Weekly Scoreboard*

S&P 500 2,886.74 -1.06%

 
























The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 25,825.94 -1.67%

• NASDAQ 7,891.34 -.79%

• Russell 2000 1,493.31 -1.27%

• S&P 500 High Beta 39.72 -2.0%

• Goldman 50 Most Shorted 140.12 -2.04%

• Wilshire 5000 29,606.43 -1.16%

• Russell 1000 Growth 1,584.41 -.78%

• Russell 1000 Value 1,209.74 -1.48%

• S&P 500 Consumer Staples 617.78 +1.38%

• MSCI Cyclicals-Defensives Spread 1,095.26 -1.13%
  

• NYSE Technology 1,897.71 +.12%

• Transports 9,969.38 -2.33%

• Utilities 830.43 +.44%

• Bloomberg European Bank/Financial Services 64.81 -1.68%

• MSCI Emerging Markets 39.81 -.52%

• HFRX Equity Hedge 1,225.36 -.08%

• HFRX Equity Market Neutral 947.75 +.02%

Sentiment/Internals

• NYSE Cumulative A/D Line 361,566 -.96%

• Bloomberg New Highs-Lows Index -749 -732

• Bloomberg Crude Oil % Bulls 25.0 -51.9%

• CFTC Oil Net Speculative Position 375,641 -3.01%

• CFTC Oil Total Open Interest 2,070,210 +.06%

• Total Put/Call 1.1 +22.0%

• OEX Put/Call 1.16 unch.

• ISE Sentiment 94.0 -23.9%

• NYSE Arms .49 -71.2%

• Volatility(VIX) 18.92 +3.06%

• S&P 500 Implied Correlation 47.16 +11.1%

• G7 Currency Volatility (VXY) 7.87 +3.72%

• Emerging Markets Currency Volatility (EM-VXY) 8.77 +5.97%

• Smart Money Flow Index 13,882.59 -3.54%

• ICI Money Mkt Mutual Fund Assets $3.354 Trillion +.54%

• ICI Domestic Equity Mutual Fund/ETFs Weekly Flows -$19.586 Billion

• AAII % Bulls 23.2 +7.0%

• AAII % Bears 44.9 -7.0%

Futures Spot Prices

• CRB Index 170.19 -1.01%

• Crude Oil 54.72 +1.22%

• Reformulated Gasoline 165.57 -.34%

• Natural Gas 2.19 +2.40%

• Heating Oil 181.43 +1.25%

• Gold 1,518.50 +.79%

• Bloomberg Base Metals Index 172.52 -.01%

• Copper 259.30 -.13%

• US No. 1 Heavy Melt Scrap Steel 286.0 USD/Metric Tonne -.69%

• China Iron Ore Spot 87.85 USD/Metric Tonne -3.34%

• Lumber 358.90 +2.90%

• UBS-Bloomberg Agriculture 839.38 -3.38%

Economy

• Atlanta Fed GDPNow Forecast +2.23% +28.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate -.5% -60.0 basis points
• Bloomberg US Recession Probability Next 12 Months 35.0% +2.5%

• Philly Fed ADS Real-Time Business Conditions Index -.2539 +4.94%

• US Economic Policy Uncertainty Index 159.46 +30.30%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 175.20 -.03%

• Citi US Economic Surprise Index -17.60 +13.3 points

• Citi Eurozone Economic Surprise Index -63.60 -9.5 points

• Citi Emerging Markets Economic Surprise Index -23.30 -3.0 points

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

• US Dollar Index 98.20 +1.22%

• MSCI Emerging Markets Currency Index 1,606.35 -.31%

• Bitcoin/USD 10,490.55 -12.7%

• Euro/Yen Carry Return Index 122.42 -.40%

• Yield Curve 6.25 -4.5 basis points
  

• 10-Year US Treasury Yield 1.55% -18.0 basis points

• Federal Reserve's Balance Sheet $3.747 Trillion +.12%

• U.S. Sovereign Debt Credit Default Swap 15.32 -3.22%

• Illinois Municipal Debt Credit Default Swap 184.83 -.06%

• Italian/German 10Y Yld Spread 208.0 -30.25 basis points

• China Sovereign Debt Credit Default Swap 51.71 +.6%
  

• Brazil Sovereign Debt Credit Default Swap 138.95 +4.9%
  

• Israel Sovereign Debt Credit Default Swap 60.68 +1.38%

• South Korea Sovereign Debt Credit Default Swap 32.17 +1.60%

• Russia Sovereign Debt Credit Default Swap 101.82 -5.45%

• iBoxx Offshore RMB China Corporate High Yield Index 164.64 -.05%

• 10-Year TIPS Spread 1.56% -10 basis points

• TED Spread 24.0 +5.25 basis points

• 2-Year Swap Spread 1.75 +3.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -11.75 +.75 basis point

• N. America Investment Grade Credit Default Swap Index 58.97 +.48%
  

• America Energy Sector High-Yield Credit Default Swap Index 428.0 +9.15%

• European Financial Sector Credit Default Swap Index 68.50 -4.2%
  

• Emerging Markets Credit Default Swap Index 204.06 +14.4%
  

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

• M1 Money Supply $3.883 Trillion +.31%

• Commercial Paper Outstanding 1,134.60 -.5%

• 4-Week Moving Average of Jobless Claims 213,750 +1,500

• Continuing Claims Unemployment Rate 1.2% unch.
  

• Average 30-Year Mortgage Rate 3.60% unch.

• Weekly Mortgage Applications 620.40 +21.7%

• Bloomberg Consumer Comfort 61.2 -1.7 points

• Weekly Retail Sales +4.40% -40.0 basis points

• Nationwide Gas $2.64/gallon -.03/gallon

• Baltic Dry Index 2,047 +17.1%

• China (Export) Containerized Freight Index 830.18 +1.53%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 25.0 +25.0%

• Rail Freight Carloads 271,996 -1.14%

Best Performing Style

• Large-Cap Growth -.8%

Worst Performing Style

• Small-Cap Value -1.8%

Leading Sectors

• Coal +5.0%

• Tobacco +3.0%

• Disk Drives +1.3%

• Papers +1.1%

• Utilities +.6%

Lagging Sectors

• Banks -3.0% 

• Retail -3.9%

• Agriculture -4.2%

• Oil Service -5.0%

• Airlines -5.6%

Weekly High-Volume Stock Gainers (5)

• ZYXI, APPN, EB, CBLK and CYRX

Weekly High-Volume Stock Losers (4)

• DDS, CVET, ADS and TRUP

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Rising into Afternoon Hour on Earnings Optimism, Less European/Emerging Markets/US High-Yield Debt Angst, Short-Covering, Retail/Financial Sector Strength

 Broad Equity Market Tone:

• Advance/Decline Line: Substantially Higher
  

• Sector Performance: Almost Every Sector Rising
  

• Volume: Around Average

• Market Leading Stocks: Outperforming

Equity Investor Angst:

• Volatility(VIX) 19.0 -10.5%

• Euro/Yen Carry Return Index 122.46 +.04%

• Emerging Markets Currency Volatility(VXY) 8.78 -1.24%

• S&P 500 Implied Correlation 47.58 -3.7%

• ISE Sentiment Index 92.0 +13.6%
  

• Total Put/Call 1.10 -5.2%

• NYSE Arms .50 -64.0%

Credit Investor Angst:

• North American Investment Grade CDS Index 59.05 -4.79%
  

• America Energy Sector High-Yield CDS Index 428.0 +1.11%

• European Financial Sector CDS Index 68.10 -5.37%

• Italian/German 10Y Yld Spread 208.0 +3.5 basis points
  

• Asia Ex-Japan Investment Grade CDS Index 68.76 -3.0%
  

• Emerging Market CDS Index 204.24 -2.4%
  

• iBoxx Offshore RMB China Corporate High Yield Index 164.64 -.01%

• 2-Year Swap Spread 1.75 +.75 basis point

• TED Spread 23.0 +1.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -11.75 +4.5 basis points

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 65.75 +.17%
• 3-Month T-Bill Yield 1.87% -2.0 basis points

• Yield Curve 6.0 +2.75 basis points

• China Iron Ore Spot 87.85 USD/Metric Tonne +1.19%

• Citi US Economic Surprise Index -17.6 -4.9 points

• Citi Eurozone Economic Surprise Index -63.60 +.5 point

• Citi Emerging Markets Economic Surprise Index -23.3 -2.3 points

• 10-Year TIPS Spread 1.55 unch.
• 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 +122 open in Japan 
• China A50 Futures: Indicating -2 open in China

• DAX Futures: Indicating -20 open in Germany

Portfolio:

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

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

• Market Exposure: Moved to 75% Net Long

Bear Radar

Style Underperformer:

• Large-Cap Growth +1.4%

Sector Underperformers:

• 1) Gold & Silver -1.0% 2) Utilities +.1% 3) Restaurants +.4%

Stocks Falling on Unusual Volume: 

• ADS, DDS, TRUP, DVA, PII, AMAT, CVET, GLOB, SSL, UGLD, ALEC, VGLT, SKM, TLRY, TPTX, KL, ISRG, HXL, USLV, RYAAY, PTLA and INSP

Stocks With Unusual Put Option Activity:

• 1) GPS 2) SFIX 3) AMAT 4) LEN 5) DE

Stocks With Most Negative News Mentions:

• 1) SAEX 2) TRUP 3) ADS 4) DDS 5) HXL

Charts:

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

Bull Radar

Style Outperformer:

• Small-Cap Value +2.0%

Sector Outperformers:

• 1) Oil Service +3.2% 2) Banks +2.5% 3) Retail +2.3%

Stocks Rising on Unusual Volume:

• CONE, DZSI, ADUS, PAGS, NVDA, EXEL, TPR, KTOS, TDOC, ZYXI and APPN

Stocks With Unusual Call Option Activity:

• 1) DISCA 2) CBS 3) WAB 4) HPE 5) SGMS

Stocks With Most Positive News Mentions:

• 1) SLDB 2) NVDA 3) TJX 4) DE 5) AMD

Charts:

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