Weekly Scoreboard*

 

S&P 500 4,069.61 +2.47%

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 32,170.8 +1.7%

• NASDAQ 12,091.54 +2.8%

• Russell 2000 1,881.57 +3.1%

• S&P 500 High Beta 67.68 +5.4%

• Goldman 50 Most Shorted 205.07 +6.6%

• Wilshire 5000 41,001.1 +2.8%

• Russell 1000 Growth 2,413.90 +2.8%

• Russell 1000 Value 1,516.48 +2.7%

• S&P 500 Consumer Staples 772.71 +.61%

• MSCI Cyclicals-Defensives Spread 1,113.89 +.18%
  

• NYSE Technology 2,919.57 +3.54%

• Transports 14,041.24 +.94%

• Utilities 1,053.82 +2.69%

• Bloomberg European Bank/Financial Services 70.6 +3.1%

• MSCI Emerging Markets 39.07 -.34%

• HFRX Equity Hedge 1,451.34 -.09%

• HFRX Equity Market Neutral 910.43 +.29%

Sentiment/Internals

• NYSE Cumulative A/D Line 454,476 -.06%

• Bloomberg New Highs-Lows Index -485 +646
  

• Crude Oil Commercial Bullish % Net Position -30.3 +2.4%

• CFTC Oil Net Speculative Position 229,189 -6.9%

• CFTC Oil Total Open Interest 1,470,207 -2.21%

• Total Put/Call .94 -19.5%

• OEX Put/Call 1.86 +10.4%

• ISE Sentiment 104.0 +10.0 points
  

• NYSE Arms .53 -25.3% 
• Bloomberg Global Risk-On/Risk-Off Index 47.0 +13.8%
• Bloomberg Financial Conditions Index + Bubbles 2.68 +9.0 basis points
  

• Volatility(VIX) 22.8 -10.4%
• DJIA Intraday % Swing .99% n/a

• CBOE S&P 500 Implied Correlation Index 44.6 -1.2%

• G7 Currency Volatility (VXY) 11.1 +2.7%
  

• Emerging Markets Currency Volatility (EM-VXY) 11.3 -1.8%

• Smart Money Flow Index 15,209.94 +1.7%
• NAAIM Exposure Index  27.3 -5.1 points
  

• ICI Money Mkt Mutual Fund Assets $4.564 Trillion -.07%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$13.144 Million

• AAII % Bulls 18.1 -17.4%

• AAII % Bears 53.3 +5.8%

Futures Spot Prices

• CRB Index 278.31 -2.22%

• Crude Oil 87.8 +.54%

• Reformulated Gasoline 243.1 +2.4%

• Natural Gas 7.95 -13.2%
• Dutch TTF Nat Gas(European benchmark) 207.5 euros/megawatt-hour -2.3%
  

• Heating Oil 359.16 +1.6% 
• Newcastle Coal 434.1 (1,000/metric ton) +1.43%
  

• Gold 1,715.38 +.18%
• Silver 18.76 +4.1%
  

• S&P GSCI Industrial Metals Index 415.80 +.8%

• Copper 355.60 +4.3%

• US No. 1 Heavy Melt Scrap Steel 364.0 USD/Metric Tonne -4.2%

• China Iron Ore Spot 103.30 USD/Metric Tonne +5.8%

• Lumber  507.0 +6.5%

• UBS-Bloomberg Agriculture 1,525.18 +1.6%
• US Gulf NOLA Potash Spot 645.0 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow Forecast +1.4% -120.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -11.2% +.5 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 50.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 3.2 +18.9%

• US Economic Policy Uncertainty Index 53.5 -21.9%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 237.45 +.28:  Growth Rate +15.8% -.2 percentage point, P/E 17.1 +.2 point

• Citi US Economic Surprise Index -13.9 +12.7 points

• Citi Eurozone Economic Surprise Index -17.0 +.3 point

• Citi Emerging Markets Economic Surprise Index 1.1 -11.0 points

• Fed Fund Futures imply 0.0%(unch.) chance of +25.0 basis point rate hike, 14.0%(-29.0 percentage points) chance of +50.0 basis point hike and 86.0%(+29.0 percentage points) chance of +75.0 basis point hike on 9/21 to 3.0-3.25%
  

• US Dollar Index 109.0 -.56%

• MSCI Emerging Markets Currency Index 1,625.45 -.62%
  

• Bitcoin/USD 21,300.50 +6.1%

• Euro/Yen Carry Return Index 147.62 +2.6%
  

• Yield Curve(2s/10s) -24.5 -5.5 basis points
  

• 10-Year US Treasury Yield 3.30% +8.0 basis points
  

• Federal Reserve's Balance Sheet $8.787 Trillion -.03%

• U.S. Sovereign Debt Credit Default Swap 21.13 +2.6%

• Illinois Municipal Debt Credit Default Swap 200.58 -.01%
  

• Italian/German 10Y Yld Spread 232.0 -1.0 basis point
  

• China Sovereign Debt Credit Default Swap 67.36 -8.6%
  

• Brazil Sovereign Debt Credit Default Swap 236.07 -6.4%
  

• Israel Sovereign Debt Credit Default Swap 39.5 -2.4%

• South Korea Sovereign Debt Credit Default Swap 30.75 -2.1%

• China Corp. High-Yield Bond USD ETF(KHYB) 26.59 +.02%

• Atlanta Fed Wage Growth Tracker YoY - Low Skill +6.3% +30.0 basis points 
• US Zillow Rent Index All Homes YoY +13.2% -170.0 basis points
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.62% unch.: CPI YoY +8.24% unch.
  
• 10-Year TIPS Spread 2.41% -4.0 basis points

• TED Spread 22.25 -3.5 basis points

• 2-Year Swap Spread 34.0 -2.5 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -18.25 -2.25 basis points

• N. America Investment Grade Credit Default Swap Index 82.05 -11.5%
  

• America Energy Sector High-Yield Credit Default Swap Index 356.0 -3.1% 
• Bloomberg TRACE # Distressed Bonds Traded 366.0 -25.0
  

• European Financial Sector Credit Default Swap Index 107.58 -8.2%
  

• Emerging Markets Credit Default Swap Index 287.93 -10.4%
  

• MBS 5/10 Treasury Spread 143.0 +1.0 basis point
  
• iShares CMBS ETF 47.30 +.02%
• Avg. Auto ABS OAS .71 -2.0 basis points

• M2 Money Supply YoY % Change 5.3 unch.
  

• Commercial Paper Outstanding 1,197.9 -.1%

• 4-Week Moving Average of Jobless Claims 233,000 -3.1%
  

• Continuing Claims Unemployment Rate 1.0% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 43.0 -1.1% 

• Average 30-Year Fixed Home Mortgage Rate 6.11% +3.0 basis points
  

• Weekly Mortgage Applications 258,100 -.8%

• Weekly Retail Sales +10.9% -1.7 percentage points
  
• OpenTable US Seated Diners % Change from 2019 -12.6% -30.0 percentage points
• Box Office Weekly Gross $70.8M -28.1%
  

• Nationwide Gas $3.74/gallon -.07/gallon

• Baltic Dry Index 1,178 +8.5%

• China (Export) Containerized Freight Index 2,722.77 -3.79%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 42.5 unch.
• Truckstop.com Market Demand Index 56.70 +2.1%

• Rail Freight Carloads 271,656 +1.0%
• TSA Total Traveler Throughput 2,106,401 +10.6%
• US Covid-19:  140 infections/100K people(last 7 days total). 8.0%(-2.5 percentage points) of peak on 1/14/22(1,740) -42/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -78.5%(-2.2 percentage point) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Mid-Cap Growth +4.7%

Worst Performing Style

•  Small-Cap Value +2.4%
  

Leading Sectors

• Gold & Silver +9.7%

• Steel +6.7%
  

• Gambling +6.4%

• Oil Service +5.7%

• Alt Energy +5.5%
  

Lagging Sectors

• Video Gaming +.7%
  

• Shipping +.7%

• Foods +.2%

• Education +.1%
  

• Telecom -.8%
  

Weekly High-Volume Stock Gainers (25)

• AMLX, RVNC, POSH, TMCI, ISEE, MARA, KR, ESTC, DGII, PEN, RH, LYFT, DGII, PSTG, INSP, WEN, MBI, TASK, MCW, REGN, PEN, TNDM, EDR, SYK, ACI and NARI
  

Weekly High-Volume Stock Losers (2)

• ARQT and NAVI
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change