Weekly Scoreboard*

S&P 500 4,210.9 +.49%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,100.8 -.96%

• NASDAQ 12,983.3 +2.6%

• Russell 2000 1,774.19 +.05%

• NYSE FANG+ 7,152.2 +6.1% 
• Roundhill Meme Stock ETF 30.3 -1.8%
  

• Goldman 50 Most Shorted 138.19 +.73%

• Wilshire 5000 41,887.3 +.38%

• Russell 1000 Growth 2,610.2 +1.9%

• Russell 1000 Value 1,473.9 -1.2%

• S&P 500 Consumer Staples 764.8 -3.2%

• MSCI Cyclicals-Defensives Spread 1,161.8 +2.1%
  

• NYSE Technology 3,452.4 +4.9%

• Transports 13,913.0 +.06%

• Utilities 892.1 -2.5%

• Bloomberg European Bank/Financial Services 80.25 -.7%
  

• MSCI Emerging Markets 39.2 +.2%

• HFRX Equity Hedge 1,469.9 -.24%

• HFRX Equity Market Neutral 923.07 -.05%

Sentiment/Internals

• NYSE Cumulative A/D Line 449,281 -.96%
• Nasdaq/NYSE Volume Ratio 8.5 +34.9%

• Bloomberg New Highs-Lows Index -324 -490
  

• Crude Oil Commercial Bullish % Net Position -22.8 +5.6%

• CFTC Oil Net Speculative Position 191,469 -11.6%

• CFTC Oil Total Open Interest 1,856,570 -1.55%

• Total Put/Call .84 -8.8%

• OEX Put/Call 1.85 +18.2%

• ISE Sentiment 126.0 +18.0 points
  

• NYSE Arms .76 -29.0%
  
• Bloomberg Global Risk-On/Risk-Off Index 59.5 +2.94%
• Bloomberg US Financial Conditions Index -.09 -12.0 basis points
  
• Bloomberg European Financial Conditions Index -4.63 -9.0 basis points
  

• Volatility(VIX) 18.0 +6.5%
• DJIA Intraday % Swing 1.12% +17.9%

• CBOE S&P 500 Implied Correlation Index 26.0 -14.0%

• G7 Currency Volatility (VXY) 8.56 +2.64%
  

• Emerging Markets Currency Volatility (EM-VXY) 9.60 +1.1%

• Smart Money Flow Index 13,316.43 -3.1%
• NAAIM Exposure Index  65.5 +6.5
  

• ICI Money Mkt Mutual Fund Assets $5.388 Trillion +.87%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$10.406 Million

• AAII % Bulls 27.4 +19.7%

• AAII % Bears 39.7 unch.

Futures Spot Prices

• CRB Index 258.49 -1.39%

• Crude Oil 72.77/bbl. +1.4%

• Reformulated Gasoline 269.3 +4.4%

• Natural Gas 2.18 -15.9%
• Dutch TTF Nat Gas(European benchmark) 24.5 euros/megawatt-hour -18.4%
  

• Heating Oil 236.8 -.05% 
• Newcastle Coal 140.5 (1,000/metric ton) -8.8%
  

• Gold 1,945.96 -1.6%
• Silver 23.3 -2.4%
  

• S&P GSCI Industrial Metals Index 405.3 -3.0%

• Copper 367.35 -1.5%

• US No. 1 Heavy Melt Scrap Steel 379.0 USD/Metric Tonne +.26%

• China Iron Ore Spot 101.5 USD/Metric Tonne -.7%

• CME Lumber  486.0 -3.1%

• UBS-Bloomberg Agriculture 1,533.60 +.96%
• US Gulf NOLA Potash Spot 395.0 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +1.9% -99.0 basis points
  

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

• NY Fed Real-Time Weekly Economic Index 1.17 +60.3%

• US Economic Policy Uncertainty Index 131.3 n/a
• S&P 500 Current Quarter EPS Growth Rate YoY(485 of 500 reporting) -3.0% -.2 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 228.98 +.73:  Growth Rate +2.4% +.1 percentage point, P/E 18.1 -.3 
  
• S&P 500 Current Year Estimated Profit Margin 12.24% +2.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) -2.7% -.6 percentage point
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 200.31 +.57: Growth Rate +31.6% +2.6 percentage points, P/E 34.5 +.4
  

• Citi US Economic Surprise Index 22.0 +16.5 points

• Citi Eurozone Economic Surprise Index -46.7 -19.2 points

• Citi Emerging Markets Economic Surprise Index 12.6 -4.9 points

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis point cut to 4.75-5.0%, 35.8%(-46.8 percentage points) chance of no change, 64.2%(+46.8 percentage points) chance of +25.0 basis point hike to 5.25-5.50% on 6/14
  

• US Dollar Index 104.2 +.97%

• MSCI Emerging Markets Currency Index 1,676.01 -.29%
  

• Bitcoin/USD 26,737.1 -.40%

• Euro/Yen Carry Return Index 158.3 +1.3%
  

• Yield Curve(2s/10s) -76.5 -18.0 basis points
  

• 10-Year US Treasury Yield 3.80% +12.0 basis points
  

• Federal Reserve's Balance Sheet $8.400 Trillion -.24% 
• Federal Reserve's Discount Window Usage $7.076 Billion -23.1%
  

• U.S. Sovereign Debt Credit Default Swap 55.0 -.28%
  

• Illinois Municipal Debt Credit Default Swap 178.8 -2.4%
  

• Italian/German 10Y Yld Spread 186.0 +2.0 basis points
  
• UK Sovereign Debt Credit Default Swap 26.3 +14.6%
  

• China Sovereign Debt Credit Default Swap 69.0 -.4%
  

• Brazil Sovereign Debt Credit Default Swap 210.85 -3.0%
  

• Israel Sovereign Debt Credit Default Swap 65.2 +4.4%

• South Korea Sovereign Debt Credit Default Swap 41.1 -3.1%

• China Corp. High-Yield Bond USD ETF(KHYB) 25.6 -1.02%

• 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 +4.71% +6.0 basis points: CPI YoY +4.12% -1.0 basis point
  
• 10-Year TIPS Spread 2.26% +1.0 basis point

• TED Spread 23.5 +10.25 basis points
  
• 2-Year Swap Spread 19.25 unch.
  

• 3-Month EUR/USD Cross-Currency Basis Swap -23.0 -4.75 basis points

• N. America Investment Grade Credit Default Swap Index 75.9 -4.5%
  

• America Energy Sector High-Yield Credit Default Swap Index 246.0 -4.96% 
• Bloomberg TRACE # Distressed Bonds Traded 420.0 -18.0
  

• European Financial Sector Credit Default Swap Index 92.5 -3.5%
• Deutsche Bank Subordinated 5Y Credit Default Swap 324.8 +.8%

• Emerging Markets Credit Default Swap Index 249.9 -2.9%
  

• MBS 5/10 Treasury Spread 193.0 +20.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 718.0 +2.0 basis points
• Avg. Auto ABS OAS .91 -3.0 basis points
  

• M2 Money Supply YoY % Change -4.6% -50.0 basis points
  

• Commercial Paper Outstanding 1,127.2 -1.1%

• 4-Week Moving Average of Jobless Claims 231,750 -5.1%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.5 +.55%
  

• Average 30-Year Fixed Home Mortgage Rate 7.15% +16.0 basis points
  

• Weekly Mortgage Applications 205,000 -4.6%

• Weekly Retail Sales +1.5% unch.
  
• OpenTable US Seated Diners % Change YoY -3.0% -15.0 percentage points
  
• Box Office Weekly Gross $158.0M -10.3%
  

• Nationwide Gas $3.57/gallon +.03/gallon

• Baltic Dry Index 1,215 -12.2%

• China (Export) Containerized Freight Index 938.74 -.79%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 -7.1%
• Truckstop.com Market Demand Index 54.4 +29.6%

• Rail Freight Carloads 245,601 +1.99%
• TSA Total Traveler Throughput 2,658,057 +20.1%
  

Best Performing Style

• Large-Cap Growth +1.7%
  

Worst Performing Style

• Mid-Cap Value -1.6%

Leading Sectors

• Disk Drives +12.2%

• Semis +10.2%
• Computer Hardware +5.7%
  

• Networking +5.1%
  

• Cyber Security +4.0%
  

Lagging Sectors

• Homebuilders -3.6%
  

• Restaurants -3.9%
  

• Medical Equipment -4.8%

• Gold & Silver -4.9%
  

• Gambling -4.9%
  

Weekly High-Volume Stock Gainers (41)

• MRVL, ITOS, RCUS, RNG, COHR, CRDO, LGF/A, AI, MOD, VICR, LITE, WDAY, AVGO, PATH, WCC, SMCI, ANET, CGEM, MPWR, BAH, DLR, ENTG, F, AMBA, ZNTL, VRT, PLTR, SGH, MU, ADBE, PLAB, TDC, DECK, COST, COHU, RMBS, SNCY, VMW, BASE and APH
  

Weekly High-Volume Stock Losers (13)

• BTAI, RH, MLTX, ES, ARCH, AMLX, NEWR, LNTH, HIBB, DOMO, ULTA, PAGS and DLO
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change