Weekly Scoreboard*

S&P 500 4,539.4 +.74%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 35,227.7 +2.1%

• NASDAQ 14,032.8 -.53%

• Russell 2000 1,960.44 +1.6%

• NYSE FANG+ 7,745.5 -3.34% 
• Roundhill Meme Stock ETF 40.1 +.66%
  

• Goldman 50 Most Shorted 176.43 +3.1%

• Wilshire 5000 45,404.0 +.80%

• Russell 1000 Growth 2,813.21 +.25%

• Russell 1000 Value 1,600.22 +2.2%

• S&P 500 Consumer Staples 793.59 +1.63%

• MSCI Cyclicals-Defensives Spread 1,293.94 -1.9%
  

• NYSE Technology 3,759.8 -1.29%

• Transports 16,236.2 +2.69%

• Utilities 948.9 +2.25%

• Bloomberg European Bank/Financial Services 8.7 +2.4%
  

• MSCI Emerging Markets 40.42 -1.43%

• HFRX Equity Hedge 1,496.54 +.04%

• HFRX Equity Market Neutral 938.13 -.26%

Sentiment/Internals

• NYSE Cumulative A/D Line 468,963 +.29%
• Nasdaq/NYSE Volume Ratio 8.6 -22.5%

• Bloomberg New Highs-Lows Index 230 -961
  

• Crude Oil Commercial Bullish % Net Position -21.9 -17.0%

• CFTC Oil Net Speculative Position 173,433 +22.6%

• CFTC Oil Total Open Interest 1,796,348 -1.1%

• Total Put/Call .86 -4.7%

• OEX Put/Call 1.24 +14.6%

• ISE Sentiment 116.0 +17.0 points
  

• NYSE Arms 1.12 -27.9%
  
• Bloomberg Global Risk-On/Risk-Off Index 64.5 -1.4%
• Bloomberg US Financial Conditions Index .46 +3.0 basis points
  
• Bloomberg European Financial Conditions Index n/a
  

• Volatility(VIX) 13.7 +1.1%
• DJIA Intraday % Swing .41% -16.3%

• CBOE S&P 500 3M Implied Correlation Index 18.0 +6.1%

• G7 Currency Volatility (VXY) 8.22 +1.9%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.66 +5.0%

• Smart Money Flow Index 14,099.99 -.02%
• NAAIM Exposure Index  99.1 +5.8
  

• ICI Money Mkt Mutual Fund Assets $5.458 Trillion +.08%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$3.052 Million

• AAII % Bulls 51.4 +25.4%

• AAII % Bears 21.5 -17.0%

Futures Spot Prices

• CRB Index 276.48 +1.45%

• Crude Oil 76.98/bbl. +1.7%

• Reformulated Gasoline 280.0 +5.5%

• Natural Gas 2.72 +5.97%
• Dutch TTF Nat Gas(European benchmark) 28.2 euros/megawatt-hour +10.9%
  

• Heating Oil 274.6 +5.5% 
• Newcastle Coal 140.0 (1,000/metric ton) -3.1%
  

• Gold 1,961.93 +.38%
• Silver 24.60 -1.18%
  

• S&P GSCI Industrial Metals Index 416.5 -2.5%

• Copper 381.70 +2.8%

• US No. 1 Heavy Melt Scrap Steel 368.0 USD/Metric Tonne -1.1%

• China Iron Ore Spot 112.6 USD/Metric Tonne +.09%

• CME Lumber  545.5 -6.5%

• UBS-Bloomberg Agriculture 1,652.27 +2.76%
• US Gulf NOLA Potash Spot 355.0 USD/Short Ton -4.2%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +2.42% +13.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 30.0% +2.9 percentage points
  

• NY Fed Real-Time Weekly Economic Index 1.52 +32.2%

• US Economic Policy Uncertainty Index 276.1 +478.4%
• S&P 500 Current Quarter EPS Growth Rate YoY(87 of 500 reporting) +5.1% -7.6 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 231.57 +.44:  Growth Rate +3.7% +.3 percentage point, P/E 19.6 +.1
  
• S&P 500 Current Year Estimated Profit Margin 12.15% -1.0 basis point
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(2 of 10 reporting) +14.5% n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 218.68 +2.43: Growth Rate +42.1% unch., P/E 35.6 -2.0
  

• Citi US Economic Surprise Index 63.1 -8.0 points

• Citi Eurozone Economic Surprise Index -118.3 +16.1 points

• Citi Emerging Markets Economic Surprise Index -9.9 -8.3 points

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis point cut to 4.75-5.0%, .2%(-3.1 percentage points) chance of no change, 99.8%(+3.1 percentage points) chance of +25.0 basis point hike to 5.25-5.50% on 7/26
  

• US Dollar Index 101.05 +1.1%

• MSCI Emerging Markets Currency Index 1,701.88 -.18%
  

• Bitcoin/USD 29,981.09 -1.5%

• Euro/Yen Carry Return Index 166.66 +1.26%
  

• Yield Curve(2s/10s) -101.0 -7.25 basis points
  

• 10-Year US Treasury Yield 3.84% +2.0 basis points
  

• Federal Reserve's Balance Sheet $8.238 Trillion -.27% 
• Federal Reserve's Discount Window Usage $2.766 Billion -2.3%
  

• U.S. Sovereign Debt Credit Default Swap 33.97 -.04%
  

• Illinois Municipal Debt Credit Default Swap 177.89 -1.55%
  

• Italian/German 10Y Yld Spread 161.0 -5.0 basis points
  
• UK Sovereign Debt Credit Default Swap 26.77 -3.9%
  

• China Sovereign Debt Credit Default Swap 62.74 +2.1%
  

• Brazil Sovereign Debt Credit Default Swap 174.68 -1.27%
  

• Israel Sovereign Debt Credit Default Swap 53.55 +.89%

• South Korea Sovereign Debt Credit Default Swap 30.59 -2.90%

• China Corp. High-Yield Bond USD ETF(KHYB) 25.64 -1.45%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.1% unch.
  
• Zillow US All Homes Rent Index YoY +4.1% unch.
  
• US Urban Consumers Food CPI YoY +5.8% +.1 percentage point
  
• CPI Core Services Ex-Shelter YoY +3.9% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.2% unch.: CPI YoY +3.4% unch.
  
• 10-Year TIPS Spread 2.35% +11.0 basis points

• TED Spread 20.75 -1.25 basis points
  
• 2-Year Swap Spread 21.25 +.25 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -12.25 -.5 basis point

• N. America Investment Grade Credit Default Swap Index 65.09 -1.89%
  

• America Energy Sector High-Yield Credit Default Swap Index 200.0 -3.95% 
• Bloomberg TRACE # Distressed Bonds Traded 377.0 -19.0
  

• European Financial Sector Credit Default Swap Index 79.88 -1.49%
• Deutsche Bank Subordinated 5Y Credit Default Swap 265.6 unch.

• Emerging Markets Credit Default Swap Index 202.06 -1.76%
  

• MBS 5/10 Treasury Spread 163.0 unch.
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 723.0 +7.0 basis points
• Avg. Auto ABS OAS .74 -6.0 basis points
  

• M2 Money Supply YoY % Change -4.0% unch.
  

• Commercial Paper Outstanding 1,181.3 +1.3%

• 4-Week Moving Average of Jobless Claims 237,500 -3.8%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.1 +31.0%
  

• Average 30-Year Fixed Home Mortgage Rate 7.15% +1.0 basis point
  

• Weekly Mortgage Applications 210,700 +1.1%

• Weekly Retail Sales -.3% +10.0 basis points
  
• OpenTable US Seated Diners % Change YoY -2.0% unch.
  
• Box Office Weekly Gross YoY $218.0M -7.1%
  

• Nationwide Gas $3.59/gallon +.02/gallon

• Baltic Dry Index 977.0 -10.4%

• China (Export) Containerized Freight Index 866.08 -.44%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 unch.
• Truckstop.com Market Demand Index 39.5 +2.7%

• Rail Freight Carloads 252,544 +19.8%
• TSA Total Traveler Throughput 2,739,648 +10.2%
  

Best Performing Style

• Small-Cap Value +2.7%
  

Worst Performing Style

• Large-Cap Growth -.3%

Leading Sectors

• Regional Banks +8.1%

• I-Banks +5.6%
• Insurance +4.4%
  

• Pharma +4.2%
  

• Healthcare Providers +3.9%
  

Lagging Sectors

• AI/Robotics -1.6%
  

• Video Gaming -1.9%
  

• Digital Health -2.7%

• Social Media -3.1%
  

• Homebuilding -3.6%
  

Weekly High-Volume Stock Gainers (14)

• DWAC, SFBS, ALV, RGEN, MATX, PKX, STOK, ZTS, AVTR, RXRX, DHR, ETSY, NRIX and PRFT
  

Weekly High-Volume Stock Losers (14)

• STNG, LSXMK, SGML, AXP, CSX, PLL, MANH, OMC, HRI, CNMD, MRTX, AN and IPG
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change