Weekly Scoreboard*

S&P 500 5,099.9 +2.7%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 38,239.7 +.7%

• NASDAQ 15,927.9 +4.2%

• Russell 2000 2,002.0 +2.8%

• NYSE FANG+ 9,858.5 +6.1%

• Goldman 50 Most Shorted 153.4 +5.3%

• Wilshire 5000 50,711.2 +2.7%

• Russell 1000 Growth 3,301.6 +3.7%

• Russell 1000 Value 1,704.2 +1.4%

• S&P 500 Consumer Staples 806.5 +1.5%

• Bloomberg Cyclicals/Defensives Pair Index 143.4 +1.3%
  

• NYSE Technology 4,626.6 +4.9%

• Transports 15,170.9 +.58%

• Utilities 884.3 +1.0%

• Bloomberg European Bank/Financial Services 104.5 +2.7%
  

• MSCI Emerging Markets 41.2 +3.5%

• Credit Suisse AllHedge Long/Short Equity Index 208.1 -.68%

• Credit Suisse AllHedge Equity Market Neutral Index 109.1 -.57%

Sentiment/Internals

• NYSE Cumulative A/D Line 490,278 +.8%
• Nasdaq/NYSE Volume Ratio 9.6 +9.1%

• Bloomberg New Highs-Lows Index -230 +157
  

• Crude Oil Commercial Bullish % Net Position -35.4 +2.3%

• CFTC Oil Net Speculative Position 290,462 -2.3%

• CFTC Oil Total Open Interest 1,799,606 +2.1%

• Total Put/Call 1.0 -13.1%

• OEX Put/Call .70 -21.6%

• ISE Sentiment 120.0 +17.0 point
  

• NYSE Arms 1.11 +42.9%
  
• Bloomberg Global Risk-On/Risk-Off Index 67.7 -1.8%
• Bloomberg US Financial Conditions Index 1.04 +12.0 basis points
  
• Bloomberg European Financial Conditions Index .80 +11.0 basis points
  

• Volatility(VIX) 15.0 -19.3%
• DJIA Intraday % Swing .67 -26.5%

• CBOE S&P 500 3M Implied Correlation Index 18.0 -23.3%

• G7 Currency Volatility (VXY) 7.61 -.27%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.0 -4.2%

• Smart Money Flow Index 17,412.7 -.55%
• NAAIM Exposure Index  59.5 -3.5
  

• ICI Money Mkt Mutual Fund Assets $5.977 Trillion +.2%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$17.848 Million

• AAII % Bulls 32.1 -16.2%

• AAII % Bears 33.9 -.3%
• CNN Fear & Greed Index 43.0 (FEAR) +12.0

Futures Spot Prices

• CRB Index 296.84 +.7%

• Crude Oil 83.4/bbl. -2.9%

• Reformulated Gasoline 276.3 +2.1%

• Natural Gas 1.61 -9.1%
• Dutch TTF Nat Gas(European benchmark) 28.9 euros/megawatt-hour -6.1%
  

• Heating Oil 254.8 +.52% 
• Newcastle Coal 135.8 (1,000/metric ton) -4.4%
  

• Gold 2,338.5 -2.5%
• Silver 27.2 -5.2%
  

• S&P GSCI Industrial Metals Index 471.2 -1.7%

• Copper 457.1 +1.5%

• US No. 1 Heavy Melt Scrap Steel 386.0 USD/Metric Tonne -1.0%

• China Iron Ore Spot 116.7 USD/Metric Tonne -.6%

• CME Lumber  513.5 -.2%

• UBS-Bloomberg Agriculture 1,505.3 +1.5%
• US Gulf NOLA Potash Spot 300.0 USD/Short Ton -2.4%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +3.9% +100.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 22.4% -.3 percentage point
  

• NY Fed Real-Time Weekly Economic Index 1.9 +11.1%

• US Economic Policy Uncertainty Index 131.4 +29.1%
• S&P 500 Current Quarter EPS Growth Rate YoY(228 of 500 reporting) +3.4% -6.0 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 252.88 +.43:  Growth Rate +13.3% +.2 percentage point, P/E 20.2 +.3
  
• S&P 500 Current Year Estimated Profit Margin 12.84% -2.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(5 of 10 reporting) +42.4% -35.8 percentage points
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 315.36 +1.38: Growth Rate +31.3% +.6 percentage point, P/E 31.2 +.4
  

• Citi US Economic Surprise Index 15.1 -18.0 points

• Citi Eurozone Economic Surprise Index 28.7 -4.7 points

• Citi Emerging Markets Economic Surprise Index 38.3 +9.1 points

• Fed Fund Futures imply 2.9%(-2.5 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 97.1%(+2.5 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 105.96 -.09%

• MSCI Emerging Markets Currency Index 1,713.68 +.19%
  

• Bitcoin/USD 64,081.9 -1.7%

• Euro/Yen Carry Return Index 183.90 +2.4%
  

• Yield Curve(2s/10s) -33.25 +2.5 basis points
  

• 10-Year US Treasury Yield 4.67% +6.0 basis points
  

• Federal Reserve's Balance Sheet $7.367 Trillion -.04%
  
• Federal Reserve's Discount Window Usage $6.844 Billion +17.0%
• Federal Reserve's Bank Term Funding Program $125.492 Billion -.17%
  

• U.S. Sovereign Debt Credit Default Swap 41.3 +2.6%
  

• Illinois Municipal Debt Credit Default Swap 187.7 +1.7%
  

• Italian/German 10Y Yld Spread 135.0 -8.0 basis points
  
• UK Sovereign Debt Credit Default Swap 25.2 -8.2%
  

• China Sovereign Debt Credit Default Swap 71.7 +.15%
  

• Brazil Sovereign Debt Credit Default Swap 152.0 -6.1%
  

• Israel Sovereign Debt Credit Default Swap 134.77 -4.3%

• South Korea Sovereign Debt Credit Default Swap 37.90 -3.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.39 -.55%
• China High-Yield Real Estate Total Return Index 90.82 +.11%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.5% unch.
  
• Zillow US All Homes Rent Index YoY +3.7% unch.
  
• 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 +3.49% +3.0 basis points
  
• 1-Year TIPS Spread 2.45% -8.0 basis points
  

• Treasury Repo 3M T-Bill Spread 8.75 basis points +1.25 basis points
  
• 2-Year SOFR Swap Spread -7.5 +2.0 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -4.75 +.75 basis point
  

• N. America Investment Grade Credit Default Swap Index 51.8 -8.9%
  

• America Energy Sector High-Yield Credit Default Swap Index 123.0 -5.4% 
• Bloomberg TRACE # Distressed Bonds Traded 286.0 +12.0
  

• European Financial Sector Credit Default Swap Index 63.05 -7.7%
• Deutsche Bank Subordinated 5Y Credit Default Swap 188.1 -4.3%

• Emerging Markets Credit Default Swap Index 174.91 -4.6%
  

• MBS 5/10 Treasury Spread 148.0 -4.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 770.0 -2.0 basis points
  
• Avg. Auto ABS OAS .57 -1.0 basis point
  

• M2 Money Supply YoY % Change -.3% +140.0 basis points
  

• Commercial Paper Outstanding $1,309.5B -.2%

• 4-Week Moving Average of Jobless Claims 213,250 -.58%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 51.9 +4.1%
  

• Average 30-Year Fixed Home Mortgage Rate 7.56% +16.0 basis points
  

• Weekly Mortgage Applications 196,700 -2.7%

• Weekly Retail Sales +5.10% +20.0 basis points
  
• OpenTable US Seated Diners % Change YoY -7.0% -2.0 percentage points
  
• Box Office Weekly Gross $112.9M -39.5%
  

• Nationwide Gas $3.66/gallon -.02/gallon

• Baltic Dry Index 1,743.4 -9.2%
• Drewry World Container Freight Index $2,718.5/40 ft Box -2.7%
  

• China (Export) Containerized Freight Index 2,705.5 -.5%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 40.0 unch.
  
• Truckstop.com Market Demand Index 52.2 -9.1%

• Rail Freight Carloads 257,599 -.19%
• TSA Total Traveler Throughput 2,675,734 +20.4%
  

Best Performing Style

• Large-Cap Growth +3.9%
  

Worst Performing Style

•  Large-Cap Value +1.5%

Leading Sectors

• Semis +10.0%

• Disk Drives +7.1%
• Social Media +6.9%
  

• Construction +5.5%
  

• Computer Hardware +5.3%
  

Lagging Sectors

• Telecom -1.0%
  

• Insurance -1.9%
  

• Steel -3.3%

• Airlines -4.3%
  

• Computer Services -5.0%
  

Weekly High-Volume Stock Gainers (52)

• CGEM, SNAP, TPC, EXPO, SLCA, RMD, ZIM, SKX, PTCT, ANAB, TBBB, CAVA, DJT, APPF, GOOGL, KTOS, SG, RILY, AN, BEKE, BALL, MHK, FUTU, IRDM, SAH, NVDA, APP, DEC, BILI, JD, MNSO, TROW, TER, CSL, SCCO, LHX, FMX, PEGA, CDP, DDOG, ENPH, VRT, ATHM, BIIB, ZTS, MUX, CMRE, AMRK, BBVA and GME
  

Weekly High-Volume Stock Losers (21)

• HCA, TFII, CZR, VRSN, ABBV, CUBI, ODFL, ALSN, MBLY, CINF, TS, XPO, CABA, AON, DXCM, TEAM, INTC, ROKU, TNET, BYD and SAIA
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change