Weekly Scoreboard*

 

S&P 500 3,953.6 -1.0%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,231.3 -2.9%

• NASDAQ 11,078.73 +.56%

• Russell 2000 1,856.74 -1.3%

• S&P 500 High Beta 68.74 +.28%

• Goldman 50 Most Shorted 148.28 +.6%

• Wilshire 5000 39,828.90 -.83%

• Russell 1000 Growth 2,249.04 +.03%

• Russell 1000 Value 1,532.81 -1.9%

• S&P 500 Consumer Staples 755.56 -2.9%

• MSCI Cyclicals-Defensives Spread 1,039.30 -.6%
  

• NYSE Technology 2,825.56 +.9%

• Transports 14,279.4 -1.0%

• Utilities 953.12 -4.0%

• Bloomberg European Bank/Financial Services 83.07 unch.
  

• MSCI Emerging Markets 41.6 +1.6%

• HFRX Equity Hedge 1,465.46 -.03%

• HFRX Equity Market Neutral 923.37 -.02%

Sentiment/Internals

• NYSE Cumulative A/D Line 456,857 -.11%

• Bloomberg New Highs-Lows Index 11 -249
  

• Crude Oil Commercial Bullish % Net Position -27.9 +13.0%

• CFTC Oil Net Speculative Position 205,236 -9.8%

• CFTC Oil Total Open Interest 1,557,092 +6.7%

• Total Put/Call .91 -5.3%

• OEX Put/Call .74 -26.4%

• ISE Sentiment 91.0 -18.0 points
  

• NYSE Arms .69 -38.5% 
• Bloomberg Global Risk-On/Risk-Off Index 55.8 -2.6%
• Bloomberg Financial Conditions Index + Bubbles 2.32 unch.
  

• Volatility(VIX) 19.8 +4.1%
• DJIA Intraday % Swing .94% -9.6%

• CBOE S&P 500 Implied Correlation Index 38.3 +5.8%

• G7 Currency Volatility (VXY) 10.2 -7.6%
  

• Emerging Markets Currency Volatility (EM-VXY) 10.7 +.6%

• Smart Money Flow Index 13,899.8 -4.9%
• NAAIM Exposure Index  65.1 +19.8
  

• ICI Money Mkt Mutual Fund Assets $4.803 Trillion -.04%

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

• AAII % Bulls 31.0 +29.2%

• AAII % Bears 33.1 -17.0%

Futures Spot Prices

• CRB Index 276.62 +1.0%

• Crude Oil 81.26 +3.9%

• Reformulated Gasoline 264.90 +8.3%

• Natural Gas 3.18 -12.1%
• Dutch TTF Nat Gas(European benchmark) 66.9 euros/megawatt-hour +6.1%
  

• Heating Oil 345.50 +7.9% 
• Newcastle Coal 310.0 (1,000/metric ton) -7.5%
  

• Gold 1,930.8 +.43%
• Silver 23.98 -1.5%
  

• S&P GSCI Industrial Metals Index 488.3 +2.5%

• Copper 426.3 +2.0%

• US No. 1 Heavy Melt Scrap Steel 412.0 USD/Metric Tonne -1.4%

• China Iron Ore Spot 125.90 USD/Metric Tonne +5.1%

• Lumber  429.5 +1.9%

• UBS-Bloomberg Agriculture 1,516.55 -.05%
• US Gulf NOLA Potash Spot 407.5 USD/Short Ton -3.0%
  

Economy

• Atlanta Fed GDPNow Forecast +3.53% -54.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -6.6% +.9 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 65.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 1.22 +38.6%

• US Economic Policy Uncertainty Index 115.94 -34.5%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 228.47 -.61:  Growth Rate +10.9% unch., P/E 17.2 -.1

• Citi US Economic Surprise Index -17.7 -11.6 points

• Citi Eurozone Economic Surprise Index 87.7 +7.4 points

• Citi Emerging Markets Economic Surprise Index 6.9 +23.4 points

• Fed Fund Futures imply 0.0%(unch.) chance of no change, 97.2%(+3.5 percentage points) chance of +25.0 basis point hike and 2.8%(-3.5 percentage points) chance of +50.0 basis point hike on 2/1 to 4.75-5.0%
  

• US Dollar Index 102.06 -.20%

• MSCI Emerging Markets Currency Index 1,694.86 -.43%
  

• Bitcoin/USD 21,395.0 +2.3%

• Euro/Yen Carry Return Index 145.77 +1.6%
  

• Yield Curve(2s/10s) -70.5 +1.5 basis points
  

• 10-Year US Treasury Yield 3.48% -1.0 basis point
  

• Federal Reserve's Balance Sheet $8.452 Trillion -.24%

• U.S. Sovereign Debt Credit Default Swap 33.07 +6.1%
  

• Illinois Municipal Debt Credit Default Swap 161.39 +1.5%
  

• Italian/German 10Y Yld Spread 182.0 -3.0 basis points
• UK Sovereign Debt Credit Default Swap 21.63 -11.1%
  

• China Sovereign Debt Credit Default Swap 51.68 -4.1%
  

• Brazil Sovereign Debt Credit Default Swap 247.67 +2.7%
  

• Israel Sovereign Debt Credit Default Swap 46.2 +2.5%

• South Korea Sovereign Debt Credit Default Swap 41.2 -6.0%

• China Corp. High-Yield Bond USD ETF(KHYB) 28.0 +.2%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.8% unch.
  
• Zillow US All Homes Rent Index YoY +7.7% unch.
  
• US Urban Consumers Food CPI YoY +10.4% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.45% unch.: CPI YoY +6.34% +3.0 basis points
  
• 10-Year TIPS Spread 2.24% +3.0 basis points

• TED Spread 21.25 -2.75 basis points 
• 2-Year Swap Spread 25.25 -1.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -13.5 +2.25 basis points

• N. America Investment Grade Credit Default Swap Index 74.88 +6.3%
  

• America Energy Sector High-Yield Credit Default Swap Index 253.0 +2.2% 
• Bloomberg TRACE # Distressed Bonds Traded 337.0 +2.0
  

• European Financial Sector Credit Default Swap Index 91.02 +3.3%
• Credit Suisse Subordinated 5Y Credit Default Swap 378.31 -.51%

• Emerging Markets Credit Default Swap Index 230.1 +1.3%
  

• MBS 5/10 Treasury Spread 141.0 +10.0 basis points
  
• Aggregate US CMBS Average OAS 1.10 -4.0 basis points
  
• Avg. Auto ABS OAS .75 -3.0 basis points

• M2 Money Supply YoY % Change 0.0 unch.
  

• Commercial Paper Outstanding 1,300.6 -.3%

• 4-Week Moving Average of Jobless Claims 206,000 -3.1%
  

• Continuing Claims Unemployment Rate 1.1% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 46.9 +43.1%
  

• Average 30-Year Fixed Home Mortgage Rate 6.37% +6.0 basis points
  

• Weekly Mortgage Applications 238,700 +27.9%

• Weekly Retail Sales +5.20% -10.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 -3.9% +.2 percentage point
• Box Office Weekly Gross $141.0M -20.1%
  

• Nationwide Gas $3.39/gallon +.10/gallon

• Baltic Dry Index 801.0 -15.3%

• China (Export) Containerized Freight Index 1,201.5 n/a

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 35.0 -6.7%
• Truckstop.com Market Demand Index 50.4 -21.5%

• Rail Freight Carloads 203,527 n/a
• TSA Total Traveler Throughput 1,993,765 +11.0%
• US Covid-19:  105 infections/100K people(last 7 days total). 6.0%(-1.2 percentage points) of peak on 1/14/22(1,740) -21/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -77.5%(-4.5 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Large-Cap Growth -.2%

Worst Performing Style

• Large-Cap Value -2.0%

Leading Sectors

• Energy +2.2%

• Shipping +1.9%
• Video Gaming +1.9%
  

• Gambling +1.4%

• Internet +1.0%
  

Lagging Sectors

• Defense -2.7%
  

• Homebuilding -2.7%
  

• Foods -3.1%

• Industrials -4.2%
  

• Utilities -4.4%
  

Weekly High-Volume Stock Gainers (10)

• VTLE, FWONK, PD, BOWL, GOOG, PARR, DO, EOLS and NINE
  

Weekly High-Volume Stock Losers (3)

• EXTR, LCII and EH
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change