Weekly Scoreboard*

S&P 500 6,036.5 -.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 45,571.5 +.3%

• NASDAQ 19,588.1 -1.7%

• Russell 2000 2,280.5 -.8%

• NYSE FANG+ 13,537.1 -1.8%

• Goldman 50 Most Shorted 199.9 -3.4%

• Wilshire 5000 60,103.1 -1.0%

• Russell 1000 Growth 4,121.2 -1.2%

• Russell 1000 Value 1,904.7 unch.

• S&P 500 Consumer Staples 870.4 +2.0%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 257.2 -.2%
  

• NYSE Technology 5,607.9 -.6%

• Transports 16,298.2 -2.0%

• Utilities 1,000.4 -1.3%

• Bloomberg European Bank/Financial Services 124.60 +1.4%
  

• MSCI Emerging Markets 42.8 -.4%

• Credit Suisse AllHedge Long/Short Equity Index 218.3 +.04%

• Credit Suisse AllHedge Equity Market Neutral Index 117.17 +.33%

Sentiment/Internals

• NYSE Cumulative A/D Line 540,168 +.43%
• Nasdaq/NYSE Volume Ratio 13.0 +64.3%

• Bloomberg New Highs-Lows Index 319 -81
  

• Crude Oil Commercial Bullish % Net Position -31.9 -1.7%

• CFTC Oil Net Speculative Position 298,847 -2.4%

• CFTC Oil Total Open Interest 1,867,000 -1.6%

• Total Put/Call .83 +.78%

• OEX Put/Call .95 -1.1%

• ISE Sentiment 141.0 -32.0 points
  

• NYSE Arms 1.20 +12.8%
  
• Bloomberg Global Risk-On/Risk-Off Index 71.4 unch.
• Bloomberg US Financial Conditions Index .81 -8.0 basis points
  
• Bloomberg European Financial Conditions Index 1.79 +7.0 basis points
  

• Volatility(VIX) 16.5 +10.7%
• DJIA Intraday % Swing .37 -21.8%

• CBOE S&P 500 3M Implied Correlation Index 12.8 +3.5%

• G7 Currency Volatility (VXY) 8.3 +4.4%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.4 +3.4%

• Smart Money Flow Index 21,110.6 +4.4%
• NAAIM Exposure Index  68.3 -17.8
  

• ICI Money Mkt Mutual Fund Assets $6.873 Trillion -.44%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$5.534 Million

• AAII % Bulls 41.0 -5.5%

• AAII % Bears 34.0 +15.7%
• CNN Fear & Greed Index 51.0 (NEUTRAL) unch.

Futures Spot Prices

• CRB Index 306.4 -1.0%

• Crude Oil 72.5/bbl. -2.4%

• Reformulated Gasoline 203.7 -.8%

• Natural Gas 3.05 -23.6%
• Dutch TTF Nat Gas(European benchmark) 52.2 euros/megawatt-hour +7.0%
  

• Heating Oil 248.5 -.57% 
• Newcastle Coal 116.9 (1,000/metric ton) -3.4%
  

• Gold 2,797.0 +1.1%
• Silver 31.3 +2.3%
  

• S&P GSCI Industrial Metals Index 449.40 -1.1%

• Copper 426.0 -1.1%

• US No. 1 Heavy Melt Scrap Steel 341.0 USD/Metric Tonne -.87%

• China Iron Ore Spot 105.1 USD/Metric Tonne +.9%

• CME Lumber  595.0 +5.3%

• UBS-Bloomberg Agriculture 1,487.0 +.6%
• US Gulf NOLA Potash Spot 263.5 USD/Short Ton +3.3%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +2.89% -10.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 26.3% +2.5 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.82 +1.1%

• US Economic Policy Uncertainty Index 229.7 +43.2%
• S&P 500 Current Quarter EPS Growth Rate YoY(179 of 500 reporting) +7.4% -9.2 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 274.87 +.31:  Growth Rate +16.0% +.7 percentage point, P/E 22.1 -.2
  
• S&P 500 Current Year Estimated Profit Margin 12.12% -16.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(5 of 10 reporting) +17.2% -80.4 percentage points
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 401.37 +2.38: Growth Rate +29.8% +2.2 percentage points, P/E 33.6 -1.2
  

• Citi US Economic Surprise Index 12.4 +2.3 points

• Citi Eurozone Economic Surprise Index -.6 +2.5 points

• Citi Emerging Markets Economic Surprise Index 3.7 -5.6 points

• Fed Fund Futures imply 18.0%(-9.0 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 82.0%(+9.6 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.5-4.75% on 3/19
  

• US Dollar Index 108.4 +.92%

• MSCI Emerging Markets Currency Index 1,745.5 -.2%
  

• Bitcoin/USD 102,147.0 -2.3%

• Euro/Yen Carry Return Index 179.7 -1.7%
  

• Yield Curve(2s/10s) 33.25 -1.75 basis points
  

• 10-Year US Treasury Yield 4.55% -7.0 basis points
  

• Federal Reserve's Balance Sheet $6.786 Trillion -.21%
  
• Federal Reserve's Discount Window Usage $2.833 Billion +.75%
• Federal Reserve's Bank Term Funding Program $.213 Billion -13.8%
  

• U.S. Sovereign Debt Credit Default Swap 33.9 -.3%
  

• Illinois Municipal Debt Credit Default Swap 211.0 +.9%
  

• Italian/German 10Y Yld Spread 110.0 +1.0 basis points
  
• UK Sovereign Debt Credit Default Swap 22.6 -.3%
  

• China Sovereign Debt Credit Default Swap 55.5 +1.1%
  

• Brazil Sovereign Debt Credit Default Swap 178.9 +1.0%
  

• Israel Sovereign Debt Credit Default Swap 84.7 -2.3%

• South Korea Sovereign Debt Credit Default Swap 33.5 -.08%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.93 -.39%
• China High-Yield Real Estate Total Return Index 112.71 +2.1%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +4.0% unch.
  
• Zillow US All Homes Rent Index YoY +3.5% unch.
  
• US Urban Consumers Food CPI YoY +2.5% unch.
  
• CPI Core Services Ex-Shelter YoY +4.2% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.52% -31.0 basis points: CPI YoY +2.85% +1.0 basis point
  
• 1-Year TIPS Spread 3.33% +10.0 basis points
  

• Treasury Repo 3M T-Bill Spread 5.0 basis points +1.75 basis points
  
• 2-Year SOFR Swap Spread -15.5 +.5 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -1.0 +.75 basis point
  

• N. America Investment Grade Credit Default Swap Index 48.20 +.4%
  

• America Energy Sector High-Yield Credit Default Swap Index 180.0 +1.4% 
• Bloomberg TRACE # Distressed Bonds Traded 175.0 +10.0
  

• European Financial Sector Credit Default Swap Index 59.5 +.2%
• Deutsche Bank Subordinated 5Y Credit Default Swap 141.9 -1.3%

• Emerging Markets Credit Default Swap Index 159.64 +2.2%
  

• MBS 5/10 Treasury Spread 135.0 unch.
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 608.0 -1.0 basis point
  
• Avg. Auto ABS OAS .45 +3.0 basis points
  

• M2 Money Supply YoY % Change +3.9% +20.0 basis points
  

• Commercial Paper Outstanding $1,210.5B +4.6%

• 4-Week Moving Average of Jobless Claims 212,500 -.5%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 47.7 -3.9%
  

• Average 30-Year Fixed Home Mortgage Rate 7.0% -2.0 basis points
  

• Weekly Mortgage Applications 220,000 -2.1%

• Weekly Retail Sales +4.5% +30.0 basis points
  
• OpenTable US Seated Diners % Change YoY +10.0% +13.0 percentage points
  
• Box Office Weekly Gross $106.2M -24.0%
  

• Nationwide Gas $3.11/gallon -.02/gallon

• Baltic Dry Index 715.0 -8.1%
• Drewry World Container Freight Index $3,364.2/40 ft Box -2.3%
  

• China (Export) Containerized Freight Index 1,505.1 -3.4%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 -20.0%
  
• Truckstop.com Market Demand Index 52.5 -16.5%

• Rail Freight Carloads 265,672 -6.4%
• TSA Total Traveler Throughput 2,217,849 +24.2%
  

Best Performing Style

• Large-Cap Value -.1%
  

Worst Performing Style

•  Small-Cap Growth -1.2%

Leading Sectors

• Computer Services +9.3%

• Education +7.3%
• Social Media +5.1%
  

• Restaurants +3.8%
  

• Pharma +2.8%
  

Lagging Sectors

• Computer Hardware -4.0%
  

• Networking -4.0%
  

• Oil Service -4.3%

• Semis -5.2%
  

• Construction -7.6%
  

Weekly High-Volume Stock Gainers (34)

• VIAV, TEAM, ASTS, RGTI, BKSY, RDW, CLS, BEN, HIMS, BEP, FLG, EMN, FLG, TFSL, MNDY, GTLB, VRTX, ABBV, TBBK, CI, PMT, IMNM, SKYW, ATGE, BKR, DAVE, ACMR, GLOB, VNOM, EA, FHB, JHG and FRME
  

Weekly High-Volume Stock Losers (24)

• VST, LC, OMF, CVX, ALV, KGS, PAA, CL, GWW, IMO, BOOT, PPG, RMD, PFSI, GNTX, AESI, WBA, APPF, CALM, OLN, VSTS, DECK and BZH
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change