Friday, March 22, 2013

Weekly Scoreboard*

Indices
  • S&P 500 1,556.89 -.24%
  • DJIA 14,512.0 -.01%
  • NASDAQ 3,244.99 -.12%
  • Russell 2000 946.27 -.65%
  • Value Line Geometric(broad market) 405.94 -.49%
  • Russell 1000 Growth 710.96 +.07%
  • Russell 1000 Value 794.63 -.52%
  • Morgan Stanley Consumer 959.36 +.88%
  • Morgan Stanley Cyclical 1,168.64 -.88%
  • Morgan Stanley Technology 729.30 -1.59%
  • Transports 6,179.26 -1.49%
  • Utilities 497.36 +.44%
  • Bloomberg European Bank/Financial Services 92.41 -4.26%
  • MSCI Emerging Markets 41.98 -2.45%
  • Lyxor L/S Equity Long Bias 1,135.25 -.40%
  • Lyxor L/S Equity Variable Bias 850.91 -.13%
Sentiment/Internals
  • NYSE Cumulative A/D Line 179,518 +.13%
  • Bloomberg New Highs-Lows Index 213 -698
  • Bloomberg Crude Oil % Bulls 29.03 -15.81%
  • CFTC Oil Net Speculative Position 223,721 -1.96%
  • CFTC Oil Total Open Interest 1,647,391 -4.22%
  • Total Put/Call .93 +9.41%
  • OEX Put/Call .53 -33.75%
  • ISE Sentiment 94.0 -27.13%
  • NYSE Arms .87 -13.86%
  • Volatility(VIX) 13.57 +20.1%
  • S&P 500 Implied Correlation 55.18 -.56%
  • G7 Currency Volatility (VXY) 9.72 +8.24%
  • Smart Money Flow Index 11,394.68 -.81%
  • Money Mkt Mutual Fund Assets $2.625 Trillion -1.0%
  • AAII % Bulls 38.9 -14.3%
  • AAII % Bears 33.3 +4.1%
Futures Spot Prices
  • CRB Index 294.70 -.59%
  • Crude Oil 93.71 +.28%
  • Reformulated Gasoline 306.25 -2.98%
  • Natural Gas 3.93 +1.68%
  • Heating Oil 288.43 -2.08%
  • Gold 1,606.10 +.93%
  • Bloomberg Base Metals Index 202.97 -2.27%
  • Copper 346.60 -1.41%
  • US No. 1 Heavy Melt Scrap Steel 341.33 USD/Ton -3.22%
  • China Iron Ore Spot 135.30 USD/Ton +.52%
  • Lumber 381.90 -5.40%
  • UBS-Bloomberg Agriculture 1,544.71 -.23%
Economy
  • ECRI Weekly Leading Economic Index Growth Rate 6.4% +10 basis points
  • Philly Fed ADS Real-Time Business Conditions Index .1689 -6.43%
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 114.38 +.12%
  • Citi US Economic Surprise Index 29.10 +2.1 points
  • Fed Fund Futures imply 54.0% chance of no change, 46.0% chance of 25 basis point cut on 5/1
  • US Dollar Index 82.38 +.30%
  • Yield Curve 167.0 -7 basis points
  • 10-Year US Treasury Yield 1.93% -6 basis points
  • Federal Reserve's Balance Sheet $3.189 Trillion +1.32%
  • U.S. Sovereign Debt Credit Default Swap 38.31 +.71%
  • Illinois Municipal Debt Credit Default Swap 131.0 -2.07%
  • Western Europe Sovereign Debt Credit Default Swap Index 100.95 +3.59%
  • Emerging Markets Sovereign Debt CDS Index 187.47 +9.41%
  • Israel Sovereign Debt Credit Default Swap 121.29 -6.64%
  • Iraq Sovereign Debt Credit Default Swap 481.09 +7.13%
  • China Blended Corporate Spread Index 401.0 +8 basis points
  • 10-Year TIPS Spread 2.54% -3 basis points
  • TED Spread 21.75 +2.0 basis points
  • 2-Year Swap Spread 17.75 +4.25 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -20.50 -4 basis points
  • N. America Investment Grade Credit Default Swap Index 89.63 +14.2%
  • European Financial Sector Credit Default Swap Index 176.35 +23.42%
  • Emerging Markets Credit Default Swap Index 255.89 +6.76%
  • CMBS AAA Super Senior 10-Year Treasury Spread  to Swaps 134.0 +15.0 basis points
  • M1 Money Supply $2.421 Trillion -2.1%
  • Commercial Paper Outstanding 1,016.40 -.2%
  • 4-Week Moving Average of Jobless Claims 339,800 -7,000
  • Continuing Claims Unemployment Rate 2.4% unch.
  • Average 30-Year Mortgage Rate 3.54% -9 basis points
  • Weekly Mortgage Applications 765.10 -7.1%
  • Bloomberg Consumer Comfort -33.9 -2.3 points
  • Weekly Retail Sales +2.8% +10 basis points
  • Nationwide Gas $3.69/gallon -.01/gallon
  • Baltic Dry Index 930.0 +5.68%
  • China (Export) Containerized Freight Index 1,107.55 +1.52%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 17.50 unch.
  • Rail Freight Carloads 228,806 -2.71%
Best Performing Style
  • Small-Cap Value +.07%
Worst Performing Style
  • Small-Cap Value -.78%
Leading Sectors
  • Oil Tankers +5.8%
  • Education +2.9%
  • Airlines +2.9%
  • Gold & Silver +1.9%
  • Foods +1.5%
Lagging Sectors
  • Software -3.0% 
  • Alt Energy -3.0%
  • Networking -3.5%
  • Oil Service -4.0%
  • Disk Drives -4.8%
Weekly High-Volume Stock Gainers (9)
  • OMPI, COSH, PTRY, PMTI, WSM, AMAG, VHS, ENV and CNP
Weekly High-Volume Stock Losers (13)
  • TICC, DSW, INCY, TLYS, FF, FDS, CAH, ORCL, FDX, ULTA, TISI, SCHL and WAC
Weekly Charts
ETFs
Stocks
*5-Day Change

1 comment:

thediktatreporter said...

A market top has been reached, and that shock, or at least slip events are coming soon to cause investors to derisk and deleverage out of stocks.

Jesus Christ, is God’s economic and plan administrator for every dispensation, that is for every age, as presented in Ephesians 1:10. He has shifted the tectonic plates of sovereignty that produce seigniorage, that is moneyness, has broken the bedrock of prosperous financial experience, and has terminated the experience of the US Dollar, as being the international reserve currency, with the result that the diktat money system is rising to provide diktat as currency, money, wealth and power.

More specifically, we are witnessing the fulfillment of bible prophecy in the news, as the Beast Regime of Revelation 13:1-4, which is destined to have headship in all of the world’s ten regions, as regional governance ..... and dominate in all of mankind’s seven horns, that is institutions, as totalitarian collectivism, and debt servitude ..... is rising not only from the Mediterranean nation of Greece, but now also from the Eastern Mediterranean Sea island of Cyprus; this monster will replace the Banker Regime that came into existence in 1931 with the Federal Reserve Act.

For the week ending March 22, 20123, World Stocks, VT, traded 0.6% lower, Nation Investment, EFA, -0.8%, Small Cap Nation Investment, IFSM, -0.6%, and Global Industrial Producers, FXR, -0.7%, reflecting that an inflection point for risk markets was reached, and indicating that the world has entered into a global bear stock market, as Cyprus leaders and EU Finance Ministers wrangled for a solution to prevent a sovereign default in Cyprus.

Confirmation of a global bear stock market comes from The Morgan Stanley Cyclicals, $CYC, trading 0.9%, lower, Transports, IYT, -1.3%, Industrials, IYJ, -0.7%,global Industrial Producers, FXR, -0.7%, Small Cap Pure Value, RZV,-0.9%, and Small Cap Pure Growth, RZG -0.9%

The EUR/JPY traded lower this week and Action Forex, which surprisingly is long term bullish this carry trade, reports a close at 124.91. Carry trade investing has coming to an end, as reflected in the consolidation triangle seen in the chart of the Optimized Carry Traded ETN, ICI.

Monetization of debt by the world central banks has commenced debt deflation globally. With the trade lower in Major World Currencies, DBV, and Emerging Market Currencies, CEW, competitive currency devaluation is underway. Inasmuch as the US Dollar, $USD, is trading higher and currencies trading lower, the Milton Friedman Free To Choose Floating Currency System, also known as the Fiat Money System, is an epitaph on the tombstone of Liberalism. The diktat money system, where diktat serves as currency, money, and power is being established as Authoritarianism’s Banner.

Risk aversion has commenced, as is seen in the Risk On ETN, ONN, falling, and the Risk Off ETN, OFF, rising. Volatility, ^VIX, is rising with VIXY and VIXM trading higher. Investors will be massively disinvesting out of stocks, and deleveraging out of carry trade investments. A see saw destruction of fiat wealth is underway, as bonds, BND, have traded lower and now stock, VT, are trading lower on falling currency values. The age of fiat asset deflation is underway. The Proshares 200% ETFs seen in this Finviz Screener are trading higher; and the Direxion 300% ETFs seen in this Finviz Screener are trading higher as well. As Liberalism’s Inflationism is giving way to Authoritarianism’s Destructionism, the world is pivoting from credit based prosperity to debt servitude based austerity.