Weekly Scoreboard*

 

S&P 500 3,962.87 -3.31%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 32,892.9 -2.9%

• NASDAQ 11,408.5 -4.3%

• Russell 2000 1,883.73 -3.1%

• S&P 500 High Beta 69.99 -5.6% 
• Roundhill Meme Stock ETF 6.08 -8.2%
  

• Goldman 50 Most Shorted 144.73 -6.9%

• Wilshire 5000 40,118.7 -3.5%

• Russell 1000 Growth 2,292.12 -3.8%

• Russell 1000 Value 1,515.80 -3.0%

• S&P 500 Consumer Staples 758.06 -.5%

• MSCI Cyclicals-Defensives Spread 1,104.4 -.7%
  

• NYSE Technology 2,892.5 -5.7%

• Transports 14,590.77 -4.44%

• Utilities 926.63 -2.0%

• Bloomberg European Bank/Financial Services 88.7 -.46%
  

• MSCI Emerging Markets 38.2 -4.9%

• HFRX Equity Hedge 1,461.8 -.71%

• HFRX Equity Market Neutral 923.8 +.12%

Sentiment/Internals

• NYSE Cumulative A/D Line 455,761 -.6%

• Bloomberg New Highs-Lows Index -89 -173
  

• 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 1.13 +7.6%

• OEX Put/Call 1.72 +9.4%

• ISE Sentiment 86.0 -16.0 points
  

• NYSE Arms .89 -1.9% 
• Bloomberg Global Risk-On/Risk-Off Index 60.6 -1.62%
• Bloomberg US Financial Conditions Index 26.0 -6.0 basis points
  

• Volatility(VIX) 20.1 -.93%
• DJIA Intraday % Swing 1.08% +30.1%

• CBOE S&P 500 Implied Correlation Index 37.6 +12.6%

• G7 Currency Volatility (VXY) 9.9 -2.9%
  

• Emerging Markets Currency Volatility (EM-VXY) 11.0 +1.7%

• Smart Money Flow Index 14,056.6 -.39%
• NAAIM Exposure Index  57.1 -14.1
  

• ICI Money Mkt Mutual Fund Assets $4.820 Trillion +.11%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$8.778 Million

• AAII % Bulls 21.6 -36.7%

• AAII % Bears 38.6 +34.0%

Futures Spot Prices

• CRB Index 266.94 -1.2%

• Crude Oil 76.1/bbl. -2.5%

• Reformulated Gasoline 236.0 -2.9%

• Natural Gas 2.44 +.8%
• Dutch TTF Nat Gas(European benchmark) 51.0 euros/megawatt-hour +4.3%
  

• Heating Oil 277.10 -1.4% 
• Newcastle Coal 204.5 (1,000/metric ton) +13.6%
  

• Gold 1,809.8 -1.7%
• Silver 20.8 -4.3%
  

• S&P GSCI Industrial Metals Index 453.17 -.91%

• Copper 395.40 -4.1%

• US No. 1 Heavy Melt Scrap Steel 433.0 USD/Metric Tonne +4.3%

• China Iron Ore Spot 124.0 USD/Metric Tonne -3.7%

• Lumber  379.60 -2.8%

• UBS-Bloomberg Agriculture 1,550.58 -1.3%
• US Gulf NOLA Potash Spot 372.5 USD/Short Ton -1.6%
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +2.50% unch.
  

• ECRI Weekly Leading Economic Index Growth Rate -3.0% n/a
  
• Bloomberg US Recession Probability Next 12 Months 60.0% -5.0 percentage points
  

• NY Fed Real-Time Weekly Economic Index 1.16 +23.4%

• US Economic Policy Uncertainty Index 285.8 +80.4%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 223.97 -.05:  Growth Rate +.3% +.1 percentage point, P/E 17.9 -.4
  
• S&P 500 Current Year Estimated Profit Margin 12.39% -3.0 basis points
  

• Citi US Economic Surprise Index 37.5 +8.5 points

• Citi Eurozone Economic Surprise Index 68.47-10.7 points

• Citi Emerging Markets Economic Surprise Index 2.5 -1.3 points

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of no change, 70.1%(-11.8 percentage points) chance of +25.0 basis point hike to 4.75-5.0% and 29.9%(+11.8 percentage points) chance of +50.0 basis point hike to 5.0-5.25% on 3/22
  

• US Dollar Index 105.3 +1.1%

• MSCI Emerging Markets Currency Index 1,675.91 +.1%
  

• Bitcoin/USD 23,054.5 -6.0%

• Euro/Yen Carry Return Index 149.81 +.45%
  

• Yield Curve(2s/10s) -86.0 -6.0 basis points
  

• 10-Year US Treasury Yield 3.97% +14.0 basis points
  

• Federal Reserve's Balance Sheet $8.346 Trillion -.03%

• U.S. Sovereign Debt Credit Default Swap 34.5 +2.9%
  

• Illinois Municipal Debt Credit Default Swap 173.75 +8.0%
  

• Italian/German 10Y Yld Spread 180.0 +4.0 basis points
• UK Sovereign Debt Credit Default Swap 22.9 +.2%
  

• China Sovereign Debt Credit Default Swap 71.08 +10.7%
  

• Brazil Sovereign Debt Credit Default Swap 233.31 +1.4%
  

• Israel Sovereign Debt Credit Default Swap 52.6 +1.8%

• South Korea Sovereign Debt Credit Default Swap 44.8 +4.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 27.2 -1.5%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.6% unch.
  
• Zillow US All Homes Rent Index YoY +6.9% unch.
  
• US Urban Consumers Food CPI YoY +10.1% unch.
  
• CPI Core Services Ex-Rents YoY 6.22% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.72% +42.0 basis points: CPI YoY +6.23% -1.0 basis point
  
• 10-Year TIPS Spread 2.38% +1.0 basis point

• TED Spread 15.0 +3.75 basis points 
• 2-Year Swap Spread 34.0 +2.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -8.0 -.25 basis point

• N. America Investment Grade Credit Default Swap Index 76.51 +5.1%
  

• America Energy Sector High-Yield Credit Default Swap Index 255.0 +4.9% 
• Bloomberg TRACE # Distressed Bonds Traded 301.0 -21.0
  

• European Financial Sector Credit Default Swap Index 89.8 +5.3%
• Credit Suisse Subordinated 5Y Credit Default Swap 404.91 +4.9%

• Emerging Markets Credit Default Swap Index 244.54 +2.7%
  

• MBS 5/10 Treasury Spread 150.0 +3.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 513.0 +8.0 basis points
• Avg. Auto ABS OAS .61 +1.0 basis point
  

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

• Commercial Paper Outstanding 1,238.2 -1.4%

• 4-Week Moving Average of Jobless Claims 191,250 +.79%
  

• Continuing Claims Unemployment Rate 1.1% -10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.8 +2.5%
  

• Average 30-Year Fixed Home Mortgage Rate 6.94% +15.0 basis points
  

• Weekly Mortgage Applications 199,800 -13.3%

• Weekly Retail Sales +4.8% +20.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 +3.0% +5.4 percentage points
• Box Office Weekly Gross $119.8M +27.1%
  

• Nationwide Gas $3.39/gallon -.03/gallon

• Baltic Dry Index 816.0 +51.7%

• China (Export) Containerized Freight Index 1,077.8 -1.5%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 42.5 unch.
• Truckstop.com Market Demand Index 42.3 -5.2%

• Rail Freight Carloads 237,705 -1.2%
• TSA Total Traveler Throughput 2,317,943 +12.9%
  
• 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 -3.0%

Worst Performing Style

• Mid-Cap Growth -4.1%

Leading Sectors

• Shipping +2.9%

• Foods +.4%
• Construction +.4%
  

• Defense unch.

• Pharma -.9%
  

Lagging Sectors

• Retail -6.6%
  

• Oil Service -6.9%
  

• Alt Energy -7.0%

• Video Gaming -7.1%
  

• Social Media -8.0%
  

Weekly High-Volume Stock Gainers (15)

• UVE, ZETA, KTOS, EVER, MAX, CYRX, BYND, BECN, ALTR, CRC, OLED, EGLE, EGLE, VRRM, AROC and INSW
  

Weekly High-Volume Stock Losers (43)

• NICE, YETI, ZUMZ, W, BHP, MPW, STAA, OUT, JD, BA, PRMW, EOG, PLNT, DVAX, NTES, BABA, TOST, REPL, SEM, BALY, DINO, ADBE, BPMC, KT, U, MBLY, RYI, DBRG, RUN, FYBR, MDGL, LYV, MATV, VIR, LITE, INT, ADSK, BAND, LASR, SSP, ATSG and VICR
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change