Weekly Scoreboard*

S&P 500 Index 2,861.56 +1.82%

 
The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 26,518.30 +1.70%

• NASDAQ 7,474.71 +1.89%

• Russell 2000 1,604.08 +.42%

• S&P 500 High Beta 45.76 +.44%

• Goldman 50 Most Shorted 150.96 +2.77%

• Wilshire 5000 29,514.50 +1.41%

• Russell 1000 Growth 1,462.31 +1.64%

• Russell 1000 Value 1,289.59 +1.32%

• S&P 500 Consumer Staples 602.45 +.56%

• Vanda Cyclicals-Defensives 1.5813 -.27%
  

• NYSE Technology 1,886.76 +2.72%

• Transports 11,083.77 -2.49%

• Utilities 696.61 +1.70%

• Bloomberg European Bank/Financial Services 106.97 +1.35%

• MSCI Emerging Markets 51.69 +3.14%

• HFRX Equity Hedge 1,320.49 +1.05%

• HFRX Equity Market Neutral 1,013.61 -.36%

Sentiment/Internals

• NYSE Cumulative A/D Line 317,163 +.58%

• Bloomberg New Highs-Lows Index 1,128 +467

• Bloomberg Crude Oil % Bulls 35.3 +1.9%

• CFTC Oil Net Speculative Position 707,787 +7.6%

• CFTC Oil Total Open Interest 2,611,581 +2.6%

• Total Put/Call .79 -8.14%

• OEX Put/Call .64 -54.87%

• ISE Sentiment 131.0 +23.3%

• NYSE Arms .58 -41.44%

• Volatility(VIX) 11.33 -.09%

• S&P 500 Implied Correlation 32.18 -4.88%

• G7 Currency Volatility (VXY) 8.03 +7.0% 

• Emerging Markets Currency Volatility (EM-VXY) 8.21 +3.1%

• Smart Money Flow Index 20,616.12 +.82%

• ICI Money Mkt Mutual Fund Assets $2.824 Trillion +.3%

• ICI US Equity Weekly Net New Cash Flow -$2.696 Billion

• AAII % Bulls 45.5 -16.0%

• AAII % Bears 24.0 +12.3%

Futures Spot Prices

• CRB Index 200.69 +2.32%

• Crude Oil 66.19 +3.95%

• Reformulated Gasoline 194.31 +2.82%

• Natural Gas 3.59 +10.72%

• Heating Oil 213.87 +3.22%

• Gold 1,351.80 +1.54%

• Bloomberg Base Metals Index 215.29 +.80%

• Copper 320.0 +.31%

• US No. 1 Heavy Melt Scrap Steel 321.0 USD/Metric Tonne +2.0%

• China Iron Ore Spot 73.08 USD/Metric Tonne -1.9%

• Lumber 486.0 +1.65%

• UBS-Bloomberg Agriculture 1,012.20 +1.02%

Economy

• Atlanta Fed GDPNow Forecast +3.4% unch.

• ECRI Weekly Leading Economic Index Growth Rate 5.8% +130.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index .2772 -8.24% 

• US Economic Policy Uncertainty Index 144.92 +9.4%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 155.23 +1.6%

• Citi US Economic Surprise Index 37.50 -24.0 points

• Citi Eurozone Economic Surprise Index 56.40 +1.8 points

• Citi Emerging Markets Economic Surprise Index .5 -5.5 points

• Fed Fund Futures imply 80.0% chance of no change, 20.0% chance of 25 basis point hike on 1/31

• US Dollar Index 88.91 -1.83%

• MSCI Emerging Markets Currency Index 1,727.55 +1.29%

• Bitcoin/USD 11,025.0 -2.15%

• Euro/Yen Carry Return Index 140.49 -.40%

• Yield Curve 54.0 -4.0 basis points
  

• 10-Year US Treasury Yield 2.66% +3.0 basis points

• Federal Reserve's Balance Sheet $4.400 Trillion +.04%

• U.S. Sovereign Debt Credit Default Swap 19.27 -18.9%

• Illinois Municipal Debt Credit Default Swap 251.71 -.03%

• Italian/German 10Y Yld Spread 137.75 -1.75 basis points

• Asia Pacific Sovereign Debt Credit Default Swap Index 10.69 +1.33%
  

• Emerging Markets Sovereign Debt CDS Index 33.16 +2.40%
  

• Israel Sovereign Debt Credit Default Swap 53.25 +3.95%

• South Korea Sovereign Debt Credit Default Swap 45.70 +1.29%

• Russia Sovereign Debt Credit Default Swap 113.0 -.59%

• iBoxx Offshore RMB China Corporate High Yield Index 146.43 -.26%

• 10-Year TIPS Spread 2.09% +3.0 basis points

• TED Spread 35.75 +4.0 basis points

• 2-Year Swap Spread 18.5 -1.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -26.25 -.75 basis point

• N. America Investment Grade Credit Default Swap Index 45.63 -3.55%

• America Energy Sector High-Yield Credit Default Swap Index 295.0 -9.32%

• European Financial Sector Credit Default Swap Index 41.20 -5.11%
  

• Emerging Markets Credit Default Swap Index 113.60 -.14%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 158.0 -3.0 basis points
  

• M1 Money Supply $3.681 Trillion +1.57%

• Commercial Paper Outstanding 1,128.60 +.9%

• 4-Week Moving Average of Jobless Claims 240,000 -4,500

• Continuing Claims Unemployment Rate 1.4% unch.
  

• Average 30-Year Mortgage Rate 4.15% +11.0 basis points

• Weekly Mortgage Applications 424.40 +4.45%

• Bloomberg Consumer Comfort 53.7 -.1 point

• Weekly Retail Sales +3.30% +30.0 basis points

• Nationwide Gas $2.57/gallon +.03/gallon

• Baltic Dry Index 1,217.0 +8.17%

• China (Export) Containerized Freight Index 819.59 +.81%

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

• Rail Freight Carloads 266,981 -1.33%

Best Performing Style

• Large-Cap Growth +1.6%

Worst Performing Style

• Small-Cap Value -.5%

Leading Sectors

• Biotech +5.3%

• Internet +4.1%

• Gold & Silver +3.0%

• Drugs +2.9%

• Software +2.9%

Lagging Sectors

• Restaurants -1.3% 

• Alt Energy -2.2%

• Road & Rail -2.8%

• Airlines -4.6%

• Homebuilders -4.9%

Weekly High-Volume Stock Gainers (31)

• BIVV, IOVA, MDCO, GWW, RCKT, HZO, CARA, JNCE, RARE, MGNX, COLL, JUNO, WRLD, KURA, STML, ALBO, BG, RMD, LOB, AGIO, NYT, ATKR, TBK, ADMS, WHR, MAT, HNGR, GDENCPK, FE and MSCC

Weekly High-Volume Stock Losers (15)

• PI, WWD, PETS, MRCY, ALK, IPHI, RES, ATNX, UAL, LITE, RDFN, OLED, NWL, SANM and PBYI

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 Earnings Optimism, Oil Gain, Technical Buying, Tech/Pharma 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) 11.29 -2.5%

• Euro/Yen Carry Return Index 140.99 -.22%

• Emerging Markets Currency Volatility(VXY) 8.20 -.49%

• S&P 500 Implied Correlation 32.57 -2.63%

• ISE Sentiment Index 134.0 +16.52%
  

• Total Put/Call .79 -1.25%

• NYSE Arms .48 -55.54%

Credit Investor Angst:

• North American Investment Grade CDS Index 45.38 -1.93%
  

• America Energy Sector High-Yield CDS Index 294.0 -.31%

• European Financial Sector CDS Index 41.10 -2.08%

• Italian/German 10Y Yld Spread 137.75 +2.5 basis points
  

• Asia Pacific Sovereign Debt CDS Index 10.71 +1.28%

• Emerging Market CDS Index 113.30 -.38%
  

• iBoxx Offshore RMB China Corporate High Yield Index 146.43 -.19%

• 2-Year Swap Spread 18.50 unch.

• TED Spread 35.75 +4.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -26.5 unch.

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 76.48 +.06%
• 3-Month T-Bill Yield 1.41% -1.0 basis point
  

• Yield Curve 54.0 unch.

• China Iron Ore Spot 73.08 USD/Metric Tonne -.16%

• Citi US Economic Surprise Index 37.50 -4.6 points

• Citi Eurozone Economic Surprise Index 56.40 -1.9 basis points

• Citi Emerging Markets Economic Surprise Index .5 -.7 basis point

• 10-Year TIPS Spread 2.09 +3.0 basis points
  
• 90.4% chance of Fed rate hike at March 21 meeting, 90.6% chance at May 2 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +90 open in Japan 
• China A50 Futures: Indicating +61 open in China

• DAX Futures: Indicating +10 open in Germany

Portfolio: 

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

• Disclosed Trades: Covered some of my (IWM)/(QQQ) hedges

• Market Exposure: Moved to 100% Net Long

Bear Radar

Style Underperformer:

• Small-Cap Value -.1%

Sector Underperformers:

• 1) Gaming -2.1% 2) Restaurants -1.4% 3) Homebuilders -1.0%

Stocks Falling on Unusual Volume: 

• DVMT, THO, SBUX, WGO, AHL, TMST, CL, QSII, IOVA, POL, FHB, WYNN, RYI, WGO and TMST

Stocks With Unusual Put Option Activity:

• 1) BX 2) BSX 3) VMW 4) CL 5) SBUX

Stocks With Most Negative News Mentions:

• 1) WYNN 2) WGO 3) THOR 4) FHB 5) QD

Charts:

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

Bull Radar

Style Outperformer:

• Large-Cap Growth +.6%

Sector Outperformers:

• 1) Semis +2.1% 2) Pharma +1.6% 3) Software +1.4%

Stocks Rising on Unusual Volume:

• RPD, VMW, MRTN, EGHT, WRLD, NWL, ABAX, RCKT, BXC, STML, NCNA, MXIM, INTC, SHPG, STAA, ABBV, ANTX, MSCC, NVCR, BOLD, LRN, XLNX, ZYNE, ATRA, MCHI, PFE, DLX, TGTX, AJG, EDIT, IBKC, TWTR, KPTI, BIIB, RDFN and AZPN

Stocks With Unusual Call Option Activity:

• 1) HCA 2) VMW 3) VMC 4) XLNX 5) OLED

Stocks With Most Positive News Mentions:

• 1) INTC 2) EGHT 3) BIIB 4) ABBV 5) GILD

Charts:

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

Morning Market Internals

NYSE Composite Index:

• Volume Running +4.8% Above 100-Day Average
• 9 Sectors Rising, 1 Sector Declining
• 48.1% of Issues Advancing, 48.1% Declining
• 173 New 52-Week Highs, 40 New Lows
• 66.0% of Issues Above 200-day Moving Average
• Average 14-Day RSI 53.6%
• Vix 11.2 -3.4%
• Total Put/Call .71 -11.3%
• TRIN/Arms .63 -41.3%