Weekly Scoreboard*

The Weekly Wrap by Briefing.com. 

Indices

• S&P 500 2,355.54 -.30%

• DJIA 20,656.10 -.03%

• NASDAQ 5,877.81 -.57%

• Russell 2000 1,364.56 -1.54%

• S&P 500 High Beta 37.44 -.4%

• Goldman 50 Most Shorted 120.13 -1.02%

• Wilshire 5000 24,403.32 -.43%

• Russell 1000 Growth 1,139.35 -.34%

• Russell 1000 Value 1,128.05 -.32%

• S&P 500 Consumer Staples 562.47 +.12%

• Vanda Cyclicals-Defensives 1.3022 -.05%
  

• Morgan Stanley Technology 1,379.0 -.17%

• Transports 9,104.81 -.13%

• Utilities 699.22 +.27%

• Bloomberg European Bank/Financial Services 95.54 -1.41%

• MSCI Emerging Markets 39.31 -.22%

• HFRX Equity Hedge 1,184.38 -.19%

• HFRX Equity Market Neutral 1,000.42 -.18%

Sentiment/Internals

• NYSE Cumulative A/D Line 284,362 +.03%

• Bloomberg New Highs-Lows Index 78 -188

• Bloomberg Crude Oil % Bulls 34.09 -28.23%

• CFTC Oil Net Speculative Position 398,080 -4.88%

• CFTC Oil Total Open Interest 2,222,462 +1.29%

• Total Put/Call .95 -19.49%

• OEX Put/Call .92 -85.37%

• ISE Sentiment 66.0 -50.38%

• NYSE Arms 1.51 -1.30%

• Volatility(VIX) 12.87 +4.04%

• S&P 500 Implied Correlation 45.09 +1.60%

• G7 Currency Volatility (VXY) 9.20 +3.84%

• Emerging Markets Currency Volatility (EM-VXY) 9.43 +3.97%

• Smart Money Flow Index 19,344.25 -.95%

• ICI Money Mkt Mutual Fund Assets $2.648 Trillion -.23%

• ICI US Equity Weekly Net New Cash Flow -$4.760 Billion

• AAII % Bulls 28.3 -6.4%

• AAII % Bears 39.6 +6.0%

Futures Spot Prices

• CRB Index 187.10 +.66%

• Crude Oil 52.24 +2.73%

• Reformulated Gasoline 174.62 +2.47%

• Natural Gas 3.26 +2.16%

• Heating Oil 162.84 +3.42%

• Gold 1,257.30 +.79%

• Bloomberg Base Metals Index 177.31 -1.36%

• Copper 264.70 -.32%

• US No. 1 Heavy Melt Scrap Steel 286.67 USD/Ton -.35%

• China Iron Ore Spot 75.45 USD/Ton -6.15%

• Lumber 399.60 +5.63%

• UBS-Bloomberg Agriculture 1,090.18 -.76%

Economy

• Atlanta Fed GDPNow Forecast +.6% -30.0 basis points

• ECRI Weekly Leading Economic Index Growth Rate +7.5% -40.0 basis points
  

• Philly Fed ADS Real-Time Business Conditions Index -.1255 +14.68% 

• US Economic Policy Uncertainty Index 63.29 -64.4%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 134.06 +.22%

• Citi US Economic Surprise Index 38.80 -9.2 points

• Citi Eurozone Economic Surprise Index 41.10 -13.0 points

• Citi Emerging Markets Economic Surprise Index 29.20 -5.2 points

• Fed Fund Futures imply 86.7% chance of no change 13.3% chance of 25 basis point hike on 5/3

• US Dollar Index 101.18 +.62%

• MSCI Emerging Markets Currency Index 1,573.35 -.32%

• Euro/Yen Carry Return Index 122.84 -.85%

• Yield Curve 110.0 -5.0 basis points

• 10-Year US Treasury Yield 2.38% -2.0 basis points

• Federal Reserve's Balance Sheet $4.436 Trillion +.12%

• U.S. Sovereign Debt Credit Default Swap 23.28 -8.69%

• Illinois Municipal Debt Credit Default Swap 394.0 -.06%

• Western Europe Sovereign Debt Credit Default Swap Index 12.13 -2.65%

• Asia Pacific Sovereign Debt Credit Default Swap Index 21.17 -.05%
  

• Emerging Markets Sovereign Debt CDS Index 52.24 -.43%
  

• Israel Sovereign Debt Credit Default Swap 69.99 -.14%

• Iraq Sovereign Debt Credit Default Swap 520.32 unch.

• Russia Sovereign Debt Credit Default Swap 170.82 +2.26%

• iBoxx Offshore RMB China Corporate High Yield Index 136.66 +.14%

• 10-Year TIPS Spread 1.95% -2.0 basis points
  

• TED Spread 34.25 -4.75 basis points

• 2-Year Swap Spread 33.50 -2.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -25.75 -.25 basis point

• N. America Investment Grade Credit Default Swap Index 65.28 -1.27%

• America Energy Sector High-Yield Credit Default Swap Index 350.0 -4.23%

• European Financial Sector Credit Default Swap Index 88.99 +.47%
  

• Emerging Markets Credit Default Swap Index 210.35 -1.52%
  

• CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 144.0 +.5 basis point
  

• M1 Money Supply $3.422 Trillion -.60%

• Commercial Paper Outstanding 992.70 +.90%

• 4-Week Moving Average of Jobless Claims 250,000 -4,250

• Continuing Claims Unemployment Rate 1.5% unch.
  

• Average 30-Year Mortgage Rate 4.10% -4.0 basis points

• Weekly Mortgage Applications 397.10 -1.61%

• Bloomberg Consumer Comfort 50.2 +.5 point

• Weekly Retail Sales +1.10% +10.0 basis points

• Nationwide Gas $2.38/gallon +.07/gallon

• Baltic Dry Index 1,223.0 -5.71%

• China (Export) Containerized Freight Index 799.43 +1.23%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 +20.0%

• Rail Freight Carloads 267,945 +.89%

Best Performing Style

•  Mid-Cap Value -.2%

Worst Performing Style

•  Small-Cap Growth -1.7%

Leading Sectors

• Coal +3.6%

• Gold & Silver +2.8%

• HMOs +1.5%

• Road & Rail +1.2%

• REITs +.9%

Lagging Sectors

• Retail -1.7% 

• Computer Hardware -1.9%

• 3D Printing -2.1%

• Hospitals -2.3%

• I-Banks -2.4%

Weekly High-Volume Stock Gainers (16)

• GNCMA, TRR, CONN, FC, HOFT, PNRA, PRTK, FMC, LL, DXPE, GBX, LNDC, MTSI, NEWR, KWR and TWOU

Weekly High-Volume Stock Losers (7)

• PKE, AXL, CAFD, AYI, RECN, NLNK and ACOR

Weekly Charts

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change

Stocks Reversing Slightly Higher into Final Hour on Higher Long-Term Rates, Oil Gain, Yen Weakness, Biotech/Defense Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: About Even
  

• Sector Performance: Mixed
  

• Volume: Below Average

• Market Leading Stocks: Performing In Line
  

Equity Investor Angst:

• Volatility(VIX) 12.69 +2.42%

• Euro/Yen Carry Return Index 122.96 -.16%

• Emerging Markets Currency Volatility(VXY) 9.39 +1.08%

• S&P 500 Implied Correlation 43.45 -5.38%

• ISE Sentiment Index 82.0 -24.1%
  

• Total Put/Call .92 +1.10%

• NYSE Arms .91 -25.0%

Credit Investor Angst:

• North American Investment Grade CDS Index 64.93 -1.2%
  

• America Energy Sector High-Yield CDS Index 351.0 -.02%

• European Financial Sector CDS Index 88.92 -.1%

• Western Europe Sovereign Debt CDS Index 12.13 -5.09%

• Asia Pacific Sovereign Debt CDS Index 21.24 +1.05%

• Emerging Market CDS Index 210.63 -.22%
  

• iBoxx Offshore RMB China Corporate High Yield Index 136.66 unch.

• 2-Year Swap Spread 33.5 -.5 basis point

• TED Spread 34.25 -1.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -25.75 -3.0 basis points

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 71.70 -.17%
• 3-Month T-Bill Yield .81% +1.0 basis point
  

• Yield Curve 109.0 -1.0 basis point
  

• China Import Iron Ore Spot $75.45/Metric Tonne -6.76%

• Citi US Economic Surprise Index 38.80 -8.5 points

• Citi Eurozone Economic Surprise Index 41.10 +5.1 points

• Citi Emerging Markets Economic Surprise Index 29.20 -.4 point

• 10-Year TIPS Spread 1.95 -1.0 basis point
  
• 63.2% chance of Fed rate hike at June 14 meeting, 67.3% chance at July 26 meeting

Overseas Futures:

• Nikkei 225 Futures: Indicating +201 open in Japan 
• China A50 Futures: Indicating +19 open in China

• DAX Futures: Indicating +30 open in Germany

Portfolio: 

• Slightly Higher: On gains in my biotech/medical sector longs 

• Disclosed Trades: None

• Market Exposure: 50% Net Long