Weekly Scoreboard*

S&P 500 2,778.91 +3.3%*

The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 25,276.30 +2.95%

• NASDAQ 7,542.84 +3.87%

• Russell 2000 1,595.51 +4.08%

• S&P 500 High Beta 45.21 +4.62%

• Goldman 50 Most Shorted 145.93 +1.84%

• Wilshire 5000 28,770.20 +3.32%

• Russell 1000 Growth 1,446.53 +3.63%

• Russell 1000 Value 1,232.01 +2.92%

• S&P 500 Consumer Staples 559.31 +1.37%

• Vanda Cyclicals-Defensives 1.6335 +.46%
  

• NYSE Technology 1,941.81 +4.5%

• Transports 10,699.50 +3.52%

• Utilities 668.75 +.42%

• Bloomberg European Bank/Financial Services 98.69 +1.1%

• MSCI Emerging Markets 49.11 +2.0%

• HFRX Equity Hedge 1,296.50 +.79%

• HFRX Equity Market Neutral 1,013.40 +.43%

Sentiment/Internals

• NYSE Cumulative A/D Line 314,811 +1.24%

• Bloomberg New Highs-Lows Index 256 +501

• Bloomberg Crude Oil % Bulls 20.0 -22.9%

• CFTC Oil Net Speculative Position 704,104 +2.1%

• CFTC Oil Total Open Interest 2,460,214 +1.2%

• Total Put/Call .78 -34.2%

• OEX Put/Call .35 +100.0%

• ISE Sentiment 108.0 +44.2%

• NYSE Arms .84 +22.97%

• Volatility(VIX) 15.1 -22.3%

• S&P 500 Implied Correlation 38.23 -5.57%

• G7 Currency Volatility (VXY) 7.69 -8.55% 

• Emerging Markets Currency Volatility (EM-VXY) 7.75 -5.02%

• Smart Money Flow Index 19,083.18 +4.48%

• ICI Money Mkt Mutual Fund Assets $2.857 Trillion +.5%

• ICI Domestic Equity Mutual Fund/ETFs Weekly Flows +$6.397 Billion

• AAII % Bulls 26.4 -29.2%

• AAII % Bears 28.4 +21.2%

Futures Spot Prices

• CRB Index 195.06 +.44%

• Crude Oil 61.89 +.41%

• Reformulated Gasoline 190.20 -.58%

• Natural Gas 2.73 +.89%

• Heating Oil 188.37 -.27%

• Gold 1,323.30 +.03%

• Bloomberg Base Metals Index 203.43 -2.36%

• Copper 314.10 +.14%

• US No. 1 Heavy Melt Scrap Steel 318.33 USD/Metric Tonne unch.

• China Iron Ore Spot 69.18 USD/Metric Tonne -5.43%

• Lumber 484.30 -.04%

• UBS-Bloomberg Agriculture 1,044.37 -1.15%

Economy

• Atlanta Fed GDPNow Forecast +2.5% -100.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate 5.7% -120.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index .0491 -19.64% 

• US Economic Policy Uncertainty Index 330.12 +204.4%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 160.36 +.21%

• Citi US Economic Surprise Index 47.90 +8.8 points

• Citi Eurozone Economic Surprise Index -21.6 -21.1 points

• Citi Emerging Markets Economic Surprise Index 31.7 +21.8 points

• Fed Fund Futures imply 0.0% chance of no change, 100.0% chance of 25 basis point hike on 3/21

• US Dollar Index 90.11 +.12%

• MSCI Emerging Markets Currency Index 1,715.69 +.36%

• Bitcoin/USD 8,897.64 -19.0%

• Euro/Yen Carry Return Index 137.04 +1.0%

• Yield Curve 62.75 +.75 basis point
  

• 10-Year US Treasury Yield 2.89% +4.0 basis points

• Federal Reserve's Balance Sheet $4.355 Trillion +.06%

• U.S. Sovereign Debt Credit Default Swap 20.25 -.05%

• Illinois Municipal Debt Credit Default Swap 252.55 -.03%

• Italian/German 10Y Yld Spread 136.25 +3.75 basis points

• Asia Pacific Sovereign Debt Credit Default Swap Index 11.67 -2.91%
  

• Emerging Markets Sovereign Debt CDS Index 33.57 +.15%
  

• Israel Sovereign Debt Credit Default Swap 49.2 -4.74%

• South Korea Sovereign Debt Credit Default Swap 43.6 -14.3%

• Russia Sovereign Debt Credit Default Swap 103.30 -4.15%

• iBoxx Offshore RMB China Corporate High Yield Index 148.08 +.08%

• 10-Year TIPS Spread 2.13% unch.

• TED Spread 40.25 +1.25 basis points

• 2-Year Swap Spread 30.0 +4.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -28.5 +4.5 basis points

• N. America Investment Grade Credit Default Swap Index 55.0 -6.71%

• America Energy Sector High-Yield Credit Default Swap Index 397.0 +.51%

• European Financial Sector Credit Default Swap Index 50.42 -8.59%
  

• Emerging Markets Credit Default Swap Index 113.82 -8.07%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 166.0 +1.0 basis point
  

• M1 Money Supply $3.618 Trillion +.44%

• Commercial Paper Outstanding 1,093.50 +.2%

• 4-Week Moving Average of Jobless Claims 222,500 +2,000

• Continuing Claims Unemployment Rate 1.3% -10.0 basis points
  

• Average 30-Year Mortgage Rate 4.46% +3.0 basis points

• Weekly Mortgage Applications 384.10 +.31%

• Bloomberg Consumer Comfort 56.8 +.6 point

• Weekly Retail Sales +3.4% +20.0 basis points

• Nationwide Gas $2.53/gallon +.01/gallon

• Baltic Dry Index 1,197.0 -.83%

• China (Export) Containerized Freight Index 830.88 -1.73%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 17.50 unch.

• Rail Freight Carloads 279,535 +1.11%

Best Performing Style

• Small-Cap Growth +4.4%

Worst Performing Style

• Large-Cap Value +2.8%

Leading Sectors

• Gaming +9.2%

• Education +7.1%

• Disk Drives +6.6%

• I-Banks +6.5%

• Medical Equipment +5.7%

Lagging Sectors

• Foods +.5% 

• Gold & Silver +.1%

• Retail -.3%

• Papers -1.0%

• Steel -3.5%

Weekly High-Volume Stock Gainers (42)

• INNT, CLSD, VCEL, APEI, GTXI, VEC, MED, GTHX, QCP, CHUBK, CMTL, NTNX, RGNX, CHUBA, SNNA, AMRC, XON, HCI, ADSK, KFY, MDB, AMBA, CUE, TREC, STRA, CIEN, SFIX, FNSR, KEYS, ARA, CARG, UPLD, ALOG, ATH, GNL, CCXI, XOXO, ANF, CASA, BOJA, ESRX and HNGR

Weekly High-Volume Stock Losers (18)

• GNCMA, AVAV, FRPT, FL, EEX, CI, CVNA, ARES, DLTR, WSR, SPPI, PRGS, KR, TECD, BOMN, ZAGG, TRNC and GLYC

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, Less US/European/Emerging Markets Debt Angst, Oil Gain, Transport/Financial Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: Substantially Higher
  

• Sector Performance: Almost Every Sector Rising
  

• Volume: Below Average

• Market Leading Stocks: Outperforming
  

Equity Investor Angst:

• Volatility(VIX) 15.29 -7.6%

• Euro/Yen Carry Return Index 137.03 +.63%

• Emerging Markets Currency Volatility(VXY) 7.75 -1.9%

• S&P 500 Implied Correlation 38.1 -5.1%

• ISE Sentiment Index 114.0 +44.2%
  

• Total Put/Call .78 -15.2%

• NYSE Arms .90 -16.8%

Credit Investor Angst:

• North American Investment Grade CDS Index 54.84 -2.69%
  

• America Energy Sector High-Yield CDS Index 397.0 +1.15%

• European Financial Sector CDS Index 50.11 -3.43%

• Italian/German 10Y Yld Spread 136.25 -.5 basis point
  

• Asia Pacific Sovereign Debt CDS Index 11.65 -2.43%

• Emerging Market CDS Index 113.03 -3.63%
  

• iBoxx Offshore RMB China Corporate High Yield Index 148.08 +.01%

• 2-Year Swap Spread 30.0 +.5 basis point

• TED Spread 40.25 +3.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -28.25 +.75 basis point

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 75.41 +.24%
• 3-Month T-Bill Yield 1.67% unch.
  

• Yield Curve 62.75 +1.5 basis points

• China Iron Ore Spot 69.18 USD/Metric Tonne -.03%

• Citi US Economic Surprise Index 47.90 +9.9 points

• Citi Eurozone Economic Surprise Index -21.60 -8.8 points

• Citi Emerging Markets Economic Surprise Index 31.70 +.4 point

• 10-Year TIPS Spread 2.13 +1.0 basis point
  
• 100.0% chance of Fed rate hike at May 2 meeting, 100.0% chance at June 13 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +266 open in Japan 
• China A50 Futures: Indicating +130 open in China

• DAX Futures: Indicating +17 open in Germany

Portfolio: 

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

• Disclosed Trades: None

• Market Exposure: 100% Net Long

Bear Radar

Style Underperformer:

• Mid-Cap Value +.9%

Sector Underperformers:

• 1) Utilities +.1% 2) REITs +.1% 3) Gold & Silver +.3%

Stocks Falling on Unusual Volume: 

• BIG, ZTO, FNSR, GBT, MAT, OKTA, YEXT, COLL, VCEL and FIZZ

Stocks With Unusual Put Option Activity:

• 1) BIG 2) ILG 3) AKS 4) MAT 5)MYL

Stocks With Most Negative News Mentions:

• 1) FNSR 2) AUTO 3) MAT 4) GPRO 5) WLB

Charts:

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

Bull Radar

Style Outperformer:

• Large-Cap Growth +1.4%

Sector Outperformers:

• 1) Road & Rail +2.9% 2) Oil Service +2.5% 3) I-Banks +2.2%

Stocks Rising on Unusual Volume:

• ZSAN, UPLD, CHRS, SPKE, WBT, ETSY, LOCO, PRTY, UNFI TECD, FDX, CMTL, CI, WLDN, NVEE, AZUL, CCXI, MMI, GTHX, NTNX, CASA, DAN, QCP, TS, MYOK, CHRS, CCXI, NTLA, UPLD, LOCO, AQ, QCP, FMI, ERI, WYNN, LRCX, PRGS, DAN, REGI, KR and AEO

Stocks With Unusual Call Option Activity:

• 1) ZNGA 2) ANTH 3) PF 4) FLR 5)ON

Stocks With Most Positive News Mentions:

• 1) IIVI 2) PCTY 3) UNFI 4) CVNA 5) NTNX

Charts:

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

Morning Market Internals

NYSE Composite Index:

• Volume Running -7.6% Below 100-Day Average
• 6 Sectors Rising, 4 Sectors Declining
• 66.9% of Issues Advancing, 30.7% Declining
• 95 New 52-Week Highs, 19 New Lows
• 46.9% of Issues Above 200-day Moving Average
• Average 14-Day RSI 47.0%
• Vix 15.2 -7.9%
• Total Put/Call .72 -21.7%
• TRIN/Arms .99 -9.1%