Weekly Scoreboard*

S&P 500 Index 2,736.33 +1.81%

The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 25,234.80 +1.61%

• NASDAQ 7,121.07 +2.5%

• Russell 2000 1,556.21 +.47%

• S&P 500 High Beta 43.64 +2.04%

• Goldman 50 Most Shorted 145.25 +1.36%

• Wilshire 5000 28,293 +1.70%

• Russell 1000 Growth 1,393.63 +2.48%

• Russell 1000 Value 1,240.35 +.96%

• S&P 500 Consumer Staples 586.66 -.22%

• Vanda Cyclicals-Defensives 1.4647 -.03%
  

• NYSE Technology 1,780.44 +4.33%

• Transports 10,901.20 +1.95%

• Utilities 700.90 -3.31%

• Bloomberg European Bank/Financial Services 101.70 +1.8%

• MSCI Emerging Markets 47.09 +2.3%

• HFRX Equity Hedge 1,280.73 +.78%

• HFRX Equity Market Neutral 1,004.94 +.05%

Sentiment/Internals

• NYSE Cumulative A/D Line 315,065 +.41%

• Bloomberg New Highs-Lows Index 1,471 +991

• Bloomberg Crude Oil % Bulls 50.0 -10.01%

• CFTC Oil Net Speculative Position 632,161 +5.0%

• CFTC Oil Total Open Interest 2,460,193 +.17%

• Total Put/Call .95 -15.6%

• OEX Put/Call .71 +105.0%

• ISE Sentiment 104.0 +43.59%

• NYSE Arms 1.02 +46.05%

• Volatility(VIX) 9.28 -7.86%

• S&P 500 Implied Correlation 34.02 -20.6%

• G7 Currency Volatility (VXY) 6.81 -5.55% 

• Emerging Markets Currency Volatility (EM-VXY) 7.64 -2.17%

• Smart Money Flow Index 20,078.33 -.35%

• ICI Money Mkt Mutual Fund Assets $2.838 Trillion -.27%

• ICI US Equity Weekly Net New Cash Flow -$3.119 Billion

• AAII % Bulls 59.8 +13.5%

• AAII % Bears 15.6 -24.6%

Futures Spot Prices

• CRB Index 193.45 +.17%

• Crude Oil 61.49 +2.59%

• Reformulated Gasoline 178.65 -.02%

• Natural Gas 2.80 -4.61%

• Heating Oil 205.91 +.54%

• Gold 1,321.70 +1.83%

• Bloomberg Base Metals Index 211.54 -.01%

• Copper 323.05 -2.34%

• US No. 1 Heavy Melt Scrap Steel 290.0 USD/Metric Tonne unch.

• China Iron Ore Spot 514.50 CNY/100 Metric Tonnes +7.19%

• Lumber 459.0 +2.82%

• UBS-Bloomberg Agriculture 1,020.12 +.94%

Economy

• Atlanta Fed GDPNow Forecast +2.7% -10.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate 3.5% unch.
  

• Philly Fed ADS Real-Time Business Conditions Index -.0460 -5.75% 

• US Economic Policy Uncertainty Index 237.16 +36.76%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 147.67 +.81%

• Citi US Economic Surprise Index 75.0 -.7 point

• Citi Eurozone Economic Surprise Index 46.0 -3.3 points

• Citi Emerging Markets Economic Surprise Index -.3 +3.0 points

• Fed Fund Futures imply 84.0% chance of no change, 16.0% chance of 25 basis point hike on 1/31

• US Dollar Index 91.96 -.76%

• MSCI Emerging Markets Currency Index 1,691.91 +1.03%

• Bitcoin/USD 16,314.50 +14.5%

• Euro/Yen Carry Return Index 142.04 +.75%

• Yield Curve 51.75 -10.5 basis points
  

• 10-Year US Treasury Yield 2.48% +7.0 basis points

• Federal Reserve's Balance Sheet $4.404 Trillion -.12%

• U.S. Sovereign Debt Credit Default Swap 23.76 +.04%

• Illinois Municipal Debt Credit Default Swap 251.92 -.03%

• Western Europe Sovereign Debt Credit Default Swap Index 3.97 n/a

• Asia Pacific Sovereign Debt Credit Default Swap Index 11.36 -10.38%
  

• Emerging Markets Sovereign Debt CDS Index 30.66 -6.34%
  

• Israel Sovereign Debt Credit Default Swap 58.62 +9.54%

• South Korea Sovereign Debt Credit Default Swap 46.90 -11.3%

• Russia Sovereign Debt Credit Default Swap 116.85 -1.31%

• iBoxx Offshore RMB China Corporate High Yield Index 146.32 +.27%

• 10-Year TIPS Spread 2.03% +5.0 basis points

• TED Spread 31.0 -.5 basis point

• 2-Year Swap Spread 18.75 +.25 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -22.25 -2.25 basis points

• N. America Investment Grade Credit Default Swap Index 45.86 -7.11%

• America Energy Sector High-Yield Credit Default Swap Index 348.0 -5.94%

• European Financial Sector Credit Default Swap Index 42.28 -3.59%
  

• Emerging Markets Credit Default Swap Index 111.74 -6.53%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 163.0 unch.
  

• M1 Money Supply $3.609 Trillion -.07%

• Commercial Paper Outstanding 1,086.20 +.6%

• 4-Week Moving Average of Jobless Claims 241,750 +4,000

• Continuing Claims Unemployment Rate 1.4% unch.
  

• Average 30-Year Mortgage Rate 3.95% -4.0 basis points

• Weekly Mortgage Applications 368.60 +.68%

• Bloomberg Consumer Comfort 51.8 -.6 point

• Weekly Retail Sales +4.30% +20.0 basis points

• Nationwide Gas $2.49/gallon +.01/gallon

• Baltic Dry Index 1,341.0 -6.22%

• China (Export) Containerized Freight Index 773.28 +.34%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 20.0 -11.11%

• Rail Freight Carloads 202,352 -28.0%

Best Performing Style

• Large-Cap Growth +2.4%

Worst Performing Style

• Small-Cap Value -.1%

Leading Sectors

• Oil Service +5.0%

• Robotics +4.6%

• Social Media +4.4%

• Shipping +4.2%

• Disk Drives +3.9%

Lagging Sectors

• Telecom -.5% 

• Airlines -.9%

• Gaming -1.5%

• REITs -2.4%

• Utilities -3.3%

Weekly High-Volume Stock Gainers (7)

• BOLD, ATRA, UCTT, EDGE, WLH, TMHC and LNDC

Weekly High-Volume Stock Losers (6)

• BCEI, D, PEN, MGI, ADTN and WATT

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Surging into Afternoon on Economic Optimism, Yen Weakness, Technical Buying, Tech/Homebuilding Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: Modestly Higher
  

• Sector Performance: Most Sectors Rising
  

• Volume: Around Average

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 9.34 +1.3%

• Euro/Yen Carry Return Index 142.02 +.17%

• Emerging Markets Currency Volatility(VXY) 7.68 -.13%

• S&P 500 Implied Correlation 33.92 -1.62%

• ISE Sentiment Index 100.0 -11.5%
  

• Total Put/Call .89 +8.54%

• NYSE Arms 1.02 +15.15%

Credit Investor Angst:

• North American Investment Grade CDS Index 45.86 -.37%
  

• America Energy Sector High-Yield CDS Index 347.0 -1.68%

• European Financial Sector CDS Index 42.28 +.04%

• Western Europe Sovereign Debt CDS Index 3.96 n/a

• Asia Pacific Sovereign Debt CDS Index 11.36 -5.96%

• Emerging Market CDS Index 111.74 -.70%
  

• iBoxx Offshore RMB China Corporate High Yield Index 146.32 +.02%

• 2-Year Swap Spread 18.75 +.5 basis point

• TED Spread 31.0 +2.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -22.25 -2.25 basis points

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 75.20 +.01%
• 3-Month T-Bill Yield 1.40% +1.0 basis point
  

• Yield Curve 51.5 -.25 basis point

• China Iron Ore Spot 514.50 CNY/100 Metric Tonnes +2.29%

• Citi US Economic Surprise Index 75.0 -3.2 points

• Citi Eurozone Economic Surprise Index 46.0 -.8 basis point

• Citi Emerging Markets Economic Surprise Index -.3 +.6 point

• 10-Year TIPS Spread 2.03 +3.0 basis points
  
• 79.8% chance of Fed rate hike at March 21 meeting, 81.1% chance at May 2 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +106 open in Japan 
• China A50 Futures: Indicating +67 open in China

• DAX Futures: Indicating +3 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:

• Small-Cap Value -.2%

Sector Underperformers:

• 1) Oil Service -.8% 2) Biotech -.5% 3) Gold & Silver -.3%

Stocks Falling on Unusual Volume: 

• KALA, RENN, RGNX, CORE, TVPT, DB, CALM and BOLD

Stocks With Unusual Put Option Activity:

• 1) STZ 2) RCII 3) URBN 4) SRPT 5) ALGN

Stocks With Most Negative News Mentions:

• 1) BKS 2) ROKU 3) CROX 4) PSMT 5) JCI

Charts:

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

Bull Radar

Style Outperformer:

• Large-Cap Growth +.7%

Sector Outperformers:

• 1) Software +1.0% 2) Semis +.9% 3) Road & Rail +.8%

Stocks Rising on Unusual Volume:

• CRSP, SRE, IIPR, DWCH, TELL, WNS, INSY, TMHC, CASA, BLX, APPN, FCAU, ANTX, MNTA, TCCO, DPLO, XLNX, CTMX, SF, USG, MTEM, PJT, OSTK, MIME, HNP, CBPX, MTSI, SQ and BYD

Stocks With Unusual Call Option Activity:

• 1) FOX 2) STZ 3) IGT 4) XLNX 5) FDX

Stocks With Most Positive News Mentions:

• 1) XLNX 2) MTSI 3) TRUP 4) BYD 5) RDFN

Charts:

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

Morning Market Internals

NYSE Composite Index:

• Volume Running +4.7% Above 100-Day Average
• 7 Sectors Rising, 3 Sectors Declining
• 53.5% of Issues Advancing, 43.6% Declining
• 193 New 52-Week Highs, 17 New Lows
• 65.1% of Issues Above 200-day Moving Average
• Average 14-Day RSI 53.6%
• Vix 9.08 -1.52%
• Total Put/Call .87 +6.1%
• TRIN/Arms 1.25 +40.9%