Weekly Scoreboard*

S&P 500 3,897.9 +1.3%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,675.6 +1.26%

• NASDAQ 10,590.18 +1.0%

• Russell 2000 1,792.40 +1.51%

• S&P 500 High Beta 64.84 +3.79%

• Goldman 50 Most Shorted 129.40 +.25%

• Wilshire 5000 39,159.0 +1.3%

• Russell 1000 Growth 2,166.55 +.19%

• Russell 1000 Value 1,535.16 +2.32%

• S&P 500 Consumer Staples 794.40 +1.47%

• MSCI Cyclicals-Defensives Spread 993.08 +.45%
  

• NYSE Technology 2,660.4 +4.0%

• Transports 13,879.7 +2.76%

• Utilities 983.06 +.52%

• Bloomberg European Bank/Financial Services 81.6 +7.7%

• MSCI Emerging Markets 39.92 +3.91%

• HFRX Equity Hedge 1,452.3 +.35%

• HFRX Equity Market Neutral 925.8 -.09%

Sentiment/Internals

• NYSE Cumulative A/D Line 447,355 +.37%

• Bloomberg New Highs-Lows Index -45 +231
  

• Crude Oil Commercial Bullish % Net Position -34.9 -2.4%

• CFTC Oil Net Speculative Position 247,618 +3.96%

• CFTC Oil Total Open Interest 1,413,545 +1.28%

• Total Put/Call 1.13 -19.1%

• OEX Put/Call .81 +15.9%

• ISE Sentiment 115.0 +18.0 points
  

• NYSE Arms 1.18 +189.1% 
• Bloomberg Global Risk-On/Risk-Off Index 54.7 -4.9%
• Bloomberg Financial Conditions Index + Bubbles 2.25 +18.0 basis points
  

• Volatility(VIX) 21.3 -1.0%
• DJIA Intraday % Swing 1.86% +102.2%

• CBOE S&P 500 Implied Correlation Index 41.4 -8.0%

• G7 Currency Volatility (VXY) 10.8 +1.4%
  

• Emerging Markets Currency Volatility (EM-VXY) 10.7 -1.9%

• Smart Money Flow Index 14,150.01 +2.44%
• NAAIM Exposure Index  38.8 -4.7
  

• ICI Money Mkt Mutual Fund Assets $4.814 Trillion +1.7%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$2.101 Million

• AAII % Bulls 20.5 -22.6%

• AAII % Bears 42.0 -11.8%

Futures Spot Prices

• CRB Index 263.69 -4.46%

• Crude Oil 73.54 -5.1%

• Reformulated Gasoline 224.71 -3.4%

• Natural Gas 3.76 -18.0%
• Dutch TTF Nat Gas(European benchmark) 69.5 euros/megawatt-hour -4.4%
  

• Heating Oil 300.2 -8.7% 
• Newcastle Coal 372.0 (1,000/metric ton) +.54%
  

• Gold 1,868.72 +2.1%
• Silver 23.88 -.62%
  

• S&P GSCI Industrial Metals Index 438.70 -3.4%

• Copper 391.70 +2.0%

• US No. 1 Heavy Melt Scrap Steel 420.0 USD/Metric Tonne +8.3%

• China Iron Ore Spot 116.60 USD/Metric Tonne +.04%

• Lumber  362.50 -5.8%

• UBS-Bloomberg Agriculture 1,505.70 -2.64%
• US Gulf NOLA Potash Spot 485.0 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow Forecast +3.76% +16.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -7.3% +.3 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 65.0% +2.5 percentage points
  

• NY Fed Real-Time Weekly Economic Index 1.82 -11.2%

• US Economic Policy Uncertainty Index 274.6 +67.6%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 229.9 n/a:  Growth Rate +11.3% n/a, P/E 16.9 n/a

• Citi US Economic Surprise Index -7.3 -4.6 points

• Citi Eurozone Economic Surprise Index 79.0 +2.1 points

• Citi Emerging Markets Economic Surprise Index -22.0 -1.4 points

• Fed Fund Futures imply 0.0%(unch.) chance of no change, 76.2%(+8.5 percentage points) chance of +25.0 basis point hike and 23.8%(-13.8 percentage points) chance of +50.0 basis point hike on 2/1 to 4.75-5.0%
  

• US Dollar Index 103.98 +.03%

• MSCI Emerging Markets Currency Index 1,664.87 +.35%
  

• Bitcoin/USD 16,842.2 +1.3%

• Euro/Yen Carry Return Index 145.5 +.09%
  

• Yield Curve(2s/10s) -70.0 -14.25 basis points
  

• 10-Year US Treasury Yield 3.58% -30.0 basis points
  

• Federal Reserve's Balance Sheet $8.471 Trillion -.51%

• U.S. Sovereign Debt Credit Default Swap 26.17 +4.8%
  

• Illinois Municipal Debt Credit Default Swap 169.4 -7.1%
  

• Italian/German 10Y Yld Spread 202.0 -13.0 basis points
• UK Sovereign Debt Credit Default Swap 27.66 -.38%
  

• China Sovereign Debt Credit Default Swap 63.01 -13.5%
  

• Brazil Sovereign Debt Credit Default Swap 253.58 -.24%
  

• Israel Sovereign Debt Credit Default Swap 46.05 +1.91%

• South Korea Sovereign Debt Credit Default Swap 48.12 -12.0%

• China Corp. High-Yield Bond USD ETF(KHYB) 27.89 +2.97%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.7% unch.
  
• Zillow US All Homes Rent Index YoY +8.7% -110.0 basis points
  
• US Urban Consumers Food CPI YoY +10.7% -20.0 basis points
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.52% unch.: CPI YoY +6.64% unch.
  
• 10-Year TIPS Spread 2.21% -7.0 basis points

• TED Spread 23.0 -18.5 basis points

• 2-Year Swap Spread 29.75 unch.
  

• 3-Month EUR/USD Cross-Currency Basis Swap -16.0 +3.0 basis points

• N. America Investment Grade Credit Default Swap Index 75.09 -7.29%
  

• America Energy Sector High-Yield Credit Default Swap Index 277.0 -11.8% 
• Bloomberg TRACE # Distressed Bonds Traded 327.0 +46.0
  

• European Financial Sector Credit Default Swap Index 82.65 -8.7%
• Credit Suisse Subordinated 5Y Credit Default Swap 438.76 -2.3%

• Emerging Markets Credit Default Swap Index 230.88 -2.93%
  

• MBS 5/10 Treasury Spread 136.0 -9.0 basis points
  
• Aggregate US CMBS Average OAS 1.15 -5.0 basis points
  
• Avg. Auto ABS OAS .79 -7.0 basis points

• M2 Money Supply YoY % Change 0.0 -130.0 basis points
  

• Commercial Paper Outstanding 1,281.5 +1.6%

• 4-Week Moving Average of Jobless Claims 213,750 -3.1%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 21.4 -47.6%
  

• Average 30-Year Fixed Home Mortgage Rate 6.63% +2.0 basis points
  

• Weekly Mortgage Applications 184,500 -10.3%

• Weekly Retail Sales +7.80% +60.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 -1.9% -59.7 percentage points
• Box Office Weekly Gross $241.8M +2.4%
  

• Nationwide Gas $3.29/gallon +.11/gallon

• Baltic Dry Index 1,146 -30.6%

• China (Export) Containerized Freight Index 1,271.31 -2.8%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 40.0 -23.8%
• Truckstop.com Market Demand Index 57.93 +27.5%

• Rail Freight Carloads 185,561 -10.4%
• TSA Total Traveler Throughput 2,025,074 +4.8%
• US Covid-19:  119 infections/100K people(last 7 days total). 6.8%(+0.0 percentage points) of peak on 1/14/22(1,740) +0/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -69.7%(+n/a percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Mid-Cap Value +1.8%
  

Worst Performing Style

•  Large-Cap Growth -.8%
  

Leading Sectors

• Gold & Silver +8.2%

• Gambling +7.9%
• Airlines +7.8%
  

• Social Media +6.3%

• Steel +5.2%
  

Lagging Sectors

• Internet -.6%
  

• Shipping -2.6%
  

• Cyber Security -2.7%

• Healthcare Providers -3.3%
  

• Software -4.4%
  

Weekly High-Volume Stock Gainers (17)

• WEE, DCT, FGEN, RCM, IRDM, BTU, DCPH, DCP, COLL, XPOF, ATEC, MOS, USFD, VOYA, LOVE, ELF and LW
  

Weekly High-Volume Stock Losers (5)

• DHR, ZI, ENPH, FUTU and SI
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change