Saturday, December 29, 2018

Today's Headlines

Barron's:
  • Had bullish commentary on (MPC), (TGT), (DIS) and (BBY).
Zero Hedge:
Business Insider:

Friday, December 28, 2018

Weekly Scoreboard*

S&P 500 2,485.74 +.74%


























The Weekly Wrap by Briefing.com.
 
Indices
  • DJIA 23,062.40 +.89%
  • NASDAQ 6,584.52 +.86%
  • Russell 2000 1,337.92 +.90%
  • S&P 500 High Beta 35.04 +1.04%
  • Goldman 50 Most Shorted 134.08 +1.27%
  • Wilshire 5000 25,504.40 +.76%
  • Russell 1000 Growth 1,302.03 +1.11%
  • Russell 1000 Value 1,085.22 +.39%
  • S&P 500 Consumer Staples 519.79 -.36%
  • MSCI Cyclicals-Defensives Spread 998.60 +.34%
  • NYSE Technology 1,559.01 +1.02%
  • Transports 9,109.13 +.88%
  • Utilities 711.94 -2.4%
  • Bloomberg European Bank/Financial Services 71.52 -2.6%
  • MSCI Emerging Markets 39.07 +1.08%
  • HFRX Equity Hedge 1,142.08 +1.03%
  • HFRX Equity Market Neutral 969.31 -.23%
Sentiment/Internals
  • NYSE Cumulative A/D Line 309,071 +.61%
  • Bloomberg New Highs-Lows Index -1,007 +2,119
  • Bloomberg Crude Oil % Bulls 28.21 n/a
  • CFTC Oil Net Speculative Position 309,608 +.03%
  • CFTC Oil Total Open Interest 2,063,376 +.62%
  • Total Put/Call .77 -46.15%
  • OEX Put/Call .82 +30.16%
  • ISE Sentiment 95.0 +82.69%
  • NYSE Arms 1.72 +57.8%
  • Volatility(VIX) 28.34 -.14%
  • S&P 500 Implied Correlation 50.26 +2.4%
  • G7 Currency Volatility (VXY) 8.79 +5.14%
  • Emerging Markets Currency Volatility (EM-VXY) 9.72 +1.78%
  • Smart Money Flow Index 11,901.90 +7.08%
  • ICI Money Mkt Mutual Fund Assets $3.039 Trillion +1.01%
  • ICI Domestic Equity Mutual Fund/ETFs Weekly Flows -$2.398 Billion
  • AAII % Bulls 31.6 +26.9%
  • AAII % Bears 50.3 +6.3%
Futures Spot Prices
  • CRB Index 170.97 -.99%
  • Crude Oil 45.33 -1.93%
  • Reformulated Gasoline 132.62 -.47%
  • Natural Gas 3.30 -10.9%
  • Heating Oil 166.47 -5.46%
  • Gold 1,283.0 +1.55%
  • Bloomberg Base Metals Index 177.34 -.26%
  • Copper 268.15 -.80%
  • US No. 1 Heavy Melt Scrap Steel 293.0 USD/Metric Tonne -2.98%
  • China Iron Ore Spot 69.58 USD/Metric Tonne +.12%
  • Lumber 331.50 -1.92%
  • UBS-Bloomberg Agriculture 921.02 -1.22%
Economy
  • Atlanta Fed GDPNow Forecast +2.71% unch.
  • ECRI Weekly Leading Economic Index Growth Rate -4.4% -50.0 basis points
  • Bloomberg US Recession Probability Next 12 Months 20.0% unch.
  • Philly Fed ADS Real-Time Business Conditions Index .1449 -3.91%
  • US Economic Policy Uncertainty Index 161.23 -36.3%
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 173.42 -.22%
  • Citi US Economic Surprise Index -17.90 -1.6 points
  • Citi Eurozone Economic Surprise Index -73.30 +4.2 points
  • Citi Emerging Markets Economic Surprise Index -2.9 +1.0 point
  • Fed Fund Futures imply 97.9% chance of no change, 0.0% chance of 25 basis point hike on 1/30
  • US Dollar Index 96.37 -.01%
  • MSCI Emerging Markets Currency Index 1,608.71 -.03%
  • Bitcoin/USD 3,885.50 +.8%
  • Euro/Yen Carry Return Index 131.21 -.13%
  • Yield Curve 19.5 +4.5 basis points
  • 10-Year US Treasury Yield 2.71% -8.0 basis points
  • Federal Reserve's Balance Sheet $4.036 Trillion -.22%
  • U.S. Sovereign Debt Credit Default Swap 22.14 +11.4%
  • Illinois Municipal Debt Credit Default Swap 201.35 -.02%
  • Italian/German 10Y Yld Spread 250.0 -8.0 basis points
  • Asia Pacific Sovereign Debt Credit Default Swap Index 11.62 unch.
  • Emerging Markets Sovereign Debt CDS Index 78.85 -1.39%
  • Israel Sovereign Debt Credit Default Swap 67.80 -2.5%
  • South Korea Sovereign Debt Credit Default Swap 39.50 -1.07%
  • Russia Sovereign Debt Credit Default Swap 153.77 +1.69%
  • iBoxx Offshore RMB China Corporate High Yield Index 151.12 +.11%
  • 10-Year TIPS Spread 1.73% -4.0 basis points
  • TED Spread 43.25 +.5 basis point
  • 2-Year Swap Spread 14.5 -.75 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap 1.5 +2.75 basis points
  • N. America Investment Grade Credit Default Swap Index 88.37 -3.75%
  • America Energy Sector High-Yield Credit Default Swap Index 808.0 +.95%
  • European Financial Sector Credit Default Swap Index 113.70 +3.24%
  • Emerging Markets Credit Default Swap Index 208.71 -.91%
  • CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 180.0 unch.
  • M1 Money Supply $3.736 Trillion -2.14%
  • Commercial Paper Outstanding 1,055.60 -1.7%
  • 4-Week Moving Average of Jobless Claims 218,000 -4,750
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Average 30-Year Mortgage Rate 4.55% -7.0 basis points
  • Weekly Mortgage Applications 325.90 n/a
  • Bloomberg Consumer Comfort 59.4 +.6 point
  • Weekly Retail Sales +7.20% +40.0 basis points
  • Nationwide Gas $2.29/gallon -.06/gallon
  • Baltic Dry Index 1,271.0 -9.6%
  • China (Export) Containerized Freight Index 834.86 -.81%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.50 -7.14%
  • Rail Freight Carloads 290,141 -3.74%
Best Performing Style
  • Mid-Cap Growth +1.4%
Worst Performing Style
  • Mid-Cap Value -.5%
Leading Sectors
  • Semis +3.1%
  • Disk Drives +3.0%
  • Video Gaming +2.8%
  • Medical Equipment +2.6%
  • Oil Service +2.2%
Lagging Sectors
  • Homebuilders -1.7% 
  • Foods -1.8%
  • Telecom -2.0%
  • Tobacco -2.1%
  • Utilities -2.3%
Weekly High-Volume Stock Gainers (4)
  • BPT, FRC, LGF/A and ILPT
Weekly High-Volume Stock Losers (0)
  • None
Weekly Charts
ETFs
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*5-Day Change