Weekly Scoreboard*

S&P 500 3,223.29 +1.71%

The Weekly Wrap by Briefing.com.

 
Indices

• DJIA 28,499.13 +1.28%

• NASDAQ 8,925.55 +2.2%

• Russell 2000 1,671.13 +2.09%

• S&P 500 High Beta 46.58 +2.74%

• Goldman 50 Most Shorted 155.66 +1.51%

• Wilshire 5000 32,973.38 +1.75%

• Russell 1000 Growth 1,764.0 +1.94%

• Russell 1000 Value 1,347.38 +1.53%

• S&P 500 Consumer Staples 651.11 +1.38%

• MSCI Cyclicals-Defensives Spread 1,118.51 -.24%
  

• NYSE Technology 2,151.44 +3.21%

• Transports 10,880.16 +.97%

• Utilities 879.80 +2.25%

• Bloomberg European Bank/Financial Services 79.22 +1.64%

• MSCI Emerging Markets 44.53 +.35%

• HFRX Equity Hedge 1,269.72 -.1%

• HFRX Equity Market Neutral 967.15 +.08%

Sentiment/Internals

• NYSE Cumulative A/D Line 391,821 +1.17%

• Bloomberg New Highs-Lows Index 630 -412

• Bloomberg Crude Oil % Bulls 32.3 -24.7%

• CFTC Oil Net Speculative Position 495,539 +15.8%

• CFTC Oil Total Open Interest 2,229,813 +3.1%

• Total Put/Call .76 -31.48%

• OEX Put/Call .34 -12.82%

• ISE Sentiment 82.0 -14.0 points

• NYSE Arms .71 -53.99%

• Volatility(VIX) 12.4 -1.27%

• S&P 500 Implied Correlation 42.94 +.12%

• G7 Currency Volatility (VXY) 5.27 -2.04%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.47 -.92%

• Smart Money Flow Index 14,969,53 -.81%

• ICI Money Mkt Mutual Fund Assets $3.600 Trillion -.54%

• ICI Domestic Equity Mutual Fund/ETFs Weekly Flows -$9.628 Billion

• AAII % Bulls 44.1 +17.2%

• AAII % Bears 20.5 -21.4%

Futures Spot Prices

• CRB Index 185.04 +.57%

• Crude Oil 60.34 +.70%

• Reformulated Gasoline 170.40 +2.86%

• Natural Gas 2.33 +.74%

• Heating Oil 202.18 +2.03%

• Gold 1,481.70 +.07%

• Bloomberg Base Metals Index 176.66 +.31%

• Copper 280.10 +.59%

• US No. 1 Heavy Melt Scrap Steel 295.0 USD/Metric Tonne +.34%

• China Iron Ore Spot 91.90 USD/Metric Tonne -.44%

• Lumber 413.90 +2.69%

• UBS-Bloomberg Agriculture 882.68 +.98%

Economy

• Atlanta Fed GDPNow Forecast +2.34% +39.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate +2.2% unch.
• Bloomberg US Recession Probability Next 12 Months 30.0% unch.

• Philly Fed ADS Real-Time Business Conditions Index -.2374 -1.49%

• US Economic Policy Uncertainty Index 437.38 +265.76%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 176.63 +.06%

• Citi US Economic Surprise Index -7.6 +1.9 points

• Citi Eurozone Economic Surprise Index 16.3 +25.3 points

• Citi Emerging Markets Economic Surprise Index -16.20 +6.4 points

• Fed Fund Futures imply 95.7% chance of no change, 0.0% chance of rate cut on 1/29

• US Dollar Index 97.75 +.59%

• MSCI Emerging Markets Currency Index 1,653.56 +.25%

• Bitcoin/USD 7,184.27 -.56%

• Euro/Yen Carry Return Index 125.79 -.4%

• Yield Curve 29.0 +7.0 basis points
  

• 10-Year US Treasury Yield 1.92% +10.0 basis points

• Federal Reserve's Balance Sheet $4.098 Trillion +1.03%

• U.S. Sovereign Debt Credit Default Swap 14.96 +8.96%

• Illinois Municipal Debt Credit Default Swap 162.09 +2.11%
  

• Italian/German 10Y Yld Spread 166.0 +11.25 basis points

• China Sovereign Debt Credit Default Swap 31.49 -9.68%
  

• Brazil Sovereign Debt Credit Default Swap 103.31 +2.42%
  

• Israel Sovereign Debt Credit Default Swap 44.19 -6.34%

• South Korea Sovereign Debt Credit Default Swap 21.97 -11.4%

• Russia Sovereign Debt Credit Default Swap 56.08 +5.86%

• iBoxx Offshore RMB China Corporate High Yield Index 167.20 +.37%

• 10-Year TIPS Spread 1.78% +6.0 basis points

• TED Spread 36.75 +2.5 basis points

• 2-Year Swap Spread 7.75 +4.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -12.25 +1.5 basis points

• N. America Investment Grade Credit Default Swap Index 45.13 -5.54%
  

• America Energy Sector High-Yield Credit Default Swap Index 541.0 -12.13%

• European Financial Sector Credit Default Swap Index 52.45 -1.33%
  

• Emerging Markets Credit Default Swap Index 181.90 -2.13%
  

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

• M1 Money Supply $4.003 Trillion +.77%

• Commercial Paper Outstanding 1,128.8 -.9%

• 4-Week Moving Average of Jobless Claims 225,500 +11,500

• Continuing Claims Unemployment Rate 1.2% unch.
  

• Average 30-Year Mortgage Rate 3.73% unch.

• Weekly Mortgage Applications 505.30 -5.04%

• Bloomberg Consumer Comfort 61.1 -1.0 point

• Weekly Retail Sales +4.8% -20.0 basis points

• Nationwide Gas $2.55/gallon -.04/gallon

• Baltic Dry Index 1,151 -15.1%

• China (Export) Containerized Freight Index 854.37 +2.13%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 65.0 +8.33%

• Rail Freight Carloads 277,299 +3.1%

Best Performing Style

• Small-Cap Value +2.2%

Worst Performing Style

• Mid-Cap Growth +1.5%

Leading Sectors

• Alt Energy +4.2%

• Social Media +3.5%

• Semis +3.3%

• Oil Service +3.3%

• Healthcare Providers +3.2%

Lagging Sectors

• Defense -.1% 

• Restaurants -.1%

• Industrials -.4%

• Gold & Silver -2.0%

• Homebuilding -2.1%

Weekly High-Volume Stock Gainers (28)

• RAD, TXG, DTIL, CRCM, KRTX, RVLV, CLI, MAXR, CYRX, AERI, PING, CRNC, PRMW, XENT, EPZM, AXDX, CPS, RCL, TRHC, SILK, TGNA, IOVA, WDC, TPTX, TAP, IQV, BG and FRTA

Weekly High-Volume Stock Losers (5)

• WNC, ABMD, KMX, DRNA and X

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Rising into Afternoon on Global Growth Optimism, Less European/Emerging Markets Debt Angst, Technical Buying, Tech/Homebuilding Sector Strength

 Broad Equity Market Tone:

• Advance/Decline Line: Modestly Higher
  

• Sector Performance: Almost Every Sector Rising
  

• Volume: Above Average

• Market Leading Stocks: Performing In Line

Equity Investor Angst:

• Volatility(VIX) 12.5 -.16%

• Euro/Yen Carry Return Index 125.82 -.33%

• Emerging Markets Currency Volatility(VXY) 6.47 -.92%

• S&P 500 Implied Correlation 42.71 +3.56%

• ISE Sentiment Index 81.0 -40
  

• Total Put/Call .74 -3.9%

• NYSE Arms .84 -21.5%

Credit Investor Angst:

• North American Investment Grade CDS Index 45.08 -1.43%
  

• America Energy Sector High-Yield CDS Index 541.0 -1.56%

• European Financial Sector CDS Index 52.35 -.87%

• Italian/German 10Y Yld Spread 166.0 +4.25 basis points
  

• Asia Ex-Japan Investment Grade CDS Index 54.01 -2.21%
  

• Emerging Market CDS Index 181.81 -1.04%
  

• iBoxx Offshore RMB China Corporate High Yield Index 167.20 -.08%

• 2-Year Swap Spread 7.25 unch.

• TED Spread 36.75 +1.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -12.5 -2.75 basis points

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 66.27 -.1%
• 3-Month T-Bill Yield 1.56% unch.

• Yield Curve .29 unch.

• China Iron Ore Spot 91.90 USD/Metric Tonne +2.01%

• Citi US Economic Surprise Index -7.6 +.4 basis point

• Citi Eurozone Economic Surprise Index 16.30 +5.6 points

• Citi Emerging Markets Economic Surprise Index -16.2 -.1 basis point

• 10-Year TIPS Spread 1.78 unch.
• 9.2% chance of Fed rate cut at March 18th meeting, 16.5% chance of cut at April 29th meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +30 open in Japan 
• China A50 Futures: Indicating +63 open in China

• DAX Futures: Indicating +2 open in Germany

Portfolio:

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

• Disclosed Trades: None

• Market Exposure: 100% Net Long

Bear Radar

Style Underperformer:

• Small-Cap Value +.4%

Sector Underperformers:

• 1) Gold & Silver -.6% 2) Oil Service -.5% 3) Networking -.5%

Stocks Falling on Unusual Volume: 

• BROG, KMX, IIPR, MIRM, DRNA, X, HIIQ and CAMP

Stocks With Unusual Put Option Activity:

• 1) KMX 2) MET 3) RAD 4) CAG 5) UAA

Stocks With Most Negative News Mentions:

• 1) CAMP 2) MIK 3) X 4) YJ 5) PCG

Charts:

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