Weekly Scoreboard*

S&P 500 3,023.57 +1.25%

 























The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 26,976.40 +.72%

• NASDAQ 8,240.53 +1.83%

• Russell 2000 1,561.25 +1.72%

• S&P 500 High Beta 42.49 +3.18%

• Goldman 50 Most Shorted 152.50 +4.95%

• Wilshire 5000 30,939.33 +1.29%

• Russell 1000 Growth 1,636.36 +1.06%

• Russell 1000 Value 1,278.26 +1.54%

• S&P 500 Consumer Staples 627.59 +.47%

• MSCI Cyclicals-Defensives Spread 1,110.84 -.32%
  

• NYSE Technology 1,952.90 +1.78%

• Transports 10,845.0 +3.15%

• Utilities 866.38 -.07%

• Bloomberg European Bank/Financial Services 75.57 +1.72%

• MSCI Emerging Markets 42.56 +1.22%

• HFRX Equity Hedge 1,247.95 +.20%

• HFRX Equity Market Neutral 968.92 +.15%

Sentiment/Internals

• NYSE Cumulative A/D Line 379,215 +.75%

• Bloomberg New Highs-Lows Index 178 +109

• Bloomberg Crude Oil % Bulls 33.3 unch.

• CFTC Oil Net Speculative Position 356,884 +.51%

• CFTC Oil Total Open Interest 2,136,717 +1.47%

• Total Put/Call .84 -12.2%

• OEX Put/Call .34 -12.8%

• ISE Sentiment 82.0 +3.2%

• NYSE Arms .76 -16.5%

• Volatility(VIX) 12.8 -8.6%

• S&P 500 Implied Correlation 29.55 -9.27%

• G7 Currency Volatility (VXY) 5.92 -4.36%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.16 -7.9%

• Smart Money Flow Index 14,314.35 -.47%

• ICI Money Mkt Mutual Fund Assets $3.468 Trillion -.04%

• ICI Domestic Equity Mutual Fund/ETFs Weekly Flows +$2.698 Billion

• AAII % Bulls 35.6 +5.9%

• AAII % Bears 28.3 -9.0%

Futures Spot Prices

• CRB Index 178.37 +1.30%

• Crude Oil 56.64 +4.88%

• Reformulated Gasoline 167.19 +2.49%

• Natural Gas 2.30 -2.08%

• Heating Oil 197.82 +1.35%

• Gold 1,508.30 +.85%

• Bloomberg Base Metals Index 177.71 +1.2%

• Copper 268.25 +1.32%

• US No. 1 Heavy Melt Scrap Steel 239.0 USD/Metric Tonne +.42%

• China Iron Ore Spot 86.40 USD/Metric Tonne +3.99%

• Lumber 405.0 +5.73%

• UBS-Bloomberg Agriculture 863.61 -.5%

Economy

• Atlanta Fed GDPNow Forecast +1.76% -5.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate -.2% -60.0 basis points
• Bloomberg US Recession Probability Next 12 Months 35.0% unch.

• Philly Fed ADS Real-Time Business Conditions Index -.1742 +7.83%

• US Economic Policy Uncertainty Index 60.84 +5.1%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 175.99 +.01%

• Citi US Economic Surprise Index 4.9 -3.1 points

• Citi Eurozone Economic Surprise Index -56.10 +10.9 points

• Citi Emerging Markets Economic Surprise Index -19.50 +.1 point

• Fed Fund Futures imply 9.6% chance of no change, 90.4% chance of rate cut on 10/30

• US Dollar Index 97.82 +.73%

• MSCI Emerging Markets Currency Index 1,634.61 +.50%

• Bitcoin/USD 8,614.50 +6.96%

• Euro/Yen Carry Return Index 125.01 -.61%

• Yield Curve 18.0 +1.0 basis point
  

• 10-Year US Treasury Yield 1.80%+6.0 basis points

• Federal Reserve's Balance Sheet $3.930 Trillion +.06%

• U.S. Sovereign Debt Credit Default Swap 14.49 +3.2%

• Illinois Municipal Debt Credit Default Swap 184.09 -1.27%
  

• Italian/German 10Y Yld Spread 131.5 +.75 basis point

• China Sovereign Debt Credit Default Swap 38.68 -5.1%
  

• Brazil Sovereign Debt Credit Default Swap 119.14 -8.18%
  

• Israel Sovereign Debt Credit Default Swap 56.08 +.22%

• South Korea Sovereign Debt Credit Default Swap 29.86 -3.88%

• Russia Sovereign Debt Credit Default Swap 73.46 -3.3%

• iBoxx Offshore RMB China Corporate High Yield Index 166.90 +.12%

• 10-Year TIPS Spread 1.65% +5.0 basis points

• TED Spread 27.5 -3.0 basis points

• 2-Year Swap Spread 2.75 -2.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -23.25 -3.25 basis points

• N. America Investment Grade Credit Default Swap Index 53.53 -2.79%
  

• America Energy Sector High-Yield Credit Default Swap Index 497.0 +2.29%

• European Financial Sector Credit Default Swap Index 60.21 -4.2%
  

• Emerging Markets Credit Default Swap Index 191.05 -5.27%
  

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

• M1 Money Supply $3.945 Trillion +1.51%

• Commercial Paper Outstanding 1,088.0 +.80%

• 4-Week Moving Average of Jobless Claims 215,000 +250

• Continuing Claims Unemployment Rate 1.2% unch.
  

• Average 30-Year Mortgage Rate 3.75% +6.0 basis points

• Weekly Mortgage Applications 515.90 -11.89%

• Bloomberg Consumer Comfort 63.4 -.1 point

• Weekly Retail Sales +4.20% +10.0 basis points

• Nationwide Gas $2.62/gallon -.04/gallon

• Baltic Dry Index 1,785 -3.77%

• China (Export) Containerized Freight Index 777.36 +.06%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 65.0 -23.5%

• Rail Freight Carloads 262,379 -1.74%

Best Performing Style

• Small-Cap Value +2.0%

Worst Performing Style

• Large-Cap Growth +1.1%

Leading Sectors

• Steel +7.1%

• Oil Service +6.7%

• Energy +5.5%

• Road & Rail +4.8%

• Computer Hardware +4.2%

Lagging Sectors

• Medical Equipment -1.4% 

• Telecom -1.5%

• Social Media -1.6%

• Foods -1.7%

• Restaurants -3.9%

Weekly High-Volume Stock Gainers (23)

• BJRI, MHK, IPOA, FIX, HEES, TSLA, TILE, INTC, SPSC, ITW, FCX, EAT, CLW, AAL, CAT, PSX, DPZ, CTB, SAIA, ICHR, DLX, CTB, CFX and APY

Weekly High-Volume Stock Losers (10)

• SERV, DECK, UHS, CUBE, VFC, OMCL, DRQ, TNET, MXL and VCRA

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 Optimism, China Trade Deal Hopes, Short-Coveruing, Tech/Transport Sector Strength

 Broad Equity Market Tone:

• Advance/Decline Line: Higher
  

• Sector Performance: Most Sectors Rising
  

• Volume: Around Average

• Market Leading Stocks: Outperforming

Equity Investor Angst:

• Volatility(VIX) 13.2 -4.1%

• Euro/Yen Carry Return Index 125.04 -.15%

• Emerging Markets Currency Volatility(VXY) 7.16 -2.98%

• S&P 500 Implied Correlation 30.9 -6.0%

• ISE Sentiment Index 76.0 +1.2%
  

• Total Put/Call .84 +9.1%

• NYSE Arms .83 -46.5%

Credit Investor Angst:

• North American Investment Grade CDS Index 53.67 -1.4%
  

• America Energy Sector High-Yield CDS Index 496.0 -.18%

• European Financial Sector CDS Index 57.63 -.65%

• Italian/German 10Y Yld Spread 131.5 +.5 basis point
  

• Asia Ex-Japan Investment Grade CDS Index 68.29 -1.15%
  

• Emerging Market CDS Index 191.17 -2.19%
  

• iBoxx Offshore RMB China Corporate High Yield Index 166.90 -.03%

• 2-Year Swap Spread 2.75 -.75 basis point

• TED Spread 27.5 -1.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -23.0 -.25 basis point

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 66.22 +.16%
• 3-Month T-Bill Yield 1.66% unch.

• Yield Curve .18 unch.

• China Iron Ore Spot 86.40 USD/Metric Tonne +.9%

• Citi US Economic Surprise Index 4.9 -.7 point

• Citi Eurozone Economic Surprise Index -56.1 +1.2 points

• Citi Emerging Markets Economic Surprise Index -19.50 +1.4 basis points

• 10-Year TIPS Spread 1.65 +3.0 basis points
• 93.3% chance of Fed rate cut at Dec. 11th meeting, 95.4% chance of cut at Jan. 29th meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +41 open in Japan 
• China A50 Futures: Indicating +31 open in China

• DAX Futures: Indicating -9 open in Germany

Portfolio:

• Higher: On gains in my tech/retail/industrial 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) Utilities -1.3% 2) REITs -.8% 3) Insurance -.7%

Stocks Falling on Unusual Volume: 

• GILD, PFG, APA, VFC, PRO, ALB, DRQ, FCN, CASH, ILMN, MXL and GVA

Stocks With Unusual Put Option Activity:

• 1) FSLR 2) GIS 3) ILMN 4) KEX 5) NWL

Stocks With Most Negative News Mentions:

• 1) PCG 2) VCRA 3) HEXO 4) APA 5) ALB

Charts:

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

Bull Radar

Style Outperformer:

• Small-Cap Growth +.8%

Sector Outperformers:

• 1) Steel +3.3% 2) Semis +1.9% 3) Airlines +1.9%

Stocks Rising on Unusual Volume:

• ANIK, BOOM, ROCK, BJRI, AMAG, RMD, MHK, ENVA, B, HEES, TILE, CHTR, INTC, GT, SPSC, FIX, FCX, LBRDK, CURO, VC, ITW, SIVB, PSX, TSLA, KOD, LRN, DLX, ICPT, ALK, DPZ, AIMT, OIS, NVDA, MRTX, AAL, EAT, CAT, IPOA, VRSN, CAKE, JNPR, CLW, TRN, SAIA, FITB and RS

Stocks With Unusual Call Option Activity:

• 1) ILMN 2) GT 3) FLEX 4) INTC 5) TIF

Stocks With Most Positive News Mentions:

• 1) CHTR 2) INTC 3) JNPR 4) PSX 5) ITW

Charts:

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