Weekly Scoreboard*

S&P 500 4,836.3 +1.2%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 37,868.0 +.5%

• NASDAQ 15,293.8 +2.1%

• Russell 2000 1,940.98 -.8%

• NYSE FANG+ 8,964.5 +2.1% 
• Solactive Roundhill Meme Stock Index 353.0 -5.4%
  

• Goldman 50 Most Shorted 143.5 -5.7%

• Wilshire 5000 48,201.5 +1.0%

• Russell 1000 Growth 3,139.5 +2.2%

• Russell 1000 Value 1,613.6 -.2%

• S&P 500 Consumer Staples 765.18 -.4%

• Bloomberg Cyclicals/Defensives Pair Index 137.8 +.2%
  

• NYSE Technology 4,468.1 +3.7%

• Transports 15,616.8 +.58%

• Utilities 853.5 -2.9%

• Bloomberg European Bank/Financial Services 89.3 -1.8%
  

• MSCI Emerging Markets 38.53 -1.5%

• Credit Suisse AllHedge Long/Short Equity Index 194.61 -.09%

• Credit Suisse AllHedge Equity Market Neutral Index 107.4 -.07%

Sentiment/Internals

• NYSE Cumulative A/D Line 471,291 -.7%
• Nasdaq/NYSE Volume Ratio 8.9 -13.6%

• Bloomberg New Highs-Lows Index -110 -356
  

• Crude Oil Commercial Bullish % Net Position -22.4 +.8%

• CFTC Oil Net Speculative Position 169,682 +3.6%

• CFTC Oil Total Open Interest 1,598,167 +.71%

• Total Put/Call .91 +2.2%

• OEX Put/Call 2.49 +36.1%

• ISE Sentiment 148.0 +38.0 points
  

• NYSE Arms .86 -45.9%
  
• Bloomberg Global Risk-On/Risk-Off Index 61.0 +4.5%
• Bloomberg US Financial Conditions Index .91 -5.0 basis points
  
• Bloomberg European Financial Conditions Index .61 +5.0 basis points
  

• Volatility(VIX) 13.7 +10.7%
• DJIA Intraday % Swing 1.29 +37.2%

• CBOE S&P 500 3M Implied Correlation Index 18.8 +9.7%

• G7 Currency Volatility (VXY) 7.64 -.78%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.43 +.13%

• Smart Money Flow Index 14,549.8 -.24%
• NAAIM Exposure Index  53.5 -26.7
  

• ICI Money Mkt Mutual Fund Assets $5.961 Trillion -.24%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$6.867 Million

• AAII % Bulls 40.4 -16.9%

• AAII % Bears 26.8 +10.7%
• CNN Fear & Greed Index 71.0 (Greed) unch.

Futures Spot Prices

• CRB Index 265.46 +.52%

• Crude Oil 73.54/bbl. +.89%

• Reformulated Gasoline 216.27 +1.2%

• Natural Gas 2.53 -19.1%
• Dutch TTF Nat Gas(European benchmark) 28.42 euros/megawatt-hour -10.0%
  

• Heating Oil 266.44 -.8% 
• Newcastle Coal 123.0 (1,000/metric ton) -3.5%
  

• Gold 2,028.9 -.99%
• Silver 22.61 -2.6%
  

• S&P GSCI Industrial Metals Index 400.7 -1.6%

• Copper 379.05 -.11%

• US No. 1 Heavy Melt Scrap Steel 415.0 USD/Metric Tonne -.48%

• China Iron Ore Spot 128.8 USD/Metric Tonne +.94%

• CME Lumber  548.5 -2.0%

• UBS-Bloomberg Agriculture 1,489.9 +.24%
• US Gulf NOLA Potash Spot 322.50 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 4Q Forecast +2.39% +18.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 32.5% -1.5 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.14 -8.6%

• US Economic Policy Uncertainty Index 146.7 +55.4%
• S&P 500 Current Quarter EPS Growth Rate YoY(52 of 500 reporting) -3.1% +4.1 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 243.73 +.21:  Growth Rate +10.0% -1.9 percentage point, P/E 19.6 unch.
  
• S&P 500 Current Year Estimated Profit Margin 11.71% -33.0 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 292.35 +1.51: Growth Rate +37.1% +.8 percentage point, P/E 30.1 unch.
  

• Citi US Economic Surprise Index 13.5 +6.0 points

• Citi Eurozone Economic Surprise Index -12.4 +2.4 points

• Citi Emerging Markets Economic Surprise Index 4.5 -5.4 points

• Fed Fund Futures imply 2.6%(-2.6 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 97.4%(+2.6 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 103.3 +.98%

• MSCI Emerging Markets Currency Index 1,714.35 -.89%
  

• Bitcoin/USD 41,715.6 -1.9%

• Euro/Yen Carry Return Index 173.84 +1.8%
  

• Yield Curve(2s/10s) -26.75 -8.25 basis points
  

• 10-Year US Treasury Yield 4.15% +20.0 basis points
  

• Federal Reserve's Balance Sheet $7.638 Trillion -.17% 
• Federal Reserve's Discount Window Usage $2.170 Billion +4.7%
• Federal Reserve's Bank Term Funding Program $161.501 Billion +9.7%
  

• U.S. Sovereign Debt Credit Default Swap 43.0 -4.9%
  

• Illinois Municipal Debt Credit Default Swap 192.16 +7.3%
  

• Italian/German 10Y Yld Spread 154.0 -1.0 basis point
  
• UK Sovereign Debt Credit Default Swap 33.63 +4.9%
  

• China Sovereign Debt Credit Default Swap 65.0 +3.3%
  

• Brazil Sovereign Debt Credit Default Swap 133.06 +3.4%
  

• Israel Sovereign Debt Credit Default Swap 122.83 +2.4%

• South Korea Sovereign Debt Credit Default Swap 29.14 +4.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.36 -.06%
• China High-Yield Real Estate Total Return Index 85.93 +.39%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.0% unch.
  
• Zillow US All Homes Rent Index YoY +3.3% unch.
  
• US Urban Consumers Food CPI YoY +2.7% unch.
  
• CPI Core Services Ex-Shelter YoY +4.1% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.02% unch.: CPI YoY +2.96% -1.0 basis point
  
• 10-Year TIPS Spread 2.34% +6.0 basis points
  

• Treasury Repo 3M T-Bill Spread 5.39 basis points +7.0 basis points
  
• 2-Year SOFR Swap Spread -16.0 +5.0 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -3.75 +75.0 basis points
  

• N. America Investment Grade Credit Default Swap Index 54.8 +.25%
  

• America Energy Sector High-Yield Credit Default Swap Index 159.0 +1.9% 
• Bloomberg TRACE # Distressed Bonds Traded 315.0 -34.0
  

• European Financial Sector Credit Default Swap Index 69.84 -1.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 206.27 -2.5%

• Emerging Markets Credit Default Swap Index 177.32 +1.9%
  

• MBS 5/10 Treasury Spread 145.0 +6.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 944.0 -14.0 basis points
  
• Avg. Auto ABS OAS .74 -1.0 basis point
  

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

• Commercial Paper Outstanding $1,255.0B +2.0%

• 4-Week Moving Average of Jobless Claims 203,250 -2.3%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 48.5 +49.0%
  

• Average 30-Year Fixed Home Mortgage Rate 7.0% -2.0 basis points
  

• Weekly Mortgage Applications 210,500 +10.4%

• Weekly Retail Sales +5.50% -40.0 basis points
  
• OpenTable US Seated Diners % Change YoY -10.0% +1.0 percentage point
  
• Box Office Weekly Gross $117.9M +.45%
  

• Nationwide Gas $3.09/gallon +.02/gallon

• Baltic Dry Index 1,357.0 -7.1%
• Drewry World Container Freight Index $3,072.4/40 ft Box +22.9%
  

• China (Export) Containerized Freight Index 1,287.49 +12.9%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 42.5 -5.6%
• Truckstop.com Market Demand Index 51.1 -1.9%

• Rail Freight Carloads 244,176 +16.8%
• TSA Total Traveler Throughput 2,098,178 +9.9%
  

Best Performing Style

• Large-Cap Growth +2.2%
  

Worst Performing Style

• Small-Cap Value -1.1%

Leading Sectors

• Semis +7.3%

• Computer Services +4.4%
• Education +3.9%
  

• Defense +3.5%
  

• Computer Hardware +3.5%
  

Lagging Sectors

• Utilities -2.9%
  

• Healthcare Providers -3.4%
  

• Gold & Silver -3.9%

• Airlines -7.6%
  

• Alt Energy -9.6%
  

Weekly High-Volume Stock Gainers (41)

• EWTX, SMCI, TCN, SILK, MGNX, ALLY, W, CLS, CRDO, MRUS, DELL, VKTX, PLAB, TRV, CGEM, AVGO, ARM, FVRR, PYPL, UCTT, APGE, FN, LRCX, QCOM, PSTG, TXN, MTB, DEI, IRT, ELME, AMD, AMAT, CDNS, MELI, VRT, PTVE, OZK, MRVL, ARCH, SNPS, KMPR, NVDA, ESRT, FR, CB and TNK
  

Weekly High-Volume Stock Losers (8)

• NFE, RCUS, PLL, COCO, GCT, COUR, CELH and IRBT
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change