Weekly Scoreboard*

 

S&P 500 4,338.9 -2.8%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 34,124.6 -1.5%

• NASDAQ 13,285.6 -3.1%

• Russell 2000 1,781.37 -3.7%

• NYSE FANG+ 7,352.5 -4.8% 
• Roundhill Meme Stock ETF 31.59 -9.1%
  

• Goldman 50 Most Shorted 136.91 -6.9%

• Wilshire 5000 43,239.8 -2.6%

• Russell 1000 Growth 2,693.20 -3.25%

• Russell 1000 Value 1,516.96 -2.44%

• S&P 500 Consumer Staples 746.99 -1.31%

• MSCI Cyclicals-Defensives Spread 1,225.7 -1.86%
  

• NYSE Technology 3,577.73 -4.4%

• Transports 15,037.86 -2.0%

• Utilities 876.64 -1.9%

• Bloomberg European Bank/Financial Services 86.36 +.03%
  

• MSCI Emerging Markets 38.63 -1.52%

• Credit Suisse AllHedge Long/Short Equity Index 191.59 -.85%

• Credit Suisse AllHedge Equity Market Neutral Index 103.78 +.45%

Sentiment/Internals

• NYSE Cumulative A/D Line 457,881 -1.4%
• Nasdaq/NYSE Volume Ratio 9.8 +36.1%

• Bloomberg New Highs-Lows Index -835 -753
  

• Crude Oil Commercial Bullish % Net Position -35.8 -22.5%

• CFTC Oil Net Speculative Position 326,871 +9.2%

• CFTC Oil Total Open Interest 1,791,696 +5.2%

• Total Put/Call 1.02 +.99%

• OEX Put/Call 1.42 -16.9%

• ISE Sentiment 92.0 -5.0 points
  

• NYSE Arms 1.11 +26.2%
  
• Bloomberg Global Risk-On/Risk-Off Index 72.2 -.96%
• Bloomberg US Financial Conditions Index .29 -22.0 basis points
  
• Bloomberg European Financial Conditions Index .06 -41.0 basis points
  

• Volatility(VIX) 16.8 +17.3%
• DJIA Intraday % Swing .44% -53.7%

• CBOE S&P 500 3M Implied Correlation Index 26.1 +21.5%

• G7 Currency Volatility (VXY) 7.9 +.50%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.30 -.95%

• Smart Money Flow Index 12,360.17 +.12%
• NAAIM Exposure Index  54.3 -3.7
  

• ICI Money Mkt Mutual Fund Assets $5.636 Trillion -.12%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$17.876 Million

• AAII % Bulls 31.3 -9.0%

• AAII % Bears 34.6 +18.5%

Futures Spot Prices

• CRB Index 285.93 -1.3%

• Crude Oil 89.98/bbl. -1.92%

• Reformulated Gasoline 257.57 -5.5%

• Natural Gas 2.62 -.95%
• Dutch TTF Nat Gas(European benchmark) 39.79 euros/megawatt-hour +9.0%
  

• Heating Oil 332.3 -2.4% 
• Newcastle Coal 157.5 (1,000/metric ton) -4.6%
  

• Gold 1,925.7 +.14%
• Silver 23.58 +2.3%
  

• S&P GSCI Industrial Metals Index 408.7 -1.4%

• Copper 369.7 -2.6%

• US No. 1 Heavy Melt Scrap Steel 375.0 USD/Metric Tonne -.8%

• China Iron Ore Spot 120.3 USD/Metric Tonne -.77%

• CME Lumber  488.0 -2.5%

• UBS-Bloomberg Agriculture 1,587.04 -1.9%
• US Gulf NOLA Potash Spot 332.5 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +4.86% -8.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 23.4% -2.9 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.40 +48.2%

• US Economic Policy Uncertainty Index 179.0 +93.3%
• S&P 500 Current Quarter EPS Growth Rate YoY(8 of 500 reporting) +9.5% +2.3 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 239.55 +.55:  Growth Rate +9.0% +.3 percentage point, P/E 18.1 -.8
  
• S&P 500 Current Year Estimated Profit Margin 12.13% -1.0 basis point
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 247.29 +15.43: Growth Rate +8.4% +9.3 percentage points, P/E 27.9 -3.9
  

• Citi US Economic Surprise Index 54.9 -9.9 points

• Citi Eurozone Economic Surprise Index -53.0 +15.9 points

• Citi Emerging Markets Economic Surprise Index 11.6 -3.6 points

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 72.6%(-1.1 percentage points) chance of no change, 27.4%(+1.1 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 11/1
  

• US Dollar Index 105.48 +.16%

• MSCI Emerging Markets Currency Index 1,672.0 -.32%
  

• Bitcoin/USD 26,590.6 +.65%

• Euro/Yen Carry Return Index 167.88 +.39%
  

• Yield Curve(2s/10s) -67.5 +4.0 basis points
  

• 10-Year US Treasury Yield 4.43% +11.0 basis points
  

• Federal Reserve's Balance Sheet $7.988 Trillion -.93% 
• Federal Reserve's Discount Window Usage $3.183 Billion +46.1%
  

• U.S. Sovereign Debt Credit Default Swap 49.2 +2.2% (new series)
  

• Illinois Municipal Debt Credit Default Swap 198.2 +5.3%
  

• Italian/German 10Y Yld Spread 186.0 +7.0 basis points
  
• UK Sovereign Debt Credit Default Swap 29.5 +8.5%
  

• China Sovereign Debt Credit Default Swap 79.5 +13.4%
  

• Brazil Sovereign Debt Credit Default Swap 182.1 +9.8%
  

• Israel Sovereign Debt Credit Default Swap 56.6 +18.7%

• South Korea Sovereign Debt Credit Default Swap 33.55 +14.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 25.0 +.07%
• China High-Yield Real Estate Total Return Index 82.82 -5.1%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.9% unch.
  
• Zillow US All Homes Rent Index YoY +3.3% unch.
  
• US Urban Consumers Food CPI YoY +4.3% unch.
  
• CPI Core Services Ex-Shelter YoY +4.1% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.95% -5.0 basis points: CPI YoY +3.69% -1.0 basis point
  
• 10-Year TIPS Spread 2.37% +2.0 basis points
  

• TED Spread 19.0 -3.5 basis points
  
• 2-Year SOFR Swap Spread -9.75 +.5 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -10.75 -.5 basis point

• N. America Investment Grade Credit Default Swap Index 71.7 +14.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 184.0 +8.6% 
• Bloomberg TRACE # Distressed Bonds Traded 318.0 -44.0
  

• European Financial Sector Credit Default Swap Index 788.08 +10.9%
• Deutsche Bank Subordinated 5Y Credit Default Swap 293.63 +11.5%

• Emerging Markets Credit Default Swap Index 212.33 +4.4%
  

• MBS 5/10 Treasury Spread 167.0 unch.
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 906.0 -16.0 basis points
• Avg. Auto ABS OAS .79 +1.0 basis point
  

• M2 Money Supply YoY % Change -3.7% unch.
  

• Commercial Paper Outstanding 1,183.8 +2.0%

• 4-Week Moving Average of Jobless Claims 217,000 -3.5%
  

• Continuing Claims Unemployment Rate 1.1% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.4 +7.1%
  

• Average 30-Year Fixed Home Mortgage Rate 7.75% +24.0 basis points
  

• Weekly Mortgage Applications 192,100 +5.4%

• Weekly Retail Sales +4.1% -20.0 basis points
  
• OpenTable US Seated Diners % Change YoY -7.0% -1.0 percentage point
  
• Box Office Weekly Gross YoY $73.8M +9.1%
  

• Nationwide Gas $3.86/gallon -.01/gallon

• Baltic Dry Index 1,569.0 +13.6%

• China (Export) Containerized Freight Index 871.80 -.39%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.5 +22.2%
• Truckstop.com Market Demand Index 43.2 +4.6%

• Rail Freight Carloads 257,067 +12.1%
• TSA Total Traveler Throughput 2,638,133 +33.4%
  

Best Performing Style

• Large-Cap Value -2.2%
  

Worst Performing Style

• Small-Cap Growth -3.4%

Leading Sectors

• Education +1.9%

• Shipping +1.8%
• Healthcare Providers +1.5%
  

• Insurance +1.0%
  

• Computer Services +.7%
  

Lagging Sectors

• Electric Vehicles -5.1%
  

• Digital Health -5.5%
  

• Regional Banks -5.8%

• Gambling -7.7%
  

• Alt Energy -8.8%
  

Weekly High-Volume Stock Gainers (9)

• ATEX, MRTX, TNGX, HPK, VC, LPG, SGEN, WDC and PETQ
  

Weekly High-Volume Stock Losers (11)

• WBD, UTZ, PARA, GEL, AFRM, ICPT, RILY, ING, HTZ, SCHL and MORF
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change