Weekly Scoreboard*

S&P 500 4,235.3 -2.1%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,139.6 -1.5%

• NASDAQ 12,999.3 -2.9%

• Russell 2000 1,686.71 -1.8%

• NYSE FANG+ 7,362.7 -2.9% 
• Roundhill Meme Stock ETF 29.30 -4.3%
  

• Goldman 50 Most Shorted 119.7 -4.6%

• Wilshire 5000 41,967.4 -2.2%

• Russell 1000 Growth 2,667.8 -2.6%

• Russell 1000 Value 1,455.91 -1.6%

• S&P 500 Consumer Staples 711.08 +.94%

• MSCI Cyclicals-Defensives Spread 1,231.64 -1.6%
  

• NYSE Technology 3,525.28 -3.2%

• Transports 14,462.7 -1.5%

• Utilities 809.8 -1.6%

• Bloomberg European Bank/Financial Services 83.0 -3.8%
  

• MSCI Emerging Markets 37.0 -2.7%

• Credit Suisse AllHedge Long/Short Equity Index 188.5 -1.2%

• Credit Suisse AllHedge Equity Market Neutral Index 103.96 +.16%

Sentiment/Internals

• NYSE Cumulative A/D Line 448,672 -.76%
• Nasdaq/NYSE Volume Ratio 6.7 -16.2%

• Bloomberg New Highs-Lows Index -1,073 -561
  

• Crude Oil Commercial Bullish % Net Position -37.5 +5.3%

• CFTC Oil Net Speculative Position 321,974 -7.9%

• CFTC Oil Total Open Interest 1,753,314 -1.9%

• Total Put/Call 1.04 -1.9%

• OEX Put/Call 1.60 -5.1%

• ISE Sentiment 93.0 -26.0 points
  

• NYSE Arms 1.18 +41.0%
  
• Bloomberg Global Risk-On/Risk-Off Index 66.3 -4.1%
• Bloomberg US Financial Conditions Index -.22 -20.0 basis points
  
• Bloomberg European Financial Conditions Index -.26 -19.0 basis points
  

• Volatility(VIX) 21.1 +9.4%
• DJIA Intraday % Swing .71% -45.0%

• CBOE S&P 500 3M Implied Correlation Index 31.3+15.6%

• G7 Currency Volatility (VXY) 8.2 +1.7%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.4 -1.2%

• Smart Money Flow Index 12,075.8 -2.6%
• NAAIM Exposure Index  66.7 +20.9
  

• ICI Money Mkt Mutual Fund Assets $5.608 Trillion -1.7%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$8.179 Million

• AAII % Bulls 34.1 -14.8%

• AAII % Bears 34.6 -5.2%

Futures Spot Prices

• CRB Index 286.01 +1.2%

• Crude Oil 88.8/bbl. +1.2%

• Reformulated Gasoline 237.0 +4.7%

• Natural Gas 2.91 -9.1%
• Dutch TTF Nat Gas(European benchmark) 51.11 euros/megawatt-hour -7.5%
  

• Heating Oil 316.34 -1.6% 
• Newcastle Coal 142.0 (1,000/metric ton) -3.4%
  

• Gold 1,981.10 +2.4%
• Silver 23.37 +2.8%
  

• S&P GSCI Industrial Metals Index 399.69 +.08%

• Copper 355.65 -.4%

• US No. 1 Heavy Melt Scrap Steel 367.0 USD/Metric Tonne -1.1%

• China Iron Ore Spot 113.2 USD/Metric Tonne -3.5%

• CME Lumber  489.5 -3.0%

• UBS-Bloomberg Agriculture 1,593.6 +.93%
• US Gulf NOLA Potash Spot 347.5 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +5.41% +26.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 24.6% -.6 percentage point
  

• NY Fed Real-Time Weekly Economic Index 2.27 +14.1%

• US Economic Policy Uncertainty Index 351.63 +393.0%
• S&P 500 Current Quarter EPS Growth Rate YoY(86 of 500 reporting) +2.2% -12.1 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 240.28 +.30:  Growth Rate +9.3% +.1 percentage point, P/E 17.8 -.3
  
• S&P 500 Current Year Estimated Profit Margin 12.11% -7.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(2 of 10 reporting) -20.9%
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 267.31 +.21: Growth Rate +57.7% +.1 percentage point, P/E 27.5 -1.0
  

• Citi US Economic Surprise Index 52.9 +1.7 points

• Citi Eurozone Economic Surprise Index -32.4 +10.1 points

• Citi Emerging Markets Economic Surprise Index 23.0 +4.6 points

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 96.2%(+2.4 percentage points) chance of no change, 0.0%(-6.2 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 11/1
  

• US Dollar Index 106.2 -.5%

• MSCI Emerging Markets Currency Index 1,665.18 -.15%
  

• Bitcoin/USD 29,514.3 +8.5%

• Euro/Yen Carry Return Index 169.16 +1.0%
  

• Yield Curve(2s/10s) -16.75 +26.5 basis points
  

• 10-Year US Treasury Yield 4.92% +30.0 basis points
  

• Federal Reserve's Balance Sheet $7.898 Trillion -.24% 
• Federal Reserve's Discount Window Usage $2.720 Billion +3.6%
  

• U.S. Sovereign Debt Credit Default Swap 52.o4 +10.1%
  

• Illinois Municipal Debt Credit Default Swap 207.05 -.02%
  

• Italian/German 10Y Yld Spread 204.0 unch.
  
• UK Sovereign Debt Credit Default Swap 33.18 +4.1%
  

• China Sovereign Debt Credit Default Swap 85.94 +3.3%
  

• Brazil Sovereign Debt Credit Default Swap 192.5 +4.1%
  

• Israel Sovereign Debt Credit Default Swap 137.02 +10.8%

• South Korea Sovereign Debt Credit Default Swap 43.4 +11.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.69 -.32%
• China High-Yield Real Estate Total Return Index 70.2 -5.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.0% unch.
  
• Zillow US All Homes Rent Index YoY +3.2% unch.
  
• US Urban Consumers Food CPI YoY +3.7% unch.
  
• CPI Core Services Ex-Shelter YoY +3.7% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.70% unch.: CPI YoY +3.36% -4.0 basis points
  
• 10-Year TIPS Spread 2.47% +13.0 basis points
  

• TED Spread 21.5 +4.0 basis points
  
• 2-Year SOFR Swap Spread -12.25 -1.25 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -27.0 +1.25 basis points
  

• N. America Investment Grade Credit Default Swap Index 80.8 +5.6%
  

• America Energy Sector High-Yield Credit Default Swap Index 197.0 +1.3% 
• Bloomberg TRACE # Distressed Bonds Traded 351.0 -5.0
  

• European Financial Sector Credit Default Swap Index 102.77 +5.8%
• Deutsche Bank Subordinated 5Y Credit Default Swap 308.94 +2.7%

• Emerging Markets Credit Default Swap Index 244.2 +2.9%
  

• MBS 5/10 Treasury Spread 188.0 +3.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 905.0 -7.0 basis points
• Avg. Auto ABS OAS .87 +2.0 basis points
  

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

• Commercial Paper Outstanding 1,216.1 +.5%

• 4-Week Moving Average of Jobless Claims 205,750 -.48%
  

• Continuing Claims Unemployment Rate 1.2% +10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.8 -.5%
  

• Average 30-Year Fixed Home Mortgage Rate 8.03% +23.0 basis points
  

• Weekly Mortgage Applications 166,900 -6.9%

• Weekly Retail Sales +4.3% +30.0 basis points
  
• OpenTable US Seated Diners % Change YoY -5.0% unch.
  
• Box Office Weekly Gross $124.0M +15.4%
  

• Nationwide Gas $3.56/gallon -.07/gallon

• Baltic Dry Index 2,071.0 +6.5%

• China (Export) Containerized Freight Index 817.20 -.34%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 unch.
• Truckstop.com Market Demand Index 39.4 -8.1%

• Rail Freight Carloads 267,376 +.73%
• TSA Total Traveler Throughput 2,684,362 +20.6%
  

Best Performing Style

• Large-Cap Value +1.5%
  

Worst Performing Style

• Large-Cap Growth -2.6%

Leading Sectors

• Restaurants +3.7%

• Gold & Silver +2.2%
• Medical Equipment +2.2%
  

• Retail +1.3%
  

• Energy +1.1%
  

Lagging Sectors

• Airlines -4.1%
  

• Computer Hardware -4.4%
  

• AI/Robotics -4.7%

• Disk Drives -5.0%
  

• Alt Energy -9.0%
  

Weekly High-Volume Stock Gainers (3)

• KNX, EEFT and SUM
  

Weekly High-Volume Stock Losers (15)

• DAR, ASB, ASGN, HRMY, AXP, FITB, BANC, ORCL, HPE, ZION, CMA, WAL and ENPH
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change