Weekly Scoreboard*

S&P 500 3,412.27 -3.09%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Weekly Wrap by Briefing.com.  

Indices

• DJIA 28,241 -2.31%

• NASDAQ 11,321.28 -4.33%

• Russell 2000 1,551.60 -1.76%

• S&P 500 High Beta 44.35 -.85%

• Goldman 50 Most Shorted 170.90 -.34%

• Wilshire 5000 34,815.56 -3.09%

• Russell 1000 Growth 2,182.93 -4.6%

• Russell 1000 Value 1,191.29 -1.67%

• S&P 500 Consumer Staples 669.30 -.93%

• MSCI Cyclicals-Defensives Spread 1,348.59 -.65%
  

• NYSE Technology 3,074.38 -5.27%

• Transports 11,247.26 -.95%

• Utilities 804.82 +.27%

• Bloomberg European Bank/Financial Services 50.61 -2.86%

• MSCI Emerging Markets 44.23 -2.79%

• HFRX Equity Hedge 1,239.98 +.40%

• HFRX Equity Market Neutral 888.06 -.90%

Sentiment/Internals

• NYSE Cumulative A/D Line 419,465 unch.

• Bloomberg New Highs-Lows Index 90 -451

• Crude Oil Commercial Bullish % Net Position -45.64 +.85%

• CFTC Oil Net Speculative Position 500,699 -1.96%

• CFTC Oil Total Open Interest 2,052,448 +.37%

• Total Put/Call 1.06 +51.4%

• OEX Put/Call 1.53 -15.9%

• ISE Sentiment 108.0 +2.0 points

• NYSE Arms .69 +14.8% 
• Bloomberg Global Risk-On/Risk-Off Index -185.0 -797.0 points
  

• Volatility(VIX) 34.1 +48.6%

• S&P 500 Implied Correlation 50.4 +42.4%

• G7 Currency Volatility (VXY) 8.42 -.59%
  

• Emerging Markets Currency Volatility (EM-VXY) 11.27 +2.08%

• Smart Money Flow Index 16,277.29 +1.88%

• ICI Money Mkt Mutual Fund Assets $4.495Trillion -1.0%

• ICI Domestic Equity Mutual Fund/ETFs Weekly Flows -$18.291 Million

• AAII % Bulls 30.8 -3.99%

• AAII % Bears 41.8 +5.4%

Futures Spot Prices

• CRB Index 149.75 -2.77%

• Crude Oil 39.91 -7.6%

• Reformulated Gasoline 117.77 -6.76%

• Natural Gas 2.58 -4.4%

• Heating Oil 115.14 -6.4%

• Gold 1,928.50 -2.1%

• Bloomberg Base Metals Index 186.09 -.79%

• Copper 306.90 +1.76%

• US No. 1 Heavy Melt Scrap Steel 309.0 USD/Metric Tonne +7.67%

• China Iron Ore Spot 123.84 USD/Metric Tonne +4.73%

• Lumber 641.50 -30.0%

• UBS-Bloomberg Agriculture 862.09 +.18%

Economy

• Atlanta Fed GDPNow Forecast +29.6% +.7 percentage point

• ECRI Weekly Leading Economic Index Growth Rate .7% +1.5 percentage points
  
• Bloomberg US Recession Probability Next 12 Months 100.0% unch.

• NY Fed Real-Time Weekly Economic Index -4.41 +17.0%

• US Economic Policy Uncertainty Index 236.86 -32.95%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 153.72 +.46%

• Citi US Economic Surprise Index 191.80 -50.7 points

• Citi Eurozone Economic Surprise Index 96.60 -55.3 points

• Citi Emerging Markets Economic Surprise Index 15.3 -9.7 points

• Fed Fund Futures imply 100.0% chance of no change, 0.0% chance of rate hike on 9/16

• US Dollar Index 92.84 +.61%

• MSCI Emerging Markets Currency Index 1,630.60 +.24%

• Bitcoin/USD 10,413.04 -9.52%

• Euro/Yen Carry Return Index 130.32 +.3%

• Yield Curve 55.5 -4.0 basis points
  

• 10-Year US Treasury Yield .70% -2.0 basis points

• Federal Reserve's Balance Sheet $6.977 Trillion +.38%

• U.S. Sovereign Debt Credit Default Swap 18.15 +.06%

• Illinois Municipal Debt Credit Default Swap 299.82 +1.64%
  

• Italian/German 10Y Yld Spread 148.75 +3.5 basis points
  

• China Sovereign Debt Credit Default Swap 35.04 -.53%
  

• Brazil Sovereign Debt Credit Default Swap 206.90 -4.3%
  

• Israel Sovereign Debt Credit Default Swap 55.58 +.01%

• South Korea Sovereign Debt Credit Default Swap 22.31 -3.62%

• Russia Sovereign Debt Credit Default Swap 101.55 +.78%

• iBoxx Offshore RMB China Corporate High Yield Index 177.75 +.09%

• 10-Year TIPS Spread 1.69% -9.0 basis points

• TED Spread 14.5 unch.

• 2-Year Swap Spread 8.75 -.25 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -5.5 -.75 basis point

• N. America Investment Grade Credit Default Swap Index 67.55 1.41%
  

• America Energy Sector High-Yield Credit Default Swap Index 450.0 +.55%

• European Financial Sector Credit Default Swap Index 60.0 -1.16%
  

• Emerging Markets Credit Default Swap Index 169.62 -3.2%
  

• MBS 5/10 Treasury Spread 85.25 -8.75 basis points
• Markit CMBX BBB-6 68.16 unch.

• M1 Money Supply $5.369 Trillion +.56%

• Commercial Paper Outstanding 1,011.6 +.5%

• 4-Week Moving Average of Jobless Claims 991,750 -7.3%

• Continuing Claims Unemployment Rate 9.1% -80.0 basis points
  

• Average 30-Year Mortgage Rate 2.93% -2.0 basis points

• Weekly Mortgage Applications 755.10 -2.01%

• Bloomberg Consumer Comfort 45.1 +.8 point

• Weekly Retail Sales -.3% +160.0 basis points

• Nationwide Gas $2.23/gallon unch.

• Baltic Dry Index 1,395.0 -7.25%

• China (Export) Containerized Freight Index 922.0 +1.85%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 17.50 -12.5%
• Truckstop.com Market Demand Index 98.56 +7.3%

• Rail Freight Carloads 282,604 -.87%

Best Performing Style

• Mid-Cap Value -1.2%

Worst Performing Style

• Large-Cap Growth -4.7%

Leading Sectors

• Utilities +.6%

• Steel +.5%

• Banks +.3%

• Insurance +.1%

• Agriculture -.3%

Lagging Sectors

• Internet -5.3% 

• Energy -5.3%

• Networking -6.5%

• Software -7.2%

• Alt Energy -7.3%

Weekly High-Volume Stock Gainers (9)

• LIND, DLTH, NAV, GOGO, FVAC, BLMN, TTC, CCL and AVGO
  

Weekly High-Volume Stock Losers (51)

• OMER, PANW, AMZN, FOXF, UCTT, KLAC, CYTK, BCEL, ADSK, TDOC, POOL, OKTA, DXCM, ADBE, NOW, MDB, BILL, TER, RNG, ICHR, NET, CUE, SQ, CRM, TWST, SPWH, RUN, SDGR, VSLR, W, CVNA, IIPR, NOVA, STMP, COUP, LMND, EDIT, YEXT, MDLA, PRTS, OSTK, ZUO, WLL, BE, BEAM and FLGT
  

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

 

Stocks Lower into Afernoon on Rising China Tensions, Higher Long-Term Rates, Technical Selling, Tech/Alt Energy Sector Weakness

 Broad Equity Market Tone:

• Advance/Decline Line: Substantially Lower
  

• Sector Performance: Almost Every Sector Declining
  

• Volume: Around Average

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 34.6 +2.8%
• Bloomberg Global Risk On/Risk Off Index -230.0 -108.0 points

• Euro/Yen Carry Return Index 130.37 -.02%

• Emerging Markets Currency Volatility(VXY) 11.27 +.45%

• S&P 500 Implied Correlation 52.7 +8.1%

• ISE Sentiment Index 107.0 +19.0 points

• Total Put/Call 1.05 +9.4%

• NYSE Arms .70 -10.3%

Credit Investor Angst:

• North American Investment Grade CDS Index 657.55 +3.32%
  

• US Energy High-Yield OAS 761.92 +.31%

• European Financial Sector CDS Index 60.11 +.84%

• Italian/German 10Y Yld Spread 146.5 +2.25 basis points
  

• Asia Ex-Japan Investment Grade CDS Index  58.24 +2.09%
  

• Emerging Market CDS Index 169.67 +1.90%
  

• iBoxx Offshore RMB China Corporate High Yield Index 177.75 +.07%

• 2-Year Swap Spread 8.75 -1.0 basis point

• TED Spread 14.5 -.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -5.5 -.25 basis point
  
• MBS  5/10 Treasury Spread  84.5 -4.5 basis points
  
• IHS Markit CMBX BBB- 6 68.25 unch.

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 60.62 -.17%
• 3-Month T-Bill Yield .10% unch.

• Yield Curve 50.75 -1.75 basis points
  

• China Iron Ore Spot 123.84 USD/Metric Tonne +.71%

• Citi US Economic Surprise Index 191.80 -1.5 points

• Citi Eurozone Economic Surprise Index 96.60 -3.9 points

• Citi Emerging Markets Economic Surprise Index 15.3 +2.9 points

• 10-Year TIPS Spread 1.68 +2.0 basis points
• 100.0% chance of no change at Nov. 5th meeting, 100.0% chance of no change at Dec. 16th meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating -80 open in Japan 
• China A50 Futures: Indicating -60 open in China

• DAX Futures: Indicating +37 open in Germany

Portfolio:

• Higher: On gains in my industrial sector longs, index hedges and emerging markets shorts
  

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

• Market Exposure: Moved to 50% Net Long

 

Bear Radar

Style Underperformer:

• Mid-Cap Growth -3.1%

Sector Underperformers:

• 1) Internet -3.2% 2) Software -2.9% 3) Alt Energy -2.3%

Stocks Falling on Unusual Volume: 

• OKTA, FOXF, DPHC, CRWD, CHWY, ADBE, RVNC, LCA, PTON, UCTT, RNG, FSLY, SWBI, FEAC, PSNL, GRAF, MTSI, TDOC, TWLO, BL, INSG, TER, CUE, ZM, NVDA, PZZA, NET, TWST, NTLA, SLQT, VEEV, W, DXCM, AYX, CRM, ETSY, LGIH, TTD, CVNA, VSLR, SPWH, MDB, SDGR, PD, SQ, RUN, UPLD, APPS, ICHR, IIPR, NOVA, COUP, YEXT, OSTK, STMP, EDIT, PYPL, PRTS, TWOU, LMND, ZS, BEAM, MDLA, SHLL, BE, DOCU, WLL, BLUE, ZUO, NVTA, TGTX, FLGT
  

Stocks With Unusual Put Option Activity:

• 1) ANGI 2) TRGP 3) SVXY 4) XBI 5) IWF
  

Stocks With Most Negative News Mentions:

• 1) OXM 2) MOMO 3) TWTR 4) GOOG  5) W
  

Charts:

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

 

Bull Radar

Style Outperformer:

• Small-Cap Value -.9%

Sector Outperformers:

• 1) Gaming +.9% 2) Banks +.6% 3) Steel -.1%

Stocks Rising on Unusual Volume:

• DOMO, DLTH, COO, BLMN and LIND
  

Stocks With Unusual Call Option Activity:

• 1) AKBA 2) AM 3) VUZI 4) LYB 5) TECS

Stocks With Most Positive News Mentions:

• 1) NCMI 2) ANPC 3) COO 4) MIK 5) DOMO

Charts:

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