Weekly Scoreboard*

S&P 500 4,117.1 -.5%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,2944 -1.3%

• NASDAQ 12,286.2 +.26%

• Russell 2000 1,736.79 -1.4%

• NYSE FANG+ 6,350.9 +3.0% 
• Roundhill Meme Stock ETF 30.0 -.43%
  

• Goldman 50 Most Shorted 13454 -2.4%

• Wilshire 5000 41,018.93 -.50%

• Russell 1000 Growth 2,494..23 +.22%

• Russell 1000 Value 1,47785 -1.4%

• S&P 500 Consumer Staples 803.6 -.08%

• MSCI Cyclicals-Defensives Spread 1,125.47 +1.32%
  

• NYSE Technology 3,124493 +.37%

• Transports 13,760.4 -2.6%

• Utilities 957.80 -.52%

• Bloomberg European Bank/Financial Services 79.55 +.68%
  

• MSCI Emerging Markets 38.69 -2.0%

• HFRX Equity Hedge 1,467.8 +.18%

• HFRX Equity Market Neutral 922.08 +.27%

Sentiment/Internals

• NYSE Cumulative A/D Line 452,940 +.12%
• Nasdaq/NYSE Volume Ratio 8.0 +12.7%

• Bloomberg New Highs-Lows Index -212 +432
  

• Crude Oil Commercial Bullish % Net Position -25.5 +11.0%

• CFTC Oil Net Speculative Position 214,845 -9.1%

• CFTC Oil Total Open Interest 1,908,299 +4.5%

• Total Put/Call .89 -5.4%

• OEX Put/Call 1.21 +.68%

• ISE Sentiment 109.0 +9.0 points
  

• NYSE Arms 1.15 +108.6%
  
• Bloomberg Global Risk-On/Risk-Off Index 53.1 -2.9%
• Bloomberg US Financial Conditions Index -.01 -6.0 basis points
  
• Bloomberg European Financial Conditions Index -4.54 -3.0 basis points
  

• Volatility(VIX) 17.1 +2.2%
• DJIA Intraday % Swing .89% -39.8%

• CBOE S&P 500 Implied Correlation Index 33.0 -2.3%

• G7 Currency Volatility (VXY) 8.58 -3.3%
  

• Emerging Markets Currency Volatility (EM-VXY) 9.8 +.71%

• Smart Money Flow Index 13,463.05 +1.6%
• NAAIM Exposure Index  65.2 -1.8
  

• ICI Money Mkt Mutual Fund Assets $5.328 Trillion +.4%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$15.603 Million

• AAII % Bulls 29.4 +22.0%

• AAII % Bears 41.2 -8.2%

Futures Spot Prices

• CRB Index 257.92 -1.4%

• Crude Oil 70.15/bbl. -1.74%

• Reformulated Gasoline 242.67 +1.9%

• Natural Gas 2.28 +7.4%
• Dutch TTF Nat Gas(European benchmark) 32.8 euros/megawatt-hour -8.6%
  

• Heating Oil 230.55 -.9% 
• Newcastle Coal 160.1 (1,000/metric ton) -5.8%
  

• Gold 2,012.48 -.08%
• Silver 23.98 -6.4%
  

• S&P GSCI Industrial Metals Index 413.18 -5.2%

• Copper 372.5 -4.3%

• US No. 1 Heavy Melt Scrap Steel 377.0 USD/Metric Tonne unch.

• China Iron Ore Spot 101.5 USD/Metric Tonne -3.2%

• Lumber  339.9 -5.5%

• UBS-Bloomberg Agriculture 1,550.47 -.9%
• US Gulf NOLA Potash Spot 395.0 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +2.75% +9.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 40.6% +12.0%
  

• NY Fed Real-Time Weekly Economic Index 1.03 +27.2%

• US Economic Policy Uncertainty Index 131.3 n/a
• S&P 500 Current Quarter EPS Growth Rate YoY(457 of 500 reporting) -3.9% n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 227.95 +.23:  Growth Rate +2.4% +.1 percentage point, P/E 18.1 +.3 
  
• S&P 500 Current Year Estimated Profit Margin 12.23% -3.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(8 of 10 reporting) -2.1% n/a
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 198.52 n/a: Growth Rate +28.2% n/a, P/E 32.4 n/a
  

• Citi US Economic Surprise Index 6.0 -13.7 points

• Citi Eurozone Economic Surprise Index -21.1 -6.5 points

• Citi Emerging Markets Economic Surprise Index 31.3 -5.6 points

• Fed Fund Futures imply 0.0%(-11.5 percentage points) chance of -25.0 basis point cut to 4.75-5.0%, 82.3%(-9.2 percentage points) chance of no change, 17.7%(+9.2 percentage points) chance of +25.0 basis point hike to 5.25-5.50% on 6/14
  

• US Dollar Index 102.71 +1.4%

• MSCI Emerging Markets Currency Index 1,689.80 -.29%
  

• Bitcoin/USD 26,315.2 -9.0%

• Euro/Yen Carry Return Index 154.34 -.73%
  

• Yield Curve(2s/10s) -55.0 -7.25 basis points
  

• 10-Year US Treasury Yield 3.46% +2.0 basis points
  

• Federal Reserve's Balance Sheet $8.466 Trillion -.01% 
• Federal Reserve's Discount Window Usage $4.621 Billion -90.9%
  

• U.S. Sovereign Debt Credit Default Swap 73.04 +2.9%
  

• Illinois Municipal Debt Credit Default Swap 183.11 +2.9%
  

• Italian/German 10Y Yld Spread 191.0 +1.0 basis point
  
• UK Sovereign Debt Credit Default Swap 22.14 -14.9%
  

• China Sovereign Debt Credit Default Swap 71.59 -5.8%
  

• Brazil Sovereign Debt Credit Default Swap 226.26 +.21%
  

• Israel Sovereign Debt Credit Default Swap 62.17 +1.6%

• South Korea Sovereign Debt Credit Default Swap 4338 -3.9%

• China Corp. High-Yield Bond USD ETF(KHYB) 26.3 -1.1%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.3% -20.0 basis points
  
• Zillow US All Homes Rent Index YoY +5.3% -70.0 basis points
  
• US Urban Consumers Food CPI YoY +7.6% -90.0 basis points
  
• CPI Core Services Ex-Shelter YoY +5.2% -50.0 basis points
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.65% -1.0 basis point: CPI YoY +4.14% -105.0 basis points
  
• 10-Year TIPS Spread 2.19% -3.0 basis points

• TED Spread 15.75 +6.25 basis points
  
• 2-Year Swap Spread 21.25 -4.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -20.75 -2.0 basis points

• N. America Investment Grade Credit Default Swap Index 80.9 -.24%
  

• America Energy Sector High-Yield Credit Default Swap Index 263.0 -1.2% 
• Bloomberg TRACE # Distressed Bonds Traded 437.0 +9.0
  

• European Financial Sector Credit Default Swap Index 102.18 -1.5%
• Deutsche Bank Subordinated 5Y Credit Default Swap 386.13 +.7%

• Emerging Markets Credit Default Swap Index 248.58 +.38%
  

• MBS 5/10 Treasury Spread 173.0 +6.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 708.0 -1.0 basis point
• Avg. Auto ABS OAS .95 unch.
  

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

• Commercial Paper Outstanding 1,146.4 +.20%

• 4-Week Moving Average of Jobless Claims 245,250 +2.5%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.9 +.22%
  

• Average 30-Year Fixed Home Mortgage Rate 6.84% +5.0 basis points
  

• Weekly Mortgage Applications 227,800 +6.3%

• Weekly Retail Sales +1.3% -10.0 basis points
  
• OpenTable US Seated Diners % Change YoY -13.0% -9.0 percentage points
  
• Box Office Weekly Gross $177.6M +15.3%
  

• Nationwide Gas $3.54/gallon -.02/gallon

• Baltic Dry Index 1,608 +4.1%

• China (Export) Containerized Freight Index 955.93 -1.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 -7.7%
• Truckstop.com Market Demand Index 43.4 -5.5%

• Rail Freight Carloads 240,141 -2.2%
• TSA Total Traveler Throughput 2,585,633 +26.5%
  

Best Performing Style

• Large-Cap Growth -.1%
  

Worst Performing Style

• Small-Cap Value -1.9%

Leading Sectors

• Cyber Security +1.7%

• Internet +1.6%
• Electric Vehicles +.8%
  

• Alt Energy +.5%
  

• Video Gaming +.4%
  

Lagging Sectors

• Agriculture -3.3%
  

• Banks -4.3%
  

• Oil Service -4.4%

• Gold & Silver -5.2%
  

• Regional Banks -6.1%
  

Weekly High-Volume Stock Gainers (14)

• FSLR, TPIC, ARRY, NXT, TH,, VYGR, MRVI, SIBN, MTZ, MRCY, FLNC, CNXC, ENPH and GT
  

Weekly High-Volume Stock Losers (22)

• MODG, SONO, SPWR, MET, CTLT, PYPL,, , NTR, CPRX, BE, COHR, GDS, GEN, ABNB, SANM, TSE, ARQT, ACLX, BOH, SPHR and HROW
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change