Weekly Scoreboard*

S&P 500 4,688.2 -2.0%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 37,403.8 -.8%

• NASDAQ 14,487.2 -4.0%

• Russell 2000 1,953.75 -5.3%

• NYSE FANG+ 8,400.9 -4.4% 
• Solactive Roundhill Meme Stock Index 403.76 -7.1%
  

• Goldman 50 Most Shorted 154.3 -6.8%

• Wilshire 5000 46,829.0 -2.4%

• Russell 1000 Growth 2,962.2 -3.3%

• Russell 1000 Value 1,619.71 -.94%

• S&P 500 Consumer Staples 760.14 -.09%

• Bloomberg Cyclicals/Defensives Pair Index 137.8 -2.8%
  

• NYSE Technology 4,138.5 -4.9%

• Transports 15,500.0 -3.1%

• Utilities 894.89 +1.4%

• Bloomberg European Bank/Financial Services 93.09 +1.97%
  

• MSCI Emerging Markets 39.44 -1.8%

• Credit Suisse AllHedge Long/Short Equity Index 193.66 -.22%

• Credit Suisse AllHedge Equity Market Neutral Index 107.35 -.19%

Sentiment/Internals

• NYSE Cumulative A/D Line 473,600 -.95%
• Nasdaq/NYSE Volume Ratio 10.0 -28.1%

• Bloomberg New Highs-Lows Index 55 -855
  

• Crude Oil Commercial Bullish % Net Position -25.6 -6.2%

• CFTC Oil Net Speculative Position 199,284 +9.1%

• CFTC Oil Total Open Interest 1,554,682 -1.6%

• Total Put/Call 1.21 +25.8%

• OEX Put/Call .90 +8.9%

• ISE Sentiment 142.0 +9.0 points
  

• NYSE Arms .86 +1.3%
  
• Bloomberg Global Risk-On/Risk-Off Index 58.1 +3.6%
• Bloomberg US Financial Conditions Index n/a
  
• Bloomberg European Financial Conditions Index .40 +4.0 basis points
  

• Volatility(VIX) 13.56 +7.1%
• DJIA Intraday % Swing .80 +25.8%

• CBOE S&P 500 3M Implied Correlation Index 20.9 +7.8%

• G7 Currency Volatility (VXY) 8.08 -.37%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.98 -1.4%

• Smart Money Flow Index 14,328.8 -.13%
• NAAIM Exposure Index  71.0 -31.7
  

• ICI Money Mkt Mutual Fund Assets $5.965 Trillion +1.3%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$13.054 Million

• AAII % Bulls 48.6 +5.0%

• AAII % Bears 23.5 -6.4%
• CNN Fear & Greed Index 73.0 (Greed) -3.0

Futures Spot Prices

• CRB Index 265.0 -.52%

• Crude Oil 73.71/bbl. +2.5%

• Reformulated Gasoline 210.17 +.25%

• Natural Gas 2.89 +13.8%
• Dutch TTF Nat Gas(European benchmark) 34.6 euros/megawatt-hour +3.8%
  

• Heating Oil 260.96 +1.87% 
• Newcastle Coal 129.2 (1,000/metric ton) -5.7%
  

• Gold 2,045.07 -.73%
• Silver 23.19 -2.3%
  

• S&P GSCI Industrial Metals Index 410.6 -3.1%

• Copper 380.55 -2.6%

• US No. 1 Heavy Melt Scrap Steel 418.0 USD/Metric Tonne -.71%

• China Iron Ore Spot 138.9 USD/Metric Tonne +.18%

• CME Lumber  573.50 +5.1%

• UBS-Bloomberg Agriculture 1,487.5 -2.9%
• US Gulf NOLA Potash Spot 322.50 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 4Q Forecast +2.51% +25.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 31.9% -2.4 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.44 +5.6%

• US Economic Policy Uncertainty Index 164.94 +23.8%
• S&P 500 Current Quarter EPS Growth Rate YoY(21 of 500 reporting) +9.1% -4.4 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 243.48 +.34:  Growth Rate +11.9% +.2 percentage point, P/E 19.3 -.3
  
• S&P 500 Current Year Estimated Profit Margin 12.04% unch.
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) +n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 290.03 +1.10: Growth Rate +36.0% +.5 percentage point, P/E 28.9 -1.2
  

• Citi US Economic Surprise Index 6.1 -2.1 points

• Citi Eurozone Economic Surprise Index -31.3 +9.7 points

• Citi Emerging Markets Economic Surprise Index 15.5 +.6 point

• Fed Fund Futures imply 6.7%(-10.9 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 93.3%(+10.9 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 102.3 +1.1%

• MSCI Emerging Markets Currency Index 1,727.59 -.70%
  

• Bitcoin/USD 43,781.5 +2.7%

• Euro/Yen Carry Return Index 170.37 +1.9%
  

• Yield Curve(2s/10s) -35.25 +2.0 basis points
  

• 10-Year US Treasury Yield 4.03% +15.0 basis points
  

• Federal Reserve's Balance Sheet $7.644 Trillion -.4% 
• Federal Reserve's Discount Window Usage $3.006 Billion +19.9%
• Federal Reserve's Bank Term Funding Program $141.202 Billion +4.0%
  

• U.S. Sovereign Debt Credit Default Swap 47.0 +1.3%
  

• Illinois Municipal Debt Credit Default Swap 181.65 +6.2%
  

• Italian/German 10Y Yld Spread 170.0 +2.0 basis points
  
• UK Sovereign Debt Credit Default Swap 36.20 +1.7%
  

• China Sovereign Debt Credit Default Swap 65.87 +8.7%
  

• Brazil Sovereign Debt Credit Default Swap 141.52 +6.6%
  

• Israel Sovereign Debt Credit Default Swap 112.75 +1.0%

• South Korea Sovereign Debt Credit Default Swap 28.8 +7.8%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.27 +.78%
• China High-Yield Real Estate Total Return Index 83.47 +4.8%
  

• 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% unch.: CPI YoY +3.32% unch.
  
• 10-Year TIPS Spread 2.23% +6.0 basis points
  

• TED Spread 22.0 -4.0 basis points
  
• 2-Year SOFR Swap Spread -16.75 +1.75 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -4.5 -2.5 basis points
  

• N. America Investment Grade Credit Default Swap Index 59.5 +4.8%
  

• America Energy Sector High-Yield Credit Default Swap Index 167.0 +3.2% 
• Bloomberg TRACE # Distressed Bonds Traded 297.0 +47.0
  

• European Financial Sector Credit Default Swap Index 73.3 +8.5%
• Deutsche Bank Subordinated 5Y Credit Default Swap 222.5 +8.3%

• Emerging Markets Credit Default Swap Index 181.49 +8.8%
  

• MBS 5/10 Treasury Spread 149.0 +8.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 966.0 +1.0 basis point
  
• Avg. Auto ABS OAS .75 -1.0 basis point
  

• M2 Money Supply YoY % Change -3.0% unch.
  

• Commercial Paper Outstanding $1,215.1B -4.4%

• 4-Week Moving Average of Jobless Claims 207,750 -2.2%
  

• Continuing Claims Unemployment Rate 1.2% -10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 23.9 -47.3%
  

• Average 30-Year Fixed Home Mortgage Rate 6.95% -11.0 basis points
  

• Weekly Mortgage Applications 173,500 -10.7%

• Weekly Retail Sales +3.90% +40.0 basis points
  
• OpenTable US Seated Diners % Change YoY +2.0% -1.0 percentage point
  
• Box Office Weekly Gross $117.4M unch.
  

• Nationwide Gas $3.09/gallon -.03/gallon

• Baltic Dry Index 2,086.0 -.05%
• Drewry World Container Freight Index $2,669.9/40 ft Box +60.8%
  

• China (Export) Containerized Freight Index 936.8 +3.0%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.5 +7.1%
• Truckstop.com Market Demand Index 35.8 +5.3%

• Rail Freight Carloads 188,738 -26.2%
• TSA Total Traveler Throughput 2,264,212 -11.7%
  

Best Performing Style

• Large-Value -.6%
  

Worst Performing Style

• Small-Cap Growth -5.3%

Leading Sectors

• Shipping +6.8%

• Pharma +4.1%
• Insurance +1.6%
  

• Utilities +1.5%
  

• Energy +1.1%
  

Lagging Sectors

• Electric Vehicles -5.3%
  

• AI/Robotics -6.2%
  

• Digital Health -6.5%

• Semis -6.5%
  

• Alt Energy -9.8%
  

Weekly High-Volume Stock Gainers (14)

• TGTX, ELAN, XPRO, LQDA, RXRX, GBX, RHN, KGS, VTRS, LPG, SEM, CYTK, STZ and EWBC
  

Weekly High-Volume Stock Losers (19)

• PZZA, HALO, YUMC, RUN, SATS, AXNX, DAR, BILI, XPEV, HUT, IMCR, DNLI, BGNE, PCVX, TBPH, OLMA, RYTM, MARA and CPRX
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change