Weekly Scoreboard*

 

S&P 500 3,741.13 +4.2%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 30,932.65 +4.5%

• NASDAQ 10,792.76 +4.8%

• Russell 2000 1,738.38 +3.1%

• S&P 500 High Beta 59.39 +5.3%

• Goldman 50 Most Shorted 159.54 +1.7%

• Wilshire 5000 37,501.12 +4.2%

• Russell 1000 Growth 2,187.12 +4.7%

• Russell 1000 Value 1,409.04 +3.5%

• S&P 500 Consumer Staples 716.01 +2.0%

• MSCI Cyclicals-Defensives Spread 1,042.92 +1.9%
  

• NYSE Technology 2,549.94 +7.1%

• Transports 12,636.91 +1.3%

• Utilities 867.24 +2.5%

• Bloomberg European Bank/Financial Services 68.6 +3.6%

• MSCI Emerging Markets 35.09 +2.4%

• HFRX Equity Hedge 1,431.96 +.43%

• HFRX Equity Market Neutral 919.01 +.04%

Sentiment/Internals

• NYSE Cumulative A/D Line 434,320 -.37%

• Bloomberg New Highs-Lows Index -770 +2,079
  

• Crude Oil Commercial Bullish % Net Position -32.7 -6.2%

• CFTC Oil Net Speculative Position 259,220 +7.1%

• CFTC Oil Total Open Interest 1,499,498 +.26%

• Total Put/Call .94 +4.4%

• OEX Put/Call .92 +10.2%

• ISE Sentiment 100.0 +2.0 points
  

• NYSE Arms .57 -65.3% 
• Bloomberg Global Risk-On/Risk-Off Index 52.0 +6.8%
• Bloomberg Financial Conditions Index + Bubbles 1.54 -5.0 basis points
  

• Volatility(VIX) 29.8 -7.1%
• DJIA Intraday % Swing 2.59% -5.8%

• CBOE S&P 500 Implied Correlation Index 54.0 +3.8%

• G7 Currency Volatility (VXY) 13.1 +3.0%
  

• Emerging Markets Currency Volatility (EM-VXY) 12.6 +.24%

• Smart Money Flow Index 13,589.61 -6.7%
• NAAIM Exposure Index  43.3 +23.5 points
  

• ICI Money Mkt Mutual Fund Assets $4.585 Trillion -.08%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$.365 Million

• AAII % Bulls 22.6 +10.8%

• AAII % Bears 56.2 +.5%

Futures Spot Prices

• CRB Index 271.72 -1.8%

• Crude Oil 85.0 -.68%

• Reformulated Gasoline 265.95 +1.2%

• Natural Gas 5.0 -23.2%
• Dutch TTF Nat Gas(European benchmark) 113.6 euros/megawatt-hour -19.9%
  

• Heating Oil 382.79 -3.8% 
• Newcastle Coal 394.5 (1,000/metric ton) -.3%
  

• Gold 1,652.69 +.48%
• Silver 19.21 +5.0%
  

• S&P GSCI Industrial Metals Index 406.50 -1.12%

• Copper 347.45 +2.1%

• US No. 1 Heavy Melt Scrap Steel 365.0 USD/Metric Tonne +.6%

• China Iron Ore Spot 91.50 USD/Metric Tonne -.3%

• Lumber  540.80 +9.8%

• UBS-Bloomberg Agriculture 1,504.22 -.65%
• US Gulf NOLA Potash Spot 575.0 USD/Short Ton -.86%
  

Economy

• Atlanta Fed GDPNow Forecast +2.85% -4.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -13.0% -1.0 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 60.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 1.74 -8.4%

• US Economic Policy Uncertainty Index 87.25 -29.4%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 234.26 -.93:  Growth Rate +15.1% -.2 percentage point, P/E 15.8 +.4 point

• Citi US Economic Surprise Index 25.5 +8.1 points

• Citi Eurozone Economic Surprise Index 22.3 +16.6 points

• Citi Emerging Markets Economic Surprise Index -6.4 -2.7 points

• Fed Fund Futures imply 0.0%(unch.) chance of +25.0 basis point rate hike, 12.6%(+11.0 percentage points) chance of +50.0 basis point hike and 87.4%(-11.0 percentage points) chance of +75.0 basis point hike on 11/2 to 3.75-4.0%
  

• US Dollar Index 112.0 -1.2%

• MSCI Emerging Markets Currency Index 1,580.46 -.23%
  

• Bitcoin/USD 19,128.8 -1.06%

• Euro/Yen Carry Return Index 149.51 +.20%
  

• Yield Curve(2s/10s) -29.0 +19.25 basis points
  

• 10-Year US Treasury Yield 4.20% +18.0 basis points
  

• Federal Reserve's Balance Sheet $8.709 Trillion -.17%

• U.S. Sovereign Debt Credit Default Swap 30.04 +.03%
  

• Illinois Municipal Debt Credit Default Swap 210.76 -3.7%
  

• Italian/German 10Y Yld Spread 233.0 -12.0 basis points
• UK Sovereign Debt Credit Default Swap 33.92 -21.0%
  

• China Sovereign Debt Credit Default Swap 119.83 +9.6%
  

• Brazil Sovereign Debt Credit Default Swap 294.13 -5.7%
  

• Israel Sovereign Debt Credit Default Swap 39.44 -.5%

• South Korea Sovereign Debt Credit Default Swap 64.97 +4.6%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.53 -1.2%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.4% unch.
  
• Zillow US All Homes Rent Index YoY +11.0% unch.
  
• US Urban Consumers Food CPI YoY +11.2% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +5.16% unch.: CPI YoY +8.14% +1.0 basis point
  
• 10-Year TIPS Spread 2.56% +17.0 basis points

• TED Spread 39.0 +3.0 basis points

• 2-Year Swap Spread 38.25 +1.75 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -63.0 +6.75 basis points

• N. America Investment Grade Credit Default Swap Index 96.22 -7.7%
  

• America Energy Sector High-Yield Credit Default Swap Index 351.0 -4.2% 
• Bloomberg TRACE # Distressed Bonds Traded 426.0 -19.0
  

• European Financial Sector Credit Default Swap Index 125.93 -6.5%
• Credit Suisse Subordinated 5Y Credit Default Swap 355.3 -16.7%

• Emerging Markets Credit Default Swap Index 316.82 -5.6%
  

• MBS 5/10 Treasury Spread 170.0 -7.0 basis points
  
• iShares CMBS ETF 44.89 -.81%
• Avg. Auto ABS OAS .91 +8.0 basis points

• M2 Money Supply YoY % Change 4.1 unch.
  

• Commercial Paper Outstanding 1,286.9 +2.5%

• 4-Week Moving Average of Jobless Claims 212,250 +.59%
  

• Continuing Claims Unemployment Rate 1.0% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.0 +3.4%
  

• Average 30-Year Fixed Home Mortgage Rate 7.32% +15.0 basis points
  

• Weekly Mortgage Applications 214,300 -2.01%

• Weekly Retail Sales +8.1% -20.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 -2.4% -2.8 percentage points
• Box Office Weekly Gross $81.8M -7.2%
  

• Nationwide Gas $3.82/gallon -.08/gallon

• Baltic Dry Index 1,818 -7.3%

• China (Export) Containerized Freight Index 2,026.26 unch.

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 57.5 +21.0%
• Truckstop.com Market Demand Index 49.3 -11.6%

• Rail Freight Carloads 263,041 +.6%
• TSA Total Traveler Throughput 2,418,287 +19.4%
• US Covid-19:  126 infections/100K people(last 7 days total). 7.2%(+2.4 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 -85.3%(-.5 percentage point) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Large-Cap Growth +4.2%

Worst Performing Style

•  Mid-Cap Value +2.3%
  

Leading Sectors

• Oil Service +13.7%

• Steel +8.4%
  

• Energy +7.7%

• Networking +7.7%

• Defense +7.2%
  

Lagging Sectors

• Alt Energy +.1%
  

• Homebuilders unch.
  

• Banks -.3%

• Road & Rail -1.6%
  

• Social Media -1.8%
  

Weekly High-Volume Stock Gainers (20)

• AMPX, VRE, BHVN, SLB, NOV, NFLX, FROG, STLD, HAL, EEFT, STT, TROX, BJRI, TLS, CECE, LHX, GS and PARR
  

Weekly High-Volume Stock Losers (26)

• PLNT, RF, SNV, SBNY, EWCZ, SI, BRZE, TCDA, RCM, ROKU, PACW, ACHC, UPST, CRK, FFIN, OZK, BL, RRC, CVBF, WAL, AR, EQT, U, MPW, RHI and SIVB
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change