Weekly Scoreboard*

S&P 500 3,988.4 +2.4%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 34,248.0 +1.77%

• NASDAQ 11,041.30 +4.44%

• Russell 2000 1,882.84 +5.1%

• S&P 500 High Beta 68.46 +5.6%

• Goldman 50 Most Shorted 148.53 +14.9%

• Wilshire 5000 40,174.88 +2.78%

• Russell 1000 Growth 2,245.61 +3.6%

• Russell 1000 Value 1,559.60 +1.7%

• S&P 500 Consumer Staples 778.44 -1.8%

• MSCI Cyclicals-Defensives Spread 1,025.59 +3.7%
  

• NYSE Technology 2,800.67 +5.6%

• Transports 14,327.4 +3.3%

• Utilities 990.53 +.91%

• Bloomberg European Bank/Financial Services 83.07 +1.8%

• MSCI Emerging Markets 41.1 +3.0%

• HFRX Equity Hedge 1,460.49 +.21%

• HFRX Equity Market Neutral 924.26 -.31%

Sentiment/Internals

• NYSE Cumulative A/D Line 457,366 +2.4%

• Bloomberg New Highs-Lows Index 260 +305
  

• Crude Oil Commercial Bullish % Net Position -32.1 +8.1%

• CFTC Oil Net Speculative Position 227,607 -8.1%

• CFTC Oil Total Open Interest 1,459,936 +3.3%

• Total Put/Call .88 -15.4%

• OEX Put/Call .93 -4.6%

• ISE Sentiment 109.0 -6.0 points
  

• NYSE Arms 1.11 +21.7% 
• Bloomberg Global Risk-On/Risk-Off Index 57.3 +4.8%
• Bloomberg Financial Conditions Index + Bubbles 2.32 +7.0 basis points
  

• Volatility(VIX) 18.1 -14.4%
• DJIA Intraday % Swing 1.04% -44.1%

• CBOE S&P 500 Implied Correlation Index 35.8 -14.1%

• G7 Currency Volatility (VXY) 11.0 +2.5%
  

• Emerging Markets Currency Volatility (EM-VXY) 10.6 -.75%

• Smart Money Flow Index 14,560.0 +2.9%
• NAAIM Exposure Index  45.3 +6.5
  

• ICI Money Mkt Mutual Fund Assets $4.805 Trillion -.18%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$11.425 Million

• AAII % Bulls 24.0 +17.1%

• AAII % Bears 39.9 -5.0%

Futures Spot Prices

• CRB Index 273.77 +3.38%

• Crude Oil 79.42 +7.7%

• Reformulated Gasoline 250.39 +10.9%

• Natural Gas 3.52 -6.1%
• Dutch TTF Nat Gas(European benchmark) 64.81 euros/megawatt-hour -6.1%
  

• Heating Oil 326.50 +8.4% 
• Newcastle Coal 335.0 (1,000/metric ton) -9.95%
  

• Gold 1,917.56 +2.7%
• Silver 24.25 +1.7%
  

• S&P GSCI Industrial Metals Index 476.5 +6.7%

• Copper 421.0 +7.1%

• US No. 1 Heavy Melt Scrap Steel 418.0 USD/Metric Tonne -.5%

• China Iron Ore Spot 122.40 USD/Metric Tonne +4.5%

• Lumber  434.0 +16.8%

• UBS-Bloomberg Agriculture 1,519.79 +.98%
• US Gulf NOLA Potash Spot 442.5.0 USD/Short Ton -8.8%
  

Economy

• Atlanta Fed GDPNow Forecast +4.07% +31.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -7.5% -.2 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 65.0% unch.
  

• NY Fed Real-Time Weekly Economic Index .87 -41.2%

• US Economic Policy Uncertainty Index 255.4 +62.9%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 229.08 -.82:  Growth Rate +10.9% -.4 percentage point, P/E 17.3 +.4

• Citi US Economic Surprise Index -6.1 +1.2 points

• Citi Eurozone Economic Surprise Index 80.3 +1.3 points

• Citi Emerging Markets Economic Surprise Index -16.5 +5.5 points

• Fed Fund Futures imply 0.0%(unch.) chance of no change, 94.2%(+18.5 percentage points) chance of +25.0 basis point hike and 5.8%(-18.5 percentage points) chance of +50.0 basis point hike on 2/1 to 4.75-5.0%
  

• US Dollar Index 102.21 -1.6%

• MSCI Emerging Markets Currency Index 1,694.53 +1.5%
  

• Bitcoin/USD 19,294.9 +13.4%

• Euro/Yen Carry Return Index 143.50 -1.48%
  

• Yield Curve(2s/10s) -72.0 -2.0 basis points
  

• 10-Year US Treasury Yield 3.49% -9.0 basis points
  

• Federal Reserve's Balance Sheet $8.472 Trillion +.01%

• U.S. Sovereign Debt Credit Default Swap 31.17 +19.1%
  

• Illinois Municipal Debt Credit Default Swap 158.89 -4.7%
  

• Italian/German 10Y Yld Spread 185.0 -17.0 basis points
• UK Sovereign Debt Credit Default Swap 24.32 -15.0%
  

• China Sovereign Debt Credit Default Swap 54.03 -13.7%
  

• Brazil Sovereign Debt Credit Default Swap 241.84 -3.8%
  

• Israel Sovereign Debt Credit Default Swap 45.10 -1.95%

• South Korea Sovereign Debt Credit Default Swap 44.03 -8.0%

• China Corp. High-Yield Bond USD ETF(KHYB) 27.75 -.5%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.8% +10.0 basis points
  
• Zillow US All Homes Rent Index YoY +7.7% -100.0 basis points
  
• US Urban Consumers Food CPI YoY +10.4% -30.0 basis points
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.45% -7.0 basis points: CPI YoY +6.31% -33.0 basis points
  
• 10-Year TIPS Spread 2.21% unch.

• TED Spread 24.0 +1.0 basis point

• 2-Year Swap Spread 27.0 -2.75 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -15.75 +.25 basis point

• N. America Investment Grade Credit Default Swap Index 71.16 -5.2%
  

• America Energy Sector High-Yield Credit Default Swap Index 250 -13.0% 
• Bloomberg TRACE # Distressed Bonds Traded 335.0 +8.0
  

• European Financial Sector Credit Default Swap Index 88.15 -2.9%
• Credit Suisse Subordinated 5Y Credit Default Swap 380.25 -13.3%

• Emerging Markets Credit Default Swap Index 227.30 -.91%
  

• MBS 5/10 Treasury Spread 131.0 -5.0 basis points
  
• Aggregate US CMBS Average OAS 1.14 -1.0 basis point
  
• Avg. Auto ABS OAS .78 -1.0 basis point

• M2 Money Supply YoY % Change 0.0 unch.
  

• Commercial Paper Outstanding 1,304.1 +1.8%

• 4-Week Moving Average of Jobless Claims 212,500 -.82%
  

• Continuing Claims Unemployment Rate 1.1% -10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 32.8 +53.3%
  

• Average 30-Year Fixed Home Mortgage Rate 6.31% -32.0 basis points
  

• Weekly Mortgage Applications 186,700 +1.19%

• Weekly Retail Sales +5.30% -250.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 -4.1% -2.2 percentage points
• Box Office Weekly Gross $176.0M -28.6%
  

• Nationwide Gas $3.29/gallon unch.

• Baltic Dry Index 976.0 -13.6%

• China (Export) Containerized Freight Index 1,201.5 -4.3%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.5 -6.3%
• Truckstop.com Market Demand Index 64.2 +10.8%

• Rail Freight Carloads 203,527 +9.7%
• TSA Total Traveler Throughput 2,182,659 +14.5%
• US Covid-19:  126 infections/100K people(last 7 days total). 7.2%(+.4 percentage point) of peak on 1/14/22(1,740) +7/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -73.1%(-3.4 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Small-Cap Growth +5.6%

Worst Performing Style

• Large-Cap Value +1.4%

Leading Sectors

• Alt Energy +14.2%

• Airlines +10.2%
• Oil Service +6.5%
  

• Internet +6.4%

• Steel +6.3%
  

Lagging Sectors

• Medical Equipment +.2%
  

• Insurance unch.
  

• Foods -1.4%

• Pharma -2.0%
  

• Computer Hardware -2.5%
  

Weekly High-Volume Stock Gainers (8)

• NATI, VYGR, AEHR, RLAY, NVAX, COIN, SAGE and RVMD
  

Weekly High-Volume Stock Losers (4)

• LOGI, LMT, WMG and NOC
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change