 +4.69%

• Bloomberg Consumer Comfort 52.3 +.7 point

• Weekly Retail Sales +3.0% -50.0 basis points

• Nationwide Gas $2.47/gallon -.02/gallon

• Baltic Dry Index 1,679 +3.26%

• China (Export) Containerized Freight Index 763.14 -1.25%

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

• Rail Freight Carloads 292,443 +25.36%

Best Performing Style

• Large-Cap Growth +.5%

Worst Performing Style

• Small-Cap Value -1.0%

Leading Sectors

• Retail +3.2%

• Road & Rail +2.7%

• Airlines +2.5%

• Steel +2.1%

• Educaiton +2.0%

Lagging Sectors

• Medical Equipment -1.6% 

• Shipping -2.4%

• Oil Service -2.6%

• Telecom -2.7%

• Gold & Silver -3.6%

Weekly High-Volume Stock Gainers (21)

• MDGL, ENTL, BGC, VRA, LE, SCMP, AVAV, GEF, TITN, RVNC, AMWD, FMI, MGLN, NCS, GIII, RGC, FSLR, KLXI, AMBA, HOME and OXM

Weekly High-Volume Stock Losers (21)

• NYT, GRBK, BL, HOFT, TOL, VIVO, COUP, GCO, HQY, VEEV, VRNT, QRVO, EIX, TMST, TROX, EGBN, DLTH, TRHC, AGX, OSIS and IDT

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Rising into Final Hour on Economic Optimism, Oil Gain, Yen Weakness, Biotech/Retail Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: Higher
  

• Sector Performance: Almost Every Sector Rising
  

• Volume: Below Average

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 9.65 -5.0%

• Euro/Yen Carry Return Index 139.23 +.34%

• Emerging Markets Currency Volatility(VXY) 7.96 -1.5%

• S&P 500 Implied Correlation 36.82 -.24%

• ISE Sentiment Index 104.0 -25.71%
  

• Total Put/Call .93 +12.0%

• NYSE Arms .60 -33.42%

Credit Investor Angst:

• North American Investment Grade CDS Index 51.06 -1.16%
  

• America Energy Sector High-Yield CDS Index 373.0 +.39%

• European Financial Sector CDS Index 46.58 -2.05%

• Western Europe Sovereign Debt CDS Index 3.44 -4.44%

• Asia Pacific Sovereign Debt CDS Index 14.23 -.07%

• Emerging Market CDS Index 176.92 -.96%
  

• iBoxx Offshore RMB China Corporate High Yield Index 145.89 +.1%

• 2-Year Swap Spread 19.5 +.5 basis point

• TED Spread 26.0 +2.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -60.75 +2.25 basis points

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 72.99 +.11%
• 3-Month T-Bill Yield 1.28% unch.
  

• Yield Curve 58.5 +2.25 basis points

• China Iron Ore Spot 502.0 CNY/100 Metric Tonnes +1.93%

• Citi US Economic Surprise Index 65.20 +2.0 points

• Citi Eurozone Economic Surprise Index 60.10 +.7 basis point

• Citi Emerging Markets Economic Surprise Index 8.70 +6.4 points

• 10-Year TIPS Spread 1.90 +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 +84 open in Japan 
• China A50 Futures: Indicating +35 open in China

• DAX Futures: Indicating +17 open in Germany

Portfolio: 

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

• Disclosed Trades: None

• Market Exposure: 100% Net Long