Weekly Scoreboard*

S&P 500 4,755.5 +.80%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 37,394.7 +.28%

• NASDAQ 14,991.4 +1.2%

• Russell 2000 2,035.0 +2.5%

• NYSE FANG+ 8,729.9 +1.4% 
• Solactive Roundhill Meme Stock Index 444.9 +5.7%
  

• Goldman 50 Most Shorted 162.7 +1.8%

• Wilshire 5000 47,669.9 +.94%

• Russell 1000 Growth 3,049.3 +.95%

• Russell 1000 Value 1,622.19 +.75%

• S&P 500 Consumer Staples 754.17 +.61%

• Bloomberg Cyclicals/Defensives Pair Index 142.06 +.25%
  

• NYSE Technology 4,310.2 +.74%

• Transports 16,080.1 +.37%

• Utilities 874.57 -.87%

• Bloomberg European Bank/Financial Services 91.0 +.94%
  

• MSCI Emerging Markets 39.29 -1.6%

• Credit Suisse AllHedge Long/Short Equity Index 192.99 +2.5%

• Credit Suisse AllHedge Equity Market Neutral Index 106.84 +.82%

Sentiment/Internals

• NYSE Cumulative A/D Line 473,220 +.43%
• Nasdaq/NYSE Volume Ratio 10.9 +101.9%

• Bloomberg New Highs-Lows Index 259 -1,604
  

• Crude Oil Commercial Bullish % Net Position -20.9 +10.4%

• CFTC Oil Net Speculative Position 151,599 -10.3%

• CFTC Oil Total Open Interest 1,645,245 -.01%

• Total Put/Call .84 +1.3%

• OEX Put/Call .95 -41.9%

• ISE Sentiment 137.0 -8.0 points
  

• NYSE Arms 1.28 -24.9%
  
• Bloomberg Global Risk-On/Risk-Off Index 55.5 -3.3%
• Bloomberg US Financial Conditions Index n/a
  
• Bloomberg European Financial Conditions Index -.27 -67.0 basis points
  

• Volatility(VIX) 13.4 +8.6%
• DJIA Intraday % Swing n/a

• CBOE S&P 500 3M Implied Correlation Index 20.4 +10.1%

• G7 Currency Volatility (VXY) 8.07 -1.5%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.83 -1.4%

• Smart Money Flow Index 14,238.6 -1.69%
• NAAIM Exposure Index  97.3 +19.3
  

• ICI Money Mkt Mutual Fund Assets $5.870 Trillion -.3%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$11.073 Million

• AAII % Bulls 52.9 +3.1%

• AAII % Bears 20.9 +8.3%
• CNN Fear & Greed Index 78.0(Extreme Greed) -2.0

Futures Spot Prices

• CRB Index 266.08 +.38%

• Crude Oil 73.73/bbl. +2.65%

• Reformulated Gasoline 213.55 +.13%

• Natural Gas 2.59 +5.59%
• Dutch TTF Nat Gas(European benchmark) 34.17 euros/megawatt-hour +2.97%
  

• Heating Oil 266.52 +1.6% 
• Newcastle Coal 141.3 (1,000/metric ton) -1.9%
  

• Gold 2,053.61 +1.70%
• Silver 24.15 +1.3%
  

• S&P GSCI Industrial Metals Index 414.04 +.02%

• Copper 389.60 +.43%

• US No. 1 Heavy Melt Scrap Steel 423.0 USD/Metric Tonne -.24%

• China Iron Ore Spot 138.1 USD/Metric Tonne +4.3%

• CME Lumber  560.0 +3.3%

• UBS-Bloomberg Agriculture 1,509.98 -1.8%
• US Gulf NOLA Potash Spot 322.50 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 4Q Forecast +2.68% +7.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 34.3% +2.0 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.36 +18.6%

• US Economic Policy Uncertainty Index 161.3 +207.0%
• S&P 500 Current Quarter EPS Growth Rate YoY(17 of 500 reporting) +13.5% +1.2 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 242.75 +.42:  Growth Rate +11.3% +1.9 percentage points, P/E 19.6 +.1
  
• S&P 500 Current Year Estimated Profit Margin 12.04% -3.0 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 287.93 -5.31: Growth Rate +35.0% -2.5 percentage points, P/E 30.4 +1.2
  

• Citi US Economic Surprise Index 18.2 +4.4 points

• Citi Eurozone Economic Surprise Index -42.9 -1.1 points

• Citi Emerging Markets Economic Surprise Index 18.3 -1.8 points

• Fed Fund Futures imply 14.5%(+14.2 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 85.5%(-4.2 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 1/31
  

• US Dollar Index 101.79 -.78%

• MSCI Emerging Markets Currency Index 1,724.38 -.11%
  

• Bitcoin/USD 43,719.3 +4.40%

• Euro/Yen Carry Return Index 168.50 +1.44%
  

• Yield Curve(2s/10s) -43.0 +11.25 basis points
  

• 10-Year US Treasury Yield 3.90% -2.0 basis points
  

• Federal Reserve's Balance Sheet $7.688 Trillion -.2% 
• Federal Reserve's Discount Window Usage $2.185 Billion +6.2%
• Federal Reserve's Bank Term Funding Program $131.335 Billion +6.1%
  

• U.S. Sovereign Debt Credit Default Swap 46.84 -.16%
  

• Illinois Municipal Debt Credit Default Swap 169.90 +.91%
  

• Italian/German 10Y Yld Spread 158.0 -13.0 basis points
  
• UK Sovereign Debt Credit Default Swap 35.412 -.66%
  

• China Sovereign Debt Credit Default Swap 60.89 +.59%
  

• Brazil Sovereign Debt Credit Default Swap 133.22 -3.4%
  

• Israel Sovereign Debt Credit Default Swap 110.0 +.99%

• South Korea Sovereign Debt Credit Default Swap 26.76 -1.9%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.05 -6.8%
• China High-Yield Real Estate Total Return Index 78.84 +1.2%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.1% unch.
  
• Zillow US All Homes Rent Index YoY +3.3% unch.
  
• US Urban Consumers Food CPI YoY +3.0% unch.
  
• CPI Core Services Ex-Shelter YoY +4.1% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.02% -.41 percentage point: CPI YoY +3.33% -.05 percentage point
  
• 10-Year TIPS Spread 2.20% -2.0 basis points
  

• TED Spread 27.0 +1.25 basis points
  
• 2-Year SOFR Swap Spread -22.0 -2.75 basis points
  

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

• N. America Investment Grade Credit Default Swap Index 55.56 -3.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 164.0 -3.1% 
• Bloomberg TRACE # Distressed Bonds Traded 319.0 -55.0
  

• European Financial Sector Credit Default Swap Index 68.13 -.66%
• Deutsche Bank Subordinated 5Y Credit Default Swap 208.90 +1.2%

• Emerging Markets Credit Default Swap Index 166.84 -3.2%
  

• MBS 5/10 Treasury Spread 144.0 -2.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 963.0 unch.
• Avg. Auto ABS OAS .79 -3.0 basis points
  

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

• Commercial Paper Outstanding 1,262.2 +1.6%

• 4-Week Moving Average of Jobless Claims 212,000 -.7%
  

• Continuing Claims Unemployment Rate 1.3% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 51.1 -1.0%
  

• Average 30-Year Fixed Home Mortgage Rate 7.06% -15.0 basis points
  

• Weekly Mortgage Applications 191,600 -1.49%

• Weekly Retail Sales +3.30% +10.0 basis points
  
• OpenTable US Seated Diners % Change YoY -2.0% -1.0 percentage point
  
• Box Office Weekly Gross $117.4M -13.1%
  

• Nationwide Gas $3.13/gallon +.04/gallon

• Baltic Dry Index 2,087.0 -11.1%

• China (Export) Containerized Freight Index 879.75 +1.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 unch.
• Truckstop.com Market Demand Index 35.8 -5.2%

• Rail Freight Carloads 268,134 -.57%
• TSA Total Traveler Throughput 2,638,639 +17.4%
  

Best Performing Style

• Small-Cap Value +2.7%
  

Worst Performing Style

• Large-Cap Value +.8%

Leading Sectors

• Shipping +9.1%

• Steel +4.9%
• Digital Health +3.2%
  

• Airlines +3.1%
  

• Energy +2.9%
  

Lagging Sectors

• Electric Vehicles -1.0%
  

• Regional Banks -1.0%
  

• Agriculture -1.0%

• Video Gaming -2.1%
  

• Social Media -2.1%
  

Weekly High-Volume Stock Gainers (16)

• KRTX, NMRA, HUT, ANSS, MARA, ALTR, RYZB, RIOT, AXSM, PLSE, NBIX, IEP, COIN, BROS and LQDA
  

Weekly High-Volume Stock Losers (14)

• SAVA, TTD, CROX, MIRM, TAL, EDU, SMCI, BILI, LGF, RILY, AIR, NKE, NTES and MULN
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change