Weekly Scoreboard*

 

S&P 500 4,141.9 -.8%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,686.4 -1.20%

• NASDAQ 12,247.17 +.14%

• Russell 2000 1,762.05 -.67%

• NYSE FANG+ 6,179.07 +.87% 
• Roundhill Meme Stock ETF 29.4 -3.1%
  

• Goldman 50 Most Shorted 137.69 -.14%

• Wilshire 5000 41,241.3 -.68%

• Russell 1000 Growth 2,491.46 +.12%

• Russell 1000 Value 1,500.29 -1.74%

• S&P 500 Consumer Staples 803.89 -.46%

• MSCI Cyclicals-Defensives Spread 1,106.02 -.67%
  

• NYSE Technology 3,119.30 +.81%

• Transports 14,167.23 +1.0%

• Utilities 960.11 +.18%

• Bloomberg European Bank/Financial Services 79.0 -.73%
  

• MSCI Emerging Markets 39.47 +.65%

• HFRX Equity Hedge 1,463.3 -.30%

• HFRX Equity Market Neutral 919.88 -.30%

Sentiment/Internals

• NYSE Cumulative A/D Line 452,381 -.68%
• Nasdaq/NYSE Volume Ratio 7.1 -19.3%

• Bloomberg New Highs-Lows Index -644 -463
  

• Crude Oil Commercial Bullish % Net Position -28.7 -2.1%

• CFTC Oil Net Speculative Position 236,438 -3.33%

• CFTC Oil Total Open Interest 1,826,195 -4.6%

• Total Put/Call .89 -6.3%

• OEX Put/Call 1.13 +7.5%

• ISE Sentiment 100.0 -3.0 points
  

• NYSE Arms .65 -35.4%
  
• Bloomberg Global Risk-On/Risk-Off Index 54.7 -1.4%
• Bloomberg US Financial Conditions Index .05 unch.
  
• Bloomberg European Financial Conditions Index -4.51 -2.0 basis points
  

• Volatility(VIX) 16.8 +7.4%
• DJIA Intraday % Swing 1.48% +41.0%

• CBOE S&P 500 Implied Correlation Index 33.74 +5.8%

• G7 Currency Volatility (VXY) 8.87 +2.7%
  

• Emerging Markets Currency Volatility (EM-VXY) 9.81 -.2%

• Smart Money Flow Index 13,245.30 +.76%
• NAAIM Exposure Index  67.0 +16.2
  

• ICI Money Mkt Mutual Fund Assets $5.310 Trillion +.9%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$.385 Million

• AAII % Bulls 24.1 unch.

• AAII % Bears 44.9 +16.6%

Futures Spot Prices

• CRB Index 261.60 -4.2%

• Crude Oil 71.41/bbl. -6.9%

• Reformulated Gasoline 238.22 -5.9%

• Natural Gas 2.13 -11.6%
• Dutch TTF Nat Gas(European benchmark) 36.6 euros/megawatt-hour -4.5%
  

• Heating Oil 231.90 -2.5% 
• Newcastle Coal 170.0 (1,000/metric ton) -8.6%
  

• Gold 2,017.02 +1.22%
• Silver 25.64 +2.2%
  

• S&P GSCI Industrial Metals Index 429.87 -1.9%

• Copper 389.35 +.31%

• US No. 1 Heavy Melt Scrap Steel 377.0 USD/Metric Tonne -11.3%

• China Iron Ore Spot 99.5 USD/Metric Tonne -2.3%

• Lumber  347.2 -2.2%

• UBS-Bloomberg Agriculture 1,594.98 +1.96%
• US Gulf NOLA Potash Spot 395.0 USD/Short Ton +1.3%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +2.66% +100.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• Bloomberg US Recession Probability Next 12 Months 65.0% unch.
  

• NY Fed Real-Time Weekly Economic Index .92 -11.5%

• US Economic Policy Uncertainty Index 131.3 n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 227.72 +.99:  Growth Rate +2.3% +.4 percentage point, P/E 17.8 -.4 
  
• S&P 500 Current Year Estimated Profit Margin 12.26% -3.0 basis points
  

• Citi US Economic Surprise Index 19.7 -2.3 points

• Citi Eurozone Economic Surprise Index -14.6 -29.8 points

• Citi Emerging Markets Economic Surprise Index 36.9 +1.3 points

• Fed Fund Futures imply 0.0%(-11.5 percentage points) chance of -25.0 basis point cut to 4.75-5.0%, 91.5%(+26.9 percentage points) chance of no change, 8.5%(-15.4 percentage points) chance of +25.0 basis point hike to 5.25-5.50% on 6/14
  

• US Dollar Index 101.25 -.39%

• MSCI Emerging Markets Currency Index 1,692.67 +.32%
  

• Bitcoin/USD 29,338.5 +.43%

• Euro/Yen Carry Return Index 155.59 -.97%
  

• Yield Curve(2s/10s) -47.75 +13.25 basis points
  

• 10-Year US Treasury Yield 3.44% unch.
  

• Federal Reserve's Balance Sheet $8.467 Trillion -.69% 
• Federal Reserve's Discount Window Usage $50.699 Billion -28.6%
  

• U.S. Sovereign Debt Credit Default Swap 70.99 +.98%
  

• Illinois Municipal Debt Credit Default Swap 177.91 +2.94%
  

• Italian/German 10Y Yld Spread 190.0 +3.0 basis points
  
• UK Sovereign Debt Credit Default Swap 26.0 +4.8%
  

• China Sovereign Debt Credit Default Swap 76.23 +5.1%
  

• Brazil Sovereign Debt Credit Default Swap 225.75 +.61%
  

• Israel Sovereign Debt Credit Default Swap 61.21 -.54%

• South Korea Sovereign Debt Credit Default Swap 45.12 +1.7%

• China Corp. High-Yield Bond USD ETF(KHYB) 26.6 -.62%

• 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 6.2% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.66% unch.: CPI YoY +5.19% unch.
  
• 10-Year TIPS Spread 2.22% unch.

• TED Spread 9.5 -13.0 basis points
  
• 2-Year Swap Spread 26.0 -3.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -18.75 -.25 basis point

• N. America Investment Grade Credit Default Swap Index 80.3 +5.7%
  

• America Energy Sector High-Yield Credit Default Swap Index 266.0 +7.2% 
• Bloomberg TRACE # Distressed Bonds Traded 428.0 +28.0
  

• European Financial Sector Credit Default Swap Index 103.77 +5.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 380.85 +4.0%

• Emerging Markets Credit Default Swap Index 246.92 +3.3%
  

• MBS 5/10 Treasury Spread 167.0 unch.
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 709.0 +13.0 basis points
• Avg. Auto ABS OAS .95 +1.0 basis point
  

• M2 Money Supply YoY % Change -4.1% unch.
  

• Commercial Paper Outstanding 1,144.0 -.40%

• 4-Week Moving Average of Jobless Claims 239,250 +1.5%
  

• Continuing Claims Unemployment Rate 1.2% -10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.8 +.44%
  

• Average 30-Year Fixed Home Mortgage Rate 6.79% -21.0 basis points
  

• Weekly Mortgage Applications 214,400 -1.15%

• Weekly Retail Sales +1.4% -10.0 basis points
  
• OpenTable US Seated Diners % Change YoY -4.0% -1.0 percentage point
  
• Box Office Weekly Gross $154.1M -17.0%
  

• Nationwide Gas $3.56/gallon -.07/gallon

• Baltic Dry Index 1,545 -2.3%

• China (Export) Containerized Freight Index 967.58 +.32%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 -13.3%
• Truckstop.com Market Demand Index 45.9 +4.9%

• Rail Freight Carloads 245,642 +2.4%
• TSA Total Traveler Throughput 2,498,939 -.73%
  

Best Performing Style

• Large-Cap Growth +.1%
  

Worst Performing Style

• Large-Cap Value -1.7%

Leading Sectors

• Gold & Silver +5.1%

• Computer Hardware +4.3%
• Road & Rail +2.9%
  

• Disk Drives +2.6%
  

• Biotech +1.9%
  

Lagging Sectors

• Shipping -5.1%
  

• Energy -5.3%
  

• Telecom -5.4%

• Banks -7.4%
  

• Regional Banks -10.8%
  

Weekly High-Volume Stock Gainers (22)

• LASR, OMI, FNKO, SPXC, FLGT, DKNG, BILL, EDIT, NCR, LYV, APLS, QLYS, AMN, CRNX, SEM, POWI, LMND, MTZ, IAS, ATEC, PRVA and PDO
  

Weekly High-Volume Stock Losers (34)

• ARLP, PRGO, TXRH, BRKR, GDDY, CRUS, FND, GPRE, SBH, TSE, NGVT, PCTY, IRTC, PRDO, DAVA, PYCR, ASAI, FYBR, GLOB, ENV, SDGR, FOXF, TNDM, MYGN, TEAM, MPWR, AVID, EPAM, PWSC, CLFD, USM, TRUP, ATSG and TOP
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change