Friday, April 21, 2023

Weekly Scoreboard*

 

S&P 500 4,130.1 -.2%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 33,759.6 -.29%
  • NASDAQ 12,054.3 -.43%
  • Russell 2000 1,791.06 +.58%
  • NYSE FANG+ 5,940.43 -1.7% 
  • Roundhill Meme Stock ETF 6.39 -3.0%
  • Goldman 50 Most Shorted 138.83 -1.5%
  • Wilshire 5000 41,221.5 -.08%
  • Russell 1000 Growth 2,455.49 -.11%
  • Russell 1000 Value 1,518.98 -.19%
  • S&P 500 Consumer Staples 798.89 +1.7%
  • MSCI Cyclicals-Defensives Spread 1,107.53 +.39%
  • NYSE Technology 3,063.60 -1.1%
  • Transports 14,415.7 +1.2%
  • Utilities 969.12 +1.36%
  • Bloomberg European Bank/Financial Services 81.5 -.94%
  • MSCI Emerging Markets 39.06 -1.7%
  • HFRX Equity Hedge 1,462.05 +.03%
  • HFRX Equity Market Neutral 922.77 -.04%
Sentiment/Internals
  • NYSE Cumulative A/D Line 457,262 -.62%
  • Nasdaq/NYSE Volume Ratio 8.8 -4.3%
  • Bloomberg New Highs-Lows Index -22 -219
  • Crude Oil Commercial Bullish % Net Position -26.7 -21.6%
  • CFTC Oil Net Speculative Position 235,632 +4.2%
  • CFTC Oil Total Open Interest 1,875,140 +.90%
  • Total Put/Call .88 -2.2%
  • OEX Put/Call 1.38 -2.0%
  • ISE Sentiment 107.0 +15.0 points
  • NYSE Arms 1.16 +32.6%
  • Bloomberg Global Risk-On/Risk-Off Index 57.5 +.88%
  • Bloomberg US Financial Conditions Index .12 -8.0 basis points
  • Bloomberg European Financial Conditions Index -4.28 -32.0 basis points
  • Volatility(VIX) 16.7 -2.6%
  • DJIA Intraday % Swing .50% -51.9%
  • CBOE S&P 500 Implied Correlation Index 33.0 +2.6%
  • G7 Currency Volatility (VXY) 8.81 -3.4%
  • Emerging Markets Currency Volatility (EM-VXY) 10.0 -15.4%
  • Smart Money Flow Index 13,536.6 +4.1%
  • NAAIM Exposure Index  78.3 +19.6
  • ICI Money Mkt Mutual Fund Assets $5.209 Trillion -1.3%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$2.506 Million
  • AAII % Bulls 27.2 +4.2%
  • AAII % Bears 35.1 +1.7%
Futures Spot Prices
  • CRB Index 271.91 -1.6%
  • Crude Oil 77.80/bbl. -5.9%
  • Reformulated Gasoline 260.2 -8.2%
  • Natural Gas 2.22 +5.3%
  • Dutch TTF Nat Gas(European benchmark) 40.2 euros/megawatt-hour -2.4%
  • Heating Oil 248.7 -6.0% 
  • Newcastle Coal 190.0 (1,000/metric ton) -.2%
  • Gold 1,979.40 -1.1%
  • Silver 25.0 -1.2%
  • S&P GSCI Industrial Metals Index 451.8 -.05%
  • Copper 398.65 -3.2%
  • US No. 1 Heavy Melt Scrap Steel 424.0 USD/Metric Tonne -1.4%
  • China Iron Ore Spot 105.4 USD/Metric Tonne -10.1%
  • Lumber  400.0 -4.7%
  • UBS-Bloomberg Agriculture 1,576.20 -.65%
  • US Gulf NOLA Potash Spot 375.0 USD/Short Ton unch.
Economy
  • Atlanta Fed GDPNow 1Q Forecast +2.48% +31.0 basis points
  • NY Fed Real-Time Weekly Economic Index 1.23 -22.6%
  • US Economic Policy Uncertainty Index 95.4 +85.4%
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 225.93 +.10:  Growth Rate +1.6% +.1 percentage point, P/E 18.3 -.1 
  • S&P 500 Current Year Estimated Profit Margin 12.27% +1.0 basis point
  • Citi US Economic Surprise Index 32.1 +1.1 points
  • Citi Eurozone Economic Surprise Index 32.8 -15.6 points
  • Citi Emerging Markets Economic Surprise Index 31.8 +4.0 points
  • Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 4.5-4.75%, 11.7%(-10.3 percentage points) chance of no change, 88.3%(+10.3 percentage points) chance of +25.0 basis point hike to 5.0-5.25% on 5/3
  • US Dollar Index 101.74 +.15%
  • MSCI Emerging Markets Currency Index 1,691.55 -.47%
  • Bitcoin/USD 27,914.4 -7.9%
  • Euro/Yen Carry Return Index 153.96 +.26%
  • Yield Curve(2s/10s) -62.25 -4.75 basis points
  • 10-Year US Treasury Yield 3.56% +4.0 basis points
  • Federal Reserve's Balance Sheet $8.557 Trillion -.25% 
  • Federal Reserve's Discount Window Usage $69.942 Billion +3.0%
  • U.S. Sovereign Debt Credit Default Swap 54.35 +17.0%
  • Illinois Municipal Debt Credit Default Swap 172.94 +1.7%
  • Italian/German 10Y Yld Spread 187.0 +1.0 basis point
  • UK Sovereign Debt Credit Default Swap 27.73 -.91%
  • China Sovereign Debt Credit Default Swap 72.0 +5.2%
  • Brazil Sovereign Debt Credit Default Swap 229.89 +6.0%
  • Israel Sovereign Debt Credit Default Swap 61.7 -3.8%
  • South Korea Sovereign Debt Credit Default Swap 45.6 +3.5%
  • China Corp. High-Yield Bond USD ETF(KHYB) 26.8 -.57%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +6.5% unch.
  • Zillow US All Homes Rent Index YoY +6.0% unch.
  • US Urban Consumers Food CPI YoY +8.5% unch.
  • CPI Core Services Ex-Rents YoY 6.15% unch.
  • Cleveland Fed Inflation Nowcast Core PCE YoY +4.58% unch.: CPI YoY +5.17% +5.0 basis points
  • 10-Year TIPS Spread 2.28% -3.0 basis points
  • TED Spread 20.0 -5.0 basis points
  • 2-Year Swap Spread 27.75 -2.25 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -17.5 -2.5 basis points
  • N. America Investment Grade Credit Default Swap Index 76.33 +2.9%
  • America Energy Sector High-Yield Credit Default Swap Index 237.0 +4.0
  • Bloomberg TRACE # Distressed Bonds Traded 423.0 +56
  • European Financial Sector Credit Default Swap Index 96.39 +1.0%
  • Deutsche Bank Subordinated 5Y Credit Default Swap 341.99 -9.3%
  • Emerging Markets Credit Default Swap Index 241.49 +4.2%
  • MBS 5/10 Treasury Spread 165.0 +6.0 basis points
  • Bloomberg CMBS Investment Grade Bbb Average OAS 693.0 -1.0 basis point
  • Avg. Auto ABS OAS .94 -1.0 basis point
  • M2 Money Supply YoY % Change -2.4% unch.
  • Commercial Paper Outstanding 1,161.3 +1.3%
  • 4-Week Moving Average of Jobless Claims 239,750 -.21%
  • Continuing Claims Unemployment Rate 1.3% +10.0 basis points
  • Kastle Back-to-Work Barometer(entries in secured buildings) 46.3 -4.5%
  • Average 30-Year Fixed Home Mortgage Rate 6.88% +8.0 basis points
  • Weekly Mortgage Applications 209,200 -8.9%
  • Weekly Retail Sales +1.3% -20.0 basis points
  • OpenTable US Seated Diners % Change YoY -8.0% -6.0 percentage points
  • Box Office Weekly Gross $252.8M +7.5%
  • Nationwide Gas $3.68/gallon +.02/gallon
  • Baltic Dry Index 1,432.0 -.21%
  • China (Export) Containerized Freight Index 934.39 -.82%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 47.5 unch.
  • Truckstop.com Market Demand Index 41.6 -4.9%
  • Rail Freight Carloads 234,131 +3.8%
  • TSA Total Traveler Throughput 2,510,568 +16.8%
Best Performing Style
  • Small-Cap Growth +.3%
Worst Performing Style
  • Large-Cap Value -.3%
Leading Sectors
  • Homebuilding +6.1%
  • Medical Equipment +4.1%
  • Gambling +3.5%
  • Road & Rail +2.5%
  • Insurance +1.4%
Lagging Sectors
  • Oil Service -4.0%
  • Energy -4.0%
  • Computer Hardware -4.6%
  • Gold & Silver -5.5%
  • Networking -6.4%
Weekly High-Volume Stock Gainers (32)
  • EVCM, TMDX, SWAV, MSGE, DAWN, FDMT, LEGN, MBI, XPO, BJRI, ACLX, HCA, SGRY, AKRO, MIRM, HIMS, NOVA, S, THC, EHC, UHS, VIR, PG, CSX, SYM, LOVE, AMZN, LUNG, BAX, AXSM, HTH and VKTX
Weekly High-Volume Stock Losers (41)
  • EVRI, JBHT, RF, MOS, SSL, INDB, SCCO, WSC, TSM, LMND, CLF, BHP, UBER, USB, FFIN, PTEN, AMR, SLB, VALE, FIBK, KEY, RIO, ATKR, TFC, ZION, FCX, MP, NSIT, ALV, AA, OSTK, GBCI, ALB, OCFC, XMTR, LTHM, WRB, EVBG, HSAI, ASUR and SQM
ETFs
Stocks
*5-Day Change

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