Bear Radar

Style Underperformer:

• Small-Cap Value -1.4%
  

Sector Underperformers:

• 1) Education +3.1% 2) Regional Banks -2.1% 3) Semis -1.6%

Stocks Falling on Unusual Volume: 

• URBN, DIOD, DELL, HPQ, CNHI, MMM, BX, GDDY, IRBT, EURN, HWC, WERN, S, CRDO, SIG, SNBR, NTCT, DG, MKTX, CHDN, CBRL, BPMC, SCVL, RCUS, CHRW, CPNG, FRO, ASO, BZ, ENVX, PETS, RIOT, MSTR, GLOB, VSCO, DAVA, ZUMZ, COIN, SDA and EPAM
  

Stocks With Unusual Put Option Activity:

• 1) IOT 2) IAU 3) GTLB 4) SABR 5) ASO
  

Stocks With Most Negative News Mentions:

• 1) EPAM 2) MSTR 3) LPSN 4) TGT 5) EL
  

Charts:

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

Bull Radar

Style Outperformer:

• Large-Cap Growth +.3%
  

Sector Outperformers:

• Healthcare Providers +.8% 2) AI/Robotics +.7% 3) Software .5%

Stocks Rising on Unusual Volume:

• AMED, DBRG, NEWT, IOT, CGEM, SDGR, BOWL, DOCS, OPCH, PLTR, PATH, BASE, PANW, CC, APAM and PECO
  

Stocks With Unusual Call Option Activity:

• 1) DOCS 2) GTLB 3) IOT 4) OPCH 5) EWJ

Stocks With Most Positive News Mentions:

• 1) PANW 2) PLTR 3) CIR 4) BOWL 5) ETRN
  

Charts:

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

Tomorrow's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open:

• (ABM)/.86
• (ASO)/1.65
• (CIEN)/.61
• (CBRL)/1.34
• (GIII)/-.10
• (SJM)/2.41
• (THO)/1.08
  

After the Close: 

• (CASY)/1.65
• (PLAY)/1.26
• (SFIX)/-.31
  

Economic Releases 

• None of note
  

Upcoming Splits

• None of note
  

Other Potential Market Movers

• The German Factory Orders report, weekly US retail sales report, Deutsche Bank Consumer Conference, TD Cowen Future Consumer Conference, RBC Energy/Power/Infra Conference, Baird Consumer Tech/Services Conference, (BWA) investor day, the William Blair Growth Stock Conference, UBS Industrials/Transport Conference, (FHN) Investor Day and the BofA Tech Conference could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST

Mid-Day Market Internals

NYSE Composite Index:

• NYSE Volume Running -6.4% Below 100-Day Average 
• Nasdaq/NYSE Volume Ratio 7.6 +.7
  
• 4 Sectors Declining, 7 Sectors Rising
• 34.3% of Issues Advancing, 62.8% Declining
• 36 New 52-Week Highs, 14 New Lows
• 453%(-2.9%) of Issues Above 200-day Moving Average
• Average 14-Day RSI 53.0 +2.0
  
• Bloomberg Global Risk-On/Risk-Off Index 59.6 +3.4%
  
• Russell 1000: Growth/Value 17,445.5 +.63%
• 1-Day Vix 9.0 -24.5%
  
• Vix 14.9 +2.3% 
  
• Total Put/Call .80 +8.1%
• TRIN/Arms .80 +2.6%
  

Monday Watch

Night Trading

• Asian indices are +.25% to +1.25% on average.
• Asia Ex-Japan Investment Grade CDS Index 116.75 -5.25 basis points
  
• China Sovereign CDS 60.75 -4.25 basis points.
• China Iron Ore Spot 104.6 USD/Metric Tonne +.6%
  
• Bloomberg Emerging Markets Currency Index 46.3 -.27%.
• Bloomberg Global Risk-On/Risk Off Index 58.6 +1.6%.
• Bloomberg US Financial Conditions Index .18 -1.0 basis point. 
  
• Volatility Index(VIX) futures 18.9 +.5%. 
• Euro Stoxx 50 futures -.02%.
• S&P 500 futures -.04%.
• NASDAQ 100 futures -.27%.

Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by commodity and industrial shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 75% net long heading into the week.

Mid-Day Market Internals

NYSE Composite Index:

• NYSE Volume Running +14.5% Above 100-Day Average 
• Nasdaq/NYSE Volume Ratio 6.9 -1.4
  
• 1 Sector Declining, 10 Sectors Rising
• 83.3% of Issues Advancing, 14.6% Declining
• 62 New 52-Week Highs, 11 New Lows
• 44.4%(+9.7%) of Issues Above 200-day Moving Average
• Average 14-Day RSI 53.0 +6.0
  
• Bloomberg Global Risk-On/Risk-Off Index 58.0 +5.3%
  
• Russell 1000: Growth/Value 17,351.5 -.52%
• 1-Day Vix 10.7 -23.5%
  
• Vix 14.8 -5.6% 
  
• Total Put/Call .70 -19.5%
• TRIN/Arms 1.10 +10.0%