Weekly Scoreboard*

S&P 500 Index 2,786.24 +1.57%

 
The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 25,803.19 +2.0%

• NASDAQ 7,261.06 +1.75%

• Russell 2000 1,591.97 +2.05%

• S&P 500 High Beta 45.16 +3.27%

• Goldman 50 Most Shorted 147.62 +1.55%

• Wilshire 5000 28,806.69 +1.61%

• Russell 1000 Growth 1,419.05 +1.58%

• Russell 1000 Value 1,262.79 +1.55%

• S&P 500 Consumer Staples 584.75 -.55%

• Vanda Cyclicals-Defensives 1.5704 +3.69%
  

• NYSE Technology 1,795.98 +.96%

• Transports 11,363.70 +4.13%

• Utilities 684.38 -2.05%

• Bloomberg European Bank/Financial Services 105.46 +3.7%

• MSCI Emerging Markets 49.11 +.58%

• HFRX Equity Hedge 1,290.18 +.12%

• HFRX Equity Market Neutral 1,010.37 +.39%

Sentiment/Internals

• NYSE Cumulative A/D Line 316,561 +.66%

• Bloomberg New Highs-Lows Index 1,428 -43

• Bloomberg Crude Oil % Bulls 57.14 +14.3%

• CFTC Oil Net Speculative Position 624,213 -1.3%

• CFTC Oil Total Open Interest 2,479,798 +.80%

• Total Put/Call .72 -21.98%

• OEX Put/Call .33 -62.75%

• ISE Sentiment 100.0 -3.67%

• NYSE Arms .62 -32.98%

• Volatility(VIX) 10.3 +10.2%

• S&P 500 Implied Correlation 32.13 -9.04%

• G7 Currency Volatility (VXY) 7.10 +4.3% 

• Emerging Markets Currency Volatility (EM-VXY) 7.53 -.92%

• Smart Money Flow Index 20,507.76 +2.14%

• ICI Money Mkt Mutual Fund Assets $2.836 Trillion -.07%

• ICI US Equity Weekly Net New Cash Flow -$14.107 Billion

• AAII % Bulls 48.7 -18.5%

• AAII % Bears 25.1 +61.1%

Futures Spot Prices

• CRB Index 196.06 +1.26%

• Crude Oil 64.36 +4.24%

• Reformulated Gasoline 185.14 +3.11%

• Natural Gas 3.19 +14.5%

• Heating Oil 208.75 +1.09%

• Gold 1,338.90 +1.42%

• Bloomberg Base Metals Index 211.59 +.02%

• Copper 322.35 -.25%

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

• China Iron Ore Spot 511.50 CNY/100 Metric Tonnes +1.59%

• Lumber 466.90 +1.33%

• UBS-Bloomberg Agriculture 1,002.80 -1.71%

Economy

• Atlanta Fed GDPNow Forecast +2.8% +10.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate 3.3% -20.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index -.0762 +1.17% 

• US Economic Policy Uncertainty Index 225.61 +33.3%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 151.45 +2.56%

• Citi US Economic Surprise Index 70.40 -4.6 points

• Citi Eurozone Economic Surprise Index 58.30 +12.3 points

• Citi Emerging Markets Economic Surprise Index 6.4 +6.7 points

• Fed Fund Futures imply 82.0% chance of no change, 18.0% chance of 25 basis point hike on 1/31

• US Dollar Index 90.97 -1.02%

• MSCI Emerging Markets Currency Index 1,687.88 -.28%

• Bitcoin/USD 13,764.80 -19.25%

• Euro/Yen Carry Return Index 140.94 -.73%

• Yield Curve 55.0 +3.25 basis points
  

• 10-Year US Treasury Yield 2.55% +7.0 basis points

• Federal Reserve's Balance Sheet $4.406 Trillion +.05%

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

• Illinois Municipal Debt Credit Default Swap 251.85 -.03%

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

• Asia Pacific Sovereign Debt Credit Default Swap Index 10.13 -10.83%
  

• Emerging Markets Sovereign Debt CDS Index 32.31 +5.4%
  

• Israel Sovereign Debt Credit Default Swap 56.59 -3.72%

• South Korea Sovereign Debt Credit Default Swap 43.40 -7.08%

• Russia Sovereign Debt Credit Default Swap 110.18 -5.71%

• iBoxx Offshore RMB China Corporate High Yield Index 146.44 +.08%

• 10-Year TIPS Spread 2.02% -1.0 basis point

• TED Spread 28.0 -3.0 basis points

• 2-Year Swap Spread 19.25 +.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -23.0 -.75 basis points

• N. America Investment Grade Credit Default Swap Index 47.03 +2.55%

• America Energy Sector High-Yield Credit Default Swap Index 322.0 -7.54%

• European Financial Sector Credit Default Swap Index 42.59 +.85%
  

• Emerging Markets Credit Default Swap Index 109.53 -1.61%
  

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

• M1 Money Supply $3.558 Trillion -.07%

• Commercial Paper Outstanding 1,111.11 +2.3%

• 4-Week Moving Average of Jobless Claims 250,750 +9,000

• Continuing Claims Unemployment Rate 1.3% -10.0 basis points
  

• Average 30-Year Mortgage Rate 3.99% +4.0 basis points

• Weekly Mortgage Applications 390.20 +8.27%

• Bloomberg Consumer Comfort 53.5 +1.7 points

• Weekly Retail Sales +3.40% -90.0 basis points

• Nationwide Gas $2.52/gallon +.03/gallon

• Baltic Dry Index 1,303.0 -4.96%

• China (Export) Containerized Freight Index 791.38 +2.34%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 20.0 unch.

• Rail Freight Carloads 207,216 +2.4%

Best Performing Style

• Small-Cap Value +2.2%

Worst Performing Style

• Mid-Cap Value +1.2%

Leading Sectors

• Airlines +6.0%

• Oil Service +4.4%

• Steel +3.7%

• Banks +3.7%

• Retail +3.5%

Lagging Sectors

• Semis -.2% 

• Telecom -1.3%

• Foods -1.4%

• Utilities 2.0%

• REITs -3.0%

Weekly High-Volume Stock Gainers (16)

• EXPI, FC, ALDR, DST, CBMG, WTW, ACOR, SSNC, PTCT, DPLO, KBH, STX, PODD, VRAY, DFRG and CHPE

Weekly High-Volume Stock Losers (11)

• PSMT, ELF, AYI, NUVA, RGNX, NTCT, PLAY, KALA, SVU, BABY and CORE

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 Economic Optimism, Earnings Outlooks, Oil Gain, Energy/Retail Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: Higher
  

• Sector Performance: Almost Every Sector Rising
  

• Volume: Above Average

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 10.16 +2.8%

• Euro/Yen Carry Return Index 140.78 +.92%

• Emerging Markets Currency Volatility(VXY) 7.53 +1.07%

• S&P 500 Implied Correlation 31.71 -8.81%

• ISE Sentiment Index 107.0 -2.73
  

• Total Put/Call .72 unch.

• NYSE Arms .61 -11.1%

Credit Investor Angst:

• North American Investment Grade CDS Index 46.63 -.43%
  

• America Energy Sector High-Yield CDS Index 321.0 -2.57%

• European Financial Sector CDS Index 42.58 -1.09%

• Italian/German 10Y Yld Spread 140.25 -6.75 basis points
  

• Asia Pacific Sovereign Debt CDS Index 10.13 -2.83%

• Emerging Market CDS Index 109.48 -1.12%
  

• iBoxx Offshore RMB China Corporate High Yield Index 146.44 -.08%

• 2-Year Swap Spread 19.25 +.25 basis point

• TED Spread 28.0 -.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -23.0 +3.25 basis points

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 75.52 +.47%
• 3-Month T-Bill Yield 1.44% +1.0 basis point
  

• Yield Curve 55.0 -.75 basis point

• China Iron Ore Spot 511.50 CNY/100 Metric Tonnes -.2%

• Citi US Economic Surprise Index 70.40 +7.2 points

• Citi Eurozone Economic Surprise Index 58.30 -1.4 basis points

• Citi Emerging Markets Economic Surprise Index 6.4 +6.6 basis points

• 10-Year TIPS Spread 2.02 unch.
  
• 85.2% chance of Fed rate hike at March 21 meeting, 85.6% chance at May 2 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +157 open in Japan 
• China A50 Futures: Indicating +76 open in China

• DAX Futures: Indicating -8 open in Germany

Portfolio: 

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

• Disclosed Trades: None

• Market Exposure: 100% Net Long