Weekly Scoreboard*

S&P 500 4,690.36 +3.5%*

 

 

 

 

 

 

 

 

 

 

 

 

The Weekly Wrap by Briefing.com. 

Indices

• DJIA 35,886.75 +3.7%

• NASDAQ 15,561.08 +3.3%

• Russell 2000 2,206.07 +2.4%

• S&P 500 High Beta 78.09 +3.8%

• Goldman 50 Most Shorted 286.79 +.6%

• Wilshire 5000 47,920.94 +3.3%

• Russell 1000 Growth 3,052.96 +4.0%

• Russell 1000 Value 1,613.08 +2.7%

• S&P 500 Consumer Staples 770.27 +3.4%

• MSCI Cyclicals-Defensives Spread 1,471.43 +.6%
  

• NYSE Technology 4,380.31 +4.2%

• Transports 16,352.50 +2.5%

• Utilities 933.57 +2.7%

• Bloomberg European Bank/Financial Services 75.95 +1.3%

• MSCI Emerging Markets 50.03 +2.4%

• HFRX Equity Hedge 1,485.68 +1.3%

• HFRX Equity Market Neutral 922.4 +.24%

Sentiment/Internals

• NYSE Cumulative A/D Line 479,271 +.36%

• Bloomberg New Highs-Lows Index -103 +994

• Crude Oil Commercial Bullish % Net Position -37.9 +4.9%

• CFTC Oil Net Speculative Position 387,234 -5.0%

• CFTC Oil Total Open Interest 2,033,286 +.23%

• Total Put/Call 1.03 -10.3%

• OEX Put/Call 1.99 +7.6%

• ISE Sentiment 106.0 -16.0 points
  

• NYSE Arms .91 -5.0% 
• Bloomberg Global Risk-On/Risk-Off Index 2,720.0 +1.074.0 points
• Bloomberg Financial Conditions Index + Bubbles 4.44 +14.2%
  

• Volatility(VIX) 19.2 -38.0%

• CBOE S&P 500 Implied Correlation Index 29.6 -23.3%

• G7 Currency Volatility (VXY) 7.0 -1.3%
  

• Emerging Markets Currency Volatility (EM-VXY) 10.80 -5.6%

• Smart Money Flow Index 13,114.3 +1.6%

• ICI Money Mkt Mutual Fund Assets $4.636 Trillion +.32%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +7.423 Million

• AAII % Bulls 29.7 +11.2%

• AAII % Bears 30.5 -28.1%

Futures Spot Prices

• CRB Index 225.36 +2.1%

• Crude Oil 71.8 +7.6%

• Reformulated Gasoline 214.34 +8.7%

• Natural Gas 3.91 -4.8%

• Heating Oil 225.70 +7.0% 
• Newcastle Coal 162.0 (1,000/metric ton) +7.1% 

• Gold 1,782.33 +.01%
• Silver 22.18 -1.6%
  

• S&P GSCI Industrial Metals Index 478.33 +.95%

• Copper 429.40 +.4%

• US No. 1 Heavy Melt Scrap Steel 465.0 USD/Metric Tonne +2.2%

• China Iron Ore Spot 110.70 USD/Metric Tonne +5.4%

• Lumber 1069.3 +18.3%

• UBS-Bloomberg Agriculture 1,328.53 +.8%
• US Gulf NOLA Potash Spot 690.0 USD/Short Ton +.73%
  

Economy

• Atlanta Fed GDPNow Forecast +8.7% -1.0 percentage point
  

• ECRI Weekly Leading Economic Index Growth Rate +6.3% +.2 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 15.0% unch.
  

• NY Fed Real-Time Weekly Economic Index +7.3 -7.7%

• US Economic Policy Uncertainty Index 42.4 -75.1%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 221.09 +.22%

• Citi US Economic Surprise Index 35.0 +1.4 points

• Citi Eurozone Economic Surprise Index 7.0 +1.3 points

• Citi Emerging Markets Economic Surprise Index -13.1 -1.0 point

• Fed Fund Futures imply 96.7%(-3.3 percentage points) chance of no change, 3.3%(+3.3 percentage points) chance of rate hike on 12/15

• US Dollar Index 96.05 -.16%

• MSCI Emerging Markets Currency Index 1,731.90 +.34%
  

• Bitcoin/USD 47,840 -2.5%

• Euro/Yen Carry Return Index 132.32 +.6%
  

• Yield Curve 79.5 -2.5 basis points
  

• 10-Year US Treasury Yield 1.48% +13.0 basis points
  

• Federal Reserve's Balance Sheet $8.627 Trillion +.17%

• U.S. Sovereign Debt Credit Default Swap 13.6 -1.3%

• Illinois Municipal Debt Credit Default Swap 116.41 -3.9%
  

• Italian/German 10Y Yld Spread 131.0 unch.
  

• China Sovereign Debt Credit Default Swap 44.95 -14.3%
  

• Brazil Sovereign Debt Credit Default Swap 220.57 -7.4%
  

• Israel Sovereign Debt Credit Default Swap 39.07 -4.9%

• South Korea Sovereign Debt Credit Default Swap 20.36 -3.1%

• Russia Sovereign Debt Credit Default Swap 106.41 -6.0%

• China Corp. High-Yield Bond USD ETF(KHYB) 33.3 +1.6%

• 10-Year TIPS Spread 2.47% +3.0 basis points

• TED Spread 14.75 +1.0 basis point

• 2-Year Swap Spread 20.75 -2.0 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -15.5 +3.25 basis points

• N. America Investment Grade Credit Default Swap Index 53.64 -8.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 322.0 -6.0%

• European Financial Sector Credit Default Swap Index 60.76 -8.7%
  

• Emerging Markets Credit Default Swap Index 191.34 -9.0%
  

• MBS 5/10 Treasury Spread 70.75 -4.75 basis points
  
• Markit CMBX BBB-6 72.5 -.25 basis point

• M2 Money Supply YoY % Change 13.0 unch.
  

• Commercial Paper Outstanding 1,089.0 -.5%

• 4-Week Moving Average of Jobless Claims 218,750 -8.9%
  

• Continuing Claims Unemployment Rate 1.5% +.1 percentage point
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 40.6 +25.0% 

• Average 30-Year Mortgage Rate 3.10% -1.0 basis point

• Weekly Mortgage Applications 616,400 +2.0%

• Langer Consumer Comfort 51.0 unch.

• Weekly Retail Sales +15.3% -1.6 percentage points
  
• OpenTable US Seated Diners % Change from 2019 -15.5% -1.2 percentage points 

• Nationwide Gas $3.34/gallon -.03/gallon

• Baltic Dry Index 3,343 +5.4%

• China (Export) Containerized Freight Index 3,238.35 +1.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 20.0 unch.
• Container Ships Anchored 1,018 unch.
  
• Truckstop.com Market Demand Index 122.87 +5.5%

• Rail Freight Carloads 272,362 +22.9%
• TSA Total Travelers 1-Year Ago Same Weekday 754,307 +19.8% 
• US Covid-19:  251 infections/100K people(last 7 days total) +39/100K people
• US Covid-19:  47% of Jan. 7th,2021 peak +7.0 percentage points
  

Best Performing Style

• Large-Cap Growth +4.0%

Worst Performing Style

• Small-Cap Value +2.3%
  

Leading Sectors

• Oil Service +7.9%

• Networking +6.8%
  

• Restaurants +5.9%

• Healthcare Providers +5.9%

• Gambling +5.6%
  

Lagging Sectors

• Retail +1.4%
  

• Computer Hardware +1.0%

• Video Gaming +.4%

• Biotech +.3%

• Gold & Silver -1.0%
  

Weekly High-Volume Stock Gainers (19)

• ARHS, LWLG, CXM, ASO, AVGO, AUR, JBL, GBX, SLGC, ARNC, LVLU, AI, FTNT, MXL, AI, YELL, JNPR, MP and LESL
  

Weekly High-Volume Stock Losers (16)

• GME, FLWS, IRBT, LUV, PHR, CLMT, MRNA, PTON, ARVN, HOOD, ASAN, ZYXI, W, CHWY, AMC and FIGS
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Higher into Afternoon on Diminished US Virus Lockdown Fears, Stable Long-Term Rates, Technical Buying, Tech/Healthcare Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: Lower
  

• Sector Performance: Mixed
  

• Volume: Around Average

• Market Leading Stocks: Underperforming
  

Equity Investor Angst:

• Volatility(VIX) 19.4 -10.2%
• Bloomberg Global Risk On/Risk Off Index 2,706.0 +125.0 points

• Euro/Yen Carry Return Index 132.33 +.12%

• Emerging Markets Currency Volatility(VXY) 10.8 -1.0%

• CBOE S&P 500 Implied Correlation Index 29.5 -1.6% 

• ISE Sentiment Index 106.0  -16.0 points
  

• Total Put/Call 1.04 +18.2%

• NYSE Arms 1.04 +8.3%

Credit Investor Angst:

• North American Investment Grade CDS Index 53.55 -1.8%
  

• US Energy High-Yield OAS 409.60 -2.0%

• European Financial Sector CDS Index 60.39 -1.8%

• Italian/German 10Y Yld Spread 131.0 -4.0 basis points
  

• Asia Ex-Japan Investment Grade CDS Index 84.70 -2.5%
  

• Emerging Market CDS Index 191.34 -1.0%
  

• China Corp. High-Yield Bond USD ETF(KHYB) 33.26 unch.

• 2-Year Swap Spread 20.75 unch.
  

• TED Spread 14.75 +.5 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -15.5 -3.5 basis points
  
• MBS  5/10 Treasury Spread  71.5 +1.25 basis points
  
• IHS Markit CMBX BBB- 6 72.5 -.25 basis point
  

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 53.50 -.11%
• 3-Month T-Bill Yield .05% -1.0 basis point
  

• Yield Curve 79.5 -2.5 basis points
  

• China Iron Ore Spot 110.7 USD/Metric Tonne +.1%

• Citi US Economic Surprise Index 35.0 +3.4 points

• Citi Eurozone Economic Surprise Index 7.0 -.7 point
  

• Citi Emerging Markets Economic Surprise Index -13.1 -.7 point

• 10-Year TIPS Spread 2.48 -2.0 basis points
• 91.9%(-.7 percentage point) chance of no change at Jan. 26th meeting, 63.4%(-.8 percentage point) chance of no change at March 16th meeting

US Covid-19:

• 251 new infections/100K people(last 7 days total) -9/100K people
• 47% of Jan. 7th, 2021 peak(highest daily avg. new infections) -2.0 percentage points
  

Overseas Futures:

• Nikkei 225 Futures: Indicating +177 open in Japan 
• China A50 Futures: Indicating +80 open in China

• DAX Futures: Indicating +15 open in Germany

Portfolio:

• Higher: On gains in my tech/consumer discretionary/industrial/medical sector longs
  

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

• Market Exposure:  Moved to 100% Net Long
  

Bear Radar

Style Underperformer:

• Small-Cap Growth -.6%

Sector Underperformers:

• 1) Airlines -2.2% 2) Gambling -1.2% 3) Alt Energy -1.0%

Stocks Falling on Unusual Volume: 

• GME, AMC, FLWS, CLMT, LUV, FIZZ, CTRE, TRUP, ZYXI, ARVN, CHWY, GXO, W, FIGS and EVBG
  

Stocks With Unusual Put Option Activity:

• 1) ASHR 2) LUMN 3) IRBT 4) KR 5) RRR
  

Stocks With Most Negative News Mentions:

• 1) EVBG 2) AMC 3) PTON 4) MESA 5) TGLS
  

Charts:

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

Bull Radar

Style Outperformer:

• Large-Cap Growth +.7%

Sector Outperformers:

• 1) Software +1.8% 2) Networking +1.2% 3) Healthcare Providers +.9%

Stocks Rising on Unusual Volume:

• ORCL, EPAY, LWLG, CORT, HALO, CXM, WEAV, ASO, AVGO, F, COST, JBL, DMTK, CDNA, CCK, LCID, CNC, AI, S, LH, JNPR and LESL
  

Stocks With Unusual Call Option Activity:

• 1) AVCT 2) AVGO 3) CWH 4) ORCL 5) COST

Stocks With Most Positive News Mentions:

• 1) ORCL 2) ASO 3) F 4) AVGO 5) COST
  

Charts:

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

Mid-Day Market Internals

NYSE Composite Index:

• Volume Running -10.9% Below 100-Day Average 
• 7 Sectors Rising, 4 Sectors Declining
• 39.1% of Issues Advancing, 56.7% Declining
• 30 New 52-Week Highs, 51 New Lows
• 52.6% of Issues Above 200-day Moving Average
• Average 14-Day RSI 48.1%
• Bloomberg Global Risk-On/Risk-Off Index 2,685.0 +104.0 points
• Russell 1000: Growth/Value 18,515 +.39%
  
• Vix 19.8 -8.1%
• Total Put/Call 1.01 +14.8%
• TRIN/Arms 1.15 +19.8%