Weekly Scoreboard*

S&P 500 5,088.8 +1.3%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 39,131.5 +.9%

• NASDAQ 15,996.8 +.57%

• Russell 2000 2,016.69 -2.2%

• NYSE FANG+ 10,003.8 +1.4% 
• Solactive Roundhill Meme Stock Index 394.6 -4.6%
  

• Goldman 50 Most Shorted 155.9 -4.1%

• Wilshire 5000 50,565.9 +.9%

• Russell 1000 Growth 3,329.8 +1.2%

• Russell 1000 Value 1,681.0 +1.1%

• S&P 500 Consumer Staples 793.2 +2.3%

• Bloomberg Cyclicals/Defensives Pair Index 139.0 -.25%
  

• NYSE Technology 4,692.2 -1.0%

• Transports 15,921.0 +.09%

• Utilities 849.1 +.24%

• Bloomberg European Bank/Financial Services 93.3 +1.7%
  

• MSCI Emerging Markets 40.50 +1.7%

• Credit Suisse AllHedge Long/Short Equity Index 199.98 +.48%

• Credit Suisse AllHedge Equity Market Neutral Index 108.7 +.34%

Sentiment/Internals

• NYSE Cumulative A/D Line 483,975 -.10%
• Nasdaq/NYSE Volume Ratio 10.0 +96.7%

• Bloomberg New Highs-Lows Index 1,268 +369
  

• Crude Oil Commercial Bullish % Net Position -22.9 -11.3%

• CFTC Oil Net Speculative Position 171,072 +5.7%

• CFTC Oil Total Open Interest 1,715,587 -5.1%

• Total Put/Call .94 -3.1%

• OEX Put/Call 2.77 -4.1%

• ISE Sentiment 142.0 +16.0 points
  

• NYSE Arms 1.39 +6.9%
  
• Bloomberg Global Risk-On/Risk-Off Index 72.4 -.8%
• Bloomberg US Financial Conditions Index 1.14 +6.0 basis points
  
• Bloomberg European Financial Conditions Index .91 +2.0 basis points
  

• Volatility(VIX) 13.6 -6.2%
• DJIA Intraday % Swing .48 n/a

• CBOE S&P 500 3M Implied Correlation Index 16.3 +1.7%

• G7 Currency Volatility (VXY) 6.69 -6.0%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.40 -3.0%

• Smart Money Flow Index 16,019.2 +1.5%
• NAAIM Exposure Index  74.7 -20.9
  

• ICI Money Mkt Mutual Fund Assets $6.009 Trillion -.09%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$10.958 Million

• AAII % Bulls 44.3 +5.0%

• AAII % Bears 26.2 -2.2%
• CNN Fear & Greed Index 78.0 (Extreme Greed) +8.0

Futures Spot Prices

• CRB Index 270.82 +1.0%

• Crude Oil 76.64/bbl. -1.7%

• Reformulated Gasoline 227.8 -1.5%

• Natural Gas 1.59 +.25%
• Dutch TTF Nat Gas(European benchmark) 22.9 euros/megawatt-hour -7.1%
  

• Heating Oil 268.7 -4.7% 
• Newcastle Coal 124.8 (1,000/metric ton) +.9%
  

• Gold 2,036.2 +1.2%
• Silver 22.94 -2.0%
  

• S&P GSCI Industrial Metals Index 410.3 +1.8%

• Copper 387.2 +3.1%

• US No. 1 Heavy Melt Scrap Steel 417.0 USD/Metric Tonne +.24%

• China Iron Ore Spot 119.4 USD/Metric Tonne -6.3%

• CME Lumber  565.0 +2.0%

• UBS-Bloomberg Agriculture 1,438.9 -1.33%
• US Gulf NOLA Potash Spot 317.50 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +2.9% -.5 percentage point
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 26.4% -3.6 percentage points
  

• NY Fed Real-Time Weekly Economic Index 1.87 +36.5%

• US Economic Policy Uncertainty Index 65.9 -56.3%
• S&P 500 Current Quarter EPS Growth Rate YoY(449 of 500 reporting) +6.8% +n/a percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 247.08 +n/a:  Growth Rate +11.9% +n/a percentage point, P/E 20.6 +n/a
  
• S&P 500 Current Year Estimated Profit Margin 12.83% +163.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(8 of 10 reporting) +57.2% +13.0 percentage points
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 313.15 +n/a: Growth Rate +46.8% +n/a percentage points, P/E 32.0 +n/a
  

• Citi US Economic Surprise Index 43.8 +3.4 points

• Citi Eurozone Economic Surprise Index 42.0 +7.3 points

• Citi Emerging Markets Economic Surprise Index -4.3 -2.2 points

• Fed Fund Futures imply 2.5%(-7.5 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 97.5%(+7.5 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 3/20
  

• US Dollar Index 103.93 -.3%

• MSCI Emerging Markets Currency Index 1,727.57 +.14%
  

• Bitcoin/USD 51,084.9 -1.44%

• Euro/Yen Carry Return Index 176.17 +.71%
  

• Yield Curve(2s/10s) -43.5 -7.0 basis points
  

• 10-Year US Treasury Yield 4.26% -2.0.0 basis points
  

• Federal Reserve's Balance Sheet $7.545 Trillion -.69% 
• Federal Reserve's Discount Window Usage $2.379 Billion -8.4%
• Federal Reserve's Bank Term Funding Program $164.231 Billion -.33%
  

• U.S. Sovereign Debt Credit Default Swap 39.0 -1.4%
  

• Illinois Municipal Debt Credit Default Swap 177.0 -5.5%
  

• Italian/German 10Y Yld Spread 144.0 -4.0 basis points
  
• UK Sovereign Debt Credit Default Swap 30.06 -.69%
  

• China Sovereign Debt Credit Default Swap 63.0 -1.2%
  

• Brazil Sovereign Debt Credit Default Swap 122.93 -6.3%
  

• Israel Sovereign Debt Credit Default Swap 119.3 +3.2%

• South Korea Sovereign Debt Credit Default Swap 31.6 -2.54%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.8 +.73%
• China High-Yield Real Estate Total Return Index 89.30 +4.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.8% unch.
  
• Zillow US All Homes Rent Index YoY +3.4% +10.0 basis points
  
• US Urban Consumers Food CPI YoY +2.6% -10.0 basis points
  
• CPI Core Services Ex-Shelter YoY +4.4% +30.0 basis points
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.74% +8.0 basis points: CPI YoY +3.11% +17.0 basis points
  
• 10-Year TIPS Spread 2.29% -4.0 basis points
  

• Treasury Repo 3M T-Bill Spread 10.0 basis points +3.0 basis points
  
• 2-Year SOFR Swap Spread -13.25 unch.
  

• 3-Month EUR/USD Cross-Currency Basis Swap -5.5 -.75 basis point
  

• N. America Investment Grade Credit Default Swap Index 51.2 -3.1%
  

• America Energy Sector High-Yield Credit Default Swap Index 144.0 -4.1% 
• Bloomberg TRACE # Distressed Bonds Traded 254.0 -17.0
  

• European Financial Sector Credit Default Swap Index 63.3 -5.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 206.4 -2.5%

• Emerging Markets Credit Default Swap Index 166.54 -6.1%
  

• MBS 5/10 Treasury Spread 155.0 -5.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 832.0 -2.0 basis points
  
• Avg. Auto ABS OAS .65 unch.
  

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

• Commercial Paper Outstanding $1,267.7B +.8%

• 4-Week Moving Average of Jobless Claims 215,250 -1.6%
  

• Continuing Claims Unemployment Rate 1.2% -10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.4 -2.7%
  

• Average 30-Year Fixed Home Mortgage Rate 7.32% +1.0 basis point
  

• Weekly Mortgage Applications 181,600 -10.6%

• Weekly Retail Sales +2.70% +20.0 basis points
  
• OpenTable US Seated Diners % Change YoY -4.0% +1.0 percentage point
  
• Box Office Weekly Gross $90.4M +24.5%
  

• Nationwide Gas $3.27/gallon -.01/gallon

• Baltic Dry Index 1,752.0 +8.8%
• Drewry World Container Freight Index $3,659.4/40 ft Box -2.0%
  

• China (Export) Containerized Freight Index 1,402.2 -3.6%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 47.5 -5.0%
  
• Truckstop.com Market Demand Index 47.2 +6.7%

• Rail Freight Carloads 253,697 -4.1%
• TSA Total Traveler Throughput 2,511,370 +16.3%
  

Best Performing Style

• Large-Cap Growth +1.1%
  

Worst Performing Style

•  Small-Cap Growth -2.2%

Leading Sectors

• Restaurants +2.3%

• Medical Equipment +2.3%
• Foods +2.2%
  

• Pharma +2.1%
  

• AI/Robotics +2.0%
  

Lagging Sectors

• Telecom -3.4%
  

• Cyber Security -4.1%
  

• Computer Hardware -4.3%

• Digital Health -6.6%
  

• Alt Energy -11.8%
  

Weekly High-Volume Stock Gainers (25)

• SNBR, CVNA, SQ, TNDM, LZ, SYRE, FIX, EVH, RBA, H, AGIO, SFM, NAMS, AU, COLL, SEM, FTAI, ITOS, TCOM, D, ALRM, BROS, HSIC, EME and SBLK
  

Weekly High-Volume Stock Losers (20)

• TDOC, KTOS, RLAY, ZIP, IRTC, EGO, OLED, COLD, LUNG, PEN, NWN, MELI, BKNG, RIVN, SMCI, FMX, GH, VICR, FOXF and AAOI
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change