S&P 500 3,640.68 +1.68% |
Weekly Market Wrap by Edward Jones.
Indices
- DJIA 29,275.25 +1.83%
- NASDAQ 10,667.03 +.72%
- Russell 2000 1,703.38 +2.46%
- S&P 500 High Beta 59.35 +3.6%
- Goldman 50 Most Shorted 169.02 +.38%
- Wilshire 5000 36,669.82 +1.59%
- Russell 1000 Growth 2,143.19 +1.33%
- Russell 1000 Value 1,369.15 +2.29%
- S&P 500 Consumer Staples 694.16 -.28%
- MSCI Cyclicals-Defensives Spread 1,069.86 +.4%
- NYSE Technology 2,512.53 +1.6%
- Transports 12,478.14 +3.43%
- Utilities 860.30 -3.2%
- Bloomberg European Bank/Financial Services 65.58 +1.3%
- MSCI Emerging Markets 35.75 +1.93%
- HFRX Equity Hedge 1,436.13 +.91%
- HFRX Equity Market Neutral 915.56 +.09%
Sentiment/Internals
- NYSE Cumulative A/D Line 440,924 +.53%
- Bloomberg New Highs-Lows Index -359 +1,861
- Crude Oil Commercial Bullish % Net Position -29.2 +5.0%
- CFTC Oil Net Speculative Position 226,080 -5.8%
- CFTC Oil Total Open Interest 1,504,991 +1.6%
- Total Put/Call .96 -12.7%
- OEX Put/Call .71 +11.1%
- ISE Sentiment 96.0 -6.0 points
- NYSE Arms .99 +3.2%
- Bloomberg Global Risk-On/Risk-Off Index 49.1 +7.4%
- Bloomberg Financial Conditions Index + Bubbles 1.78 +19.0 basis points
- Volatility(VIX) 31.5 -.5%
- DJIA Intraday % Swing 1.31% -8.4%
- CBOE S&P 500 Implied Correlation Index 50.0 +3.8%
- G7 Currency Volatility (VXY) 12.3 -5.61%
- Emerging Markets Currency Volatility (EM-VXY) 12.4 -.4%
- Smart Money Flow Index 14,151.15 +1.39%
- NAAIM Exposure Index 38.1 +25.5 points
- ICI Money Mkt Mutual Fund Assets $4.578 Trillion -.26%
- ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$6.256 Million
- AAII % Bulls 23.9 +19.5%
- AAII % Bears 54.8 -9.9%
Futures Spot Prices
- CRB Index 282.26 +5.2%
- Crude Oil 92.24 +15.9%
- Reformulated Gasoline 273.72 +15.6%
- Natural Gas 6.82 -.1%
- Dutch TTF Nat Gas(European benchmark) 156.21 euros/megawatt-hour -16.1%
- Heating Oil 401.01 +18.7%
- Newcastle Coal 380.0 (1,000/metric ton) -7.1%
- Gold 1,699.60 +2.34%
- Silver 20.22 +6.3%
- S&P GSCI Industrial Metals Index 419.32 +4.6%
- Copper 338.90 -1.2%
- US No. 1 Heavy Melt Scrap Steel 365.0 USD/Metric Tonne unch.
- China Iron Ore Spot 93.60 USD/Metric Tonne -2.4
%
- Lumber 448.70 +5.4%
- UBS-Bloomberg Agriculture 1,515.25 +1.1%
- US Gulf NOLA Potash Spot 575.0 USD/Short Ton -4.2%
Economy
- Atlanta Fed GDPNow Forecast +2.89% +46.0 basis points
- ECRI Weekly Leading Economic Index Growth Rate -9.9% +.2 percentage point
- Bloomberg US Recession Probability Next 12 Months 50.0% unch.
- NY Fed Real-Time Weekly Economic Index 2.07 -26.3%
- US Economic Policy Uncertainty Index 180.13 +68.3%
- S&P 500 Blended Forward 12 Months Mean EPS Estimate 235.92 -.13: Growth Rate +15.6% -.2 percentage point, P/E 15.6 +.1 point
- Citi US Economic Surprise Index 5.2 -12.7 points
- Citi Eurozone Economic Surprise Index 1.9 +1.7 points
- Citi Emerging Markets Economic Surprise Index -2.9 +1.5 points
- Fed Fund Futures imply 0.0%(unch.) chance of +25.0 basis point rate hike, 15.7%(-27.8 percentage points) chance of +50.0 basis point hike and 84.3%(+27.8 percentage points) chance of +75.0 basis point hike on 11/2 to 3.75-4.0%
- US Dollar Index 112.56 +.35%
- MSCI Emerging Markets Currency Index 1,601.81 +.61%
- Bitcoin/USD 19,390.90 +.8%
- Euro/Yen Carry Return Index 146.22 +.04%
- Yield Curve(2s/10s) -43.75 -2.0 basis points
- 10-Year US Treasury Yield 3.87% +14.0 basis points
- Federal Reserve's Balance Sheet $8.724 Trillion -.41%
- U.S. Sovereign Debt Credit Default Swap 28.20 +1.8%
- Illinois Municipal Debt Credit Default Swap 209.28 -3.5%
- Italian/German 10Y Yld Spread 251.0 +10.0 basis points
- UK Sovereign Debt Credit Default Swap 42.1 -11.1%
- China Sovereign Debt Credit Default Swap 100.46 -8.7%
- Brazil Sovereign Debt Credit Default Swap 296.66 -5.3%
- Israel Sovereign Debt Credit Default Swap 39.14 +1.0%
- South Korea Sovereign Debt Credit Default Swap 56.67 -2.5%
- China Corp. High-Yield Bond USD ETF(KHYB) 25.56 unch.
- 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% unch.: CPI YoY +8.20% unch.
- 10-Year TIPS Spread 2.27% +12.0 basis points
- TED Spread 47.75 +2.75 basis points
- 2-Year Swap Spread 32.0 +2.75 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -61.0 +5.25 basis points
- N. America Investment Grade Credit Default Swap Index 100.68 -6.5%
- America Energy Sector High-Yield Credit Default Swap Index 359.0 -11.1%
- Bloomberg TRACE # Distressed Bonds Traded 435.0 +24.0
- European Financial Sector Credit Default Swap Index 149.44 -2.8%
- Credit Suisse Subordinated 5Y Credit Default Swap 426.64 +22.7%
- Emerging Markets Credit Default Swap Index 315.40 -5.3%
- MBS 5/10 Treasury Spread 173.0 +3.0 basis points
- iShares CMBS ETF 45.42 -.86%
- Avg. Auto ABS OAS .79 +13.0 basis points
- M2 Money Supply YoY % Change 4.1 unch.
- Commercial Paper Outstanding 1,243.40 +1.1%
- 4-Week Moving Average of Jobless Claims 206,500 +.12%
- Continuing Claims Unemployment Rate 1.0% unch.
- Kastle Back-to-Work Barometer(entries in secured buildings) 47.2 -.25%
- Average 30-Year Fixed Home Mortgage Rate 6.97% +14.0 basis points
- Weekly Mortgage Applications 218,700 -14.2%
- Weekly Retail Sales +11.2% +30.0 basis points
- OpenTable US Seated Diners % Change from 2019 .6% +2.4 percentage points
- Box Office Weekly Gross $60.8M +14.5%
- Nationwide Gas $3.89/gallon +.09/gallon
- Baltic Dry Index 1,992 +13.2%
- China (Export) Containerized Freight Index 2,328.81 n/a
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 45.0 -10.0%
- Truckstop.com Market Demand Index 51.5 -5.5%
- Rail Freight Carloads 261,448 +1.4%
- TSA Total Traveler Throughput 2,361,680 +25.7%
- US Covid-19: 77
infections/100K people(last 7 days total). 4.4%(-1.6 percentage points)
of peak on 1/14/22(1,740) -28/100K people from prior report
- US Covid-19: New patient hospital admissions per 100K -84.3%(-1.6 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
Best Performing Style
- Mid-Cap Growth +3.1%
Worst Performing Style
- Large-Cap Growth +1.5%
Leading Sectors
- Oil Service +16.6%
- Energy +14.5%
- Marijuana +13.3%
- Gambling +10.1%
- Steel +9.4%
Lagging Sectors
- Healthcare Providers -.1%
- Telecom -2.4%
- Utilities -2.7%
- Alt Energy -2.8%
- REITs -4.9%
Weekly High-Volume Stock Gainers (4)
- AMBC, DXCM, SPB and HAL
Weekly High-Volume Stock Losers (32)
- AMT,
LAD, SUI, FBC, EPAM, TDC, MDRX, GPRE, STZ, NEOG, NRIX, LOVE, NCLH,
NUVA, MPW, AORT, VFC, TRUP, OSH, TSLA, DOCU, LUNG, RUN, SMTC, BLNK,
ALGT, NVRO, ACCD, GNRC, CVNA, W and ANGO
ETFs
Stocks
*5-Day Change
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