Weekly Scoreboard*

 

S&P 500 4,8893.5 +.9%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 38,090.7 +.56%

• NASDAQ 15,462.3 +.94%

• Russell 2000 1,979.7 +1.7%

• NYSE FANG+ 9,228.5 +2.5% 
• Solactive Roundhill Meme Stock Index 359.81 +2.6%
  

• Goldman 50 Most Shorted 146.3 +2.0%

• Wilshire 5000 48,749.8 +1.0%

• Russell 1000 Growth 3,174.1 +.8%

• Russell 1000 Value 1,634.6 +1.1%

• S&P 500 Consumer Staples 769.44 +.8%

• Bloomberg Cyclicals/Defensives Pair Index 138.5 +.3%
  

• NYSE Technology 4,549.5 +1.8%

• Transports 15,895.3 +1.7%

• Utilities 849.1 -.52%

• Bloomberg European Bank/Financial Services 92.0 +3.1%
  

• MSCI Emerging Markets 38.9 +1.0%

• Credit Suisse AllHedge Long/Short Equity Index 195.1 +.23%

• Credit Suisse AllHedge Equity Market Neutral Index 107.47 +.11%

Sentiment/Internals

• NYSE Cumulative A/D Line 476,952 +1.2%
• Nasdaq/NYSE Volume Ratio 10.1 +13.5%

• Bloomberg New Highs-Lows Index 352 +452
  

• Crude Oil Commercial Bullish % Net Position -21.5 +4.1%

• CFTC Oil Net Speculative Position 162,034 -4.5%

• CFTC Oil Total Open Interest 1,610,493 +.77%

• Total Put/Call .86 -5.6%

• OEX Put/Call 2.74 -16.8%

• ISE Sentiment 146.0 -2.0 points
  

• NYSE Arms .73 -3.4%
  
• Bloomberg Global Risk-On/Risk-Off Index 61.9 +1.5%
• Bloomberg US Financial Conditions Index .95 +4.0 basis points
  
• Bloomberg European Financial Conditions Index .71 +10.0 basis points
  

• Volatility(VIX) 13.3 -.15%
• DJIA Intraday % Swing .57 -55.5%

• CBOE S&P 500 3M Implied Correlation Index 17.1 -5.5%

• G7 Currency Volatility (VXY) 7.52 -1.6%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.35 -.94%

• Smart Money Flow Index 14,856.1 +1.8%
• NAAIM Exposure Index  84.1 +30.1
  

• ICI Money Mkt Mutual Fund Assets $5.960 Trillion -.02%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$5.021 Million

• AAII % Bulls 39.3 -2.7%

• AAII % Bears 26.1 -2.6%
• CNN Fear & Greed Index 76.0 (Extreme Greed) +5.0

Futures Spot Prices

• CRB Index 272.40 +2.7%

• Crude Oil 78.04/bbl. +5.6%

• Reformulated Gasoline 228.9 +5.8%

• Natural Gas 2.67 +3.6%
• Dutch TTF Nat Gas(European benchmark) 28.08 euros/megawatt-hour -1.3%
  

• Heating Oil 285.4 +6.2% 
• Newcastle Coal 118.3 (1,000/metric ton) -3.9%
  

• Gold 2,016.54 -.62%
• Silver 22.77 +.56%
  

• S&P GSCI Industrial Metals Index 414.5 +3.1%

• Copper 385.60 +1.7%

• US No. 1 Heavy Melt Scrap Steel 421.0 USD/Metric Tonne +1.5%

• China Iron Ore Spot 136.4 USD/Metric Tonne +5.8%

• CME Lumber  573.0 +4.4%

• UBS-Bloomberg Agriculture 1,499.25 +.55%
• US Gulf NOLA Potash Spot 320.0 USD/Short Ton -.78%
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +3.0% n/a
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 32.7% +.2 percentage point
  

• NY Fed Real-Time Weekly Economic Index 1.90 +13.8%

• US Economic Policy Uncertainty Index 74.1 +102.8%
• S&P 500 Current Quarter EPS Growth Rate YoY(124 of 500 reporting) -1.6% +1.5 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 243.76 +.03:  Growth Rate +10.1% +.1 percentage point, P/E 20.1 +.5
  
• S&P 500 Current Year Estimated Profit Margin 11.57% -14.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(2 of 10 reporting) -3.1% n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 293.63 +1.28: Growth Rate +37.7% +.6 percentage point, P/E 31.4 +1.3
  

• Citi US Economic Surprise Index 27.3 +13.8 points

• Citi Eurozone Economic Surprise Index -10.1 +2.3 points

• Citi Emerging Markets Economic Surprise Index 1.0 -3.5 points

• Fed Fund Futures imply 2.6%(+.5 percentage point) chance of -25.0 basis point cut to 5.0-5.25%, 97.4%(-.5 percentage point) 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 103.4 +.22%

• MSCI Emerging Markets Currency Index 1,721.2 +.23%
  

• Bitcoin/USD 41,990.2 +.7%

• Euro/Yen Carry Return Index 173.48 -.22%
  

• Yield Curve(2s/10s) -20.75 +6.0 basis points
  

• 10-Year US Treasury Yield 4.16% +1.0 basis point
  

• Federal Reserve's Balance Sheet $7.641 Trillion +.04% 
• Federal Reserve's Discount Window Usage $2.527 Billion +16.5%
• Federal Reserve's Bank Term Funding Program $167.768 Billion +3.9%
  

• U.S. Sovereign Debt Credit Default Swap 42.5 -1.2%
  

• Illinois Municipal Debt Credit Default Swap 186.88 -2.5%
  

• Italian/German 10Y Yld Spread 153.0 -1.0 basis point
  
• UK Sovereign Debt Credit Default Swap 32.9 -2.2%
  

• China Sovereign Debt Credit Default Swap 65.2 +.72%
  

• Brazil Sovereign Debt Credit Default Swap 138.41 +4.4%
  

• Israel Sovereign Debt Credit Default Swap 122.83 -.9%

• South Korea Sovereign Debt Credit Default Swap 30.58 +5.4%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.52 +.56%
• China High-Yield Real Estate Total Return Index 86.17 +.92%
  

• 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 +2.66% -36.0 basis points: CPI YoY +2.96% unch.
  
• 10-Year TIPS Spread 2.29% -5.0 basis points
  

• Treasury Repo 3M T-Bill Spread 4.25 basis points -1.25 basis points
  
• 2-Year SOFR Swap Spread -14.5 +1.5 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -4.25 -.5 basis point
  

• N. America Investment Grade Credit Default Swap Index 54.13 -1.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 152.0 -3.4% 
• Bloomberg TRACE # Distressed Bonds Traded 315.0 unch.
  

• European Financial Sector Credit Default Swap Index 66.98 -4.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 196.76 -4.6%

• Emerging Markets Credit Default Swap Index 177.07 -.28%
  

• MBS 5/10 Treasury Spread 144.0 -1.0 basis point
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 909.0 -33.0 basis points
  
• Avg. Auto ABS OAS .71 -3.0 basis points
  

• M2 Money Supply YoY % Change -2.3% +70 basis points
  

• Commercial Paper Outstanding $1,251.2B -.3%

• 4-Week Moving Average of Jobless Claims 202,250 -.7%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 46.3 -4.5%
  

• Average 30-Year Fixed Home Mortgage Rate 6.99% -1.0 basis points
  

• Weekly Mortgage Applications 218,200 +3.7%

• Weekly Retail Sales +5.40% -10.0 basis points
  
• OpenTable US Seated Diners % Change YoY -2.0% +8.0 percentage points
  
• Box Office Weekly Gross $125.0M +6.0%
  

• Nationwide Gas $3.10/gallon +.01/gallon

• Baltic Dry Index 1,499.0 -.27%
• Drewry World Container Freight Index $3,964.2/40 ft Box +5.0%
  

• China (Export) Containerized Freight Index 1,403.0 +9.0%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 42.5 unch.
• Truckstop.com Market Demand Index 52.6 +3.0%

• Rail Freight Carloads 224,182 -8.2%
• TSA Total Traveler Throughput 2,221,349 +26.7%
  

Best Performing Style

• Small-Cap Value +1.8%
  

Worst Performing Style

• Mid-Cap Growth +.7%

Leading Sectors

• Oil Service +7.4%

• Airlines +6.2%
• Computer Services +5.1%
  

• Energy +4.3%
  

• Alt Energy +3.1%
  

Lagging Sectors

• Semis -.8%
  

• Medical Equipment -.9%
  

• Electric Vehicles -1.1%

• Restaurants -1.5%
  

• Homebuilders -4.2%
  

Weekly High-Volume Stock Gainers (47)

• APPF, VERA, MOR, ALPN, BAH, GBCI, MARA, BFH, ATXS, CMPS, MSTR, GCT, RGEN, EYPT, AMSC, TBBK, IMNM, GNTX, TOST, ZIMV, AXP, OLN, CSTL, RAPT, FFIN, ZGN, ABNB, TDS, YMAB, MGNX, SSB, URGN, ALV, BIO, XRX, AVTR, USM, COF, GGAL, PTLO, LII, DHR, COIN, BANC, STNG and DAWN
  

Weekly High-Volume Stock Losers (5)

• LPG, CORT, KLAC, LBPH and INTC
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change