The Weekly Wrap by Briefing.com.
*5-Day Change
Indices
- Russell 2000 1,195.94 +3.77%
- S&P 500 High Beta 34.37 +4.12%
- Wilshire 5000 21,505.65 +3.44%
- Russell 1000 Growth 966.69 +3.09%
- Russell 1000 Value 1,031.86 +3.70%
- S&P 500 Consumer Staples 501.89 +2.13%
- Solactive US Cyclical 140.92 +3.25%
- Morgan Stanley Technology 1,020.96 +3.93%
- Transports 8,989.45 +1.73%
- Bloomberg European Bank/Financial Services 103.06 +1.1%
- MSCI Emerging Markets 38.71 -.81%
- HFRX Equity Hedge 1,173.90 -.02%
- HFRX Equity Market Neutral 986.14 -.35%
Sentiment/Internals
- NYSE Cumulative A/D Line 229,637 +1.39%
- Bloomberg New Highs-Lows Index -136 +701
- Bloomberg Crude Oil % Bulls 31.43 +22.58%
- CFTC Oil Net Speculative Position 284,709 +8.52%
- CFTC Oil Total Open Interest 1,475,862 +2.13%
- Total Put/Call .87 -20.18%
- ISE Sentiment 68.0 +1.49%
- Volatility(VIX) 16.49 -21.77%
- S&P 500 Implied Correlation 64.24 -9.64%
- G7 Currency Volatility (VXY) 9.49 -1.35%
- Emerging Markets Currency Volatility (EM-VXY) 11.01 +12.92%
- Smart Money Flow Index 17,222.46 -1.21%
- ICI Money Mkt Mutual Fund Assets $2.693 Trillion -.50%
- ICI US Equity Weekly Net New Cash Flow -$4.969 Billion
Futures Spot Prices
- Reformulated Gasoline 155.95 -2.09%
- Heating Oil 196.22 -2.49%
- Bloomberg Base Metals Index 183.95 -2.19%
- US No. 1 Heavy Melt Scrap Steel 309.0 USD/Ton unch.
- China Iron Ore Spot 69.17 USD/Ton +.26%
- UBS-Bloomberg Agriculture 1,255.57 +.35%
Economy
- ECRI Weekly Leading Economic Index Growth Rate -3.1% -80 basis points
- Philly Fed ADS Real-Time Business Conditions Index .6459 -5.23%
- S&P 500 Blended Forward 12 Months Mean EPS Estimate 126.0 -.53%
- Citi US Economic Surprise Index 31.50 +1.9 points
- Citi Eurozone Economic Surprise Index -.8 +19.5 points
- Citi Emerging Markets Economic Surprise Index -12.80 +2.7 points
- Fed Fund Futures imply 50.0% chance of no change, 50.0% chance of 25 basis point cut on 1/28
- US Dollar Index 89.60 +1.45%
- Euro/Yen Carry Return Index 152.63 -1.25%
- Yield Curve 152.0 -2.0 basis points
- 10-Year US Treasury Yield 2.16% +8.0 basis points
- Federal Reserve's Balance Sheet $4.462 Trillion +.30%
- U.S. Sovereign Debt Credit Default Swap 16.03 -11.79%
- Illinois Municipal Debt Credit Default Swap 178.0 -21.0%
- Western Europe Sovereign Debt Credit Default Swap Index 29.48 -5.91%
- Asia Pacific Sovereign Debt Credit Default Swap Index 67.86 -9.21%
- Emerging Markets Sovereign Debt CDS Index 304.64 -7.20%
- Israel Sovereign Debt Credit Default Swap 75.50 -2.58%
- Iraq Sovereign Debt Credit Default Swap 378.04 -.03%
- Russia Sovereign Debt Credit Default Swap 451.64 -6.83%
- China Blended Corporate Spread Index 343.22 +2.93%
- 10-Year TIPS Spread 1.69% +6.0 basis points
- TED Spread 22.25 -.25 basis point
- 2-Year Swap Spread 22.75 -1.25 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -14.0 -6.0 basis points
- N. America Investment Grade Credit Default Swap Index 65.10 -9.52%
- America Energy Sector High-Yield Credit Default Swap Index 627.0 -3.96%
- European Financial Sector Credit Default Swap Index 65.99 +1.98%
- Emerging Markets Credit Default Swap Index 326.48 -15.72%
- CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 88.0 -.5 basis point
- M1 Money Supply $2.892 Trillion +1.124%
- Commercial Paper Outstanding 1,074.0 -1.20%
- 4-Week Moving Average of Jobless Claims 298,750 -500
- Continuing Claims Unemployment Rate 1.8% -10 basis points
- Average 30-Year Mortgage Rate 3.80% -13 basis points
- Weekly Mortgage Applications 360.0 -3.30%
- Bloomberg Consumer Comfort 41.7 +.4 point
- Weekly Retail Sales +4.0% +10 basis points
- Nationwide Gas $2.45/gallon -.15/gallon
- Baltic Dry Index 814.0 -5.68%
- China (Export) Containerized Freight Index 1,036.41 +1.95%
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 35.0 unch.
- Rail Freight Carloads 280,337 +4.54%
Best Performing Style
Worst Performing Style
Leading Sectors
Lagging Sectors
Weekly High-Volume Stock Gainers (19)
- ASPX, VOLC, XNCR, OVAS, RDUS, PTRY, CALA, MEG, FLXN, CRUS, VRNS, HEI, RVBD, PAY, IMKTA, ADBE, W, SCSS and RBC
Weekly High-Volume Stock Losers (19)
- XLNX, SNHY, MGM, SSTK, RUSHA, TRCO, TSLX, DNKN, STLD, ESL, CIVI, ICON, NX, CZR, MDLY, NAV, WOR, WGO and ARDX
Weekly Charts
ETFs
Stocks
*5-Day Change
Broad Equity Market Tone:
- Advance/Decline Line: About Even
- Sector Performance: Mixed
- Market Leading Stocks: Underperforming
Equity Investor Angst:
- Volatility(VIX) 16.96 +.89%
- Euro/Yen Carry Return Index 152.65 +.11%
- Emerging Markets Currency Volatility(VXY) 11.0 -2.22%
- S&P 500 Implied Correlation 65.73 +2.45%
- ISE Sentiment Index 62.0 -58.11%
- Total Put/Call .93 +22.37%
Credit Investor Angst:
- North American Investment Grade CDS Index 64.56 -.77%
- America Energy Sector High-Yield CDS Index 628.0 +.49%
- European Financial Sector CDS Index 66.0 +.50%
- Western Europe Sovereign Debt CDS Index 29.58 -2.07%
- Asia Pacific Sovereign Debt CDS Index 67.96 -.95%
- Emerging Market CDS Index 329.21 -8.64%
- China Blended Corporate Spread Index 343.21 -1.46%
- 2-Year Swap Spread 22.75 +1.0 basis point
- TED Spread 21.0 -1.25 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -14.0 +.5 basis point
Economic Gauges:
- 3-Month T-Bill Yield .03% -1.0 basis point
- Yield Curve 154.0 -3.0 basis points
- China Import Iron Ore Spot $69.17/Metric Tonne +1.10%
- Citi US Economic Surprise Index 31.50 -.1 point
- Citi Eurozone Economic Surprise Index -.8 +1.3 points
- Citi Emerging Markets Economic Surprise Index -12.80 +.1 point
- 10-Year TIPS Spread 1.67 +2.0 basis points
Overseas Futures:
- Nikkei Futures: Indicating +184 open in Japan
- DAX Futures: Indicating +9 open in Germany
Portfolio:
- Slightly Higher: On gains in my tech/biotech sector longs
- Market Exposure: 50% Net Long
Style Underperformer:
Sector Underperformers:
- 1) Retail -1.06% 2) Coal -.76% 3) Semis -.62%
Stocks Falling on Unusual Volume:
- FINL, MEG, OTIC, WGO, NKE, FL, HAS, ATU, ICON, MAT, VIIX, WOR, NVO, EGP, POOL, DNKN, PAYX, UBSI, PM, CMN, MO, JNJ, PSEM, AWR, AIN and TGTX
Stocks With Unusual Put Option Activity:
- 1) LRCX 2) VLO 3) FL 4) ADSK 5) KMX
Stocks With Most Negative News Mentions:
- 1) UBNT 2) MXIM 3) SMG 4) DG 5) ALTR
Charts:
Style Outperformer:
Sector Outperformers:
- 1) Steel +2.42% 2) Gaming +2.23% 3) Oil Service +1.82%
Stocks Rising on Unusual Volume:
- CTF, PETX, RHT, ISIS, PIR, KMX, MSG, CTAS, FEYE, MEMP, VNOM and VRTX
Stocks With Unusual Call Option Activity:
- 1) CIE 2) GPRE 3) AGN 4) RHT 5) ISIS
Stocks With Most Positive News Mentions:
- 1) RHT 2) CCL 3) DAL 4) CVS 5) ACN
Charts: