Friday, December 13, 2013

Weekly Scoreboard*

Indices
  • S&P 500 1,775.32 -1.7%
  • DJIA 15,755.34 -1.7%
  • NASDAQ 4,000.97 -1.5%
  • Russell 2000 1,107.05 -2.2%
  • S&P 500 High Beta 29.93 -1.2%
  • Wilshire 5000 18,629.80 -1.6%
  • Russell 1000 Growth 828.04 -1.5%
  • Russell 1000 Value 892.52 -1.6%
  • S&P 500 Consumer Staples 432.96 -2.04%
  • Morgan Stanley Cyclical 1,402.04 -.5%
  • Morgan Stanley Technology 856.68 -2.0%
  • Transports 7,086.43 -1.6%
  • Utilities 477.81 -2.5%
  • Bloomberg European Bank/Financial Services 100.38 -2.4%
  • MSCI Emerging Markets 41.12 -1.2%
  • HFRX Equity Hedge 1,145.35 +.34%
  • HFRX Equity Market Neutral 952.52 +.58%
Sentiment/Internals
  • NYSE Cumulative A/D Line 191,104 -1.4%
  • Bloomberg New Highs-Lows Index -378 -209
  • Bloomberg Crude Oil % Bulls 22.6 -5.92%
  • CFTC Oil Net Speculative Position 320,848 +4.3%
  • CFTC Oil Total Open Interest 1,661,416 +.96%
  • Total Put/Call .85 -1.2%
  • OEX Put/Call .91 -69.3%
  • ISE Sentiment 130.0 -12.2%
  • NYSE Arms 1.22 +40.2%
  • Volatility(VIX) 15.76 +14.3%
  • S&P 500 Implied Correlation 53.35 +6.5%
  • G7 Currency Volatility (VXY) 8.64 +4.47%
  • Emerging Markets Currency Volatility (EM-VXY) 9.08 -.87%
  • Smart Money Flow Index 11,790.42 -1.11%
  • ICI Money Mkt Mutual Fund Assets $2.710 Trillion +.28%
  • ICI US Equity Weekly Net New Cash Flow -$1.048 Billion
  • AAII % Bulls 41,3 -3.2%
  • AAII % Bears 25.0 -9.3%
Futures Spot Prices
  • CRB Index 279.67 +.4%
  • Crude Oil 96.60 -1.24%
  • Reformulated Gasoline 262.93 -3.62%
  • Natural Gas 4.35 +5.4%
  • Heating Oil 297.57 -2.80%
  • Gold 1,234.60 +.37%
  • Bloomberg Base Metals Index 191.04 +1.50%
  • Copper 331.20 +2.2%
  • US No. 1 Heavy Melt Scrap Steel 360.67 USD/Ton unch.
  • China Iron Ore Spot 136.0 USD/Ton -2.3%
  • Lumber 365.60 +5.7%
  • UBS-Bloomberg Agriculture 1,366.44 -.81%
Economy
  • ECRI Weekly Leading Economic Index Growth Rate 2.8% -10 basis points
  • Philly Fed ADS Real-Time Business Conditions Index -.2301 -11.42%
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 120.19 unch.
  • Citi US Economic Surprise Index 32.10 -.4 point
  • Citi Emerging Markets Economic Surprise Index -15.0 -1.3 points
  • Fed Fund Futures imply 34.0% chance of no change, 66.0% chance of 25 basis point cut on 12/18
  • US Dollar Index 80.21 -.05%
  • Euro/Yen Carry Return Index 147.97 +.61%
  • Yield Curve 254.0 -1 basis point
  • 10-Year US Treasury Yield 2.86% unch.
  • Federal Reserve's Balance Sheet $3.951 Trillion +1.57%
  • U.S. Sovereign Debt Credit Default Swap 30.28 +.83%
  • Illinois Municipal Debt Credit Default Swap 164.0 -2.96%
  • Western Europe Sovereign Debt Credit Default Swap Index 56.36 -11.93%
  • Asia Pacific Sovereign Debt Credit Default Swap Index 102.04 -3.90%
  • Emerging Markets Sovereign Debt CDS Index 232.20 -3.05%
  • Israel Sovereign Debt Credit Default Swap 100.16 -2.76%
  • Egypt Sovereign Debt Credit Default Swap 615.0 -1.20%
  • China Blended Corporate Spread Index 335.75 -2.0 basis points
  • 10-Year TIPS Spread 2.16% +4.0 basis points
  • TED Spread 18.25 -.25 basis point
  • 2-Year Swap Spread 10.25 +1.5 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap 1.0 +.5 basis point
  • N. America Investment Grade Credit Default Swap Index 69.80 -.25%
  • European Financial Sector Credit Default Swap Index 97.20 -3.71%
  • Emerging Markets Credit Default Swap Index 277.20 -5.03%
  • CMBS AAA Super Senior 10-Year Treasury Spread  to Swaps 113.0 +3 basis points
  • M1 Money Supply $2.634 Trillion +.68%
  • Commercial Paper Outstanding 1,081.40 +3.0%
  • 4-Week Moving Average of Jobless Claims 328,800 +6,500
  • Continuing Claims Unemployment Rate 2.1% unch.
  • Average 30-Year Mortgage Rate 4.42% -4 basis points
  • Weekly Mortgage Applications 396.20 +1.05%
  • Bloomberg Consumer Comfort -30.90 -.4 point
  • Weekly Retail Sales +2.60% -130 basis points
  • Nationwide Gas $3.25/gallon -.01/gallon
  • Baltic Dry Index 2,330 +7.1%
  • China (Export) Containerized Freight Index 1,046.78 -.81%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.50 -6.25%
  • Rail Freight Carloads 262,765 +26.40%
Best Performing Style
  • Mid-Cap Growth -1.2%
Worst Performing Style
  • Small-Cap Growth -2.4%
Leading Sectors
  • Gaming +2.0%
  • Gold & Silver +1.7%
  • Airlines +1.7%
  • I-Banks -.6%
  • Defense -.8%
Lagging Sectors
  • Medical Equipment -3.1% 
  • Restaurants -3.1%
  • Software -3.3%
  • Alt Energy -3.5%
  • Disk Drives -4.1%
Weekly High-Volume Stock Gainers (14)
  • ENTA, UNS, AGX, XLRN, NRF, HDS, SNI, NCS, CUBI, WSTC, PTRY, SYY, DMND and AUXL
Weekly High-Volume Stock Losers (27)
  • PBY, TAM, EW, ALOG, LL, INFI, NDLS, FIVE, CIEN, LAYN, CUB, POST, COO, NMIH, LH, RH, IDT, BKS, RSE, NFX, BIG, AFSI, LMOS, SEAC, ULTA, OSIS and RALY
Weekly Charts
ETFs
Stocks
*5-Day Change

1 comment:

theyenguy said...

Global Financials, IXG, traded 2.1% lower, leading Nation Investment, EFA, 2.0, lower, and World Stock, VT, 1.7%, lower, as the bond vigilantes, continued calling the Interest Rate Higher on the US Sovereign Debt, ^TNX, to 2.86%, as concerns mounted over the ECB’s Mario Draghi monetary policy Mandate, announced the week ending December 6, 2013, coming via Bloomberg report, Italy’s Bonds drop with Spain’s on concern ECB to limit support, that prevents lenders from using future loans it provides to buy sovereign debt, and as concerns arose that Chinese Banks, not the Chinese government, must bear lending losses.


Global Financials, IXG, -2.1%; financials trading lower included:

India Earnings, EPI -4.1%

China Financials, CHIX -4.8

Australia Dividends, AUSE, -3.2

Emerging Market Financials EMFN -2.8

European Financials, EUFN -2.5

Regional Banks, KRE, -2.1

Too Big To Fail Banks, RWW, -1.2

Brazil Financials, BRAF, ---

Nation Investment, EFA, -2.0%; nations trading lower included:

Philippines, EPHE -6.2%

India Small Caps, SCIN -5.0

India, INP -4.8

Australia, EWA -4.1

New Zealand, KROO -3.5

Thailand, THD -3.1

Vietnam, VNM -3.1

Indonesia, -3.1

Netherlands, EWN, -2.9.

China, YAO -2.8

Indonesia, IDX -3.1

The UK, EWU -2.5

Sweden, EWD -2.5

The Eurozone, EZU -2.5

Emerging Markets, EEM -2.5


World Stocks, VT, -1.7%; sectors trading lower included:

Solar Energy, TAN, -6.0%

Rare Earth Miners, REMX, -5.1

Spin Offs, CSD -4.8

Small Caps Consumer Staples, PSCC -3.5

Pharmaceuticals, PJP -3.1

Medical Devices, IHI -3.0

Biotechnology, IBB -2.9

Industrial Miners, PICK -2.9

Health Care Providers, IHF -2.8.

Food and Beverage, PBJ -2.8

Networking, IGN -2.6

China Industrials, CHII -2.5


Yield Bearing Investment sectors trading lower included:

Chinese Real Estate, TAO -3.5%
Commercial Office REITS, FNIO -3.1

Global Real Estate, DRW -2.5

Residential REITS, REZ -2.5

Utilities, XLU -2.5





The ECB’s Mario Draghi monetary policy Mandate, announced the week ending December 6, 2013, coming via Bloomberg report, Italy’s Bonds drop with Spain’s on concern ECB to limit support, is destabilizing government debt markets. With OMT funding of EU Treasury Debt gone, and EU governments unable to find funding for fiscal spending, the EU is going to see sovereign insolvency, banking insolvency, and corporate insolvency on an overwhelming scale.


Out of chaos, there is coming a profound change in the nature of government and moneyness. Regional governance, not democratic nation states, will emerge as leaders meet in summits to renounce national sovereignty, and announce regional pooled sovereignty. Regional nannycrats, not banks and financial markets, will provide seigniorage, that is moneyness. Diktat policies of regional governance, and fiscal and debt servitude schemes of totalitarian collectivism, will provide economic life in the EU.