Weekly Scoreboard*

 

S&P 500 4,085.9 -1.4%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,779.9 -.45%

• NASDAQ 11,683.03 -2.8%

• Russell 2000 1,918.95 -3.5%

• S&P 500 High Beta 73.1 -3.1% 
• Roundhill Meme Stock ETF 6.25 -7.3%
  

• Goldman 50 Most Shorted 150.4 -10.1%

• Wilshire 5000 41,144.96 -1.8%

• Russell 1000 Growth 2,360.88 -1.8%

• Russell 1000 Value 1,561.47 -1.3%

• S&P 500 Consumer Staples 761.09 -.76%

• MSCI Cyclicals-Defensives Spread 1,125.47 -.54%
  

• NYSE Technology 2,991.36 -3.6%

• Transports 15,009.7 -3.22%

• Utilities 942.51 -1.44%

• Bloomberg European Bank/Financial Services 87.5 +1.5%
  

• MSCI Emerging Markets 40.18 -1.7%

• HFRX Equity Hedge 1,473.5 +.24%

• HFRX Equity Market Neutral 920.4 +.07%

Sentiment/Internals

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

• Bloomberg New Highs-Lows Index 101 -459
  

• Crude Oil Commercial Bullish % Net Position -30.8 n/a

• CFTC Oil Net Speculative Position 249,799 n/a

• CFTC Oil Total Open Interest 1,660,450 n/a

• Total Put/Call 1.02 +12.2%

• OEX Put/Call 1.42 +11.9%

• ISE Sentiment 121.0 +7.0 points
  

• NYSE Arms 1.07 -3.5% 
• Bloomberg Global Risk-On/Risk-Off Index 60.4 +6.2%
• Bloomberg US Financial Conditions Index 42.0 -6.0 basis points
  

• Volatility(VIX) 20.9 +14.1%
• DJIA Intraday % Swing .87% -19.4%

• CBOE S&P 500 Implied Correlation Index 36.4 +9.2%

• G7 Currency Volatility (VXY) 10.6 +3.7%
  

• Emerging Markets Currency Volatility (EM-VXY) 10.6 +3.7%

• Smart Money Flow Index 14,487.3 +5.4%
• NAAIM Exposure Index  85.4 +7.0
  

• ICI Money Mkt Mutual Fund Assets $4.805 Trillion -.34%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$4.411 Million

• AAII % Bulls 37.5 +25.4%

• AAII % Bears 25.0 -27.8%

Futures Spot Prices

• CRB Index 270.48 +1.61%

• Crude Oil 79.80/bbl. +8.7%

• Reformulated Gasoline 250.57 +7.72%

• Natural Gas 2.54 +4.5%
• Dutch TTF Nat Gas(European benchmark) 53.9 euros/megawatt-hour -7.9%
  

• Heating Oil 286.5 +2.9% 
• Newcastle Coal 206.0 (1,000/metric ton) -10.4%
  

• Gold 1,863.7 -.06%
• Silver 22.01 -1.4%
  

• S&P GSCI Industrial Metals Index 470.31 -.88%

• Copper 401.25 -.37%

• US No. 1 Heavy Melt Scrap Steel 428.0 USD/Metric Tonne -.47%

• China Iron Ore Spot 124.0 USD/Metric Tonne +.77%

• Lumber  421.80 -15.7%

• UBS-Bloomberg Agriculture 1,573.30 +.81%
• US Gulf NOLA Potash Spot 383.5 USD/Short Ton -1.7%
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +2.16% +149.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -1.9% +1.7 percentage points
  
• Bloomberg US Recession Probability Next 12 Months 65.0% unch.
  

• NY Fed Real-Time Weekly Economic Index .98 -10.1%

• US Economic Policy Uncertainty Index 154.8 +49.0%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 223.95 -.85:  Growth Rate +.3% -.3 percentage point, P/E 18.2 -.4
  
• S&P 500 Current Year Estimated Profit Margin 11.93% -31.0 basis points
  

• Citi US Economic Surprise Index 24.10 +4.4 points

• Citi Eurozone Economic Surprise Index 92.4 -7.7 points

• Citi Emerging Markets Economic Surprise Index 6.5 +3.2 points

• Fed Fund Futures imply 0.0%(-2.6 percentage points) chance of no change, 90.8%(-6.6 percentage points) chance of +25.0 basis point hike to 4.75-5.0% and 9.2%(+9.2 percentage points) chance of +50.0 basis point hike to 5.0-5.25% on 3/22
  

• US Dollar Index 103.62 +.62%

• MSCI Emerging Markets Currency Index 1,691.59 -.95%
  

• Bitcoin/USD 21,769.6 -5.3%

• Euro/Yen Carry Return Index 145.8 -.84%
  

• Yield Curve(2s/10s) -77.25 +.5 basis point
  

• 10-Year US Treasury Yield 3.73% +20.0 basis points
  

• Federal Reserve's Balance Sheet $8.399 Trillion +.03%

• U.S. Sovereign Debt Credit Default Swap 33.99 -.47%
  

• Illinois Municipal Debt Credit Default Swap 158.70 +5.3%
  

• Italian/German 10Y Yld Spread 185.0 +1.0 basis point
• UK Sovereign Debt Credit Default Swap 22.5 +3.4%
  

• China Sovereign Debt Credit Default Swap 60.05 +18.8%
  

• Brazil Sovereign Debt Credit Default Swap 234.08 +5.8%
  

• Israel Sovereign Debt Credit Default Swap 50.9 -2.8%

• South Korea Sovereign Debt Credit Default Swap 40.99 +4.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 27.8 -.39%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.6% -20.0 bps
  
• Zillow US All Homes Rent Index YoY +7.7% unch.
  
• US Urban Consumers Food CPI YoY +10.5% +10.0 bps
• CPI Core Services Ex-Rents YoY 6.19% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.30% unch.: CPI YoY +6.48% +4.0 basis points
  
• 10-Year TIPS Spread 2.35% +12.0 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 -9.5 +.5 basis point

• N. America Investment Grade Credit Default Swap Index 72.7 +6.1%
  

• America Energy Sector High-Yield Credit Default Swap Index 245.0 +4.1% 
• Bloomberg TRACE # Distressed Bonds Traded 313.0 -3.0
  

• European Financial Sector Credit Default Swap Index 78.09 +7.9%
• Credit Suisse Subordinated 5Y Credit Default Swap 371.17 +6.5%

• Emerging Markets Credit Default Swap Index 235.30 +7.8%
  

• MBS 5/10 Treasury Spread 142.0 +15.0 basis points
  
• Aggregate US CMBS Average OAS 1.02 -3.0 basis points
  
• Avg. Auto ABS OAS .66 -4.0 basis points
  

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

• Commercial Paper Outstanding 1,260.6 -2.3%

• 4-Week Moving Average of Jobless Claims 189,250 -1.3%
  

• Continuing Claims Unemployment Rate 1.2% +10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 45.6 -9.6%
  

• Average 30-Year Fixed Home Mortgage Rate 6.61% +29.0 basis points
  

• Weekly Mortgage Applications 249,500 +7.4%

• Weekly Retail Sales +4.3% -70.0
  
• OpenTable US Seated Diners % Change from 2019 -12.9% -12.3 percentage points
• Box Office Weekly Gross $83.7M -18.3%
  

• Nationwide Gas $3.43/gallon -.06/gallon

• Baltic Dry Index 592.0 -4.7%

• China (Export) Containerized Freight Index 1,110.0 n/a

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.5+7.1%
• Truckstop.com Market Demand Index 44.3 +7.3%

• Rail Freight Carloads 232,886 -2.0%
• TSA Total Traveler Throughput 2,152,183 +28.9%
• US Covid-19:  84 infections/100K people(last 7 days total). 4.8%(-0.0 percentage point) of peak on 1/14/22(1,740) -0/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -83.2%(-.8 percentage point) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Large-Cap Value +1.3%

Worst Performing Style

• Small-Cap Value -3.7%

Leading Sectors

• Energy +6.0%

• Oil Service +3.5%
• Shipping +3.2%
  

• Healthcare Providers +1.6%

• Pharma +1.3%
  

Lagging Sectors

• Telecom -5.1%
  

• Internet -5.7%
  

• Airlines -6.4%

• Retail -6.4%
  

• Alt Energy -8.0%
  

Weekly High-Volume Stock Gainers (15)

• LGF/A, PRLB, PRVB, CRSR, DXCM, FLS, MGY, AYX, HROW, TEX, LHCG, COP, SYM, MSI and BKI
  

Weekly High-Volume Stock Losers (21)

• BPMC, TTGT, PRO, YOU, GMED, NUVA, BLNK, BILL, XPO, BAP, NWSA, MERC, EXPE, SSRM, SLVM, DOCS, COUR, OSK, MGA, KN and LYFT
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change