Friday, January 17, 2020

Weekly Scoreboard*

S&P 500 3,324.29 +1.9%
























The Weekly Wrap by Briefing.com.
 
Indices
  • DJIA 29,316.81 +1.76%
  • NASDAQ 9,362.61 +2.06%
  • Russell 2000 1,701.25 +2.67%
  • S&P 500 High Beta 48.03 +1.78%
  • Goldman 50 Most Shorted 159.67 +3.3%
  • Wilshire 5000 33,986.82 +1.9%
  • Russell 1000 Growth 1,852.53 +2.13%
  • Russell 1000 Value 1,364.23 +1.61%
  • S&P 500 Consumer Staples 656.63 +1.96%
  • MSCI Cyclicals-Defensives Spread 1,132.94 +.22%
  • NYSE Technology 2,279.27 +2.16%
  • Transports 11,285.44 +2.78%
  • Utilities 907.27 +3.82%
  • Bloomberg European Bank/Financial Services 77.47 -1.05%
  • MSCI Emerging Markets 46.07 +1.47%
  • HFRX Equity Hedge 1,281.08 +.55%
  • HFRX Equity Market Neutral 946.69 -.53%
Sentiment/Internals
  • NYSE Cumulative A/D Line 401,461 +1.06%
  • Bloomberg New Highs-Lows Index 1,280 +543
  • Bloomberg Crude Oil % Bulls 30.77 -16.1%
  • CFTC Oil Net Speculative Position 567,272 +2.24%
  • CFTC Oil Total Open Interest 2,244,930 +4.63%
  • Total Put/Call .64 -25.6%
  • OEX Put/Call 2.27 +13.2%
  • ISE Sentiment 91.0 unch.
  • NYSE Arms 1.08 -14.7%
  • Volatility(VIX) 12.16 -3.2%
  • S&P 500 Implied Correlation 37.58 -8.85%
  • G7 Currency Volatility (VXY) 4.94 -3.7%
  • Emerging Markets Currency Volatility (EM-VXY) 6.01 -6.09%
  • Smart Money Flow Index 15,643.51 -.27%
  • ICI Money Mkt Mutual Fund Assets $3.630 Trillion -.2%
  • ICI Domestic Equity Mutual Fund/ETFs Weekly Flows -$13.141 Billion
  • AAII % Bulls 41.8 +26.5%
  • AAII % Bears 27.5 -8.0%
Futures Spot Prices
  • CRB Index 182.68 -.77%
  • Crude Oil 58.34 -1.1%
  • Reformulated Gasoline 164.07 -.98%
  • Natural Gas 2.0 -8.97%
  • Heating Oil 185.53 -3.93%
  • Gold 1,560.80 -.28%
  • Bloomberg Base Metals Index 180.03 +1.71%
  • Copper 284.60 +1.51%
  • US No. 1 Heavy Melt Scrap Steel 293.0 USD/Metric Tonne -2.01%
  • China Iron Ore Spot 90.90 USD/Metric Tonne -2.38%
  • Lumber 436.20 +4.64%
  • UBS-Bloomberg Agriculture 910.84 +.08%
Economy
  • Atlanta Fed GDPNow Forecast +1.79% -48.0 basis points
  • ECRI Weekly Leading Economic Index Growth Rate +4.4% +110.0 basis points
  • Bloomberg US Recession Probability Next 12 Months 30.0% unch.
  • Philly Fed ADS Real-Time Business Conditions Index -.1095+10.7%
  • US Economic Policy Uncertainty Index 68.9 -56.4%
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 177.25 +.42%
  • Citi US Economic Surprise Index 10.6 +10.1 points
  • Citi Eurozone Economic Surprise Index 39.7 -3.6 points
  • Citi Emerging Markets Economic Surprise Index 2.2 +8.2 points
  • Fed Fund Futures imply 84.5% chance of no change, 0.0% chance of rate cut on 1/29
  • US Dollar Index 97.62 +.27%
  • MSCI Emerging Markets Currency Index 1,668.15 +.01%
  • Bitcoin/USD 8,886.95 +10.2%
  • Euro/Yen Carry Return Index 126.79 +.36%
  • Yield Curve 27.0 +2.0 basis points
  • 10-Year US Treasury Yield 1.83% +1.0 basis point
  • Federal Reserve's Balance Sheet $4.137 Trillion +.64%
  • U.S. Sovereign Debt Credit Default Swap 14.56 -1.89%
  • Illinois Municipal Debt Credit Default Swap 161.99 -.02%
  • Italian/German 10Y Yld Spread 159.0 +7.0 basis points
  • China Sovereign Debt Credit Default Swap 29.72 -6.62%
  • Brazil Sovereign Debt Credit Default Swap 97.35 -.65%
  • Israel Sovereign Debt Credit Default Swap 44.66 -13.89%
  • South Korea Sovereign Debt Credit Default Swap 20.49 -6.94%
  • Russia Sovereign Debt Credit Default Swap 59.52 +1.04%
  • iBoxx Offshore RMB China Corporate High Yield Index 169.11 +.28%
  • 10-Year TIPS Spread 1.75% -1.0 basis point
  • TED Spread 27.0 -4.75 basis points
  • 2-Year Swap Spread 8.25 +1.75 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -2.75 unch.
  • N. America Investment Grade Credit Default Swap Index 43.82 -.7%
  • America Energy Sector High-Yield Credit Default Swap Index 548.0 +2.87%
  • European Financial Sector Credit Default Swap Index 50.84 +.86%
  • Emerging Markets Credit Default Swap Index 178.59 -.97%
  • CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 180.0 unch.
  • M1 Money Supply $3.951 Trillion -.82%
  • Commercial Paper Outstanding 1,121.30 -.4%
  • 4-Week Moving Average of Jobless Claims 216,250 -7,750
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Average 30-Year Mortgage Rate 3.65% +1.0 basis point
  • Weekly Mortgage Applications 613.60 +30.2%
  • Bloomberg Consumer Comfort 66.0 +.9 point
  • Weekly Retail Sales +5.0% -110.0 basis points
  • Nationwide Gas $2.56/gallon -.04/gallon
  • Baltic Dry Index 768.0 -.78%
  • China (Export) Containerized Freight Index 964.95 +4.09%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 50.0 -23.1%
  • Rail Freight Carloads 262,505 +32.3%
Best Performing Style
  • Small-Cap Growth +3.2%
Worst Performing Style
  • Large-Cap Value +1.6%
Leading Sectors
  • Alt Energy +6.5%
  • Homebuilding +5.4%
  • Gaming +4.3%
  • Road & Rail +4.0%
  • Utilities +3.6%
Lagging Sectors
  • Coal -.1% 
  • Banks -.3%
  • Energy -1.8%
  • Shipping -2.0%
  • Oil Service -2.3%
Weekly High-Volume Stock Gainers (24)
  • FTSV, PLAY, ALEC, PRNB, CCC, PRGS, PRVB, KRTX, QCOM, CCXI, RUN, TRHC, YETI, BL, SNAP, MIDD, FATE, FHN, IBKC, EPZM, KSU, CTL, MGP and GH
Weekly High-Volume Stock Losers (1)
  • CODI
Weekly Charts
ETFs
Stocks
*5-Day Change

Stocks Rising into Afternoon on Global Growth Optimism, Earnings Outlooks, Technical Buying, Restaurant/Steel Sector Strength

 Broad Equity Market Tone:
  • Advance/Decline Line: Slightly Lower
  • Sector Performance: Mixed
  • Volume: Above Average
  • Market Leading Stocks: Performing In Line
Equity Investor Angst:
  • Volatility(VIX) 12.2 -.97%
  • Euro/Yen Carry Return Index 126.76 -.43%
  • Emerging Markets Currency Volatility(VXY) 6.01 -2.44%
  • S&P 500 Implied Correlation 37.33 -.32%
  • ISE Sentiment Index 99.0 +4
  • Total Put/Call .63 -8.7%
  • NYSE Arms 1.03 +17.1%
Credit Investor Angst:
  • North American Investment Grade CDS Index 43.83 -.7%
  • America Energy Sector High-Yield CDS Index 544.0 -.55%
  • European Financial Sector CDS Index 52.09 +2.79%
  • Italian/German 10Y Yld Spread 159.0 -6.5 basis points
  • Asia Ex-Japan Investment Grade CDS Index 50.80 -2.06%
  • Emerging Market CDS Index 178.59 +.64%
  • iBoxx Offshore RMB China Corporate High Yield Index 169.11 +.09%
  • 2-Year Swap Spread 8.25 +1.25 basis points
  • TED Spread 27.0 2.5 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -2.75 +.25 basis point
Economic Gauges:
  • Bloomberg Emerging Markets Currency Index 66.32 -.12%
  • 3-Month T-Bill Yield 1.5% +1.0 basis point
  • Yield Curve .27 +4.0 basis points
  • China Iron Ore Spot 95.0 USD/Metric Tonne +.45%
  • Citi US Economic Surprise Index 10.6 +6.0 points
  • Citi Eurozone Economic Surprise Index 39.70 -.4 point
  • Citi Emerging Markets Economic Surprise Index 2.2 +5.2 basis points
  • 10-Year TIPS Spread 1.75 unch.
  • .8% chance of Fed rate cut at March 18th meeting, 6.7% chance of cut at April 29th meeting
Overseas Futures:
  • Nikkei 225 Futures: Indicating -5 open in Japan 
  • China A50 Futures: Indicating +66 open in China
  • DAX Futures: Indicating -7 open in Germany
Portfolio:
  • Slightly Higher: On gains in my tech/medical sector longs
  • Disclosed Trades: Nonee
  • Market Exposure: 100% Net Long