Weekly Scoreboard*

 

S&P 500 4,137.92 +1.6%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,877.5 -.2%

• NASDAQ 11,999.4 +3.5%

• Russell 2000 1,986.68 +3.9%

• S&P 500 High Beta 75.3 +4.4% 
• Roundhill Meme Stock ETF 6.90 +8.0%
  

• Goldman 50 Most Shorted 167.25 +6.1%

• Wilshire 5000 41,849.6 +1.9%

• Russell 1000 Growth 2,399.42 +2.8%

• Russell 1000 Value 1,578.35 +.74%

• S&P 500 Consumer Staples 765.76 +.33%

• MSCI Cyclicals-Defensives Spread 1,101.02 +4.8%
  

• NYSE Technology 3,100.88 +3.3%

• Transports 15,528.5 +7.4%

• Utilities 957.34 -1.44%

• Bloomberg European Bank/Financial Services 86.2 +.62%
  

• MSCI Emerging Markets 40.90 -3.2%

• HFRX Equity Hedge 1,471.38 -.12%

• HFRX Equity Market Neutral 923.31 -.10%

Sentiment/Internals

• NYSE Cumulative A/D Line 464,464 +1.18%

• Bloomberg New Highs-Lows Index 560 +305
  

• Crude Oil Commercial Bullish % Net Position -30.8 -2.9%

• CFTC Oil Net Speculative Position 249,799 +4.4%

• CFTC Oil Total Open Interest 1,660,450 +2.9%

• Total Put/Call .87 +2.4%

• OEX Put/Call 1.07 -14.7%

• ISE Sentiment 114.0 +15.0 points
  

• NYSE Arms 1.28 +10.5% 
• Bloomberg Global Risk-On/Risk-Off Index 56.9 -4.05%
• Bloomberg US Financial Conditions Index 48.0 +11.0 basis points
  

• Volatility(VIX) 18.9 +1.8%
• DJIA Intraday % Swing 1.08% +10.2%

• CBOE S&P 500 Implied Correlation Index 33.8 -.18%

• G7 Currency Volatility (VXY) 10.18 +.39%
  

• Emerging Markets Currency Volatility (EM-VXY) 10.2 -.49%

• Smart Money Flow Index 13,941.8 +2.7%
• NAAIM Exposure Index  78.4 +3.2
  

• ICI Money Mkt Mutual Fund Assets $4.821 Trillion +.04%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$6.347 Million

• AAII % Bulls 29.9 +5.3%

• AAII % Bears 34.6 -5.7%

Futures Spot Prices

• CRB Index 279.55 +.39%

• Crude Oil 73.18 -7.6%

• Reformulated Gasoline 232.29 -9.9%

• Natural Gas 2.41 -23.5%
• Dutch TTF Nat Gas(European benchmark) 57.88 euros/megawatt-hour +3.8%
  

• Heating Oil 277.49 -14.9% 
• Newcastle Coal 226.0 (1,000/metric ton) -16.2%
  

• Gold 1,864.98 -3.3%
• Silver 22.34 -5.1%
  

• S&P GSCI Industrial Metals Index 483.6 -.97%

• Copper 404.15 -4.3%

• US No. 1 Heavy Melt Scrap Steel 430.0 USD/Metric Tonne +3.1%

• China Iron Ore Spot 123.90 USD/Metric Tonne -3.4%

• Lumber  505.80 +3.7%

• UBS-Bloomberg Agriculture 1,562.01 +1.2%
• US Gulf NOLA Potash Spot 390.0 USD/Short Ton -2.5%
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +.67% unch.
  

• ECRI Weekly Leading Economic Index Growth Rate -3.6% +1.5 percentage points
  
• Bloomberg US Recession Probability Next 12 Months 65.0% unch.
  

• NY Fed Real-Time Weekly Economic Index .99 +17.9%

• US Economic Policy Uncertainty Index 148.9 +27.5%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 224.80 -2.67:  Growth Rate +.6% -9.8 percentage points, P/E 18.6 +.7 
• S&P 500 Current Year Estimated Profit Margin 12.24% -4.0 basis points
  

• Citi US Economic Surprise Index 19.70 +22.8 points

• Citi Eurozone Economic Surprise Index 100.1 +16.9 points

• Citi Emerging Markets Economic Surprise Index 3.3 -.2 point

• Fed Fund Futures imply 2.6%(-12.9 percentage points) chance of no change, 97.4%(+13.2 percentage points) chance of +25.0 basis point hike to 4.75-5.0% and 0.0%(+1.9 percentage points) chance of +50.0 basis point hike to 5.0-5.25% on 3/22
  

• US Dollar Index 102.90 +.96%

• MSCI Emerging Markets Currency Index 1,715.91 +.88%
  

• Bitcoin/USD 23,415.80 -1.6%

• Euro/Yen Carry Return Index 147.16 +.48%
  

• Yield Curve(2s/10s) -77.75 -8.5 basis points
  

• 10-Year US Treasury Yield 3.53% +1.0 basis point
  

• Federal Reserve's Balance Sheet $8.396 Trillion -.44%

• U.S. Sovereign Debt Credit Default Swap 34.15 -1.1%
  

• Illinois Municipal Debt Credit Default Swap 151.26 -7.8%
  

• Italian/German 10Y Yld Spread 184.0 -2.0 basis points
• UK Sovereign Debt Credit Default Swap 21.8 +7.1%
  

• China Sovereign Debt Credit Default Swap 50.4 +2.0%
  

• Brazil Sovereign Debt Credit Default Swap 222.30 -4.4%
  

• Israel Sovereign Debt Credit Default Swap 52.40 +15.6%

• South Korea Sovereign Debt Credit Default Swap 39.54 +1.43%

• China Corp. High-Yield Bond USD ETF(KHYB) 28.0 +.44%

• 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 +4.30% unch.: CPI YoY +6.44% +5.0 basis points
  
• 10-Year TIPS Spread 2.23% -10.0 basis points

• TED Spread 18.25 +4.0 basis points 
• 2-Year Swap Spread 27.75 -.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -10.0 +3.5 basis points

• N. America Investment Grade Credit Default Swap Index 68.57 -4.9%
  

• America Energy Sector High-Yield Credit Default Swap Index 237.0 -3.98% 
• Bloomberg TRACE # Distressed Bonds Traded 316.0 +11.0
  

• European Financial Sector Credit Default Swap Index 81.18 -6.5%
• Credit Suisse Subordinated 5Y Credit Default Swap 348.44 +.91%

• Emerging Markets Credit Default Swap Index 219.25 -2.5%
  

• MBS 5/10 Treasury Spread 127.0 -4.0 basis points
  
• Aggregate US CMBS Average OAS 1.05 -2.0 basis points
  
• Avg. Auto ABS OAS .70 unch.
  

• M2 Money Supply YoY % Change -1.3% unch.
  

• Commercial Paper Outstanding 1,290.1 -1.6%

• 4-Week Moving Average of Jobless Claims 191,750 -2.9%
  

• Continuing Claims Unemployment Rate 1.1% -10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.4 +1.8%
  

• Average 30-Year Fixed Home Mortgage Rate 6.32% -13.0 basis points
  

• Weekly Mortgage Applications 232,400 -9.0%

• Weekly Retail Sales +5.0% unch.
  
• OpenTable US Seated Diners % Change from 2019 -.6% -.9 percentage point
• Box Office Weekly Gross $147.5M +4.7%
  

• Nationwide Gas $3.49/gallon -.02/gallon

• Baltic Dry Index 640.0 -5.3%

• China (Export) Containerized Freight Index 1,110.0 -4.4%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 35.0 unch.
• Truckstop.com Market Demand Index 41.3 -2.0%

• Rail Freight Carloads 203,527 n/a
• TSA Total Traveler Throughput 2,035,923 -2.55%
• US Covid-19:  84 infections/100K people(last 7 days total). 4.8%(-.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 -82.4%(-2.9 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Small-Cap Value +4.1%

Worst Performing Style

• Large-Cap Value +.7%

Leading Sectors

• Retail +7.0%

• Road & Rail +5.9%
• Homebuilders +5.3%
  

• Internet +5.2%

• Semis +5.0%
  

Lagging Sectors

• Restaurants -1.7%
  

• Insurance -2.0%
  

• Oil Service -3.3%

• Gold & Silver -5.3%
  

• Energy -7.3%
  

Weekly High-Volume Stock Gainers (18)

• TWOU, JWN, AI, CRUS, CLX, MANH, BYD, KMPR, HROW, HUBG, THRX, PRME, WWE, REGN, X, PRDO, ETD and GFF
  

Weekly High-Volume Stock Losers (27)

• ONEM, LSXMA, LSXMK, FE, APD, IRBT, AON, SIL, HA, KT, SBUX, BCYC, AVTR, CPA, TWO, PMT, VOD, F, SKX, BZH, MKTX, GEN, CLFD, LESL, SKYQ, TWST and BILL
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change