Weekly Scoreboard*

 

S&P 500 3,885.06 +2.9%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 32,788.5 +5.1%

• NASDAQ 11,051.85 +1.17%

• Russell 2000 1,835.62 +4.5%

• S&P 500 High Beta 62.48 +3.9%

• Goldman 50 Most Shorted 172.69 +5.5%

• Wilshire 5000 39,128.68 +3.3%

• Russell 1000 Growth 2,249.27 +1.9%

• Russell 1000 Value 1,476.27 +4.1%

• S&P 500 Consumer Staples 761.54 +5.7%

• MSCI Cyclicals-Defensives Spread 1,030.23 -2.3%
  

• NYSE Technology 2,587.06 +.46%

• Transports 13,525.08 +5.8%

• Utilities 914.83 +5.6%

• Bloomberg European Bank/Financial Services 69.63 +1.6%

• MSCI Emerging Markets 34.21 -3.1%

• HFRX Equity Hedge 1,431.27 +.05%

• HFRX Equity Market Neutral 918.10 -.17%

Sentiment/Internals

• NYSE Cumulative A/D Line 441,244 +1.59%

• Bloomberg New Highs-Lows Index -141 +629
  

• Crude Oil Commercial Bullish % Net Position -32.5 +.5%

• CFTC Oil Net Speculative Position 251,545 -3.0%

• CFTC Oil Total Open Interest 1,454,431 -3.0%

• Total Put/Call .97 +1.1%

• OEX Put/Call .97 +2.7%

• ISE Sentiment 98.0 -2.0 points
  

• NYSE Arms 1.42 +227.08% 
• Bloomberg Global Risk-On/Risk-Off Index 45.8 -11.9%
• Bloomberg Financial Conditions Index + Bubbles 1.61 +6.0 basis points
  

• Volatility(VIX) 25.99 -11.1%
• DJIA Intraday % Swing 2.0% -22.8%

• CBOE S&P 500 Implied Correlation Index 53.2 -.87%

• G7 Currency Volatility (VXY) 11.7 -12.4%
  

• Emerging Markets Currency Volatility (EM-VXY) 12.8 +1.5%

• Smart Money Flow Index 13,955.03 +2.69%
• NAAIM Exposure Index  53.9 +10.6 points
  

• ICI Money Mkt Mutual Fund Assets $4.527 Trillion -.01%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$6.695 Million

• AAII % Bulls 26.6 +17.7%

• AAII % Bears 45.7 -18.7%

Futures Spot Prices

• CRB Index 276.81 +1.6%

• Crude Oil 87.4 +3.2%

• Reformulated Gasoline 283.16 +5.9%

• Natural Gas 5.68 +11.9%
• Dutch TTF Nat Gas(European benchmark) 112.24 euros/megawatt-hour -4.5%
  

• Heating Oil 452.47 +15.7% 
• Newcastle Coal 380.5 (1,000/metric ton) -3.6%
  

• Gold 1,641.33 -1.0%
• Silver 19.18 -1.7%
  

• S&P GSCI Industrial Metals Index 415.19 +2.3%

• Copper 343.65 -1.6%

• US No. 1 Heavy Melt Scrap Steel 364.0 USD/Metric Tonne -.3%

• China Iron Ore Spot 77.90 USD/Metric Tonne -13.7%

• Lumber  471.60 -11.6%

• UBS-Bloomberg Agriculture 1,475.38 -2.1%
• US Gulf NOLA Potash Spot 570.0 USD/Short Ton -.9%
  

Economy

• Atlanta Fed GDPNow Forecast +3.08% +23.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -14.1% -1.1 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 60.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 2.17 +16.0%

• US Economic Policy Uncertainty Index 148.50 +98.9%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 232.87 -1.39:  Growth Rate +14.5% -.6 percentage point, P/E 16.6 +.8 point

• Citi US Economic Surprise Index 14.5 -11.0 points

• Citi Eurozone Economic Surprise Index 9.0 -13.3 points

• Citi Emerging Markets Economic Surprise Index 8.3 +14.7 points

• Fed Fund Futures imply 0.0%(unch.) chance of +25.0 basis point rate hike, 16.3%(+11.3 percentage points) chance of +50.0 basis point hike and 83.7%(-11.3 percentage points) chance of +75.0 basis point hike on 11/2 to 3.75-4.0%
  

• US Dollar Index 110.93 -.86%

• MSCI Emerging Markets Currency Index 1,586.44 +.52%
  

• Bitcoin/USD 20,719.0 +5.0%

• Euro/Yen Carry Return Index 151.73 +.92%
  

• Yield Curve(2s/10s) -40.5 -11.5 basis points
  

• 10-Year US Treasury Yield 4.0% -20.0 basis points
  

• Federal Reserve's Balance Sheet $8.688 Trillion -.25%

• U.S. Sovereign Debt Credit Default Swap 28.17 -6.3%
  

• Illinois Municipal Debt Credit Default Swap 194.48 -7.1%
  

• Italian/German 10Y Yld Spread 207.0 -26.0 basis points
• UK Sovereign Debt Credit Default Swap 28.36 -16.7%
  

• China Sovereign Debt Credit Default Swap 118.64 -1.4%
  

• Brazil Sovereign Debt Credit Default Swap 277.53 -3.8%
  

• Israel Sovereign Debt Credit Default Swap 36.84 -6.6%

• South Korea Sovereign Debt Credit Default Swap 66.35 +7.5%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.0 -1.9%

• 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 +8.11% -3.0 basis points
  
• 10-Year TIPS Spread 2.51% -5.0 basis points

• TED Spread 36.75 -2.25 basis points

• 2-Year Swap Spread 38.0 -.25 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -52.5 +11.5 basis points

• N. America Investment Grade Credit Default Swap Index 89.0 -5.9%
  

• America Energy Sector High-Yield Credit Default Swap Index 312.0 -10.6% 
• Bloomberg TRACE # Distressed Bonds Traded 455.0 +29.0
  

• European Financial Sector Credit Default Swap Index 121.70 -10.9%
• Credit Suisse Subordinated 5Y Credit Default Swap 331.86 -6.1%

• Emerging Markets Credit Default Swap Index 284.20 -9.9%
  

• MBS 5/10 Treasury Spread 167.0 -3.0 basis points
  
• Aggregate US CMBS Average OAS 1.29 +7.0 basis points
  
• Avg. Auto ABS OAS 1.09 +18.0 basis points

• M2 Money Supply YoY % Change 2.6 -1.5 percentage points
  

• Commercial Paper Outstanding 1,300.5 +1.1%

• 4-Week Moving Average of Jobless Claims 219,000 +3.2%
  

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

• Average 30-Year Fixed Home Mortgage Rate 7.10% -22.0 basis points
  

• Weekly Mortgage Applications 201,100 -1.7%

• Weekly Retail Sales +8.2% +10.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 47.9% +50.3 percentage points
• Box Office Weekly Gross $95.1M +14.0%
  

• Nationwide Gas $3.76/gallon -.06/gallon

• Baltic Dry Index 1,612 -11.4%

• China (Export) Containerized Freight Index 1,862.25 -4.99%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 55.0 -4.3%
• Truckstop.com Market Demand Index 35.6 -27.8%

• Rail Freight Carloads 267,866 +1.8%
• TSA Total Traveler Throughput 2,303,121 +15.1%
• US Covid-19:  77 infections/100K people(last 7 days total). 4.4%(-2.8 percentage points) of peak on 1/14/22(1,740) -49/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -84.9%(+.4 percentage point) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Small-Cap Value +4.7%
  

Worst Performing Style

•  Large-Cap Growth +1.9%
  

Leading Sectors

• Telecom +8.8%

• Homebuilding +7.6%
  

• Computer Services +6.1%

• I-Banking +5.8%

• Networking +5.7%
  

Lagging Sectors

• Electric Vehicles unch.
  

• Gold & Silver -.7%
  

• Shipping -2.1%

• Social Media -4.5%
  

• Steel -5.8%
  

Weekly High-Volume Stock Gainers (40)

• PFSI, DXCM, COHU, RUM, LOPE, FBC, GILD, INTC, ENVA, PMT, VRSN, TBBK, AAPL, BFH, FHI, ASPN, TMUS, PFG, ALGM, HLI, GWW, BLMN, BRKL, UCTT, NSSC, LBRDA, SF, MPWR, LBRDK, AXNX, COLM, CHTR, EHC, HIG, COF, WNC, EXTR, LMT and STAG
  

Weekly High-Volume Stock Losers (21)

• RVNC, DDOG, PUBM, MDB, BIDU, NTES, TCOM, CRTO, BABA, JD, ZTO, HTHT, SNOW, TROX, LI, ZLAB, BZ, BEKE, AMZN and PTCT
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change