Weekly Scoreboard*

S&P 500 3,619.74 -1.74%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 28,911.25 -2.12%

• NASDAQ 10,571.61 -1.46%

• Russell 2000 1,682.73 +.51%

• S&P 500 High Beta 58.05 -1.46%

• Goldman 50 Most Shorted 169.77 +.52%

• Wilshire 5000 36,348.50 -1.7%

• Russell 1000 Growth 2,144.41 -1.52%

• Russell 1000 Value 1,351.13 -1.57%

• S&P 500 Consumer Staples 698.88 -3.2%

• MSCI Cyclicals-Defensives Spread 1,078.93 -.86%
  

• NYSE Technology 2,508.45 -1.63%

• Transports 12,141.93 +.27%

• Utilities 890.37 -8.9%

• Bloomberg European Bank/Financial Services 64.8 -5.1%

• MSCI Emerging Markets 35.14 -2.44%

• HFRX Equity Hedge 1,427.19 -.30%

• HFRX Equity Market Neutral 913.22 -.15%

Sentiment/Internals

• NYSE Cumulative A/D Line 438,598 -1.5%

• Bloomberg New Highs-Lows Index -2,220 +325
  

• Crude Oil Commercial Bullish % Net Position -30.7 -6.4%

• CFTC Oil Net Speculative Position 239,878 +5.7%

• CFTC Oil Total Open Interest 1,481,545 -1.1%

• Total Put/Call 1.05 -22.2%

• OEX Put/Call .66 +18.7%

• ISE Sentiment 102.0 +37.0 points
  

• NYSE Arms 1.17 -15.9% 
• Bloomberg Global Risk-On/Risk-Off Index 45.7 +4.1%
• Bloomberg Financial Conditions Index + Bubbles 1.59 -34.0 basis points
  

• Volatility(VIX) 31.3 +3.4%
• DJIA Intraday % Swing 1.43% -28.1%

• CBOE S&P 500 Implied Correlation Index 49.71 -1.4%

• G7 Currency Volatility (VXY) 13.0 +8.1%
  

• Emerging Markets Currency Volatility (EM-VXY) 12.5 +7.0%

• Smart Money Flow Index 14,075.35 -2.3%
• NAAIM Exposure Index  12.61 -17.0 points
  

• ICI Money Mkt Mutual Fund Assets $4.590 Trillion +.14%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$7.872 Million

• AAII % Bulls 20.0 +13.0%

• AAII % Bears 60.8 -.2%

Futures Spot Prices

• CRB Index 271.16 +1.0%

• Crude Oil 79.94 +.89%

• Reformulated Gasoline 247.99 +3.2%

• Natural Gas 6.89 +.57%
• Dutch TTF Nat Gas(European benchmark) 188.8 euros/megawatt-hour +3.8%
  

• Heating Oil 337.61 +3.1% 
• Newcastle Coal 409.25 (1,000/metric ton) -2.6%
  

• Gold 1,665.65 +1.30%
• Silver 19.05 +1.0%
  

• S&P GSCI Industrial Metals Index 404.05 +.58%

• Copper 340.65 +2.3%

• US No. 1 Heavy Melt Scrap Steel 365.0 USD/Metric Tonne +1.39%

• China Iron Ore Spot 95.90 USD/Metric Tonne -.2%

• Lumber  417.0 -4.1%

• UBS-Bloomberg Agriculture 1,513.43 -.12%
• US Gulf NOLA Potash Spot 600.0 USD/Short Ton -3.2%
  

Economy

• Atlanta Fed GDPNow Forecast +2.43% +216.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -10.1% +.2 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 50.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 2.68 +38.9%

• US Economic Policy Uncertainty Index 114.25 -7.7%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 236.05 -.18:  Growth Rate +15.8% unch., P/E 15.5 -.1 point

• Citi US Economic Surprise Index 17.90 +7.0 points

• Citi Eurozone Economic Surprise Index .2 -3.9 points

• Citi Emerging Markets Economic Surprise Index -4.40 -5.7 points

• Fed Fund Futures imply 0.0%(unch.) chance of +25.0 basis point rate hike, 42.8%(+15.7 percentage points) chance of +50.0 basis point hike and 57.2%(-15.7 percentage points) chance of +75.0 basis point hike on 11/2 to 3.75-4.0%
  

• US Dollar Index 112.35 -.63%

• MSCI Emerging Markets Currency Index 1,581.44 -1.02%
  

• Bitcoin/USD 19,699.80 +4.7%

• Euro/Yen Carry Return Index 145.73 +1.88%
  

• Yield Curve(2s/10s) -41.75 +9.0 basis points
  

• 10-Year US Treasury Yield 3.73% +7.0 basis points
  

• Federal Reserve's Balance Sheet $8.760 Trillion -.25%

• U.S. Sovereign Debt Credit Default Swap 27.79 +17.3%
  

• Illinois Municipal Debt Credit Default Swap 217.28 +.12%
  

• Italian/German 10Y Yld Spread 241.0 +9.0 basis points
• UK Sovereign Debt Credit Default Swap 47.4 +31.6%
  

• China Sovereign Debt Credit Default Swap 109.06 +6.9%
  

• Brazil Sovereign Debt Credit Default Swap 309.44 +10.5%
  

• Israel Sovereign Debt Credit Default Swap 38.74 -4.3%

• South Korea Sovereign Debt Credit Default Swap 56.86 +15.9%

• China Corp. High-Yield Bond USD ETF(KHYB) 25.53 -3.11%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.3% unch.
• Zillow US All Homes Rent Index YoY +12.5% unch.
• US Urban Consumers Food CPI YoY +11.4% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +5.11% +43.0 basis points: CPI YoY +8.20% +1.0 basis point
  
• 10-Year TIPS Spread 2.15% -22.0 basis points

• TED Spread 45.0 -.25 basis point

• 2-Year Swap Spread 29.25 -11.25 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -66.25 -41.75 basis points

• N. America Investment Grade Credit Default Swap Index 106.50 +.59%
  

• America Energy Sector High-Yield Credit Default Swap Index 405.0 +11.2% 
• Bloomberg TRACE # Distressed Bonds Traded 411.0 +31.0
  

• European Financial Sector Credit Default Swap Index 149.44 +5.0%
  

• Emerging Markets Credit Default Swap Index 329.88 +4.43%
  

• MBS 5/10 Treasury Spread 170.0 unch.
  
• iShares CMBS ETF 46.04 -.17%
• Avg. Auto ABS OAS .66 +4.0 basis points

• M2 Money Supply YoY % Change 4.1 -120.0 basis points
  

• Commercial Paper Outstanding 1,230.30 +.1%

• 4-Week Moving Average of Jobless Claims 207,000 -4.1%
  

• Continuing Claims Unemployment Rate 1.0% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 47.50 n/a
  

• Average 30-Year Fixed Home Mortgage Rate 6.83% +28.0 basis points
  

• Weekly Mortgage Applications 254,800 -3.7%

• Weekly Retail Sales +10.9% unch.
  
• OpenTable US Seated Diners % Change from 2019 -1.8% -.2 percentage point
• Box Office Weekly Gross $68.2M +19.0%
  

• Nationwide Gas $3.80/gallon +.11/gallon

• Baltic Dry Index 1,757 -3.3%

• China (Export) Containerized Freight Index 2,328.81 -5.9%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 50.0 -9.1%
• Truckstop.com Market Demand Index 54.44 -4.8%

• Rail Freight Carloads 257,853 +2.7%
• TSA Total Traveler Throughput 2,048,551 +7.2%
• US Covid-19:  105 infections/100K people(last 7 days total). 6.0%(-.4 percentage point) of peak on 1/14/22(1,740) -7/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -82.7%(-1.1 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Small-Cap Growth +2.5%

Worst Performing Style

•  Mid-Cap Value -1.6%
  

Leading Sectors

• Gold & Silver +8.3%

• Oil Service +5.5%
  

• Education +4.1%

• Energy +4.0%

• Biotech +4.0%
  

Lagging Sectors

• Telecom -4.1%
  

• Shipping -4.1%
  

• Airlines -5.0%

• Electric Vehicles -5.3%
  

• Utilities -8.4%
  

Weekly High-Volume Stock Gainers (7)

• RCKT, TCDA, POSH, NAVI, CRL, CDMO and GNRC
  

Weekly High-Volume Stock Losers (15)

• POR, WSM, ABBV, TGNA, W, AAN, WWW, APAM, LEVI, SKX, MLKN, RCL, NKE, NCLH and RCII
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change