Weekly Scoreboard*

 

S&P 500 4,316.6 +.69%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,487.1 -.11%

• NASDAQ 13,459.3 +1.7%

• Russell 2000 1,749.1 -1.9%

• NYSE FANG+ 7,622.2 +3.4% 
• Roundhill Meme Stock ETF 31.4 -2.0%
  

• Goldman 50 Most Shorted 131.1 -5.8%

• Wilshire 5000 42,973.3 +.34%

• Russell 1000 Growth 2,736.5 +2.2%

• Russell 1000 Value 1,478.60 -1.3%

• S&P 500 Consumer Staples 705.1 -3.1%

• MSCI Cyclicals-Defensives Spread 1,247.63 +1.82%
  

• NYSE Technology 3,680.3 +2.2%

• Transports 14,873.7 -.66%

• Utilities 799.61 -2.1%

• Bloomberg European Bank/Financial Services 86.16 -.81%
  

• MSCI Emerging Markets 37.97 -.40%

• Credit Suisse AllHedge Long/Short Equity Index 190.98 -.36%

• Credit Suisse AllHedge Equity Market Neutral Index 103.06 -.57%

Sentiment/Internals

• NYSE Cumulative A/D Line 450,363 -1.17%
• Nasdaq/NYSE Volume Ratio 7.5 -26.5%

• Bloomberg New Highs-Lows Index -690 -105
  

• Crude Oil Commercial Bullish % Net Position -40.2 -6.5%

• CFTC Oil Net Speculative Position 469,051 +6.6%

• CFTC Oil Total Open Interest 1,750,559 +3.4%

• Total Put/Call 1.0 -4.8%

• OEX Put/Call 1.44 +21.1%

• ISE Sentiment 99.0 +1.0 point
  

• NYSE Arms .58 -42.06%
  
• Bloomberg Global Risk-On/Risk-Off Index 71.8 +.28%
• Bloomberg US Financial Conditions Index .13 +7.0 basis points
  
• Bloomberg European Financial Conditions Index -13.0 +60.0 basis points
  

• Volatility(VIX) 17.4 -.17%
• DJIA Intraday % Swing 1.88% +30.3%

• CBOE S&P 500 3M Implied Correlation Index 25.5 -4.0%

• G7 Currency Volatility (VXY) 8.07 +.25%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.82 +2.9%

• Smart Money Flow Index 11,791.48 +.42%
• NAAIM Exposure Index  36.2 -6.8
  

• ICI Money Mkt Mutual Fund Assets $5.708 Trillion +1.1%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$1.065 Million

• AAII % Bulls 30.1 +8.3%

• AAII % Bears 41.6 +1.7%

Futures Spot Prices

• CRB Index 274.6 -3.5%

• Crude Oil 82.8/bbl. -9.2%

• Reformulated Gasoline 219.31 -8.4%

• Natural Gas 3.33 +13.5%
• Dutch TTF Nat Gas(European benchmark) 38.2 euros/megawatt-hour -10.1%
  

• Heating Oil 289.45 -13.8% 
• Newcastle Coal 138.9 (1,000/metric ton) -13.0%
  

• Gold 1,833.8 -.88%
• Silver 21.61 -2.7%
  

• S&P GSCI Industrial Metals Index 400.2 -4.8%

• Copper 363.55 -2.7%

• US No. 1 Heavy Melt Scrap Steel 369.0 USD/Metric Tonne -1.6%

• China Iron Ore Spot 115.5 USD/Metric Tonne -2.6%

• CME Lumber  490.0 -2.6%

• UBS-Bloomberg Agriculture 1,562.5 +.71%
• US Gulf NOLA Potash Spot 347.5 USD/Short Ton +1.5%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +4.86% -6.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 24.3% +.9 percentage point
  

• NY Fed Real-Time Weekly Economic Index 1.83 +12.9%

• US Economic Policy Uncertainty Index 38.3 -66.5%
• S&P 500 Current Quarter EPS Growth Rate YoY(20 of 500 reporting) +3.4% +1.9 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 240.01 +.51:  Growth Rate +9.2% +.2 percentage point, P/E 17.7 -.3
  
• S&P 500 Current Year Estimated Profit Margin 12.20% +6.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 265.33 +1.42: Growth Rate +60.0% +.8 percentage point, P/E 28.1 +.3
  

• Citi US Economic Surprise Index 59.7 +14.6 points

• Citi Eurozone Economic Surprise Index -43.3 +10.7 points

• Citi Emerging Markets Economic Surprise Index 15.5 +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%, 70.7%(-9.2 percentage points) chance of no change, 29.3%(+9.2 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 11/1
  

• US Dollar Index 106.08 -.06%

• MSCI Emerging Markets Currency Index 1,661.1 -.47%
  

• Bitcoin/USD 27,944.2 +3.1%

• Euro/Yen Carry Return Index 168.5 +.31%
  

• Yield Curve(2s/10s) -31.25 +17.25 basis points
  

• 10-Year US Treasury Yield 4.77% +21.0 basis points
  

• Federal Reserve's Balance Sheet $7.920 Trillion -.58% 
• Federal Reserve's Discount Window Usage $3.491 Billion +7.4%
  

• U.S. Sovereign Debt Credit Default Swap 44.88 -5.7%
  

• Illinois Municipal Debt Credit Default Swap 205.78 +.66%
  

• Italian/German 10Y Yld Spread 203.0 +9.0 basis points
  
• UK Sovereign Debt Credit Default Swap 32.01 +6.4%
  

• China Sovereign Debt Credit Default Swap 89.15 +7.9%
  

• Brazil Sovereign Debt Credit Default Swap 193.74 +3.2%
  

• Israel Sovereign Debt Credit Default Swap 59.08 +6.1%

• South Korea Sovereign Debt Credit Default Swap 39.2 +13.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.7 -.4%
• China High-Yield Real Estate Total Return Index 75.2 -1.9%
  

• 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% unch.: CPI YoY +3.69% unch.
  
• 10-Year TIPS Spread 2.31% -3.0 basis points
  

• TED Spread 16.75 -4.25 basis points
  
• 2-Year SOFR Swap Spread -9.5 -2.0 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -28.25 +7.25 basis points

• N. America Investment Grade Credit Default Swap Index 76.04 +3.7%
  

• America Energy Sector High-Yield Credit Default Swap Index 208.0 +12.7% 
• Bloomberg TRACE # Distressed Bonds Traded 383.0 +41.0
  

• European Financial Sector Credit Default Swap Index 100.29 +9.8%
• Deutsche Bank Subordinated 5Y Credit Default Swap 328.70 +8.6%

• Emerging Markets Credit Default Swap Index 233.39 +4.3%
  

• MBS 5/10 Treasury Spread 177.0 +5.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 910.0 +3.0 basis points
• Avg. Auto ABS OAS .84 +5.0 basis points
  

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

• Commercial Paper Outstanding 1,201.7 +.6%

• 4-Week Moving Average of Jobless Claims 208,750 -1.2%
  

• Continuing Claims Unemployment Rate 1.1% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.7 -1.5%
  

• Average 30-Year Fixed Home Mortgage Rate 7.86% +9.0 basis points
  

• Weekly Mortgage Applications 178,200 -6.0%

• Weekly Retail Sales +3.9% -10.0 basis points
  
• OpenTable US Seated Diners % Change YoY -2.0% +3.0 percentage points
  
• Box Office Weekly Gross $83.7M +4.0%
  

• Nationwide Gas $3.75/gallon -.08/gallon

• Baltic Dry Index 1,827.0 +7.4%

• China (Export) Containerized Freight Index 851.96 n/a

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 22.5 -18.2%
• Truckstop.com Market Demand Index 40.6 n/a

• Rail Freight Carloads 264,166 +2.2%
• TSA Total Traveler Throughput 2,863,860 +25.4%
  

Best Performing Style

• Large-Cap Growth +1.9%
  

Worst Performing Style

• Small-Cap Value -2.4%

Leading Sectors

• Disk Drives +3.4%

• Software +2.8%
• Healthcare Providers +1.6%
  

• Semis +1.1%
  

• Computer Services +1.1%
  

Lagging Sectors

• Electric Vehicles -4.0%
  

• Energy -4.8%
  

• Foods -4.9%

• Oil Service -5.1%
  

• Alt Energy -7.1%
  

Weekly High-Volume Stock Gainers (37)

• CYTK, OSTK, ODD, PXD, PDD, BILL, CYBR, ZS, CRWD, MGM, CRK, NTNX, AR, RRC, PETQ, WYNN, MKTX, CNK, PLTR, NUVL, CRDO, VERX, SPHR, VKTX, NEM, PINS, NABL, IDXX, DAVA, MMYT, QLYS, AMD, KMPR, VMC, MLM and LLY
  

Weekly High-Volume Stock Losers (9)

• MDLZ, CCK, DCPH, BIPC, CHD, DPZ, WING, PHG and AEHR
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change