Weekly Scoreboard*

S&P 500 4,594.6 +.8%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 36,245.5 +2.4%

• NASDAQ 14,305.0 +.4%

• Russell 2000 1,862.6 +3.1%

• NYSE FANG+ 8,210.7 -.9% 
• Roundhill Meme Stock ETF 36.94 +11.9%
  

• Goldman 50 Most Shorted 141.3 +8.1%

• Wilshire 5000 45,805.2 +1.2%

• Russell 1000 Growth 2,935.5 +.34%

• Russell 1000 Value 1,564.49 +1.9%

• S&P 500 Consumer Staples 747.05 +.55%

• MSCI Cyclicals-Defensives Spread 1,326.88 +.34%
  

• NYSE Technology 4,086.1 +1.6%

• Transports 15,463.7 +2.5%

• Utilities 876.01 +1.2%

• Bloomberg European Bank/Financial Services 88.72 +1.9%
  

• MSCI Emerging Markets 39.65 +.47%

• Credit Suisse AllHedge Long/Short Equity Index 188.72 +.70%

• Credit Suisse AllHedge Equity Market Neutral Index 106.73 -.05%

Sentiment/Internals

• NYSE Cumulative A/D Line 461,644 +.86%
• Nasdaq/NYSE Volume Ratio 5.2-20.5%

• Bloomberg New Highs-Lows Index 140 +221
  

• Crude Oil Commercial Bullish % Net Position -28.7 +16.6%

• CFTC Oil Net Speculative Position 207,324 -3.9%

• CFTC Oil Total Open Interest 1,553,677 -5.2%

• Total Put/Call .84 -25.0%

• OEX Put/Call .94 -37.3%

• ISE Sentiment 127.0 +1.0 point
  

• NYSE Arms .88 +2.33%
  
• Bloomberg Global Risk-On/Risk-Off Index 60.8 -9.8%
• Bloomberg US Financial Conditions Index .52 +9.0 basis points
  
• Bloomberg European Financial Conditions Index .23 -15.0 basis points
  

• Volatility(VIX) 12.6 +1.4%
• DJIA Intraday % Swing .84% +196.9%

• CBOE S&P 500 3M Implied Correlation Index 21.1 +9.8%

• G7 Currency Volatility (VXY) 7.51 +4.6%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.83 +1.7%

• Smart Money Flow Index 13,275.3 +.48%
• NAAIM Exposure Index  81.4 +3.4
  

• ICI Money Mkt Mutual Fund Assets $5.836 Trillion +1.3%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$7.573 Million

• AAII % Bulls 48.8 +7.7%

• AAII % Bears 19.6 -17.0%

Futures Spot Prices

• CRB Index 270.77 -.45%

• Crude Oil 74.07/bbl. -1.5%

• Reformulated Gasoline 212.11 -.63%

• Natural Gas 2.81 -1.8%
• Dutch TTF Nat Gas(European benchmark) 43.5 euros/megawatt-hour -5.0%
  

• Heating Oil 266.15 -5.7% 
• Newcastle Coal 135.5 (1,000/metric ton) +5.9%
  

• Gold 2,072.22 +3.6%
• Silver 25.5 +4.8%
  

• S&P GSCI Industrial Metals Index 406.9 -.4%

• Copper 393.15 +3.7%

• US No. 1 Heavy Melt Scrap Steel 383.0 USD/Metric Tonne -.52%

• China Iron Ore Spot 130.9 USD/Metric Tonne -.53%

• CME Lumber  525.5 -4.8%

• UBS-Bloomberg Agriculture 1,576.75 -.15%
• US Gulf NOLA Potash Spot 322.50 USD/Short Ton -3.0%
  

Economy

• Atlanta Fed GDPNow 4Q Forecast +1.19% -.91 percentage point
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 28.4% +3.5 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.12 +15.9%

• US Economic Policy Uncertainty Index 94.2 +129.2%
• S&P 500 Current Quarter EPS Growth Rate YoY(491 of 500 reporting) +4.5% n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 242.07 n/a:  Growth Rate +9.3% n/a, P/E 18.9 n/a
  
• S&P 500 Current Year Estimated Profit Margin 12.13% -1.0 basis point
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(9 of 10 reporting) +50.6% n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 284.46 n/a: Growth Rate +33.4% n/a, P/E 30.0 n/a
  

• Citi US Economic Surprise Index 25.6 -5.6 points

• Citi Eurozone Economic Surprise Index -23.7 -.9 point

• Citi Emerging Markets Economic Surprise Index 25.8 +3.4 points

• Fed Fund Futures imply .00%(-0.0 percentage point) chance of -25.0 basis point cut to 5.0-5.25%, 97.3%(+1.8 percentage points) chance of no change, 2.7%(-1.8 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 12/13
  

• US Dollar Index 103.19 -.27%

• MSCI Emerging Markets Currency Index 1,717.50 +.46%
  

• Bitcoin/USD 38,779.3 +2.89%

• Euro/Yen Carry Return Index 171.14 -2.2%
  

• Yield Curve(2s/10s) -34.5 +14.0 basis points
  

• 10-Year US Treasury Yield 4.23% -24.0 basis points
  

• Federal Reserve's Balance Sheet $7.759 Trillion -.2% 
• Federal Reserve's Discount Window Usage $2.557 Billion +16.8%
  

• U.S. Sovereign Debt Credit Default Swap 47.0 -4.8%
  

• Illinois Municipal Debt Credit Default Swap 178.6 -3.4%
  

• Italian/German 10Y Yld Spread 174.0 -3.0 basis points
  
• UK Sovereign Debt Credit Default Swap 35.4 -.23%
  

• China Sovereign Debt Credit Default Swap 58.9 -1.6%
  

• Brazil Sovereign Debt Credit Default Swap 145.2 -2.0%
  

• Israel Sovereign Debt Credit Default Swap 114.6 -2.0%

• South Korea Sovereign Debt Credit Default Swap 28.3 -5.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 25.38 -.5%
• China High-Yield Real Estate Total Return Index 76.69 -4.0%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.9% unch.
  
• Zillow US All Homes Rent Index YoY +3.2% unch.
  
• US Urban Consumers Food CPI YoY +3.3% unch.
  
• CPI Core Services Ex-Shelter YoY +3.9% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.46% -9.0 basis points: CPI YoY +3.04% -6.0 basis points
  
• 10-Year TIPS Spread 2.23% -5.0 basis points
  

• TED Spread 25.75 +1.25 basis points
  
• 2-Year SOFR Swap Spread -18.25 +.5 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -12.0 +3.25 basis points
  

• N. America Investment Grade Credit Default Swap Index 61.3 -2.5%
  

• America Energy Sector High-Yield Credit Default Swap Index 167.0 -2.6% 
• Bloomberg TRACE # Distressed Bonds Traded 345.0 +17.0
  

• European Financial Sector Credit Default Swap Index 76.6 -2.9%
• Deutsche Bank Subordinated 5Y Credit Default Swap 233.81 -3.7%

• Emerging Markets Credit Default Swap Index 186.45 -1.9%
  

• MBS 5/10 Treasury Spread 152.0 -9.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 944.0 +6.0 basis points
• Avg. Auto ABS OAS .88 -4.0 basis points
  

• M2 Money Supply YoY % Change -3.3% +30.0 basis points
  

• Commercial Paper Outstanding 1,275.2 +1.7%

• 4-Week Moving Average of Jobless Claims 220,000 -.23%
  

• Continuing Claims Unemployment Rate 1.3% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 39.3 -21.1%
  

• Average 30-Year Fixed Home Mortgage Rate 7.57% -24.0 basis points
  

• Weekly Mortgage Applications 176,100 +.28%

• Weekly Retail Sales +3.90% +70.0 basis points
  
• OpenTable US Seated Diners % Change YoY n/a
  
• Box Office Weekly Gross $207.9M +80.70%
  

• Nationwide Gas $3.25/gallon -.01/gallon

• Baltic Dry Index 2,937.0 +39.7%

• China (Export) Containerized Freight Index 857.72 -2.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.50 unch.
• Truckstop.com Market Demand Index 23.8 -32.1%

• Rail Freight Carloads 219,384 -16.9%
• TSA Total Traveler Throughput 2,266,124 -13.0%
  

Best Performing Style

• Small-Cap Value +3.0%
  

Worst Performing Style

• Large-Cap Growth +.3%

Leading Sectors

• Gold & Silver +7.4%

• Regional Banks +6.7%
• REITs +4.6%
  

• Steel +4.6%
  

• Retail +4.3%
  

Lagging Sectors

• Foods -.4%
  

• Healthcare Providers -.5%
  

• Oil Service -.9%

• Gambling -1.1%
  

• Electric Vehicles -1.3%
  

Weekly High-Volume Stock Gainers (50)

• ESTC, PATH, IOT, AAOI, GCT, UPST, VNO, MARA, LYFT, APLS, BXP, BMEA, PARA, HCP, ZUMZ, ERO, ETRN, AFRM, RIOT, ARE, NVRO, ASO, CC, GTLB, METC, BANC, VAC, CRDO, CLF, DOMO, COIN, SATS, PRO, ABR, ERJ, CCU, ONB, GME, FCX, UMBF, MSTR, CNHI, FLT, WEN, BHP, FA, TCBI, CRM and SBLK
  

Weekly High-Volume Stock Losers (4)

• PFE, DELL, CWAN and MRVL
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change