Weekly Scoreboard*

S&P 500 4,967.2 -3.1%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 37,986.4 +.01%

• NASDAQ 15,282.0 -5.5%

• Russell 2000 1,947.7 -2.8%

• NYSE FANG+ 9,294.8 -8.3%

• Goldman 50 Most Shorted 145.0 -4.5%

• Wilshire 5000 49,246.6 -3.1%

• Russell 1000 Growth 3,184.3 -4.9%

• Russell 1000 Value 1,677.8 -.9%

• S&P 500 Consumer Staples 792.9 +1.4%

• Bloomberg Cyclicals/Defensives Pair Index 141.4 -2.0%
  

• NYSE Technology 4,410.0 -6.6%

• Transports 15,069.0 -2.7%

• Utilities 875.4 +2.5%

• Bloomberg European Bank/Financial Services 101.79 +.47%
  

• MSCI Emerging Markets 39.8 -2.2%

• Credit Suisse AllHedge Long/Short Equity Index 209.55 +.28%

• Credit Suisse AllHedge Equity Market Neutral Index 109.70 +.17%

Sentiment/Internals

• NYSE Cumulative A/D Line 486,641 -1.5%
• Nasdaq/NYSE Volume Ratio 8.8 +20.5%

• Bloomberg New Highs-Lows Index -387 -350
  

• Crude Oil Commercial Bullish % Net Position -36.2 +.94%

• CFTC Oil Net Speculative Position 297,137 -1.3%

• CFTC Oil Total Open Interest 1,726,094 +.25%

• Total Put/Call 1.05 +22.1%

• OEX Put/Call .99 -36.8%

• ISE Sentiment 103.0 +1.0 point
  

• NYSE Arms .89 -58.7%
  
• Bloomberg Global Risk-On/Risk-Off Index 65.9 -2.9%
• Bloomberg US Financial Conditions Index .92 -23.0 basis points
  
• Bloomberg European Financial Conditions Index .69 -31.0 basis points
  

• Volatility(VIX) 19.1 +7.9%
• DJIA Intraday % Swing .85 -26.7%

• CBOE S&P 500 3M Implied Correlation Index 23.8 +21.5%

• G7 Currency Volatility (VXY) 7.5 -1.7%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.4 +2.2%

• Smart Money Flow Index 17,470.4 +3.2%
• NAAIM Exposure Index  63.0 -19.9
  

• ICI Money Mkt Mutual Fund Assets $5.968 Trillion -1.8%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$3.510 Million

• AAII % Bulls 38.3 -11.8%

• AAII % Bears 34.0 +41.7%
• CNN Fear & Greed Index 31.0 (FEAR) -16.0

Futures Spot Prices

• CRB Index 298.15 +.02%

• Crude Oil 83.4/bbl. -2.9%

• Reformulated Gasoline 271.4 -3.2%

• Natural Gas 1.76 -.96%
• Dutch TTF Nat Gas(European benchmark) 30.76 euros/megawatt-hour -.1%
  

• Heating Oil 254.77 -5.2% 
• Newcastle Coal 141.0 (1,000/metric ton) +6.8%
  

• Gold 2,394.6 +2.2%
• Silver 28.77 +3.1%
  

• S&P GSCI Industrial Metals Index 470.39 +3.3%

• Copper 449.7 +4.1%

• US No. 1 Heavy Melt Scrap Steel 390.0 USD/Metric Tonne +1.3%

• China Iron Ore Spot 116.2 USD/Metric Tonne +3.4%

• CME Lumber  510.0 -5.6%

• UBS-Bloomberg Agriculture 1,487.9 -.64%
• US Gulf NOLA Potash Spot 307.50 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +2.9% +50.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 22.7% -.8 percentage point
  

• NY Fed Real-Time Weekly Economic Index 2.0 +26.4%

• US Economic Policy Uncertainty Index 75.5 -56.6%
• S&P 500 Current Quarter EPS Growth Rate YoY(70 of 500 reporting) +9.4% -12.5 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 252.45 +.88:  Growth Rate +13.1% +.4 percentage point, P/E 19.9 -.8
  
• S&P 500 Current Year Estimated Profit Margin 12.86% unch.
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(1 of 10 reporting) +78.2% n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 313.98 +.96: Growth Rate +30.7% +.4 percentage point, P/E 30.8 -2.0
  

• Citi US Economic Surprise Index 33.1 -6.4 points

• Citi Eurozone Economic Surprise Index 32.4 -2.2 points

• Citi Emerging Markets Economic Surprise Index 29.2 +.2 point

• Fed Fund Futures imply 3.9%(-2.0 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 96.1%(+2.0 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 5/1
  

• US Dollar Index 106.2 +.2%

• MSCI Emerging Markets Currency Index 1,713.0 -.20%
  

• Bitcoin/USD 64,257.7 +.62%

• Euro/Yen Carry Return Index 179.1 +1.0%
  

• Yield Curve(2s/10s) -35.75 +2.5 basis points
  

• 10-Year US Treasury Yield 4.61% +11.0 basis points
  

• Federal Reserve's Balance Sheet $7.370 Trillion -.44%
  
• Federal Reserve's Discount Window Usage $5.852 Billion +18.8%
• Federal Reserve's Bank Term Funding Program $125.706 Billion -.5%
  

• U.S. Sovereign Debt Credit Default Swap 40.28 +.95%
  

• Illinois Municipal Debt Credit Default Swap 184.84 -3.7%
  

• Italian/German 10Y Yld Spread 143.0 +3.0 basis points
  
• UK Sovereign Debt Credit Default Swap 27.48 +.84%
  

• China Sovereign Debt Credit Default Swap 71.93 -1.3%
  

• Brazil Sovereign Debt Credit Default Swap 162.6 +6.1%
  

• Israel Sovereign Debt Credit Default Swap 140.9 +5.1%

• South Korea Sovereign Debt Credit Default Swap 40.2 +1.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.5 -.06%
• China High-Yield Real Estate Total Return Index 90.63 -1.6%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.5% unch.
  
• Zillow US All Homes Rent Index YoY +3.7% +10.0 basis points
  
• US Urban Consumers Food CPI YoY +2.2% unch.
  
• CPI Core Services Ex-Shelter YoY +5.0% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.74% unch.: CPI YoY +3.46% +3.0 basis points
  
• 1-Year TIPS Spread 4.31% n/a
  

• Treasury Repo 3M T-Bill Spread 7.5 basis points -27.0 basis points
  
• 2-Year SOFR Swap Spread -9.5 -1.75 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -5.5 -.25 basis point
  

• N. America Investment Grade Credit Default Swap Index 57.1 +4.2%
  

• America Energy Sector High-Yield Credit Default Swap Index 130.0 +11.8% 
• Bloomberg TRACE # Distressed Bonds Traded 274.0 -1.0
  

• European Financial Sector Credit Default Swap Index 68.28 +1.9%
• Deutsche Bank Subordinated 5Y Credit Default Swap 196.8 +1.1%

• Emerging Markets Credit Default Swap Index 183.7 +4.2%
  

• MBS 5/10 Treasury Spread 152.0 +2.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 772.0 +1.0 basis point
  
• Avg. Auto ABS OAS .58 +2.0 basis points
  

• M2 Money Supply YoY % Change -1.7% unch.
  

• Commercial Paper Outstanding $1,311.8B -1.40%

• 4-Week Moving Average of Jobless Claims 214,500 unch.
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.9 +3.9%
  

• Average 30-Year Fixed Home Mortgage Rate 7.40% -1.0 basis point
  

• Weekly Mortgage Applications 202,100 +3.3%

• Weekly Retail Sales +4.90% +70.0 basis points
  
• OpenTable US Seated Diners % Change YoY -5.0% +6.0 percentage points
  
• Box Office Weekly Gross $126.8M n/a
  

• Nationwide Gas $3.68/gallon +.05/gallon

• Baltic Dry Index 1,901.0 +10.0%
• Drewry World Container Freight Index $2,718.5/40 ft Box -2.7%
  

• China (Export) Containerized Freight Index 2,718.5 -2.7%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 40.0 unch.
  
• Truckstop.com Market Demand Index 57.4 -1.9%

• Rail Freight Carloads 258,082 +7.1%
• TSA Total Traveler Throughput 2,687,379 +23.2%
  

Best Performing Style

• Large-Cap Value -.7%
  

Worst Performing Style

•  Large-Cap Growth -4.6%

Leading Sectors

• Airlines +4.3%

• Healthcare Providers +3.1%
• Banks +1.7%
  

• Foods +1.7%
  

• Insurance +1.6%
  

Lagging Sectors

• Computer Hardware -6.0%
  

• Gambling -6.0%
  

• Homebuilding -8.0%

• Alt Energy -8.3%
  

• Semis -9.0%
  

Weekly High-Volume Stock Gainers (11)

• MNDR, PARA, UGI, CLSK, HE, FITB, FJT, AXP, PBR, WAL and ALVO
  

Weekly High-Volume Stock Losers (32)

• PPG, NTRA, TSM, ROAD, AXTA, TMDX, INSM, CART, MEG, ZTS, META, FYBR, SPOT, ELVN, OI, ELF, CAMT, VRT, CLS, NVDA, SAVA, JBL, IMNM, NFLX, BHVN, LI, IART, CGEM, ARM and SMCI
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change