Weekly Scoreboard*

S&P 500 2,918.65 -.46%

 
























The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 26,287.44 -.75%

• NASDAQ 7,959.14 -.56%

• Russell 2000 1,513.04 -1.34%

• S&P 500 High Beta 40.52 -1.75%

• Goldman 50 Most Shorted 143.19 +.56%

• Wilshire 5000 29,959.66 -.48%

• Russell 1000 Growth 1,596.05 +.05%

• Russell 1000 Value 1,227.91 -.92%

• S&P 500 Consumer Staples 609.05 +.01%

• MSCI Cyclicals-Defensives Spread 1,107.84 -.51%
  

• NYSE Technology 1,884.84 -1.82%

• Transports 10,207.21 -1.61%

• Utilities 826.30 +1.03%

• Bloomberg European Bank/Financial Services 65.92 -3.95%

• MSCI Emerging Markets 40.02 +1.66%

• HFRX Equity Hedge 1,221.26 -.62%

• HFRX Equity Market Neutral 948.33 -.61%

Sentiment/Internals

• NYSE Cumulative A/D Line 363,898 -.12%

• Bloomberg New Highs-Lows Index -17 +109

• Bloomberg Crude Oil % Bulls 52.0 -15.2%

• CFTC Oil Net Speculative Position 387,291 -2.65%

• CFTC Oil Total Open Interest 2,069,072 +.61%

• Total Put/Call 1.0 -10.7%

• OEX Put/Call 1.18 +257.6%

• ISE Sentiment 88.0 +41.9%

• NYSE Arms 1.84 +55.9%

• Volatility(VIX) 17.97 +2.04%

• S&P 500 Implied Correlation 41.77 +1.75%

• G7 Currency Volatility (VXY) 7.80 +8.03%

• Emerging Markets Currency Volatility (EM-VXY) 8.38 +5.41%

• Smart Money Flow Index 15,428.94 +4.19%

• ICI Money Mkt Mutual Fund Assets $3.336 Trillion +1.76%

• ICI Domestic Equity Mutual Fund/ETFs Weekly Flows -$9.045 Billion

• AAII % Bulls 21.7 -43.7%

• AAII % Bears 48.2 +100.3%

Futures Spot Prices

• CRB Index 172.09 -.73%

• Crude Oil 54.40 -1.12%

• Reformulated Gasoline 166.99 -5.43%

• Natural Gas 2.11 -1.31%

• Heating Oil 180.66 -3.54%

• Gold 1,501.80 +3.86%

• Bloomberg Base Metals Index 172.53 +.4%

• Copper 259.40 +1.01%

• US No. 1 Heavy Melt Scrap Steel 288.0 USD/Metric Tonne -.52%

• China Iron Ore Spot 85.0 USD/Metric Tonne -17.5%

• Lumber 352.0 -4.85%

• UBS-Bloomberg Agriculture 867.12 +.64%

Economy

• Atlanta Fed GDPNow Forecast +1.95% -28.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate .1% -10.0 basis points
• Bloomberg US Recession Probability Next 12 Months 34.2% +13.8%

• Philly Fed ADS Real-Time Business Conditions Index -.0404 +17.1%

• US Economic Policy Uncertainty Index 63.71 -24.7%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 175.26 -.05%

• Citi US Economic Surprise Index -30.90 +4.2 points

• Citi Eurozone Economic Surprise Index -54.10 -3.2 points

• Citi Emerging Markets Economic Surprise Index -20.30 +.1 point

• Fed Fund Futures imply 0.0% chance of no change, 100.0% chance of rate cut on 9/18

• US Dollar Index 97.50 -.6%

• MSCI Emerging Markets Currency Index 1,613.28 -.89%

• Bitcoin/USD 11,870.24 +13.56%

• Euro/Yen Carry Return Index 122.90 -.09%

• Yield Curve 10.75 -2.75 basis points
  

• 10-Year US Treasury Yield 1.73% -12.0 basis points

• Federal Reserve's Balance Sheet $3.742 Trillion +.07%

• U.S. Sovereign Debt Credit Default Swap 15.84 +4.07%

• Illinois Municipal Debt Credit Default Swap 184.95 -.01%

• Italian/German 10Y Yld Spread 238.25 +35.5 basis points

• China Sovereign Debt Credit Default Swap 50.66 +9.77%
  

• Brazil Sovereign Debt Credit Default Swap 132.37 +.55%
  

• Israel Sovereign Debt Credit Default Swap 59.86 -1.66%

• South Korea Sovereign Debt Credit Default Swap 32.11 +6.46%

• Russia Sovereign Debt Credit Default Swap 109.17 +5.42%

• iBoxx Offshore RMB China Corporate High Yield Index 164.72 -.18%

• 10-Year TIPS Spread 1.66% unch.

• TED Spread 19.25 +.25 basis point

• 2-Year Swap Spread -1.25 -4.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -12.5 +4.25 basis points

• N. America Investment Grade Credit Default Swap Index 59.10 +4.54%
  

• America Energy Sector High-Yield Credit Default Swap Index 393.0 -25.9%

• European Financial Sector Credit Default Swap Index 71.31 +7.62%
  

• Emerging Markets Credit Default Swap Index 177.98 +4.6%
  

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

• M1 Money Supply $3.871 Trillion -.13%

• Commercial Paper Outstanding 1,139.80 -1.1%

• 4-Week Moving Average of Jobless Claims 212,250 +250

• Continuing Claims Unemployment Rate 1.2% unch.
  

• Average 30-Year Mortgage Rate 3.60% -15.0 basis points

• Weekly Mortgage Applications 509.80 +5.33%

• Bloomberg Consumer Comfort 62.9 -1.8 points

• Weekly Retail Sales +4.80% +10.0 basis points

• Nationwide Gas $2.67/gallon -.05/gallon

• Baltic Dry Index 1,720 -3.8%

• China (Export) Containerized Freight Index 817.64 -.65%

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

• Rail Freight Carloads 275,119 +.85%

Best Performing Style

• Mid-Cap Growth +.7%

Worst Performing Style

• Small-Cap Value -1.5%

Leading Sectors

• Gold & Silver +5.7%

• Restaurants +2.4%

• Education +2.1%

• Hombuilding +1.7%

• Defense +1.4%

Lagging Sectors

• Banks -3.5% 

• I-Banks -4.2%

• Computer Services -4.7%

• Steel -4.8%

• Oil Service -9.5%

Weekly High-Volume Stock Gainers (8)

• OSTK, APPN, OMER, AMAG, YELP, CVNA, SONO and LAUR

Weekly High-Volume Stock Losers (25)

• STAY, ENV, UBNT, RVLV, REAL, QNST, DXC, NKTR, MNST, AVT, ARNA, GPK, SRPT, KHC, NYT, Z, ZG, CDNA, ADVM, TSE, SSP, AAXN, RUN, DBX and MAT

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Lower into Final Hour on China Trade Deal Concerns, European Debt Angst, Technical Selling, Retail/Airline Sector Weakness

 Broad Equity Market Tone:

• Advance/Decline Line: Lower
  

• Sector Performance: Most Sectors Declining
  

• Volume: Around Average

• Market Leading Stocks: Performing In Line

Equity Investor Angst:

• Volatility(VIX) 17.9 +6.0%

• Euro/Yen Carry Return Index 122.85 -.23%

• Emerging Markets Currency Volatility(VXY) 8.35 +.36%

• S&P 500 Implied Correlation 39.0 -.23%

• ISE Sentiment Index 96.0 +41.2%
  

• Total Put/Call .99 -4.81%

• NYSE Arms 1.63 +158.70%

Credit Investor Angst:

• North American Investment Grade CDS Index 59.15 +1.6%
  

• America Energy Sector High-Yield CDS Index 393.0 -1.95%

• European Financial Sector CDS Index 72.57 +7.6%

• Italian/German 10Y Yld Spread 238.25 +29.0 basis points
  

• Asia Ex-Japan Investment Grade CDS Index 67.38 -1.13%
  

• Emerging Market CDS Index 178.28 +1.87%
  

• iBoxx Offshore RMB China Corporate High Yield Index 164.72 -.16%

• 2-Year Swap Spread -1.25 +1.5 basis points

• TED Spread 19.25 unch.

• 3-Month EUR/USD Cross-Currency Basis Swap -12.5 -1.0 basis point

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 66.26 -.27%
• 3-Month T-Bill Yield 1.99% -2.0 basis points

• Yield Curve 9.75 -.5 basis point

• China Iron Ore Spot 85.23 USD/Metric Tonne -4.32%

• Citi US Economic Surprise Index -30.9 +.7 point

• Citi Eurozone Economic Surprise Index -54.10 -1.1 points

• Citi Emerging Markets Economic Surprise Index -20.3 -.4 point

• 10-Year TIPS Spread 1.66 +1.0 basis point
• 100.0% chance of Fed rate cut at Oct. 30th meeting, 100.0% chance of cut at Dec. 11th meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating -169 open in Japan 
• China A50 Futures: Indicating -45 open in China

• DAX Futures: Indicating +32 open in Germany

Portfolio:

• Slightly Lower: On losses in my tech/biotech/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 -1.1%

Sector Underperformers:

• 1) Airlines -3.2% 2) Steel -3.0% 3) Computer Services -2.9%

Stocks Falling on Unusual Volume: 

• NKTR, FTCH, DXC, QNST, PUMP, ALTR, STML, AAXN, DBX, AMRN, GH, AVT, ZG, UBNT, UBER and REAL

Stocks With Unusual Put Option Activity:

• 1) TXMD 2) UNIT 3) CARS 4) BKLN 5) DBX

Stocks With Most Negative News Mentions:

• 1) NKTR 2) GDOT 3) VRAY 4) TRUE 5) DXC

Charts:

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

Bull Radar

Style Outperformer:

• Large-Cap Value -1.1%

Sector Outperformers:

• 1) Education +.6% 2) Restaurants +.3% 3) Utilities unch.

Stocks Rising on Unusual Volume:

• WAIR, PRMW, YELP, CHUY, PBYI, GDOT, CUTR, CYRX, RBA, SAFE, NVRO, APPN, PETQ, TRHC, ELY, USCR, EIDX, TTD, ICUI, OMER, BIS, OSTK, UEIC, SEDG, EPAY, OSTK, PCTY, LAUR, SONO, EPAY, TLND and USCR

Stocks With Unusual Call Option Activity:

• 1) VIAB 2) APC 3) YELP 4) DBX 5) TTD

Stocks With Most Positive News Mentions:

• 1) CVNA 2) AVGO 3) ELY 4) DPLO 5) TGLS

Charts:

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