Saturday, February 29, 2020

Today's Headlines

Barron's:
  • Had bullish commentary on (GOOGL), (CVX), (COP), (TSLA), (BAC), (JOM), (VZ).
  • Had bearish commentary on (YUMC), (CMI), (TEX), (LECO), (AMZN), (JBL) and (WYNN).
MarketWatch.com: 
Zero Hedge: 

Friday, February 28, 2020

Weekly Scoreboard*

S&P 500 2,954.22 -11.49%
























The Weekly Wrap by Briefing.com.
 
Indices
  • DJIA 25,409.36 -12.4%
  • NASDAQ 8,567.37 -10.54%
  • Russell 2000 1,476.33 -12.04%
  • S&P 500 High Beta 40.62 -13.09%
  • Goldman 50 Most Shorted 135.75 -13.8%
  • Wilshire 5000 30,204.72 -11.6%
  • Russell 1000 Growth 1,683.54 -10.9%
  • Russell 1000 Value 1,185.92 -12.3%
  • S&P 500 Consumer Staples 595.21 -10.4%
  • MSCI Cyclicals-Defensives Spread 1,152.23 -.34%
  • NYSE Technology 2,145.23 -10.6%
  • Transports 9,388.19 -13.94%
  • Utilities 839.96 -11.47%
  • Bloomberg European Bank/Financial Services 67.8 -13.8%
  • MSCI Emerging Markets 40.77 -2.46%
  • HFRX Equity Hedge 1,248.92 -2.19%
  • HFRX Equity Market Neutral 936.50 -.15%
Sentiment/Internals
  • NYSE Cumulative A/D Line 390,402 -3.08%
  • Bloomberg New Highs-Lows Index -1,471 -1,864
  • Bloomberg Crude Oil Net % Bulls 23.3 -3.2%
  • CFTC Oil Net Speculative Position 411,464 +3.78%
  • CFTC Oil Total Open Interest 2,138,168 -3.4%
  • Total Put/Call 1.27 +16.51%
  • OEX Put/Call 1.11 +8.06%
  • ISE Sentiment 85.0 +5
  • NYSE Arms .63 -43.24%
  • Volatility(VIX) 40.1 +134.8%
  • S&P 500 Implied Correlation 49.08 +24.4%
  • G7 Currency Volatility (VXY) 7.19 +31.20%
  • Emerging Markets Currency Volatility (EM-VXY) 8.14 +17.8%
  • Smart Money Flow Index 13,292.88 -11.3%
  • ICI Money Mkt Mutual Fund Assets $3.634 Trillion +.02%
  • ICI Domestic Equity Mutual Fund/ETFs Weekly Flows -$3.256 Billion
  • AAII % Bulls 30.4 -25.0%
  • AAII % Bears 39.1 +36.5%
Futures Spot Prices
  • CRB Index 159.45  -8.7%
  • Crude Oil 44.76 -16.3%
  • Reformulated Gasoline 148.28 -15.63%
  • Natural Gas 1.68 -11.65%
  • Heating Oil 148.75 -12.3%
  • Gold 1,566.70 -4.81%
  • Bloomberg Base Metals Index 161.08 -1.35%
  • Copper 254.0 -2.38%
  • US No. 1 Heavy Melt Scrap Steel 272.0 USD/Metric Tonne unch.
  • China Iron Ore Spot 82.0 USD/Metric Tonne -6.9%
  • Lumber 410.90 -10.65%
  • UBS-Bloomberg Agriculture 863.33 -3.3%
Economy
  • Atlanta Fed GDPNow Forecast +2.59% +2.0 basis points
  • ECRI Weekly Leading Economic Index Growth Rate +2.6% -120.0 basis points
  • Bloomberg US Recession Probability Next 12 Months 25.0% unch.
  • Philly Fed ADS Real-Time Business Conditions Index -.2406 +4.83%
  • US Economic Policy Uncertainty Index 533.78 +262.65%
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 178.11 -.03%
  • Citi US Economic Surprise Index 56.2 +5.5 points
  • Citi Eurozone Economic Surprise Index .4 +6.1 points
  • Citi Emerging Markets Economic Surprise Index 15.4 -5.5 points
  • Fed Fund Futures imply 0.0% chance of no change, 91.5% chance of 50.0 basis point rate cut on 3/18
  • US Dollar Index 97.96 -.92%
  • MSCI Emerging Markets Currency Index 1,625.09 -.42%
  • Bitcoin/USD 8,621.73 -11.2%
  • Euro/Yen Carry Return Index 123.25 -1.64%
  • Yield Curve 24.0 +12.0 basis points
  • 10-Year US Treasury Yield 1.13% -33.0 basis points
  • Federal Reserve's Balance Sheet $4.120 Trillion -.33%
  • U.S. Sovereign Debt Credit Default Swap 14.06 -6.33%
  • Illinois Municipal Debt Credit Default Swap 152.92 +.72%
  • Italian/German 10Y Yld Spread 174.25 +40.0 basis points
  • China Sovereign Debt Credit Default Swap 51.21 +44.10%
  • Brazil Sovereign Debt Credit Default Swap 131.98 +42.0%
  • Israel Sovereign Debt Credit Default Swap 47.42 +3.85%
  • South Korea Sovereign Debt Credit Default Swap 34.53 +39.8%
  • Russia Sovereign Debt Credit Default Swap 64.60 +3.52%
  • iBoxx Offshore RMB China Corporate High Yield Index 171.21 +.24%
  • 10-Year TIPS Spread 1.43% -18.0 basis point
  • TED Spread 19.5 +6.25 basis points
  • 2-Year Swap Spread 5.75 +4.0 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap -16.75 -8.5 basis points
  • N. America Investment Grade Credit Default Swap Index 66.58 +43.59%
  • America Energy Sector High-Yield Credit Default Swap Index 610.0 -3.78%
  • European Financial Sector Credit Default Swap Index 73.98 +51.73%
  • Emerging Markets Credit Default Swap Index 245.86 +26.6%
  • CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 180.0 unch.
  • M1 Money Supply $3.998 Trillion -.71%
  • Commercial Paper Outstanding 1,128.70 +.50%
  • 4-Week Moving Average of Jobless Claims 209,750 +750
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Average 30-Year Mortgage Rate 3.45% -4.0 basis points
  • Weekly Mortgage Applications 655.0 +1.47%
  • Bloomberg Consumer Comfort 63.5 -2.1 points
  • Weekly Retail Sales +5.30% unch.
  • Nationwide Gas $2.46/gallon -.01/gallon
  • Baltic Dry Index 529.0 +6.44%
  • China (Export) Containerized Freight Index 905.40 -1.59%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 unch.
  • Rail Freight Carloads 249,821 -.74%
Best Performing Style
  • Mid-Cap Growth -10.8%
Worst Performing Style
  • Mid-Cap Value -12.9%
Leading Sectors
  • Video Gaming -8.2%
  • Shipping -8.2%
  • Education -8.2%
  • Biotech -8.9%
  • Software -9.1%
Lagging Sectors
  • Banks -15.3% 
  • Gaming -15.8%
  • Gold & Silver -16.2%
  • Oil Service -17.0%
  • Airlines -22.2%
Weekly High-Volume Stock Gainers (8)
  • NVAX, LRN, ZYXI, BGS, REZI, ALLO, NGM and REGN
Weekly High-Volume Stock Losers (61)
  • GOF, CNO, COST, IBKC, JNJ, CR, MGM, TREX, FHN, RGLD, NDAQ, SGMS, WEN, DGX, LH, DAL, FND, BMCH, FTI, MCK, EQM, MCK, SC, LMT, OGE, PTY, ONB, ALK, HII, JPM, LADR, PNM, SPR, ACHC, AAL, SEIC, MTZ, CBOE, PLNT, LHCG, IRT, WTRG, MYL, CVNA, LILAK, CROX, DELL, HTGC, DNP, CHDN, VMW, SWCH, SAGE, W, CDXS, EB, GKOS and BIG
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*5-Day Change