Weekly Scoreboard*

 

S&P 500 4,451.1 -1.3%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 34,526.5 -.65%

• NASDAQ 13,738.3 -2.1%

• Russell 2000 1,851.92 -2.5%

• NYSE FANG+ 7,757.4 -.89% 
• Roundhill Meme Stock ETF 34.44 -2.5%
  

• Goldman 50 Most Shorted 147.7 -2.9%

• Wilshire 5000 44,421.0 -1.4%

• Russell 1000 Growth 2,793.9 -1.34%

• Russell 1000 Value 1,544.2 -1.0%

• S&P 500 Consumer Staples 725.5 -1.6%

• MSCI Cyclicals-Defensives Spread 1,263.0 -1.0%
  

• NYSE Technology 3,795.73 -.96%

• Transports 15,202.7 -3.5%

• Utilities 871.75 -.17%

• Bloomberg European Bank/Financial Services 82.97 -2.6%
  

• MSCI Emerging Markets 38.8 -1.2%

• Credit Suisse AllHedge Long/Short Equity Index 192.5 -.5%

• Credit Suisse AllHedge Equity Market Neutral Index 103.0 -.16%

Sentiment/Internals

• NYSE Cumulative A/D Line 462,198 -.75%
• Nasdaq/NYSE Volume Ratio 9.7 +9.0%

• Bloomberg New Highs-Lows Index -420 +131
  

• Crude Oil Commercial Bullish % Net Position -29.2 +2.2%

• CFTC Oil Net Speculative Position 240,905 +2.8%

• CFTC Oil Total Open Interest 1,658,521 +2.2%

• Total Put/Call 1.07 +2.9%

• OEX Put/Call 1.71 -16.3%

• ISE Sentiment 113.0 +15.0 points
  

• NYSE Arms 1.06 -9.9%
  
• Bloomberg Global Risk-On/Risk-Off Index 70.6 +.3%
• Bloomberg US Financial Conditions Index .45 -2.0 basis points
  
• Bloomberg European Financial Conditions Index -.54 -64.0 basis points
  

• Volatility(VIX) 14.0 +2.4%
• DJIA Intraday % Swing .45% -40.0%

• CBOE S&P 500 3M Implied Correlation Index 20.0 +5.3%

• G7 Currency Volatility (VXY) 8.09 +1.89%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.74 +1.9%

• Smart Money Flow Index 12,239.9 -4.43%
• NAAIM Exposure Index  49.7 -20.5
  

• ICI Money Mkt Mutual Fund Assets $5.625 Trillion +.8%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$.452 Million

• AAII % Bulls 42.2 +27.5%

• AAII % Bears 29.6 -14.2%

Futures Spot Prices

• CRB Index 284.47 +.66%

• Crude Oil 87.40/bbl. +4.67%

• Reformulated Gasoline 265.52 +3.60%

• Natural Gas 2.61 -5.6%
• Dutch TTF Nat Gas(European benchmark) 34.50 euros/megawatt-hour -3.1%
  

• Heating Oil 330.0 +4.7% 
• Newcastle Coal 160.7 (1,000/metric ton) +3.0%
  

• Gold 1,918.70 -1.1%
• Silver 22.90 -5.3%
  

• S&P GSCI Industrial Metals Index 412.5 -.5%

• Copper 371.65 -2.0%

• US No. 1 Heavy Melt Scrap Steel 373.0 USD/Metric Tonne +2.5%

• China Iron Ore Spot 114.1 USD/Metric Tonne -.44%

• CME Lumber  499.0 -1.38%

• UBS-Bloomberg Agriculture 1,602.54 +.50%
• US Gulf NOLA Potash Spot 332.5 USD/Short Ton +.3%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +5.58% -6.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 26.3% -1.8 percentage points
  

• NY Fed Real-Time Weekly Economic Index 1.58 -11.2%

• US Economic Policy Uncertainty Index 60.8 -58.1%
• S&P 500 Current Quarter EPS Growth Rate YoY(497 of 500 reporting) -5.8% -.2 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 238.45 +.66:  Growth Rate +8.5% +.4 percentage point, P/E 18.7 -.3
  
• S&P 500 Current Year Estimated Profit Margin 12.14% -7.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +25.4% +1.1 percentage point
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 245.74 +1.86: Growth Rate +48.2% +1.1 percentage point, P/E 31.6 -.4
  

• Citi US Economic Surprise Index 61.4 +9.3 points

• Citi Eurozone Economic Surprise Index -74.1 -12.0 points

• Citi Emerging Markets Economic Surprise Index 6.3 +.2 point

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 93.0%(+1.0 percentage point) chance of no change, 7.0%(-1.0 percentage point) chance of +25.0 basis point hike to 5.5-5.75% on 9/20
  

• US Dollar Index 105.09 +1.38%

• MSCI Emerging Markets Currency Index 1,666.36 -.79%
  

• Bitcoin/USD 25,787.5 -.99%

• Euro/Yen Carry Return Index 167.76 +.41%
  

• Yield Curve(2s/10s) -73.25 -3.25 basis points
  

• 10-Year US Treasury Yield 4.25% +8.0 basis points
  

• Federal Reserve's Balance Sheet $8.064 Trillion -.24% 
• Federal Reserve's Discount Window Usage $2.049 Billion -7.0%
  

• U.S. Sovereign Debt Credit Default Swap 49.32 +2.9%
  

• Illinois Municipal Debt Credit Default Swap 188.98 -1.2%
  

• Italian/German 10Y Yld Spread 174.0 +5.0 basis points
  
• UK Sovereign Debt Credit Default Swap 27.93 +2.8%
  

• China Sovereign Debt Credit Default Swap 72.31 +1.2%
  

• Brazil Sovereign Debt Credit Default Swap 170.85 +2.6%
  

• Israel Sovereign Debt Credit Default Swap 52.38 -3.4%

• South Korea Sovereign Debt Credit Default Swap 31.9 -4.1%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.92 +.5%
• China High-Yield Real Estate Total Return Index 86.14 +7.8%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.9% -10.0 basis points
  
• Zillow US All Homes Rent Index YoY +3.6% unch.
  
• US Urban Consumers Food CPI YoY +4.9% unch.
  
• CPI Core Services Ex-Shelter YoY +4.0% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.0% unch.: CPI YoY +3.8% unch.
  
• 10-Year TIPS Spread 2.33% +7.0 basis points
  

• TED Spread 21.75 -3.75 basis points
  
• 2-Year SOFR Swap Spread -10.5 unch.
  

• 3-Month EUR/USD Cross-Currency Basis Swap -11.25 +.25 basis point

• N. America Investment Grade Credit Default Swap Index 64.43 +1.48%
  

• America Energy Sector High-Yield Credit Default Swap Index 180.0 -1.20% 
• Bloomberg TRACE # Distressed Bonds Traded 346.0 -18.0
  

• European Financial Sector Credit Default Swap Index 82.39 +2.7%
• Deutsche Bank Subordinated 5Y Credit Default Swap 270.79 +3.6%

• Emerging Markets Credit Default Swap Index 201.8 +1.58%
  

• MBS 5/10 Treasury Spread 167.0 +5.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 806.0 +2.0 basis point
• Avg. Auto ABS OAS .74 +1.0 basis point
  

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

• Commercial Paper Outstanding 1,159.8 -2.1%

• 4-Week Moving Average of Jobless Claims 229,250 -3.6%
  

• Continuing Claims Unemployment Rate 1.1% -10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 47.26 +.23%
  

• Average 30-Year Fixed Home Mortgage Rate 7.55% +2.0 basis points
  

• Weekly Mortgage Applications 183,600 -2.9%

• Weekly Retail Sales +4.1% +210.0 basis points
  
• OpenTable US Seated Diners % Change YoY -5.0% unch.
  
• Box Office Weekly Gross YoY $79.1M +112.5%
  

• Nationwide Gas $3.81/gallon -.01/gallon

• Baltic Dry Index 1,141.0 +7.1%

• China (Export) Containerized Freight Index 890.34 -.3%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 22.5 -10.0%
• Truckstop.com Market Demand Index 39.2 -.33%

• Rail Freight Carloads 245,738 -.05%
• TSA Total Traveler Throughput 2,599,387 +26.0%
  

Best Performing Style

• Large-Cap Value -1.0%
  

Worst Performing Style

• Small-Cap Growth -2.5%

Leading Sectors

• Oil Service +4.6%

• Energy +4.4%
• Software +1.2%
  

• Computer Hardware +1.1%
  

• Pharma +1.1%
  

Lagging Sectors

• Networking -4.0%
  

• Digital Health -4.6%
  

• Alt Energy -5.0%

• Airlines -5.5%
  

• Telecom -6.5%
  

Weekly High-Volume Stock Gainers (18)

• GCT, SWBI, GWRE, VKTX, CBAY, IONQ, SMAR, DK, PBF, VLO, KR, PTEN, HP, STAA, DINO, WRK, ACI and SNOW
  

Weekly High-Volume Stock Losers (11)

• BOWL, SUM, TTC, SQ, CDMO, BILI, PHR, INOD, VFS, ZUMZ and RH
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change