Weekly Scoreboard*

S&P 500 4,191.39 +1.6%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,423.8 +.47%

• NASDAQ 12,640.2 +2.99%

• Russell 2000 1,771.32 +1.7%

• NYSE FANG+ 6,730.0 +5.8% 
• Roundhill Meme Stock ETF 31.4 +6.4%
  

• Goldman 50 Most Shorted 137.85 +2.3%

• Wilshire 5000 41,711.3 +1.7%

• Russell 1000 Growth 2,557.09 +2.3%

• Russell 1000 Value 1,489.9 +.65%

• S&P 500 Consumer Staples 789.4 -1.8%

• MSCI Cyclicals-Defensives Spread 1,155.03 +4.9%
  

• NYSE Technology 3,285.6 +5.0%

• Transports 13,912.8 +.97%

• Utilities 917.2 -4.4%

• Bloomberg European Bank/Financial Services 80.80 +1.7%
  

• MSCI Emerging Markets 39.1 +.99%

• HFRX Equity Hedge 1,471.6 +.17%

• HFRX Equity Market Neutral 923.54 +.09%

Sentiment/Internals

• NYSE Cumulative A/D Line 453,646 +.16%
• Nasdaq/NYSE Volume Ratio 6.3 -21.3%

• Bloomberg New Highs-Lows Index 166 +378
  

• Crude Oil Commercial Bullish % Net Position -24.1 +5.6%

• CFTC Oil Net Speculative Position 216,628 +.83%

• CFTC Oil Total Open Interest 1,885,886 -1.17%

• Total Put/Call .88 -5.6%

• OEX Put/Call 1.21 +2.8%

• ISE Sentiment 108.0 -1.0 point
  

• NYSE Arms 1.07 -91.0%
  
• Bloomberg Global Risk-On/Risk-Off Index 57.8 +8.9%
• Bloomberg US Financial Conditions Index .03 +4.0 basis points
  
• Bloomberg European Financial Conditions Index -4.54 unch.
  

• Volatility(VIX) 17.2 -1.1%
• DJIA Intraday % Swing .95% +6.7%

• CBOE S&P 500 Implied Correlation Index 35.0 -9.4%

• G7 Currency Volatility (VXY) 8.3 -3.4%
  

• Emerging Markets Currency Volatility (EM-VXY) 9.5 -3.2%

• Smart Money Flow Index 13,745.55 +2.1%
• NAAIM Exposure Index  59.0 -6.2
  

• ICI Money Mkt Mutual Fund Assets $5.342 Trillion +.25%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$8.361 Million

• AAII % Bulls 22.9 -22.1%

• AAII % Bears 39.7 -3.6%

Futures Spot Prices

• CRB Index 261.66 +1.5%

• Crude Oil 71.62/bbl. +1.7%

• Reformulated Gasoline 257.8 +5.6%

• Natural Gas 2.59 +16.1%
• Dutch TTF Nat Gas(European benchmark) 30.18 euros/megawatt-hour -8.7%
  

• Heating Oil 236.40 +3.4% 
• Newcastle Coal 154.0 (1,000/metric ton) -4.4%
  

• Gold 1,979.07 -1.6%
• Silver 23.83 -.28%
  

• S&P GSCI Industrial Metals Index 414.86 -.53%

• Copper 372.7 +.28%

• US No. 1 Heavy Melt Scrap Steel 378.0 USD/Metric Tonne +.27%

• China Iron Ore Spot 105.25 USD/Metric Tonne +.14%

• CME Lumber  502.0 -1.7%

• UBS-Bloomberg Agriculture 1,517.97 -1.5%
• US Gulf NOLA Potash Spot 395.0 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +2.89% +14.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 37.8% -2.8 percentage points
  

• NY Fed Real-Time Weekly Economic Index .80 -20.0%

• US Economic Policy Uncertainty Index 131.3 n/a
• S&P 500 Current Quarter EPS Growth Rate YoY(471 of 500 reporting) -2.8% +1.1 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 228.25 +.30:  Growth Rate +2.3% -.1 percentage point, P/E 18.4 +.3 
  
• S&P 500 Current Year Estimated Profit Margin 12.22% -1.0 basis point
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(8 of 10 reporting) -2.1% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 199.74 +1.22: Growth Rate +29.0% +.8 percentage point, P/E 34.1 +1.7
  

• Citi US Economic Surprise Index 5.5 -.5 point

• Citi Eurozone Economic Surprise Index -27.5 -6.4 points

• Citi Emerging Markets Economic Surprise Index 17.3 -14.0 points

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis point cut to 4.75-5.0%, 79.3%(-5.2 percentage points) chance of no change, 20.7%(+5.2 percentage points) chance of +25.0 basis point hike to 5.25-5.50% on 6/14
  

• US Dollar Index 103.13 +.36%

• MSCI Emerging Markets Currency Index 1,678.76 -.52%
  

• Bitcoin/USD 26,922.90 +.04%

• Euro/Yen Carry Return Index 156.18 +1.1%
  

• Yield Curve(2s/10s) -58.5 -3.25 basis points
  

• 10-Year US Treasury Yield 3.68% +22.0 basis points
  

• Federal Reserve's Balance Sheet $8.420 Trillion -.54% 
• Federal Reserve's Discount Window Usage $9.201 Billion +99.1%
  

• U.S. Sovereign Debt Credit Default Swap 55.20 -24.4%
  

• Illinois Municipal Debt Credit Default Swap 183.33 +.47%
  

• Italian/German 10Y Yld Spread 184.0 -7.0 basis points
  
• UK Sovereign Debt Credit Default Swap 23.0 +3.8%
  

• China Sovereign Debt Credit Default Swap 68.25 -4.6%
  

• Brazil Sovereign Debt Credit Default Swap 217.11 -4.5%
  

• Israel Sovereign Debt Credit Default Swap 62.47 -2.2%

• South Korea Sovereign Debt Credit Default Swap 43.07 -5.7%

• China Corp. High-Yield Bond USD ETF(KHYB) 25.9 -1.8%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.3% unch.
  
• Zillow US All Homes Rent Index YoY +5.3% unch.
  
• US Urban Consumers Food CPI YoY +7.6% unch.
  
• CPI Core Services Ex-Shelter YoY +5.2% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.65% unch.: CPI YoY +4.13% -1.0 basis point
  
• 10-Year TIPS Spread 2.25% +6.0 basis points

• TED Spread 13.25 -2.5 basis points
  
• 2-Year Swap Spread 19.25 -2.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -18.25 +2.5 basis points

• N. America Investment Grade Credit Default Swap Index 79.77 -1.5%
  

• America Energy Sector High-Yield Credit Default Swap Index 258.0 -1.7% 
• Bloomberg TRACE # Distressed Bonds Traded 438.0 +1.0
  

• European Financial Sector Credit Default Swap Index 95.9 -6.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 320.72 -17.3%

• Emerging Markets Credit Default Swap Index 256.93 +3.3%
  

• MBS 5/10 Treasury Spread 173.0 unch.
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 716.0 +8.0 basis points
• Avg. Auto ABS OAS .94 -1.0 basis point
  

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

• Commercial Paper Outstanding 1,139.6 -.6%

• 4-Week Moving Average of Jobless Claims 244,250 -.41%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.3 -1.3%
  

• Average 30-Year Fixed Home Mortgage Rate 6.99% +15.0 basis points
  

• Weekly Mortgage Applications 214,900 -5.7%

• Weekly Retail Sales +1.5% +20.0 basis points
  
• OpenTable US Seated Diners % Change YoY +12.0% +25.0 percentage points
  
• Box Office Weekly Gross $176.1M -.8%
  

• Nationwide Gas $3.54/gallon -.00/gallon

• Baltic Dry Index 1,402 -10.0%

• China (Export) Containerized Freight Index 946.18 -1.0%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 35.0 +16.7%
• Truckstop.com Market Demand Index 42.0 -3.2%

• Rail Freight Carloads 240,810 +1.1%
• TSA Total Traveler Throughput 2,627,978 +26.4%
  

Best Performing Style

• Large-Cap Growth +2.5%
  

Worst Performing Style

• Mid-Cap Value +.5%

Leading Sectors

• Disk Drives +11.3%

• Computer Hardware +8.2%
• Semis +7.5%
  

• Regional Banks +7.3%
  

• Shipping +1.1%
  

Lagging Sectors

• Foods -1.8%
  

• Retail -2.0%
  

• REITs -2.4%

• Gold & Silver -3.8%
  

• Utilities -4.4%
  

Weekly High-Volume Stock Gainers (8)

• CTLT, SDGR, MXL, DXC, BLFS, EPAM, IMGN and VTS
  

Weekly High-Volume Stock Losers (24)

• SIMO, ZNTL, NKE, ULTA, SKX, CROX, NARI, DECK, MODG, CABA, HIBB, SIG, PLCE, GOOS, DKS, SKY, QFIN, AEO, ASO, VFC, KSS, FLO and FL
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change