Weekly Scoreboard*

S&P 500 4,338.1 -.74%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,507.5 -1.3%

• NASDAQ 13,219.32 +.06%

• Russell 2000 1,785.10 +.48%

• NYSE FANG+ 7,369.9 +.49% 
• Roundhill Meme Stock ETF 32.07 +1.89%
  

• Goldman 50 Most Shorted 139.05 +2.1%

• Wilshire 5000 42,788.59 -.54%

• Russell 1000 Growth 2,678.44 -.28%

• Russell 1000 Value 1,497.60 -.97%

• S&P 500 Consumer Staples 727.36 -2.1%

• MSCI Cyclicals-Defensives Spread 1,220.4 +1.08%
  

• NYSE Technology 3,600.92 +.89%

• Transports 14,968.77 -.13%

• Utilities 816.55 -6.3%

• Bloomberg European Bank/Financial Services 87.04 +.54%
  

• MSCI Emerging Markets 38.12 -.79%

• Credit Suisse AllHedge Long/Short Equity Index 191.67 +.04%

• Credit Suisse AllHedge Equity Market Neutral Index 103.65 -.13%

Sentiment/Internals

• NYSE Cumulative A/D Line 455,679 -.48%
• Nasdaq/NYSE Volume Ratio 10.2 +4.1%

• Bloomberg New Highs-Lows Index -585 +350
  

• Crude Oil Commercial Bullish % Net Position -37.7 -5.3%

• CFTC Oil Net Speculative Position 328,426 +.48%

• CFTC Oil Total Open Interest 1,692,990 -5.5%

• Total Put/Call 1.0 -13.9%

• OEX Put/Call 1.16 -12.8%

• ISE Sentiment 98.0 +6.0 points
  

• NYSE Arms 1.21 +7.8%
  
• Bloomberg Global Risk-On/Risk-Off Index 71.6 -.83%
• Bloomberg US Financial Conditions Index .06 -23.0 basis points
  
• Bloomberg European Financial Conditions Index -73.0 -79.0 basis points
  

• Volatility(VIX) 17.4 -2.2%
• DJIA Intraday % Swing 1.30% +51.4%

• CBOE S&P 500 3M Implied Correlation Index 26.7 -.42%

• G7 Currency Volatility (VXY) 8.1 +4.4%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.6 +4.7%

• Smart Money Flow Index 11,764.4 -3.0%
• NAAIM Exposure Index  43.0 -14.3
  

• ICI Money Mkt Mutual Fund Assets $5.644 Trillion +.11%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$10.119 Million

• AAII % Bulls 27.8 -11.2%

• AAII % Bears 40.9 +18.2%

Futures Spot Prices

• CRB Index 287.06 +.37%

• Crude Oil 90.57/bbl. +1.2%

• Reformulated Gasoline 243.57 -4.5%

• Natural Gas 2.96 +11.3%
• Dutch TTF Nat Gas(European benchmark) 41.9 euros/megawatt-hour +4.2%
  

• Heating Oil 336.5 +1.5% 
• Newcastle Coal 161.3 (1,000/metric ton) +1.9%
  

• Gold 1,847.9 -3.9%
• Silver 22.15 -5.4%
  

• S&P GSCI Industrial Metals Index 414.57 +.46%

• Copper 372.85 +1.1%

• US No. 1 Heavy Melt Scrap Steel 375.0 USD/Metric Tonne unch.

• China Iron Ore Spot 120.6 USD/Metric Tonne +3.9%

• CME Lumber  502.0 +4.0%

• UBS-Bloomberg Agriculture 1,550.95 -1.8%
• US Gulf NOLA Potash Spot 342.5 USD/Short Ton +3.0%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +4.92% +6.0 basis points
  

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

• NY Fed Real-Time Weekly Economic Index 1.86 -11.9%

• US Economic Policy Uncertainty Index 106.5 +97.3%
• S&P 500 Current Quarter EPS Growth Rate YoY(16 of 500 reporting) +1.5% -8.0 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 239.50 -.05:  Growth Rate +9.0% unch., P/E 18.0 -.1
  
• S&P 500 Current Year Estimated Profit Margin 12.14% +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 263.91 +n/a: Growth Rate +59.2% +n/a, P/E 27.8 -.1
  

• Citi US Economic Surprise Index 45.1 -9.8 points

• Citi Eurozone Economic Surprise Index -54.0 -1.0 point

• Citi Emerging Markets Economic Surprise Index 11.9 +.3 point

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 82.7%(+2.0 percentage points) chance of no change, 17.3%(-2.0 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 11/1
  

• US Dollar Index 106.19 +.55%

• MSCI Emerging Markets Currency Index 1,665.31 -.53%
  

• Bitcoin/USD 26,838.2 +1.4%

• Euro/Yen Carry Return Index 167.95 +.02%
  

• Yield Curve(2s/10s) -48.5 +19.0 basis points
  

• 10-Year US Treasury Yield 4.56% +13.0 basis points
  

• Federal Reserve's Balance Sheet $7.966 Trillion -.27% 
• Federal Reserve's Discount Window Usage $3.250 Billion +2.1%
  

• U.S. Sovereign Debt Credit Default Swap 47.57 -3.2%
  

• Illinois Municipal Debt Credit Default Swap 204.54 +2.98%
  

• Italian/German 10Y Yld Spread 194.0 +8.0 basis points
  
• UK Sovereign Debt Credit Default Swap 30.1 +1.98%
  

• China Sovereign Debt Credit Default Swap 82.3 +3.2%
  

• Brazil Sovereign Debt Credit Default Swap 186.11 +1.7%
  

• Israel Sovereign Debt Credit Default Swap 55.57 +14.2%

• South Korea Sovereign Debt Credit Default Swap 33.66 +1.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.8 -.9%
• China High-Yield Real Estate Total Return Index 77.41 -6.4%
  

• 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 +3.73% -22.0 basis points: CPI YoY +3.69% unch.
  
• 10-Year TIPS Spread 2.34% -3.0 basis points
  

• TED Spread 21.0 +2.0 basis points
  
• 2-Year SOFR Swap Spread -7.5 +2.25 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -35.5 -24.75 basis points

• N. America Investment Grade Credit Default Swap Index 73.3 +.99%
  

• America Energy Sector High-Yield Credit Default Swap Index 185.0 +.34% 
• Bloomberg TRACE # Distressed Bonds Traded 342.0 +24.0
  

• European Financial Sector Credit Default Swap Index 91.34 +3.7%
• Deutsche Bank Subordinated 5Y Credit Default Swap 302.57 +3.1%

• Emerging Markets Credit Default Swap Index 224.78 +5.0%
  

• MBS 5/10 Treasury Spread 172.0 +5.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 907.0 +1.0 basis point
• Avg. Auto ABS OAS .79 unch.
  

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

• Commercial Paper Outstanding 1,194.9 +.9%

• 4-Week Moving Average of Jobless Claims 211,000 -2.9%
  

• Continuing Claims Unemployment Rate 1.1% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.4 +.18%
  

• Average 30-Year Fixed Home Mortgage Rate 7.77% +2.0 basis points
  

• Weekly Mortgage Applications 189,600 -1.3%

• Weekly Retail Sales +4.0% -10.0 basis points
  
• OpenTable US Seated Diners % Change YoY -5.0% +2.0 percentage points
  
• Box Office Weekly Gross $107.2M -22.1%
  

• Nationwide Gas $3.83/gallon -.03/gallon

• Baltic Dry Index 1,716.0 +7.7%

• China (Export) Containerized Freight Index 851.96 -2.7%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.5 unch.
• Truckstop.com Market Demand Index 40.6 -6.0%

• Rail Freight Carloads 258,419 +5.3%
• TSA Total Traveler Throughput 2,594,802 +25.7%
  

Best Performing Style

• Mid-Cap Growth +1.2%
  

Worst Performing Style

• Large-Cap Value -.8%

Leading Sectors

• Retail +2.4%

• Regional Banks +2.2%
• Semis +1.8%
  

• Energy +1.7%
  

• Video Gaming +1.7%
  

Lagging Sectors

• Insurance -2.1%
  

• REITS -2.1%
  

• Computer Services -3.7%

• Gold & Silver -6.6%
  

• Utilities -6.8%
  

Weekly High-Volume Stock Gainers (10)

• GPCR, NKE, CCCS, WBA, DUOL, KSS, PLNT, EAT, BMBL and TRMB
  

Weekly High-Volume Stock Losers (8)

• BEPC, NEP, MDGL, NAPA, MTN, CCL, SNDX and CORT
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change