Weekly Scoreboard*

S&P 500 4,327.8 +.45%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,670.3 +.79%

• NASDAQ 13,407.2 -.18%

• Russell 2000 1,719.71 -1.5%

• NYSE FANG+ 7,584.3 -.6% 
• Roundhill Meme Stock ETF 30.62 -2.8%
  

• Goldman 50 Most Shorted 125.8 -3.8%

• Wilshire 5000 42,973.3 +1.44%

• Russell 1000 Growth 2,740.89 +.28%

• Russell 1000 Value 1,480.22 +.43%

• S&P 500 Consumer Staples 705.78 +.18%

• MSCI Cyclicals-Defensives Spread 1,271.97 +.98%
  

• NYSE Technology 3,680.3 +2.2%

• Transports 14,699.4 -.73%

• Utilities 824.56 +3.1%

• Bloomberg European Bank/Financial Services 86.27 +.13%
  

• MSCI Emerging Markets 38.0 +.19%

• Credit Suisse AllHedge Long/Short Equity Index 190.70 -.15%

• Credit Suisse AllHedge Equity Market Neutral Index 103.79 +.71%

Sentiment/Internals

• NYSE Cumulative A/D Line 452,130 +.39%
• Nasdaq/NYSE Volume Ratio 8.0 +6.7%

• Bloomberg New Highs-Lows Index -512 +178
  

• Crude Oil Commercial Bullish % Net Position -39.7 +1.2%

• CFTC Oil Net Speculative Position 449,560 -.14%

• CFTC Oil Total Open Interest 1,787,495 +2.1%

• Total Put/Call 1.05 +6.1%

• OEX Put/Call 1.76 +16.2%

• ISE Sentiment 119.0 +20.0 points
  

• NYSE Arms .83 -9.4%
  
• Bloomberg Global Risk-On/Risk-Off Index 69.1 -3.8%
• Bloomberg US Financial Conditions Index -.02 -15.0 basis points
  
• Bloomberg European Financial Conditions Index -.07 +6.0 basis points
  

• Volatility(VIX) 19.3 +9.3%
• DJIA Intraday % Swing 1.21% -50.0%

• CBOE S&P 500 3M Implied Correlation Index 26.4+1.1%

• G7 Currency Volatility (VXY) 8.1 +.1%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.5 -3.5%

• Smart Money Flow Index 12,401.9 +5.2%
• NAAIM Exposure Index  45.8 +9.6
  

• ICI Money Mkt Mutual Fund Assets $5.706 Trillion -.03%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$1.549 Million

• AAII % Bulls 40.0 +32.9%

• AAII % Bears 36.5 -12.3%

Futures Spot Prices

• CRB Index 283.97 +3.4%

• Crude Oil 87.6/bbl. +5.7%

• Reformulated Gasoline 226.0 +3.11%

• Natural Gas 3.22 -3.5%
• Dutch TTF Nat Gas(European benchmark) 53.98 euros/megawatt-hour +42.1%
  

• Heating Oil 320.80 +10.4% 
• Newcastle Coal 147.5 (1,000/metric ton) +6.2%
  

• Gold 1,928.2 +5.2%
• Silver 22.69 +5.1%
  

• S&P GSCI Industrial Metals Index 400.8 -1.0%

• Copper 357.14 -1.7%

• US No. 1 Heavy Melt Scrap Steel 367.0 USD/Metric Tonne -.54%

• China Iron Ore Spot 114.5 USD/Metric Tonne +1.7%

• CME Lumber  503.5 +2.0%

• UBS-Bloomberg Agriculture 1,580.7 +1.15%
• US Gulf NOLA Potash Spot 347.5 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +5.15% +29.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 25.2% +.9 percentage point
  

• NY Fed Real-Time Weekly Economic Index 2.14 +28.1%

• US Economic Policy Uncertainty Index 257.29 +183.3%
• S&P 500 Current Quarter EPS Growth Rate YoY(32 of 500 reporting) +14.3% +10.9 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 239.98 -.03:  Growth Rate +9.2% unch., P/E 18.1 +.4
  
• S&P 500 Current Year Estimated Profit Margin 12.18% -2.0 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 267.10 +1.77: Growth Rate +57.6% -2.4 percentage points, P/E 28.5 +.4
  

• Citi US Economic Surprise Index 51.2 -8.5 points

• Citi Eurozone Economic Surprise Index -42.5 +.8 point

• Citi Emerging Markets Economic Surprise Index 18.4 +2.9 points

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 89.1%(+16.2 percentage points) chance of no change, 10.9%(-16.2 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 11/1
  

• US Dollar Index 106.65 +.5%

• MSCI Emerging Markets Currency Index 1,671.1 +.59%
  

• Bitcoin/USD 26,746.2 -4.1%

• Euro/Yen Carry Return Index 167.4 -.51%
  

• Yield Curve(2s/10s) -43.0 -11.75 basis points
  

• 10-Year US Treasury Yield 4.62% -15.0 basis points
  

• Federal Reserve's Balance Sheet $7.916 Trillion -.04% 
• Federal Reserve's Discount Window Usage $2.626 Billion -24.8%
  

• U.S. Sovereign Debt Credit Default Swap 47.3 +5.3%
  

• Illinois Municipal Debt Credit Default Swap 207.60 +1.49%
  

• Italian/German 10Y Yld Spread 204.0 +1.0 basis point
  
• UK Sovereign Debt Credit Default Swap 31.88 -.42%
  

• China Sovereign Debt Credit Default Swap 82.86 -6.6%
  

• Brazil Sovereign Debt Credit Default Swap 184.96 -3.9%
  

• Israel Sovereign Debt Credit Default Swap 123.68 +109.3%

• South Korea Sovereign Debt Credit Default Swap 37.69 -2.1%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.8 +.51%
• China High-Yield Real Estate Total Return Index 73.9 -1.7%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.0% +10.0 basis points
  
• Zillow US All Homes Rent Index YoY +3.2% -10.0 basis points
  
• US Urban Consumers Food CPI YoY +3.7% -60.0 basis points
  
• CPI Core Services Ex-Shelter YoY +3.7% -40.0 basis points
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.70% -3.0 basis points: CPI YoY +3.42% -27.0 basis points
  
• 10-Year TIPS Spread 2.34% +3.0 basis points
  

• TED Spread 17.5 +.75 basis point
  
• 2-Year SOFR Swap Spread -11.0 -1.5 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -28.25 unch.
  

• N. America Investment Grade Credit Default Swap Index 76.72 +.8%
  

• America Energy Sector High-Yield Credit Default Swap Index 195.0 -4.8% 
• Bloomberg TRACE # Distressed Bonds Traded 356.0 -27.0
  

• European Financial Sector Credit Default Swap Index 96.91 -3.4%
• Deutsche Bank Subordinated 5Y Credit Default Swap 300.95 -8.4%

• Emerging Markets Credit Default Swap Index 236.81 +1.6%
  

• MBS 5/10 Treasury Spread 185.0 +8.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 912.0 +2.0 basis points
• Avg. Auto ABS OAS .85 +1.0 basis point
  

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

• Commercial Paper Outstanding 1,209.6 +.7%

• 4-Week Moving Average of Jobless Claims 209,250 +.2%
  

• Continuing Claims Unemployment Rate 1.1% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.1 +.8%
  

• Average 30-Year Fixed Home Mortgage Rate 7.80% -6.0 basis points
  

• Weekly Mortgage Applications 179,300 +.62%

• Weekly Retail Sales +4.0% +10.0 basis points
  
• OpenTable US Seated Diners % Change YoY -5.0% -3.0 percentage points
  
• Box Office Weekly Gross $107.5M +28.4%
  

• Nationwide Gas $3.63/gallon -.12/gallon

• Baltic Dry Index 1,935.0 +.31%

• China (Export) Containerized Freight Index 819.97 -3.75%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 +22.2%
• Truckstop.com Market Demand Index 42.9 -3.3%

• Rail Freight Carloads 265,449 +.49%
• TSA Total Traveler Throughput 2,695,875 +21.0%
  

Best Performing Style

• Large-Cap Value +.4%
  

Worst Performing Style

• Small-Cap Growth -2.3%

Leading Sectors

• Gold & Silver +7.1%

• Oil Service +7.1%
• Energy +6.3%
  

• Defense +5.0%
  

• Telecom +3.1%
  

Lagging Sectors

• I-Banking -1.8%
  

• AI/Robotics -1.8%
  

• Digital Health -3.3%

• Airlines -4.3%
  

• Medical Equipment -5.2%
  

Weekly High-Volume Stock Gainers (10)

• RVMD, VSAT, DG, PGR, CHEF, AVAV, DRS, OFIX, PXD and WFC
  

Weekly High-Volume Stock Losers (19)

• PNC, GPRE, EVRI, AMLX, HRL, BIP, PERI, MEOH, NVT, MBLY, INMD, IDYA, STRL, WCC, SAVA, TARS, BDC, HRMY and SGH
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change