Weekly Scoreboard*

S&P 500 Index 2,682.96 +.27%

 
























The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 24,749.6 +.35%

• NASDAQ 6,959.32 +.32%

• Russell 2000 1,544.14 +.98%

• S&P 500 High Beta 42.64 +1.69%

• Goldman 50 Most Shorted 142.77 +1.75%

• Wilshire 5000 27,761.4 +.39%

• Russell 1000 Growth 1,358.0 +.04%

• Russell 1000 Value 1,225.56 +.67%

• S&P 500 Consumer Staples 587.06 -.16%

• Vanda Cyclicals-Defensives 1.4215 +.15%
  

• NYSE Technology 1,718.50 +.13%

• Transports 10,669.0 +2.69%

• Utilities 721.28 -4.14%

• Bloomberg European Bank/Financial Services 100.61 +.75%

• MSCI Emerging Markets 46.26 +.32%

• HFRX Equity Hedge 1,262.08 +.61%

• HFRX Equity Market Neutral 1,003.08 -.09%

Sentiment/Internals

• NYSE Cumulative A/D Line 312,228 +.68%

• Bloomberg New Highs-Lows Index 424 +269

• Bloomberg Crude Oil % Bulls 55.6 +46.8%

• CFTC Oil Net Speculative Position 614,497 +.55%

• CFTC Oil Total Open Interest 2,571,686 +.68%

• Total Put/Call .89 -6.12%

• OEX Put/Call 18.3 -79.1%

• ISE Sentiment 52.0 -41.2%

• NYSE Arms 1.07 +75.0%

• Volatility(VIX) 10.04 +5.95%

• S&P 500 Implied Correlation 37.97 +3.3%

• G7 Currency Volatility (VXY) 6.94 -1.42% 

• Emerging Markets Currency Volatility (EM-VXY) 7.90 +4.1%

• Smart Money Flow Index 20,116.14 -.53%

• ICI Money Mkt Mutual Fund Assets $2.820 Trillion -.74%

• ICI US Equity Weekly Net New Cash Flow -$13.292 Billion

• AAII % Bulls 50.50 +12.2%

• AAII % Bears 25.6 -8.9%

Futures Spot Prices

• CRB Index 187.88 +1.82%

• Crude Oil 58.28 +1.69%

• Reformulated Gasoline 175.15 +5.89%

• Natural Gas 2.67 +1.26%

• Heating Oil 196.42 +3.21%

• Gold 1,279.0 +1.61%

• Bloomberg Base Metals Index 206.12 +3.66%

• Copper 324.15 +3.27%

• US No. 1 Heavy Melt Scrap Steel 290.0 USD/Metric Tonne +9.6%

• China Iron Ore Spot 516.50 CNY/100 Metric Tonnes +.19%

• Lumber 450.60 +3.71%

• UBS-Bloomberg Agriculture 1,001.49 -1.45%

Economy

• Atlanta Fed GDPNow Forecast +2.8% -50.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate 3.4% -10.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index .1706 -10.4% 

• US Economic Policy Uncertainty Index 93.89 -33.4%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 145.90 +.60%

• Citi US Economic Surprise Index 84.5 +12.3 points

• Citi Eurozone Economic Surprise Index 56.50 -13.8 points

• Citi Emerging Markets Economic Surprise Index -.2 -.7 point

• Fed Fund Futures imply 86.0% chance of no change, 14.0% chance of 25 basis point hike on 1/31

• US Dollar Index 93.35 -.60%

• MSCI Emerging Markets Currency Index 1,660.90 +.60%

• Bitcoin/USD 12,982.20 -26.5%

• Euro/Yen Carry Return Index 139.93 +1.51%

• Yield Curve 59.0 +6.75 basis points
  

• 10-Year US Treasury Yield 2.48% +9.0 basis points

• Federal Reserve's Balance Sheet $4.408 Trillion -.12%

• U.S. Sovereign Debt Credit Default Swap 23.76 -.02%

• Illinois Municipal Debt Credit Default Swap 252.06 -.03%

• Western Europe Sovereign Debt Credit Default Swap Index 3.97 +18.89%

• Asia Pacific Sovereign Debt Credit Default Swap Index 13.12 -3.28%
  

• Emerging Markets Sovereign Debt CDS Index 34.21 -12.91%
  

• Israel Sovereign Debt Credit Default Swap 57.55 -2.34%

• South Korea Sovereign Debt Credit Default Swap 53.10 -2.68%

• Russia Sovereign Debt Credit Default Swap 118.18 -5.79%

• iBoxx Offshore RMB China Corporate High Yield Index 145.87 +.18%

• 10-Year TIPS Spread 1.95% +6.0 basis points

• TED Spread 35.25 +6.5 basis points

• 2-Year Swap Spread 20.75 +2.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -70.5  -10.75 basis points

• N. America Investment Grade Credit Default Swap Index 48.77 -3.29%

• America Energy Sector High-Yield Credit Default Swap Index 374.0 -1.32%

• European Financial Sector Credit Default Swap Index 44.29 -5.69%
  

• Emerging Markets Credit Default Swap Index 121.08 -3.72%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 163.0 +2.0 basis points
  

• M1 Money Supply $3.666 Trillion +.22%

• Commercial Paper Outstanding 1,078.7 +2.8%

• 4-Week Moving Average of Jobless Claims 236,000 +1,250

• Continuing Claims Unemployment Rate 1.4% +10.0 basis points
  

• Average 30-Year Mortgage Rate 3.94% +1.0 basis point

• Weekly Mortgage Applications 379.20 -4.91%

• Bloomberg Consumer Comfort 50.8 -.5 point

• Weekly Retail Sales +3.60% +40.0 basis points

• Nationwide Gas $2.44/gallon -.01/gallon

• Baltic Dry Index 1,430.0 -11.67%

• China (Export) Containerized Freight Index 763.65 -.09%

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

• Rail Freight Carloads 289,610 -1.09%

Best Performing Style

• Small-Cap Growth +1.0%

Worst Performing Style

• Large-Cap Growth unch.

Leading Sectors

• Oil Service +10.6%

• Steel +6.2%

• Gold & Silver +4.8%

• Energy +4.4%

• Shipping +2.9%

Lagging Sectors

• Education -.9% 

• Insurance -.9%

• Software -1.7%

• REITs -2.5%

• Utilities -4.2%

Weekly High-Volume Stock Gainers (35)

• BETR, SIEB, APPN, APLS, EVI, DCPH, AKAM, LNCE, FINL, MLHR, CBT, UA, NAV, CAMP, WTTR, HZN, SFNC, GHL, WRD, PAH, EQBK, PPBI, UNVR, PENN, WOR, GFF, BSRR, NXRT, HOMB, PNK, OPTN, XPER, CTS, CVGW and IIIN

Weekly High-Volume Stock Losers (13)

• MRSN, FDS, EPR, SPPI, PRA, UBA, PPL, RMAX, SNNA, DOVA, HIFR, APOG and PCG

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Slightly Lower into the Afternoon on Profit-Taking, Sector Rotation, Technical Selling, Gaming/Steel Sector Weakness

Broad Equity Market Tone:

• Advance/Decline Line: Modestly Lower
  

• Sector Performance: Mixed
  

• Volume: Light

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 10.07 +4.68%

• Euro/Yen Carry Return Index 139.93 -.21%

• Emerging Markets Currency Volatility(VXY) 7.92 -.13%

• S&P 500 Implied Correlation 37.42 +2.99%

• ISE Sentiment Index 45.0 -45.78%
  

• Total Put/Call .93 +10.7%

• NYSE Arms 1.13 +81.6%

Credit Investor Angst:

• North American Investment Grade CDS Index 49.28 +1.05%
  

• America Energy Sector High-Yield CDS Index 374.0 +.12%

• European Financial Sector CDS Index 44.13 -1.85%

• Western Europe Sovereign Debt CDS Index 3.96 unch.

• Asia Pacific Sovereign Debt CDS Index 13.12 -1.02%

• Emerging Market CDS Index 120.70 -.16%
  

• iBoxx Offshore RMB China Corporate High Yield Index 145.87 +.04%

• 2-Year Swap Spread 20.75 unch.

• TED Spread 34.25 +2.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -70.5 -5.25 basis points

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 73.74 +.02%
• 3-Month T-Bill Yield 1.32% -2.0 basis points
  

• Yield Curve 59.25 -1.25 basis points

• China Iron Ore Spot 515.0 CNY/100 Metric Tonnes unch.

• Citi US Economic Surprise Index 84.50 +10.6 points

• Citi Eurozone Economic Surprise Index 56.50 +3.3 basis points

• Citi Emerging Markets Economic Surprise Index -.2 +.8 basis point

• 10-Year TIPS Spread 1.95 unch.
  
• 71.4% chance of Fed rate hike at March 21 meeting, 73.3% chance at May 2 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating -2 open in Japan 
• China A50 Futures: Indicating +17 open in China

• DAX Futures: Indicating +3 open in Germany

Portfolio: 

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

• Disclosed Trades: None

• Market Exposure: 100% Net Long