Weekly Scoreboard*

S&P 500 2,801.53 +.35%

 
























The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 26,015.39 -.03%

• NASDAQ 7,589.36 +.88%

• Russell 2000 1,588.96 -.08%

• S&P 500 High Beta 41.79 +.38%

• Goldman 50 Most Shorted 166.62 +2.09%

• Wilshire 5000 28,993.46 +.30%

• Russell 1000 Growth 1,492.59 +.66%

• Russell 1000 Value 1,215.68 +.04%

• S&P 500 Consumer Staples 557.77 -.57%

• MSCI Cyclicals-Defensives Spread 1,051.91 +.62%
  

• NYSE Technology 1,825.77 +.59%

• Transports 10,463.10 -1.23%

• Utilities 756.68 -.03%

• Bloomberg European Bank/Financial Services 78.88 +3.86%

• MSCI Emerging Markets 42.64 -.74%

• HFRX Equity Hedge 1,211.85 +.12%

• HFRX Equity Market Neutral 961.58 -.61%

Sentiment/Internals

• NYSE Cumulative A/D Line 341,258 +.28%

• Bloomberg New Highs-Lows Index 105 -33

• Bloomberg Crude Oil % Bulls 51.85 +11.89%

• CFTC Oil Net Speculative Position 288,214 -10.38%

• CFTC Oil Total Open Interest 2,077,398 +.99%

• Total Put/Call .89 +15.58%

• OEX Put/Call 1.61 +373.50%

• ISE Sentiment 123.0 -18.54%

• NYSE Arms 1.20 -12.95%

• Volatility(VIX) 13.59 +8.29%

• S&P 500 Implied Correlation 39.15 +5.25%

• G7 Currency Volatility (VXY) 6.69 -5.49%

• Emerging Markets Currency Volatility (EM-VXY) 8.25 -4.06%

• Smart Money Flow Index 13,815.36 -.69%

• ICI Money Mkt Mutual Fund Assets $3.079 Trillion +.22%

• ICI Domestic Equity Mutual Fund/ETFs Weekly Flows +$.965 Billion

• AAII % Bulls 41.6 +5.9%

• AAII % Bears 20.0 -21.2%

Futures Spot Prices

• CRB Index 181.50 -1.61%

• Crude Oil 55.72 -2.37%

• Reformulated Gasoline 172.60 -2.47%

• Natural Gas 2.85 +5.56%

• Heating Oil 199.91 -2.14%

• Gold 1,294.80 -2.08%

• Bloomberg Base Metals Index 191.69 +1.55%

• Copper 292.65 -.39%

• US No. 1 Heavy Melt Scrap Steel 320.50 USD/Metric Tonne unch.

• China Iron Ore Spot 95.0 USD/Metric Tonne +17.7%

• Lumber 382.40 -4.08%

• UBS-Bloomberg Agriculture 908.23 -3.43%

Economy

• Atlanta Fed GDPNow Forecast +.34% -108.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate -4.20% +50.0 basis points
• Bloomberg US Recession Probability Next 12 Months 25.0% unch.

• Philly Fed ADS Real-Time Business Conditions Index -.2757 +5.09%

• US Economic Policy Uncertainty Index 183.89 +100.8%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 171.26 +.09%

• Citi US Economic Surprise Index -43.40 -20.0 points

• Citi Eurozone Economic Surprise Index -61.60 +2.4 points

• Citi Emerging Markets Economic Surprise Index -18.80 -10.8 points

• Fed Fund Futures imply 99.2% chance of no change, 0.0% chance of 25 basis point hike on 3/20

• US Dollar Index 96.47 -.12%

• MSCI Emerging Markets Currency Index 1,648.0 +.13%

• Bitcoin/USD 3,834.56 -2.85%

• Euro/Yen Carry Return Index 132.20 +1.44%

• Yield Curve 19.50 +3.0 basis points
  

• 10-Year US Treasury Yield 2.74% +9.0 basis points

• Federal Reserve's Balance Sheet $3.935 Trillion -.19%

• U.S. Sovereign Debt Credit Default Swap 19.34 +.76%

• Illinois Municipal Debt Credit Default Swap 194.84 -.02%

• Italian/German 10Y Yld Spread 255.0 -20.25 basis points

• China Sovereign Debt Credit Default Swap 48.44 -6.08%
  

• Emerging Markets Sovereign Debt CDS Index 48.34 -13.62%
  

• Israel Sovereign Debt Credit Default Swap 60.18 +.84%

• South Korea Sovereign Debt Credit Default Swap 29.41 -6.33%

• Russia Sovereign Debt Credit Default Swap 130.02 -5.17%

• iBoxx Offshore RMB China Corporate High Yield Index 158.66 +.25%

• 10-Year TIPS Spread 1.95% +3.0 basis points

• TED Spread 20.0 -2.75 basis points

• 2-Year Swap Spread 8.75 -1.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -10.25 -4.25 basis points

• N. America Investment Grade Credit Default Swap Index 59.30 -2.87%

• America Energy Sector High-Yield Credit Default Swap Index 508.0 -6.01%

• European Financial Sector Credit Default Swap Index 75.04 -8.63%
  

• Emerging Markets Credit Default Swap Index 167.98 -1.71%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 180.0 unch.
  

• M1 Money Supply $3.752 Trillion -.73%

• Commercial Paper Outstanding 1,070.50 +.90%

• 4-Week Moving Average of Jobless Claims 229,000 -6,750

• Continuing Claims Unemployment Rate 1.3% +10.0 basis points
  

• Average 30-Year Mortgage Rate 4.35% unch.

• Weekly Mortgage Applications 384.80 +5.3%

• Bloomberg Consumer Comfort 61.0 +1.4 points

• Weekly Retail Sales +5.1% +10.0 basis points

• Nationwide Gas $2.42/gallon +.03/gallon

• Baltic Dry Index 630.0 +3.79%

• China (Export) Containerized Freight Index 850.47 -3.22%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 +9.1%

• Rail Freight Carloads 265,676 -2.92%

Best Performing Style

• Mid-Cap Growth +.2%

Worst Performing Style

• Small-Cap Value -1.7%

Leading Sectors

• Education +3.6%

• Biotech +3.1%

• Coal +2.6%

• Retail +2.0%

• Video Gaming +1.8%

Lagging Sectors

• Steel -2.7% 

• Gaming -3.0%

• Healthcare Providers -3.9%

• Gold & Silver -4.6%%

• Homebuilders -5.6%

Weekly High-Volume Stock Gainers (39)

• PBYI, FTCH, ZS, GPS, APLS, EDIT, THNA, SGMO, FOLD, CORE, PTLA, BOLD, AMC, BE, NTLA, SE, FNKO, LYV, CBAY, TNDM, ICPT, GH, RARE, EB, MBI, SLDB, MYOK, RDUS, QTWO, GTN, NVCR, NSTG, NXST, SSP, VMW, ELAN, SSTK, NLSN and BPMC

Weekly High-Volume Stock Losers (13)

• OLN, CLNC, ATSG, CASH, BNFT, RPT, EBIX, WSR, TPIC, SNH, PEGI, WIFI and NTNX

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Rising into Final Hour on Earnings Outlooks, Yen Weakness, Technical Buying, Biotech/Tech Sector Strength

 Broad Equity Market Tone:

• Advance/Decline Line: Higher
  

• Sector Performance: Mixed
  

• Volume: Above Average

• Market Leading Stocks: Performing In Line

Equity Investor Angst:

• Volatility(VIX) 13.8 -6.5%

• Euro/Yen Carry Return Index 132.22 +.47%

• Emerging Markets Currency Volatility(VXY) 8.31 +.48%

• S&P 500 Implied Correlation 39.19 -2.8%

• ISE Sentiment Index 131.0 +31.0%
  

• Total Put/Call .90 -4.26%

• NYSE Arms 1.21 +6.14%

Credit Investor Angst:

• North American Investment Grade CDS Index 59.15 -1.54%
  

• America Energy Sector High-Yield CDS Index 508.0 +.38%

• European Financial Sector CDS Index 75.72 +2.48%

• Italian/German 10Y Yld Spread 255.0 -2.0 basis points
  

• Asia Ex-Japan Investment Grade CDS Index 69.12 -1.46%
  

• Emerging Market CDS Index 167.96 +1.65%
  

• iBoxx Offshore RMB China Corporate High Yield Index 158.66 +.06%

• 2-Year Swap Spread 9.0 -.5 basis point

• TED Spread 20.0 +.25 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -10.25 -.5 basis point

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 67.97 -.36%
• 3-Month T-Bill Yield 2.43% unch.

• Yield Curve 19.75 -.5 basis point

• China Iron Ore Spot 84.0 USD/Metric Tonne +3.6%

• Citi US Economic Surprise Index -43.40 -13.6 points

• Citi Eurozone Economic Surprise Index -61.60 -2.8 points

• Citi Emerging Markets Economic Surprise Index -18.8 -4.7 points

• 10-Year TIPS Spread 1.96 +2.0 basis points
• 2.1% chance of Fed rate hike at May 1st meeting, 2.0% chance at June 19th meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +143 open in Japan 
• China A50 Futures: Indicating +91 open in China

• DAX Futures: Indicating +27 open in Germany

Portfolio:

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

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

• Market Exposure: Moved to 100% Net Long

Bear Radar

Style Underperformer:

• Mid-Cap Value +.3%

Sector Underperformers:

• 1) Gold & Silver -1.1% 2) Steel -1.1% 3) REITs -.7%

Stocks Falling on Unusual Volume: 

• NTNX, BNFT, WUBA, WES, UVE, DDD, ALRM, GMLP, WSR, CARG, EBIX, TSLA, SNH, WIFI, SQM, WDAY, ATSG, UPWK and NKTR

Stocks With Unusual Put Option Activity:

• 1) GPS 2) AET 3) IMGN 4) NTNX 5) DELL

Stocks With Most Negative News Mentions:

• 1) NTNX 2) XON 3) MAXR 4) WUBA 5) WBA

Charts:

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

Bull Radar

Style Outperformer:

• Small-Cap Growth +1.0%

Sector Outperformers:

• 1) Education +4.4% 2) Biotech +1.8% 3) Medical Equipment +1.6%

Stocks Rising on Unusual Volume:

• FNKO, FTCH, GPS, PBYI, HABT, VFF, ELAN, ZS, AMC, FL, XRAY, LLY, TGNA, SRCL, BIO, ASTE, CAI, GH, NVTR, PTLA, LYV, ACHC, SSP, SKY, BKNG, APLS, EDIT, FOLD, STAA, NTLA, BE, WTW, MAS, MTZ, LB, OSTK, TNDM, ICPT, EE, RDUS, SE, SKY, GTN, EB, NIO, SIEN, BPMC, PS, RUN, NLSN, VMW and SSTK

Stocks With Unusual Call Option Activity:

• 1) GPS 2) NLSN 3) NTNX 4) FL 5) SPLK

Stocks With Most Positive News Mentions:

• 1) PBYI 2) FTCH 3) GPS 4) ZS 5) VMW

Charts:

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

Morning Market Internals

NYSE Composite Index:

• Volume Running +16.6% Above 100-Day Average
• 8 Sectors Rising, 3 Sectors Declining
• 58.4% of Issues Advancing, 38.1% Declining
• 99 New 52-Week Highs, 8 New Lows
• 48.8% of Issues Above 200-day Moving Average
• Average 14-Day RSI 54.7%
• Vix 14.4 -2.9%
• Total Put/Call .88 -6.4%
• TRIN/Arms .95 -16.7%