Weekly Scoreboard*

S&P 500 4,713.6 +2.3%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 37,223.7 +2.6%

• NASDAQ 14,805.3 +2.8%

• Russell 2000 1,987.06 +5.3%

• NYSE FANG+ 8,614.2 +3.5% 
• Roundhill Meme Stock ETF 38.51 -1.1%
  

• Goldman 50 Most Shorted 158.9 +11.1%

• Wilshire 5000 47,155.4 +2.7%

• Russell 1000 Growth 3,019.7 +2.0%

• Russell 1000 Value 1,606.7 +3.0%

• S&P 500 Consumer Staples 749.14 +1.6%

• Bloomberg Cyclicals/Defensives Pair Index 141.7 +3.2%
  

• NYSE Technology 4,279.6 +4.0%

• Transports 16,011.3 +5.3%

• Utilities 876.3 +.7%

• Bloomberg European Bank/Financial Services 90.15 -.16%
  

• MSCI Emerging Markets 39.95 +2.4%

• Credit Suisse AllHedge Long/Short Equity Index 188.29 -.16%

• Credit Suisse AllHedge Equity Market Neutral Index 105.97 -.21%

Sentiment/Internals

• NYSE Cumulative A/D Line 471,207 +1.4%
• Nasdaq/NYSE Volume Ratio 5.4 -49.1%

• Bloomberg New Highs-Lows Index 1,863 +1,817
  

• Crude Oil Commercial Bullish % Net Position -23.3 +13.3%

• CFTC Oil Net Speculative Position 168,990 -7.7%

• CFTC Oil Total Open Interest 1,650,437 +5.54%

• Total Put/Call .83 -8.9%

• OEX Put/Call 1.22 +17.9%

• ISE Sentiment 145.0 +32.0 points
  

• NYSE Arms 1.68 +162.1%
  
• Bloomberg Global Risk-On/Risk-Off Index 57.4 -5.0%
• Bloomberg US Financial Conditions Index .67 +5.0 basis points
  
• Bloomberg European Financial Conditions Index .40 +8.0 basis points
  

• Volatility(VIX) 12.2 -.4%
• DJIA Intraday % Swing .65% +18.2%

• CBOE S&P 500 3M Implied Correlation Index 18.2 -10.2%

• G7 Currency Volatility (VXY) 8.23 +2.8%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.95 +.51%

• Smart Money Flow Index 14,483.6 +5.7%
• NAAIM Exposure Index  78.0 +2.9
  

• ICI Money Mkt Mutual Fund Assets $5.886 Trillion -.2%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$.683 Million

• AAII % Bulls 51.3 +8.5%

• AAII % Bears 19.3 -29.6%

Futures Spot Prices

• CRB Index 258.09 +.57%

• Crude Oil 71.49/bbl. +.28%

• Reformulated Gasoline 213.13 +3.7%

• Natural Gas 2.48 -3.0%
• Dutch TTF Nat Gas(European benchmark) 33.2 euros/megawatt-hour -14.6%
  

• Heating Oil 262.1 +1.4% 
• Newcastle Coal 144.0 (1,000/metric ton) -3.4%
  

• Gold 2,020.5 +.69%
• Silver 23.86 +3.6%
  

• S&P GSCI Industrial Metals Index 411.1 +2.5%

• Copper 388.2 +1.2%

• US No. 1 Heavy Melt Scrap Steel 424.0 USD/Metric Tonne -1.4%

• China Iron Ore Spot 131.9 USD/Metric Tonne -2.3%

• CME Lumber  542.5 +2.3%

• UBS-Bloomberg Agriculture 1,539.09 -.67%
• US Gulf NOLA Potash Spot 322.50 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 4Q Forecast +2.61% +136.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 32.3% +2.9 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.39 +13.3%

• US Economic Policy Uncertainty Index 75.3 -17.0%
• S&P 500 Current Quarter EPS Growth Rate YoY(6 of 500 reporting) +12.3% n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 242.33 -.02:  Growth Rate +11.3% +1.9 percentage points, P/E 19.5 +.6
  
• S&P 500 Current Year Estimated Profit Margin 12.07% -4.0 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 293.28 +7.48: Growth Rate +37.5% +3.5 percentage points, P/E 29.2 +.4
  

• Citi US Economic Surprise Index 13.8 -6.5 points

• Citi Eurozone Economic Surprise Index -41.8 -20.8 points

• Citi Emerging Markets Economic Surprise Index 20.1 -6.1 points

• Fed Fund Futures imply 14.5%(+10.5 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 85.5%(-7.7 percentage points) chance of no change, 0.0%(-2.8 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 1/31
  

• US Dollar Index 102.56 -1.4%

• MSCI Emerging Markets Currency Index 1,723.9 +.6%
  

• Bitcoin/USD 42,131.3 -3.8%

• Euro/Yen Carry Return Index 166.30 -.56%
  

• Yield Curve(2s/10s) -54.25 -6.25 basis points
  

• 10-Year US Treasury Yield 3.92% -32.0 basis points
  

• Federal Reserve's Balance Sheet $7.703 Trillion +.03% 
• Federal Reserve's Discount Window Usage $2.058 Billion -2.5%
• Federal Reserve's Bank Term Funding Program $123.76 Billion +1.7%
  

• U.S. Sovereign Debt Credit Default Swap 46.87 -1.7%
  

• Illinois Municipal Debt Credit Default Swap 168.10 -8.8%
  

• Italian/German 10Y Yld Spread 171.0 -9.0 basis points
  
• UK Sovereign Debt Credit Default Swap 35.66 -1.1%
  

• China Sovereign Debt Credit Default Swap 59.64 -4.0%
  

• Brazil Sovereign Debt Credit Default Swap 138.20 -6.6%
  

• Israel Sovereign Debt Credit Default Swap 108.91 -.2%

• South Korea Sovereign Debt Credit Default Swap 26.29 -5.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 25.82 +1.2%
• China High-Yield Real Estate Total Return Index 77.96 +4.8%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.1% +.2 percentage point
  
• Zillow US All Homes Rent Index YoY +3.3% +.1 percentage point
  
• US Urban Consumers Food CPI YoY +3.0% -.3 percentage point
  
• CPI Core Services Ex-Shelter YoY +4.1% +.2 percentage point
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.43% -.3 percentage point: CPI YoY +3.38% +.34 percentage point
  
• 10-Year TIPS Spread 2.22% +1.0 basis point
  

• TED Spread 25.75 +1.25 basis points
  
• 2-Year SOFR Swap Spread -19.25 +.25 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -9.0 unch.
  

• N. America Investment Grade Credit Default Swap Index 57.6 -6.5%
  

• America Energy Sector High-Yield Credit Default Swap Index 169.0 -4.9% 
• Bloomberg TRACE # Distressed Bonds Traded 374.0 -3.0
  

• European Financial Sector Credit Default Swap Index 68.6 -9.8%
• Deutsche Bank Subordinated 5Y Credit Default Swap 206.4 -6.9%

• Emerging Markets Credit Default Swap Index 172.33 -7.1%
  

• MBS 5/10 Treasury Spread 146.0 -3.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 963.0 +11.0 basis points
• Avg. Auto ABS OAS .82 -1.0 basis point
  

• M2 Money Supply YoY % Change -3.3% unch.
  

• Commercial Paper Outstanding 1,242.9 -.7%

• 4-Week Moving Average of Jobless Claims 213,250 -3.5%
  

• Continuing Claims Unemployment Rate 1.3% +10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 51.64 +5.3%
  

• Average 30-Year Fixed Home Mortgage Rate 7.21% -20.0 basis points
  

• Weekly Mortgage Applications 194,500 +7.4%

• Weekly Retail Sales +3.20% +20.0 basis points
  
• OpenTable US Seated Diners % Change YoY -1.0% +3.0 percentage points
  
• Box Office Weekly Gross $117.4M -13.1%
  

• Nationwide Gas $3.09/gallon -.10/gallon

• Baltic Dry Index 2,411.0 -2.9%

• China (Export) Containerized Freight Index 869.34 +1.27%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 -7.1%
• Truckstop.com Market Demand Index 37.77 -16.5%

• Rail Freight Carloads 269,670 -1.1%
• TSA Total Traveler Throughput 2,495,661 +26.3%
  

Best Performing Style

• Small-Cap Growth +5.4%
  

Worst Performing Style

• Large-Cap Growth +2.0%

Leading Sectors

• Alt Energy +9.1%

• Semis +9.1%
• Regional Banks +7.7%
  

• Networking +7.7%
  

• Homebuilding +7.6%
  

Lagging Sectors

• Foods unch.
  

• Steel unch.
  

• Pharma -.2%

• Education -1.0%
  

• Insurance -2.3%
  

Weekly High-Volume Stock Gainers (51)

• NCL, BVN, BCYC, DOCU, AMAM, BBIO, HUT, FRO, RYTM, CHWY, SYM, DHT, FSLR, TNK, BAP, GKOS, CPE, BAND, STNG, CMTG, MLTX, DYN, JD, MODN, TNP, OSPN, COST, STLD, ENPH, TITN, ARVN, ASC, TENB, VRNA, INSW, BOX, GNK, DQ, AA, BPMC, TRMD, RYI, ARVN, VSTO, RUN, ENVX, SBLK, TEAM, GLOB, DVAX, FDMT, BABA, FARO and ALTG
  

Weekly High-Volume Stock Losers (13)

• CAH, DTM, IEP, SE, AEE, SIBN, IOT, EXC, RELY, XPEV, LMND and EDU
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change