Weekly Scoreboard*

S&P 500 2,981.27 +2.01%

 
























The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 26,823.67 +1.73%

• NASDAQ 8,122.37 +1.87%

• Russell 2000 1,508.93 +1.12%

• S&P 500 High Beta 41.63 +3.3%

• Goldman 50 Most Shorted 143.32 +1.99%

• Wilshire 5000 30,504.64 +1.86%

• Russell 1000 Growth 1,634.28 +1.62%

• Russell 1000 Value 1,246.02 +2.28%

• S&P 500 Consumer Staples 628.70 +.90%

• MSCI Cyclicals-Defensives Spread 1,106.20 +1.32%
  

• NYSE Technology 1,969.27 +2.77%

• Transports 10,316.49 +2.01%

• Utilities 847.84 +.20%

• Bloomberg European Bank/Financial Services 67.69 +3.41%

• MSCI Emerging Markets 41.33 +3.73%

• HFRX Equity Hedge 1,234.19 +.27%

• HFRX Equity Market Neutral 946.56 +.19%

Sentiment/Internals

• NYSE Cumulative A/D Line 370,304 +.87%

• Bloomberg New Highs-Lows Index 186 +229

• Bloomberg Crude Oil % Bulls 29.4 -28.9%

• CFTC Oil Net Speculative Position 391,650 -5.5%

• CFTC Oil Total Open Interest 2,003,007 +.01%

• Total Put/Call .93 -24.6%

• OEX Put/Call 1.93 +87.8%

• ISE Sentiment 75.0 +21.31%

• NYSE Arms 1.39 +127.60%

• Volatility(VIX) 15.02 -15.66%

• S&P 500 Implied Correlation 37.57 -14.71%

• G7 Currency Volatility (VXY) 6.90 -12.55%

• Emerging Markets Currency Volatility (EM-VXY) 8.26 -7.09%

• Smart Money Flow Index 14,602.66 +.98%

• ICI Money Mkt Mutual Fund Assets $3.381 Trillion +.50%

• ICI Domestic Equity Mutual Fund/ETFs Weekly Flows -$5.322 Billion

• AAII % Bulls 28.6 +9.6%

• AAII % Bears 39.5 -6.4%

Futures Spot Prices

• CRB Index 168.61 -1.02%

• Crude Oil 56.56 -.25%

• Reformulated Gasoline 157.43 -.21%

• Natural Gas 2.49 +9.23%

• Heating Oil 189.94 +1.84%

• Gold 1,509.30 -1.24%

• Bloomberg Base Metals Index 175.65 +2.04%

• Copper 262.75 +2.86%

• US No. 1 Heavy Melt Scrap Steel 256.0 USD/Metric Tonne -9.22%

• China Iron Ore Spot 85.35 USD/Metric Tonne -2.37%

• Lumber 354.20 -5.12%

• UBS-Bloomberg Agriculture 810.99 -1.51%

Economy

• Atlanta Fed GDPNow Forecast +1.47%+20.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate -2.9% -80.0 basis points
• Bloomberg US Recession Probability Next 12 Months 35.0% unch.

• Philly Fed ADS Real-Time Business Conditions Index -.2179 +5.51%

• US Economic Policy Uncertainty Index 174.06 -27.3%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 176.15 +.20%

• Citi US Economic Surprise Index 5.40 +16.4 points

• Citi Eurozone Economic Surprise Index -39.30 +2.3 points

• Citi Emerging Markets Economic Surprise Index -14.80 +2.3 points

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

• US Dollar Index 98.36 -.46%

• MSCI Emerging Markets Currency Index 1,603.63 +.51%

• Bitcoin/USD 10,410.34 +8.2%

• Euro/Yen Carry Return Index 122.43 +.94%

• Yield Curve 4.0 +4.0 basis points
  

• 10-Year US Treasury Yield 1.55% +5.0 basis points

• Federal Reserve's Balance Sheet $3.722 Trillion +.04%

• U.S. Sovereign Debt Credit Default Swap 13.34 -9.59%

• Illinois Municipal Debt Credit Default Swap 166.01 -10.1%

• Italian/German 10Y Yld Spread 199.25 -8.75 basis points

• China Sovereign Debt Credit Default Swap 47.23 -8.53%
  

• Brazil Sovereign Debt Credit Default Swap 138.67 -.57%
  

• Israel Sovereign Debt Credit Default Swap 52.59 -1.73%

• South Korea Sovereign Debt Credit Default Swap 28.16 -14.0%

• Russia Sovereign Debt Credit Default Swap 84.81 -14.3%

• iBoxx Offshore RMB China Corporate High Yield Index 165.21 +.16%

• 10-Year TIPS Spread 1.55% +1.0 basis point

• TED Spread 15.25 +.5 basis point

• 2-Year Swap Spread 3.75 +4.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -13.5 -1.0 basis point

• N. America Investment Grade Credit Default Swap Index 51.05 -5.41%
  

• America Energy Sector High-Yield Credit Default Swap Index 417.0 +.75%

• European Financial Sector Credit Default Swap Index 57.22 -6.26%
  

• Emerging Markets Credit Default Swap Index 197.90 -9.17%
  

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

• M1 Money Supply $3.824 Trillion +.35%

• Commercial Paper Outstanding 1,123.80 +.3%

• 4-Week Moving Average of Jobless Claims 216,250 +1,500

• Continuing Claims Unemployment Rate 1.2% unch.
  

• Average 30-Year Mortgage Rate 3.49% -9.0 basis points

• Weekly Mortgage Applications 558.50 -3.07%

• Bloomberg Consumer Comfort 63.4 +.9 point

• Weekly Retail Sales +5.40% +40.0 basis points

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

• Baltic Dry Index 2,499 +5.09%

• China (Export) Containerized Freight Index 823.75 -1.14%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 25.0 -9.09%

• Rail Freight Carloads 273,348 +.70%

Best Performing Style

• Mid-Cap Value +2.3%

Worst Performing Style

• Small-Cap Growth +.8%

Leading Sectors

• Computer Hardware +7.5%

• Oil Service +6.2%

• Semis +5.0%

• Robotics +4.4%

• Shipping +4.2%

Lagging Sectors

• Tobacco -.4% 

• Biotech -.6%

• Education -1.6%

• Gold & Silver -1.8%

• Coal -6.0%

Weekly High-Volume Stock Gainers (12)

• DOCU, LCI, GWRE, LE, ZUMZ, BRC, NAV, REGI, ELAN, IFF, IOTS and IRTC

Weekly High-Volume Stock Losers (5)

• ZS, LOPE, RARE, LYFT and CRWD

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Reversing Higher into Final Hour on Diminshed Global Growth Fears, Fed Rate-Cut Hopes, Oil Gain, Medical/Gaming Sector Strength

 Broad Equity Market Tone:

• Advance/Decline Line: Higher
  

• Sector Performance: Almost Every Sector Rising
  

• Volume: Below Average

• Market Leading Stocks: Performing In Line

Equity Investor Angst:

• Volatility(VIX) 15.1 -7.1%

• Euro/Yen Carry Return Index 122.46 -.07%

• Emerging Markets Currency Volatility(VXY) 8.26 -3.05%

• S&P 500 Implied Correlation 37.36 -5.2%

• ISE Sentiment Index 72.0 -15.3%
  

• Total Put/Call .89 +8.5%

• NYSE Arms 1.38 +112.3%

Credit Investor Angst:

• North American Investment Grade CDS Index 50.99 -2.98%
  

• America Energy Sector High-Yield CDS Index 417.0 -1.56%

• European Financial Sector CDS Index 56.80 -2.83%

• Italian/German 10Y Yld Spread 151.5 -2.25 basis points
  

• Asia Ex-Japan Investment Grade CDS Index 58.64 -1.61%
  

• Emerging Market CDS Index 197.82 -1.25%
  

• iBoxx Offshore RMB China Corporate High Yield Index 165.21 +.04%

• 2-Year Swap Spread 3.75 +5.75 basis points

• TED Spread 15.25 -1.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -13.5 +3.0 basis points

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 65.78 +.35%
• 3-Month T-Bill Yield 1.95% -1.0 basis point

• Yield Curve .04 +1.0 basis point

• China Iron Ore Spot 85.35 USD/Metric Tonne -1.41%

• Citi US Economic Surprise Index 5.4 -2.3 points

• Citi Eurozone Economic Surprise Index -36.90 -2.6 points

• Citi Emerging Markets Economic Surprise Index -14.8 -.2 point

• 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 +41 open in Japan 
• China A50 Futures: Indicating +64 open in China

• DAX Futures: Indicating -6 open in Germany

Portfolio:

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

• Disclosed Trades: None

• Market Exposure: 100% Net Long

Bear Radar

Style Underperformer:

• Large-Cap Growth +.1%

Sector Underperformers:

• 1) Gold & Silver -1.2% 2) Road & Rail -.8% 3) Education -.7%

Stocks Falling on Unusual Volume: 

• DOMO, TPTX, PD, BGNE, CRWD, MRC, SAIC, SY and KFY

Stocks With Unusual Put Option Activity:

• 1) AMLP 2) MOS 3) TLRD 4) DOCU 5) SPXL

Stocks With Most Negative News Mentions:

• 1) DOMO 2) MRC 3) MD 4) HURC 5) BYND

Charts:

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

Bull Radar

Style Outperformer:

• Small-Cap Growth +.5%

Sector Outperformers:

• 1) Shipping +1.2% 2) Insurance +.9% 3) Airlines +.9%

Stocks Rising on Unusual Volume:

• WMS, CCC, DOCU, ZUMZ, LULU, GWRE, AUTL, ACHC, MDP, HOV, IRTC, LCI, GCO, HMC, TM, NX, ORTX, HDB, USLV, CRON, BRC, PANW, ATRC, MMSI, ELAN, ATRC, NAV, WMS, LE, REGI, ADVM and CCC

Stocks With Unusual Call Option Activity:

• 1) DOCU 2) AOBC 3) GEO 4) ADI 5) XME

Stocks With Most Positive News Mentions:

• 1) DOCU 2) LULU 3) GCO 4) BRC 5) K

Charts:

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

Morning Market Internals

NYSE Composite Index:

• Volume Running -9.4% Above 100-Day Average
• 9 Sectors Rising, 2 Sectors Declining
• 60.9% of Issues Advancing, 35.3% Declining
• 135 New 52-Week Highs, 20 New Lows
• 53.3% of Issues Above 200-day Moving Average
• Average 14-Day RSI 49.8%
• Vix 15.6 -4.2%
• Total Put/Call .89 +8.5%
• TRIN/Arms 1.27 +95.9%