Weekly Scoreboard*

 

S&P 500 4,229.17 -1.8%

The Weekly Wrap by Briefing.com.

Indices

• DJIA 33,101.64 -1.4%

• NASDAQ 12,933.21 -2.6%

• Russell 2000 1,989.64 -.23%

• S&P 500 High Beta 70.31 -2.3%

• Goldman 50 Most Shorted 229.74 -1.9%

• Wilshire 5000 42,846.64 -2.0%

• Russell 1000 Growth 2,541.33 -2.3%

• Russell 1000 Value 1,564.36 -1.4%

• S&P 500 Consumer Staples 748.17 -5.3%

• MSCI Cyclicals-Defensives Spread 1,247.58 +.23%
  

• NYSE Technology 3,289.86 -3.3%

• Transports 15,276.25 -.6%

• Utilities 981.25 -.82%

• Bloomberg European Bank/Financial Services 69.9 +4.1%

• MSCI Emerging Markets 42.74 -4.1%

• HFRX Equity Hedge 1,462.22 -.06%

• HFRX Equity Market Neutral 926.31 -.34%

Sentiment/Internals

• NYSE Cumulative A/D Line 461,654 -.68%

• Bloomberg New Highs-Lows Index -661 -179
  

• Crude Oil Commercial Bullish % Net Position -36.0 -6.0%

• CFTC Oil Net Speculative Position 368,663 +8.7%

• CFTC Oil Total Open Interest 2,028,476 -1.4%

• Total Put/Call .98 +3.2%

• OEX Put/Call 1.43 -17.4%

• ISE Sentiment 101.0 +5.0 points
  

• NYSE Arms 1.40 +37.7% 
• Bloomberg Global Risk-On/Risk-Off Index 2,745.0 +338.0 points
• Bloomberg Financial Conditions Index + Bubbles 3.18 -5.5%
  

• Volatility(VIX) 30.0 -8.4%

• CBOE S&P 500 Implied Correlation Index 47.8 -4.2%

• G7 Currency Volatility (VXY) 8.3 -5.9%
  

• Emerging Markets Currency Volatility (EM-VXY) 12.9 +5.8%

• Smart Money Flow Index 14,144.91 +.41%

• ICI Money Mkt Mutual Fund Assets $4.576 Trillion -.7%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -2.673 Million

• AAII % Bulls 24.0 -21.1%

• AAII % Bears 45.8 +10.6%

Futures Spot Prices

• CRB Index 291.32 -2.9%

• Crude Oil 109.19 -5.1%

• Reformulated Gasoline 330.38 -6.1%

• Natural Gas 4.77 -3.7%

• Heating Oil 341.21 -9.3% 
• Newcastle Coal 360.0 (1,000/metric ton) -12.2%
  

• Gold 1,987.33 +.8%
• Silver 25.85 +.6%
  

• S&P GSCI Industrial Metals Index 602.30 -1.4%

• Copper 461.90 -6.0%

• US No. 1 Heavy Melt Scrap Steel 635.0 USD/Metric Tonne +.8%

• China Iron Ore Spot 157.5 USD/Metric Tonne -6.0%

• Lumber 1,159.20 -11.6%

• UBS-Bloomberg Agriculture 1,577.67 +.6%
• US Gulf NOLA Potash Spot 795.0 USD/Short Ton +12.8%
  

Economy

• Atlanta Fed GDPNow Forecast +0.5% +.5 percentage point
  

• ECRI Weekly Leading Economic Index Growth Rate -1.2% -1.5 percentage points
  
• Bloomberg US Recession Probability Next 12 Months 20.0% +33.3%
  

• NY Fed Real-Time Weekly Economic Index 5.3 -.9%

• US Economic Policy Uncertainty Index 436.74 n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 229.88 +.17%

• Citi US Economic Surprise Index 59.1 -4.8 points

• Citi Eurozone Economic Surprise Index 60.5 -5.6 points

• Citi Emerging Markets Economic Surprise Index 37.1 -3.6 points

• Fed Fund Futures imply 95.9%(+3.9 percentage points) chance of +25.0-50.0 basis point hike, 0.0%(unch.) chance of +50.0-75.0 basis point rate hike on 3/16

• US Dollar Index 99.11 +.59%

• MSCI Emerging Markets Currency Index 1,712.83 -.26%
  

• Bitcoin/USD 38,780 -.6%

• Euro/Yen Carry Return Index 131.79 +1.95%
  

• Yield Curve 27.75 +2.0 basis points
  

• 10-Year US Treasury Yield 2.0% +25.0 basis points
  

• Federal Reserve's Balance Sheet $8.873 Trillion +.08%

• U.S. Sovereign Debt Credit Default Swap 16.62 +7.7%

• Illinois Municipal Debt Credit Default Swap 142.14 +.02%
  

• Italian/German 10Y Yld Spread 163.0 +2.0 basis points
  

• China Sovereign Debt Credit Default Swap 58.36 -4.0%
  

• Brazil Sovereign Debt Credit Default Swap 222.85 -2.3%
  

• Israel Sovereign Debt Credit Default Swap 36.5 -17.6%

• South Korea Sovereign Debt Credit Default Swap 29.88 -2.9%

• Russia Sovereign Debt Credit Default Swap 3,658.60 +107.1%

• China Corp. High-Yield Bond USD ETF(KHYB) 28.8 -3.0%

• 10-Year TIPS Spread 2.98% +27.0 basis points

• TED Spread 43.75 +16.0 basis points

• 2-Year Swap Spread 20.5 +2.0 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -27.25 +13.5 basis points

• N. America Investment Grade Credit Default Swap Index 74.79 +.9%
  

• America Energy Sector High-Yield Credit Default Swap Index 333.0 -5.8%

• European Financial Sector Credit Default Swap Index 91.58 -3.1%
  

• Emerging Markets Credit Default Swap Index 341.94 +6.0%
  

• MBS 5/10 Treasury Spread 108.0 +1.0 basis point
  
• Markit CMBX BBB-6 76.25 +.25 basis point

• M2 Money Supply YoY % Change 12.6 unch.
  

• Commercial Paper Outstanding 1,039.0 +1.2%

• 4-Week Moving Average of Jobless Claims 231,250 +.22%
  

• Continuing Claims Unemployment Rate 1.1% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 37.98 +3.3% 

• Average 30-Year Fixed Home Mortgage Rate 4.32% +11.0 basis points

• Weekly Mortgage Applications 502,500 +8.5%

• Weekly Retail Sales +13.1% -1.0 percentage point
  
• OpenTable US Seated Diners % Change from 2019 -12.2% -5.6 percentage points
• Box Office Weekly Gross $79.7M -40.3%
  

• Nationwide Gas $4.32/gallon +.48/gallon

• Baltic Dry Index 2,704 +25.9%

• China (Export) Containerized Freight Index 3,388.59 n/a

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 22.50 -10.0%
• Truckstop.com Market Demand Index 140.08 -21.6%

• Rail Freight Carloads 266,307 +1.7%
• TSA Total Traveler Throughput 2,184,044 +19.3%
• US Covid-19:  83 infections/100K people(last 7 days total). 5.0%(-2.0 percentage points) of peak on 1/14/22  -36/100K people from prior week
  
• US Covid-19:  New patient hospital admissions per 100K -86.4%(-6.4 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

•  Small-Cap Value +.3%

Worst Performing Style

•  Mid-Cap Growth -3.2%
  

Leading Sectors

• Oil Service +11.5%

• Alt Energy +8.0%
  

• Education +3.8%

• Gold & Silver +2.8%

• Construction +2.7%
  

Lagging Sectors

• Airlines -4.6%
  

• Social Media -5.4%

• Medical Equipment -6.0%

• Gambling -6.5%
  

• Tobacco -8.5%
  

Weekly High-Volume Stock Gainers (10)

• AMPH, SHLS, TDW, IPI, TWI, LAND, SD, MRTN, ASIX and LBRT
  

Weekly High-Volume Stock Losers (35)

• ZETA, NAPA, SBUX, WES, ZM, NVST, PODD, CRCT, HCP, S, W, CTRN, RNG, OLLI, TWLO, GDRX, AVLR, EXFY, SFIX, POSH, ASAN, NTRA, AI, ZUMZ, TTD, RIVN, TDOC, LOCO, UPST, ETSY, LTH, ACMR and LAW
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Slightly Lower into Afternoon on Russia/Ukraine War Escalation Fears, US Policy-Induced Stagflation Concerns, Emerging Markets Debt Angst, Alt Energy/Tech Sector Weakness

Broad Equity Market Tone:

• Advance/Decline Line:  Substantially Lower
  

• Sector Performance:  Most Sectors Declining
  

• Volume:  Above Average

• Market Leading Stocks: Underperforming
  

Equity Investor Angst:

• Volatility(VIX) 29.3 -3.1%
• Bloomberg Global Risk On/Risk Off Index 2,792.0 +28.0 points

• Euro/Yen Carry Return Index 131.64 +.20%

• Emerging Markets Currency Volatility(VXY) 12.9 +1.1%

• CBOE S&P 500 Implied Correlation Index 46.9 +1.1% 

• ISE Sentiment Index 101.0 +5.0 points
  

• Total Put/Call .96 +4.4%

• NYSE Arms 1.32 +85.9%

Credit Investor Angst:

• North American Investment Grade CDS Index 74.34 +1.78%
  

• US Energy High-Yield OAS 415.54 +.7%

• European Financial Sector CDS Index 91.92 +.57%

• Italian/German 10Y Yld Spread 160.0 -2.0 basis points
  

• Asia Ex-Japan Investment Grade CDS Index 112.65 +.94%
  

• Emerging Market CDS Index 344.80 +2.1%
  

• China Corp. High-Yield Bond USD ETF(KHYB) 28.8 -.28% 
• Ukraine Sovereign Debt Credit Default Swap 5,704.0 -.9%
  

• 2-Year Swap Spread 20.5 -1.0 basis point
  

• TED Spread 42.75 -1.5 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -27.25 -.25 basis point
  
• MBS  5/10 Treasury Spread  109.0 +1.0 basis point
  
• iShares CMBS ETF 50.71 -.21%
  

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 50.40 -.01%
• 3-Month T-Bill Yield .38% +2.25 basis points
  

• Yield Curve 25.25 -4.0 basis points
  

• China Iron Ore Spot 157.5 USD/Metric Tonne -.1%

• Citi US Economic Surprise Index 54.3 -1.5 points

• Citi Eurozone Economic Surprise Index 60.5 -.2 point
  

• Citi Emerging Markets Economic Surprise Index 37.1 -4.8 points

• 10-Year TIPS Spread 2.98 +10.0 basis points
  
• 0.0%(unch.) chance of no change at May 4th FOMC meeting, 0.0%(unch.) chance of no change at June 15th meeting

US Covid-19:

• 83 new infections/100K people(last 7 days total). 5.0%(n/a) of 1/14 peak -na/100K people from prior report.
  
• New Covid-19 patient hospital admissions per 100K population -86.4%(-na percentage points) from peak 7-day avg. of 1/9/21 - 1/15/22
  

Overseas Futures:

• Nikkei 225 Futures: Indicating -127 open in Japan 
• China A50 Futures: Indicating -223 open in China

• DAX Futures: Indicating -36 open in Germany

Portfolio:

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

• Disclosed Trades:  None
  

• Market Exposure:  25% Net Long
  

Bear Radar

Style Underperformer:

• Mid-Cap Growth -1.3%

Sector Underperformers:

• 1) Social Media -3.5% 2) Alt Energy -2.6% 3) Digital Health -2.5%

Stocks Falling on Unusual Volume: 

• LIND, EOLS, ZETA, CQPO, PODD, REVG, NAPA, TWKS, HRMY, FORG, SGFY, SBGI, W, NTRA, ROCC, CTRN, PCOR, S, EBIX, CEIX, RNG, FRSH, AMTX, SFIX, TWLO, ASAN, HCP, WHD, BTU, POSH, BROS, EXFY, TDOC, AI, RIVN, ZUMZ, TTD, GDRX, BMBL, UPST, ETSY, LOCO, ACMR, BLNK, LTH, NCNO, BRBR, LAW, DOCU and ISPO
  

Stocks With Unusual Put Option Activity:

• 1) DOCU 2) CHTR 3) BSX 4) ORCL 5) ULTA
  

Stocks With Most Negative News Mentions:

• 1) DIDI 2) RLX 3) TLYS 4) DOCU 5) BLNK
  

Charts:

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

Bull Radar

Style Outperformer:

• Large-Cap Value +.1%

Sector Outperformers:

• 1) Steel +.8% 2) Telecom +.7% 3) Restaurants +.6%

Stocks Rising on Unusual Volume:

• BBAI, AMPH, SHLS, TDW, IPI, LZ and TNL
  

Stocks With Unusual Call Option Activity:

• 1) HYMC 2) ETRN 3) MFA 4) ALTO 5) IFF

Stocks With Most Positive News Mentions:

• 1) LAZY 2) AMPH 3) WULF 4) RGF 5) ETRN
  

Charts:

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

Morning Market Internals

NYSE Composite Index:

• Volume Running +17.9% Above 100-Day Average 
• 6 Sectors Rising, 5 Sectors Declining
• 42.6% of Issues Advancing, 53.8% Declining
• 39 New 52-Week Highs, 158 New Lows
• 36.4% of Issues Above 200-day Moving Average
• Average 14-Day RSI 45.3% 
• Bloomberg Global Risk-On/Risk-Off Index 2,808.0 +47.0 points
• Russell 1000: Growth/Value 15,872.0 -.85%
  
• Vix 29.4 -2.5%
• Total Put/Call .89 -3.3%
• TRIN/Arms 1.67 +135.2%

Weekly Scoreboard*

 

S&P 500 4,307.92 -1.6%

The Weekly Wrap by Briefing.com.

Indices

• DJIA 34,377.12 -1.44%

• NASDAQ 13,251.25 -2.6%

• Russell 2000 1,996.33 -2.3%

• S&P 500 High Beta 72.07 -4.7%

• Goldman 50 Most Shorted 234.58 -.69%

• Wilshire 5000 43,603.34 -1.7%

• Russell 1000 Growth 2,610.52 -2.7%

• Russell 1000 Value 1,587.07 -1.0%

• S&P 500 Consumer Staples 789.25 -.26%

• MSCI Cyclicals-Defensives Spread 1,284.17 -2.6%
  

• NYSE Technology 3,410.25 -6.3%

• Transports 15,315.54 +1.1%

• Utilities 984.13 +5.0%

• Bloomberg European Bank/Financial Services 67.30 -15.0%

• MSCI Emerging Markets 44.52 -5.2%

• HFRX Equity Hedge 1,467.24 -.17%

• HFRX Equity Market Neutral 928.55 -.17%

Sentiment/Internals

• NYSE Cumulative A/D Line 464,803 +.57%

• Bloomberg New Highs-Lows Index -482 +2,362
  

• Crude Oil Commercial Bullish % Net Position -33.0 -.57%

• CFTC Oil Net Speculative Position 339,041 -2.6%

• CFTC Oil Total Open Interest 2,058,132 -3.0%

• Total Put/Call .94 +2.2%

• OEX Put/Call 1.40 unch.

• ISE Sentiment 101.0 +19.0 points
  

• NYSE Arms .80 +14.5% 
• Bloomberg Global Risk-On/Risk-Off Index 2,407.0 -801.0 points
• Bloomberg Financial Conditions Index + Bubbles 3.39 -9.7%
  

• Volatility(VIX) 33.0 +20.7%

• CBOE S&P 500 Implied Correlation Index 49.96 +8.5%

• G7 Currency Volatility (VXY) 8.82 +26.2%
  

• Emerging Markets Currency Volatility (EM-VXY) 12.2 +20.3%

• Smart Money Flow Index 14,086.49 +4.3%

• ICI Money Mkt Mutual Fund Assets $4.606 Trillion +1.1%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -3.210 Million

• AAII % Bulls 30.4 +29.9%

• AAII % Bears 41.4 -22.9%

Futures Spot Prices

• CRB Index 289.20 +9.4%

• Crude Oil 115.65 +22.1%

• Reformulated Gasoline 354.71 +19.1%

• Natural Gas 5.04 +8.99%

• Heating Oil 377.16 +29.8% 
• Newcastle Coal 410.0 (1,000/metric ton) +62.7%
  

• Gold 1,967.52 +3.9%
• Silver 25.72 +5.4%
  

• S&P GSCI Industrial Metals Index 588.84 +7.8%

• Copper 491.95 +10.0%

• US No. 1 Heavy Melt Scrap Steel 630.0 USD/Metric Tonne +24.8%

• China Iron Ore Spot 161.25 USD/Metric Tonne +12.6%

• Lumber 1,322.0 +.64%

• UBS-Bloomberg Agriculture 1,567.68 +8.0%
• US Gulf NOLA Potash Spot 705.0 USD/Short Ton +6.0%
  

Economy

• Atlanta Fed GDPNow Forecast +0.0% -1.3 percentage points
  

• ECRI Weekly Leading Economic Index Growth Rate +.3% -1.8 percentage points
  
• Bloomberg US Recession Probability Next 12 Months 15.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 5.8 -9.9%

• US Economic Policy Uncertainty Index 436.74 +115.0%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 229.50 +.43%

• Citi US Economic Surprise Index 59.1 +17.3 points

• Citi Eurozone Economic Surprise Index 66.1 -6.5 points

• Citi Emerging Markets Economic Surprise Index 40.7 +4.2 points

• Fed Fund Futures imply 92.0%(+9.2 percentage points) chance of +25.0-50.0 basis point hike, 0.0%(-17.2 percentage points) chance of +50.0-75.0 basis point rate hike on 3/16

• US Dollar Index 98.52 +2.1%

• MSCI Emerging Markets Currency Index 1,728.33 -.76%
  

• Bitcoin/USD 40,753 +9.1%

• Euro/Yen Carry Return Index 129.11 -3.8%
  

• Yield Curve 25.75 -12.0 basis points
  

• 10-Year US Treasury Yield 1.75% -23.0 basis points
  

• Federal Reserve's Balance Sheet $8.866 Trillion -.27%

• U.S. Sovereign Debt Credit Default Swap 15.44 +32.6%

• Illinois Municipal Debt Credit Default Swap 142.11 +.06%
  

• Italian/German 10Y Yld Spread 161.0 +5.0 basis points
  

• China Sovereign Debt Credit Default Swap 60.86 -1.2%
  

• Brazil Sovereign Debt Credit Default Swap 227.57 +2.9%
  

• Israel Sovereign Debt Credit Default Swap 44.20 +16.0%

• South Korea Sovereign Debt Credit Default Swap 29.89 +7.3%

• Russia Sovereign Debt Credit Default Swap 1,607.40 +210.8%

• China Corp. High-Yield Bond USD ETF(KHYB) 29.7 -3.5%

• 10-Year TIPS Spread 2.71% +15.0 basis points

• TED Spread 27.75 +9.0 basis points

• 2-Year Swap Spread 18.5 -.25 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -40.75 -17.25 basis points

• N. America Investment Grade Credit Default Swap Index 73.76 +10.4%
  

• America Energy Sector High-Yield Credit Default Swap Index 354.0 -5.2%

• European Financial Sector Credit Default Swap Index 94.54.0 +21.0%
  

• Emerging Markets Credit Default Swap Index 322.17 +30.6%
  

• MBS 5/10 Treasury Spread 107.0 +5.0 basis points
  
• Markit CMBX BBB-6 76.0 +.5 basis point

• M2 Money Supply YoY % Change 12.6 unch.
  

• Commercial Paper Outstanding 1,027.1 +.7%

• 4-Week Moving Average of Jobless Claims 230,500 -2.5%
  

• Continuing Claims Unemployment Rate 1.1% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 36.8 +1.1% 

• Average 30-Year Fixed Home Mortgage Rate 4.21% -4.0 basis points

• Weekly Mortgage Applications 463,100 -.7%

• Weekly Retail Sales +14.1% -.3 percentage point
  
• OpenTable US Seated Diners % Change from 2019 -6.6% -2.3 percentage points
• Box Office Weekly Gross $133.3M +64.6%
  

• Nationwide Gas $3.84/gallon +.27/gallon

• Baltic Dry Index 2,104 +1.4%

• China (Export) Containerized Freight Index 3,388.59 -1.1%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 25.0 +42.9%
• Truckstop.com Market Demand Index 178.76 +10.8%

• Rail Freight Carloads 261,860 +.5%
• TSA Total Traveler Throughput 2,038,115 +10.7%
• US Covid-19:  118 infections/100K people(last 7 days total). 7.0%(-2.0 percentage points) of peak on 1/14/22  -41/100K people from prior week
  
• US Covid-19:  New patient hospital admissions per 100K -80.0%(-8.0 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

•  Large-Cap Value -1.0%

Worst Performing Style

•  Mid-Cap Growth -3.8%
  

Leading Sectors

• Steel +9.4%

• Gold & Silver +7.8%
  

• Road & Rail +6.4%

• Oil Service +5.7%

• Utilities +5.0%
  

Lagging Sectors

• Video Gaming -6.7%
  

• Gambling -7.1%

• Banks -7.9%

• Social Media -9.1%
  

• Airlines -13.9%
  

Weekly High-Volume Stock Gainers (20)

• BTU, FNKO, OXY, AA, LPI, SFM, CSX, TWI, NYT, EQT, KR, SPLK, NSC, MOS, ACI, KEX, UNP, MNRL, BAH and SPTN
  

Weekly High-Volume Stock Losers (52)

• HLT, GDYN, VTRS, WMG, HYFM, INVA, FIVE, CCL, INFA, DAL, ADS, PPC, INFA, WYNN, CUK, HA, IVZ, MDB, NCLH, BKNG, UBER, DAN, FSLY, SNOW, EXPE, AAL, DECK, RELY, GDRX, DVAX, NTLA, IPGP, PLCE, SKX, LITE, RIVN, ANF, BWA, GT, TRIP, BURL, CRCT, BMBL, YOU, UAL, WRBY, PVH, TSP, CVNA, VZIO and CMBM
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change