Weekly Scoreboard*

S&P 500 4,109.5 -2.6%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 32,417.6 -2.3%

• NASDAQ 12,643.0 -2.9%

• Russell 2000 1,634.3 -2.6%

• NYSE FANG+ 7,134.3 -2.5% 
• Roundhill Meme Stock ETF 28.8 -1.2%
  

• Goldman 50 Most Shorted 117.6 -1.8%

• Wilshire 5000 40,847.4 -2.9%

• Russell 1000 Growth 2,584.04 -2.8%

• Russell 1000 Value 1,412.7 -2.6%

• S&P 500 Consumer Staples 703.8 -1.15%

• MSCI Cyclicals-Defensives Spread 1,216.19 -.93%
  

• NYSE Technology 3,428.60 -2.2%

• Transports 13,524.7 -6.5%

• Utilities 812.40 +.55%

• Bloomberg European Bank/Financial Services 81.2 -2.3%
  

• MSCI Emerging Markets 36.63 -.95%

• Credit Suisse AllHedge Long/Short Equity Index 188.77 +.15%

• Credit Suisse AllHedge Equity Market Neutral Index 104.49 +.51%

Sentiment/Internals

• NYSE Cumulative A/D Line 444,643 -.90%
• Nasdaq/NYSE Volume Ratio 6.7 unch.

• Bloomberg New Highs-Lows Index -1,197 -124
  

• Crude Oil Commercial Bullish % Net Position -37.3 +.7%

• CFTC Oil Net Speculative Position 306,388 -4.8%

• CFTC Oil Total Open Interest 1,654,168 -5.7%

• Total Put/Call 1.20 +13.1%

• OEX Put/Call .97 -22.7%

• ISE Sentiment 78.0 -15.0 points
  

• NYSE Arms 1.21 -12.9%
  
• Bloomberg Global Risk-On/Risk-Off Index 62.0 -6.5%
• Bloomberg US Financial Conditions Index -.30 -8.0 basis points
  
• Bloomberg European Financial Conditions Index -.11 +15.0 basis points
  

• Volatility(VIX) 21.2 +.2%
• DJIA Intraday % Swing 1.23% -21.7%

• CBOE S&P 500 3M Implied Correlation Index 34.3 +7.8%

• G7 Currency Volatility (VXY) 7.8 -4.6%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.3 -1.9%

• Smart Money Flow Index 11,431.7 -5.3%
• NAAIM Exposure Index  24.8 -41.9
  

• ICI Money Mkt Mutual Fund Assets $5.633 Trillion +.44%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$3.390 Million

• AAII % Bulls 29.3 -14.1%

• AAII % Bears 43.2 +24.9%

Futures Spot Prices

• CRB Index 285.10 -1.57%

• Crude Oil 85.05/bbl. -3.8%

• Reformulated Gasoline 231.09 -2.7%

• Natural Gas 3.16 +8.1%
• Dutch TTF Nat Gas(European benchmark) 50.5 euros/megawatt-hour +.3%
  

• Heating Oil 303.9 -3.4% 
• Newcastle Coal 134.9 (1,000/metric ton) -5.0%
  

• Gold 2,007.60 +1.27%
• Silver 25.10 -1.4%
  

• S&P GSCI Industrial Metals Index 399.61 +.15%

• Copper 364.2 +2.5%

• US No. 1 Heavy Melt Scrap Steel 360.0 USD/Metric Tonne -.8%

• China Iron Ore Spot 119.15 USD/Metric Tonne +5.5%

• CME Lumber  491.5 +.82%

• UBS-Bloomberg Agriculture 1,590.21 -.26%
• US Gulf NOLA Potash Spot 347.5 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 3Q Forecast +2.26% n/a
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 24.2% -.4 percentage point
  

• NY Fed Real-Time Weekly Economic Index 2.36 +22.9%

• US Economic Policy Uncertainty Index 21.8 -72.1%
• S&P 500 Current Quarter EPS Growth Rate YoY(246 of 500 reporting) +5.8% +3.6 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 240.15 -.13:  Growth Rate +9.2% -.1 percentage point, P/E 17.2 -.6
  
• S&P 500 Current Year Estimated Profit Margin 12.11% unch.
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(6 of 10 reporting) +51.9% +72.8 percentage points
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 269.87 +2.56: Growth Rate +59.2% +1.5 percentage points, P/E 26.2 -1.3
  

• Citi US Economic Surprise Index 63.7 -10.8 points

• Citi Eurozone Economic Surprise Index -44.1 +11.7 points

• Citi Emerging Markets Economic Surprise Index 26.4 +3.4 points

• Fed Fund Futures imply .5%(+.4 percentage point) chance of -25.0 basis point cut to 5.0-5.25%, 99.5%(-.4 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 11/1
  

• US Dollar Index 106.6 +.4%

• MSCI Emerging Markets Currency Index 1,667.36 +.01%
  

• Bitcoin/USD 33,608.8 +12.2%

• Euro/Yen Carry Return Index 168.5 -.44%
  

• Yield Curve(2s/10s) -16.75 unch.
  

• 10-Year US Treasury Yield 4.85% -7.0 basis points
  

• Federal Reserve's Balance Sheet $7.872 Trillion -.32% 
• Federal Reserve's Discount Window Usage $2.890 Billion +6.3%
  

• U.S. Sovereign Debt Credit Default Swap 51.9 -.26%
  

• Illinois Municipal Debt Credit Default Swap 218.48 +5.8%
  

• Italian/German 10Y Yld Spread 197.0 -7.0 basis points
  
• UK Sovereign Debt Credit Default Swap 32.35 -2.5%
  

• China Sovereign Debt Credit Default Swap 83.48 -3.1%
  

• Brazil Sovereign Debt Credit Default Swap 187.98 -2.4%
  

• Israel Sovereign Debt Credit Default Swap 144.17 +5.2%

• South Korea Sovereign Debt Credit Default Swap 42.81 -.26%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.74 +.41%
• China High-Yield Real Estate Total Return Index 69.09 -.7%
  

• 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 +3.63% -7.0 basis  points: CPI YoY +3.32% -4.0 basis points
  
• 10-Year TIPS Spread 2.43% -4.0 basis points
  

• TED Spread 20.0 -1.5 basis points
  
• 2-Year SOFR Swap Spread -11.5 +.75 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -25.5 +1.5 basis points
  

• N. America Investment Grade Credit Default Swap Index 82.1 +.81%
  

• America Energy Sector High-Yield Credit Default Swap Index 194.0 -1.3% 
• Bloomberg TRACE # Distressed Bonds Traded 346.0 -5.0
  

• European Financial Sector Credit Default Swap Index 101.27 -1.5%
• Deutsche Bank Subordinated 5Y Credit Default Swap 293.66 -4.9%

• Emerging Markets Credit Default Swap Index 239.26 -1.9%
  

• MBS 5/10 Treasury Spread 187.0 -1.0 basis point
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 926.0 +21.0 basis points
• Avg. Auto ABS OAS .93 +6.0 basis points
  

• M2 Money Supply YoY % Change -3.6% +.1 percentage point
  

• Commercial Paper Outstanding 1,210.4 -.5%

• 4-Week Moving Average of Jobless Claims 207,500 +.6%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.3 +1.0%
  

• Average 30-Year Fixed Home Mortgage Rate 8.04% +1.0 basis point
  

• Weekly Mortgage Applications 165,200 -1.0%

• Weekly Retail Sales +4.5% +20.0 basis points
  
• OpenTable US Seated Diners % Change YoY -4.0% +1.0 percentage point
  
• Box Office Weekly Gross $132.1M +6.5%
  

• Nationwide Gas $3.52/gallon -.04/gallon

• Baltic Dry Index 1,662.0 -18.8%

• China (Export) Containerized Freight Index 811.50 -.70%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 -7.7%
• Truckstop.com Market Demand Index 38.7 -1.7%

• Rail Freight Carloads 271,092 +1.4%
• TSA Total Traveler Throughput 2,619,848 +21.2%
  

Best Performing Style

• Mid-Cap Value -2.3%
  

Worst Performing Style

• Mid-Cap Growth -3.4%

Leading Sectors

• Education +5.5%

• Steel +3.8%
• Shipping +1.5%
  

• Foods +.8%
  

• Utilities +.6%
  

Lagging Sectors

• Internet -4.1%
  

• Energy -5.3%
  

• Oil Service -6.3%

• Alt Energy -6.3%
  

• Road & Rail -6.3%
  

Weekly High-Volume Stock Gainers (21)

• DECK, ATGE, CUBI, ARCB, PMT, FIX, SKYW, DXCM, COF, INTC, BJRI, SWK, MMSI, AMZN, JNPR, PFSI, CMG, TBBK, NEM, TXRH and DAR
  

Weekly High-Volume Stock Losers (43)

• DEO, BIPC, MAA, BMO, ABR, GM, SQ, LEA, XPO, AON, VRE, WHR, BIP, PK, HAS, CPT, UDR, HES, ABBV, CVX, TROX, SEDG, GNTX, VRSN, HTLD, AVTR, OLN, LBRDK, SAIA, CHTR, PEB, AX, CPRX, F, EXPO, ENPH, ACMR, SNY, GTLS, PTCT and B
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change