Weekly Scoreboard*

S&P 500 4,970.9 +1.6%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 38,744.7 +1.7%

• NASDAQ 15,642.1 +1.2%

• Russell 2000 1,970.1 -.6%

• NYSE FANG+ 9,594.4 +4.3% 
• Solactive Roundhill Meme Stock Index 372.3 +3.3%
  

• Goldman 50 Most Shorted 147.6 +.9%

• Wilshire 5000 49,495.2 +1.5%

• Russell 1000 Growth 3,240.5 +2.2%

• Russell 1000 Value 1,648.5 +.8%

• S&P 500 Consumer Staples 789.2 +2.6%

• Bloomberg Cyclicals/Defensives Pair Index 137.6 -.65%
  

• NYSE Technology 4,597.2 +.75%

• Transports 15,847.8 -.3%

• Utilities 859.5 +1.1%

• Bloomberg European Bank/Financial Services 91.6 -.4%
  

• MSCI Emerging Markets 38.7 -.5%

• Credit Suisse AllHedge Long/Short Equity Index 195.6 +.29%

• Credit Suisse AllHedge Equity Market Neutral Index 107.3 -.12%

Sentiment/Internals

• NYSE Cumulative A/D Line 479,947 +.63%
• Nasdaq/NYSE Volume Ratio 7.6 -24.8%

• Bloomberg New Highs-Lows Index 240 -112
  

• Crude Oil Commercial Bullish % Net Position -23.4 -9.1%

• CFTC Oil Net Speculative Position 184,018 +13.6%

• CFTC Oil Total Open Interest 1,649,542 +2.4%

• Total Put/Call 1.05 +5.6%

• OEX Put/Call 2.92 +6.0%

• ISE Sentiment 149.0 +3.0 points
  

• NYSE Arms .81 -5.8%
  
• Bloomberg Global Risk-On/Risk-Off Index 58.0 -6.3%
• Bloomberg US Financial Conditions Index .99 +4.0 basis points
  
• Bloomberg European Financial Conditions Index .65 -6.0 basis points
  

• Volatility(VIX) 14.0 +6.0%
• DJIA Intraday % Swing 1.1 +93.0%

• CBOE S&P 500 3M Implied Correlation Index 19.7 +13.3%

• G7 Currency Volatility (VXY) 7.82 +4.0%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.21 -1.9%

• Smart Money Flow Index 15,075.7 +.87%
• NAAIM Exposure Index  87.4 +3.3
  

• ICI Money Mkt Mutual Fund Assets $5.001 Trillion +.7%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$.059 Million

• AAII % Bulls 49.1 +24.9%

• AAII % Bears 24.5 -6.1%
• CNN Fear & Greed Index 67.0 (Greed) -9.0

Futures Spot Prices

• CRB Index 269.71 -1.4%

• Crude Oil 72.04/bbl. -7.8%

• Reformulated Gasoline 213.9 -8.0%

• Natural Gas 2.08 -23.2%
• Dutch TTF Nat Gas(European benchmark) 29.3 euros/megawatt-hour +5.8%
  

• Heating Oil 266.38 -7.3% 
• Newcastle Coal 119.90 (1,000/metric ton) +.21%
  

• Gold 2,038.2 +.99%
• Silver 22.71 -.38%
  

• S&P GSCI Industrial Metals Index 411.2 -1.2%

• Copper 382.3 -.8%

• US No. 1 Heavy Melt Scrap Steel 419.0 USD/Metric Tonne -.48%

• China Iron Ore Spot 127.0 USD/Metric Tonne -6.3%

• CME Lumber  555.5 -3.7%

• UBS-Bloomberg Agriculture 1,495.8 -.22%
• US Gulf NOLA Potash Spot 317.5 USD/Short Ton -.78%
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +4.2% +1.2 percentage points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 32.5% -.2 percentage point
  

• NY Fed Real-Time Weekly Economic Index 1.70 +25.0%

• US Economic Policy Uncertainty Index 98.3 +19.9%
• S&P 500 Current Quarter EPS Growth Rate YoY(230 of 500 reporting) +4.0% +5.6 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 244.14 +.38:  Growth Rate +10.3% +.2 percentage point, P/E 20.3 +.2
  
• S&P 500 Current Year Estimated Profit Margin 11.44% -13.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +44.2% +47.1 percentage points
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 295.82 +2.19: Growth Rate +38.7% +1.0 percentage point, P/E 32.3 +.9
  

• Citi US Economic Surprise Index 39.5 +12.2 points

• Citi Eurozone Economic Surprise Index 7.0 +17.1 points

• Citi Emerging Markets Economic Surprise Index -2.4 -3.4 points

• Fed Fund Futures imply 20.5%(-25.7 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 79.5%(+27.2 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 3/320
  

• US Dollar Index 103.93 +.41%

• MSCI Emerging Markets Currency Index 1,724.7 +.19%
  

• Bitcoin/USD 43,061.0 +2.6%

• Euro/Yen Carry Return Index 172.8 -.31%
  

• Yield Curve(2s/10s) -34.0 -13.25 basis points
  

• 10-Year US Treasury Yield 4.03% -13.0 basis points
  

• Federal Reserve's Balance Sheet $7.593 Trillion -.6% 
• Federal Reserve's Discount Window Usage $2.706 Billion +7.1%
• Federal Reserve's Bank Term Funding Program $165.238 Billion -1.5%
  

• U.S. Sovereign Debt Credit Default Swap 42.0 -1.1%
  

• Illinois Municipal Debt Credit Default Swap 184.72 -.44%
  

• Italian/German 10Y Yld Spread 158.0 +5.0 basis points
  
• UK Sovereign Debt Credit Default Swap 32.8 -.24%
  

• China Sovereign Debt Credit Default Swap 64.19 -1.5%
  

• Brazil Sovereign Debt Credit Default Swap 135.76 -1.8%
  

• Israel Sovereign Debt Credit Default Swap 132.18 +7.6%

• South Korea Sovereign Debt Credit Default Swap 33.55 +11.8%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.49 -.22%
• China High-Yield Real Estate Total Return Index 86.85 +.03%
  

• 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% unch.: CPI YoY +2.96% unch.
  
• 10-Year TIPS Spread 2.21% -8.0 basis points
  

• Treasury Repo 3M T-Bill Spread 5.25 basis points +1.0 basis point
  
• 2-Year SOFR Swap Spread -12.75 +1.75 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -8.5 -4.25 basis points
  

• N. America Investment Grade Credit Default Swap Index 54.59 +.4%
  

• America Energy Sector High-Yield Credit Default Swap Index 155.0 +1.7% 
• Bloomberg TRACE # Distressed Bonds Traded 326.0 +11.0
  

• European Financial Sector Credit Default Swap Index 68.94 +3.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 206.17 +4.78%

• Emerging Markets Credit Default Swap Index 180.88 +2.0%
  

• MBS 5/10 Treasury Spread 148.0 +4.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 873.0 -36.0 basis points
  
• Avg. Auto ABS OAS .71 unch.
  

• M2 Money Supply YoY % Change -2.3% unch.
  

• Commercial Paper Outstanding $1,265.5B +1.1%

• 4-Week Moving Average of Jobless Claims 207,750 +2.6%
  

• Continuing Claims Unemployment Rate 1.3% +10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 51.8 +12.0%
  

• Average 30-Year Fixed Home Mortgage Rate 6.91% -8.0 basis points
  

• Weekly Mortgage Applications 202,500 -7.2%

• Weekly Retail Sales +5.30% -10.0 basis points
  
• OpenTable US Seated Diners % Change YoY -6.0% -4.0 percentage points
  
• Box Office Weekly Gross $84.6M -32.3%
  

• Nationwide Gas $3.15/gallon +.05/gallon

• Baltic Dry Index 1,388.0 -8.6%
• Drewry World Container Freight Index $3,823.5/40 ft Box -3.6%
  

• China (Export) Containerized Freight Index 1,464.8 +4.4%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 42.5 unch.
• Truckstop.com Market Demand Index 48.2 -8.4%

• Rail Freight Carloads 259,091 +15.6%
• TSA Total Traveler Throughput 2,190,678 +23.6%
  

Best Performing Style

• Large-Cap Growth +2.2%
  

Worst Performing Style

• Small-Cap Value -1.6%

Leading Sectors

• Road & Rail +4.4%

• Homebuilding +3.6%
• Disk Drives +3.4%
  

• Medical Equipment +2.8%
  

• Social Media +2.6%
  

Lagging Sectors

• Shipping -2.7%
  

• Airlines -2.8%
  

• Education -3.8%

• Oil Service -7.1%
  

• Regional Banks -7.3%
  

Weekly High-Volume Stock Gainers (31)

• META, DECK, SAIA, CLFD, APP, SNOW, EW, SKYW, XPO, AMZN, POST, SYM, EZPW, IBKR, ENSG, GWW, CLX, DDOG, UCTT, BOWL, HLIT, LPLA, ANET, URGN, SANM, HIG, BASE, WNC, VRT and CGEM
  

Weekly High-Volume Stock Losers (20)

• RGA, CNMD, COUR, ABR, BGNE, KMPR, FDMT, WOLF, BZH, SD, THR, NOV, SGML, EXPO, TEAM, GEN, WNS, CHTR and LBRDK
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change