Weekly Scoreboard*

S&P 500 6,024.0 -.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 44,333.0 -.5%

• NASDAQ 19,523.2 -.6%

• Russell 2000 2,279.9 -.43%

• NYSE FANG+ 13,588.4 +.3%

• Goldman 50 Most Shorted 203.12 +.91%

• Wilshire 5000 59,978.2 -.3%

• Russell 1000 Growth 4,107.4 -.39%

• Russell 1000 Value 1,902.4 -.23%

• S&P 500 Consumer Staples 883.19 +1.5%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 251.01 -2.5%
  

• NYSE Technology 5,670.3 +1.0%

• Transports 16,298.2 -1.0%

• Utilities 997.88 -.2%

• Bloomberg European Bank/Financial Services 128.0 +2.8%
  

• MSCI Emerging Markets 43.3 +1.2%

• Credit Suisse AllHedge Long/Short Equity Index 217.7 -.3%

• Credit Suisse AllHedge Equity Market Neutral Index 116.5 -.6%

Sentiment/Internals

• NYSE Cumulative A/D Line 540,993 +.15%
• Nasdaq/NYSE Volume Ratio 12.1 -2.3%

• Bloomberg New Highs-Lows Index 337 +18

• Crude Oil Commercial Bullish % Net Position -30.5 +4.5%

• CFTC Oil Net Speculative Position 264,126 -11.6%

• CFTC Oil Total Open Interest 1,782,462 -4.5%

• Total Put/Call .78 -8.1%

• OEX Put/Call .80 -14.1%

• ISE Sentiment 177.0 +36.0 points
  

• NYSE Arms .72 -64.1%
  
• Bloomberg Global Risk-On/Risk-Off Index 70.7 -1.0%
• Bloomberg US Financial Conditions Index .81 unch.
• Bloomberg European Financial Conditions Index 1.78 -1.0 basis point
  

• Volatility(VIX) 16.5 -4.3%
• S&P 500 Intraday % Swing 1.23 -17.3%

• CBOE S&P 500 3M Implied Correlation Index 13.6 +4.5%

• G7 Currency Volatility (VXY) 8.7 +3.8%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.4 unch.

• Smart Money Flow Index 20,744.3 -1.7%
• NAAIM Exposure Index  84.9 +16.6

• ICI Money Mkt Mutual Fund Assets $6.917 Trillion +.64%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$5.997 Million

• AAII % Bulls 33.3 -18.8%

• AAII % Bears 42.9 +26.2%
• CNN Fear & Greed Index 42.0 (FEAR) -9.0

Futures Spot Prices

• CRB Index 307.5 +.4%

• Crude Oil 70.9/bbl. -3.7%

• Reformulated Gasoline 210.54 +1.0%

• Natural Gas 3.31 +8.6%
• Dutch TTF Nat Gas(European benchmark) 55.7 euros/megawatt-hour +3.9%
  

• Heating Oil 243.4 -.41% 
• Newcastle Coal 110.5 (1,000/metric ton) -5.5%
  

• Gold 2,862.2 +2.3%
• Silver 31.9 +2.1%
  

• S&P GSCI Industrial Metals Index 453.1 +2.0%

• Copper 459.2 +7.6%

• US No. 1 Heavy Melt Scrap Steel 362.0 USD/Metric Tonne +6.2%

• China Iron Ore Spot 107.1 USD/Metric Tonne +2.5%

• CME Lumber  595.5 +.6%

• UBS-Bloomberg Agriculture 1,493.3 +.5%
• US Gulf NOLA Potash Spot 290.0 USD/Short Ton +7.4%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +2.94% +5.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 26.0% -.3 percentage point

• NY Fed Real-Time Weekly Economic Index 2.49 -10.8%

• US Economic Policy Uncertainty Index 397.8 +54.1%
• S&P 500 Current Quarter EPS Growth Rate YoY(308 of 500 reporting) +12.6% +5.2 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 274.12 -.75:  Growth Rate +15.7% -.3 percentage point, P/E 22.0 -.1
• S&P 500 Current Year Estimated Profit Margin 11.83% -29.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +26.6% +9.4 percentage points
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 402.86 +1.49: Growth Rate +30.3% +.5 percentage point, P/E 33.7 +.1
  

• Citi US Economic Surprise Index 3.0 -9.4 points

• Citi Eurozone Economic Surprise Index 4.7 +5.3 points

• Citi Emerging Markets Economic Surprise Index 12.9 +9.2 points

• Fed Fund Futures imply 8.5%(-7.5 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 91.5%(+7.5 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 108.03 -.4%

• MSCI Emerging Markets Currency Index 1,740.1 -.12%
  

• Bitcoin/USD 96,869.6 +1.4%

• Euro/Yen Carry Return Index 174.8 -2.6%
  

• Yield Curve(2s/10s) 20.75 -12.5 basis points
  

• 10-Year US Treasury Yield 4.49% -6.0 basis points
  

• Federal Reserve's Balance Sheet $6.765 Trillion -.1%
  
• Federal Reserve's Discount Window Usage $3.466 Billion +22.3%
• Federal Reserve's Bank Term Funding Program $.197 Billion -7.5%
  

• U.S. Sovereign Debt Credit Default Swap 34.8 +2.5%
  

• Illinois Municipal Debt Credit Default Swap 210.68 -.42%
  

• Italian/German 10Y Yld Spread 110.0 unch.
• UK Sovereign Debt Credit Default Swap 22.2 -1.6%
  

• China Sovereign Debt Credit Default Swap 54.78 -2.0%
  

• Brazil Sovereign Debt Credit Default Swap 173.8 -4.0%
  

• Israel Sovereign Debt Credit Default Swap 84.8 +.11%

• South Korea Sovereign Debt Credit Default Swap 32.6 -2.6%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.96 +.36%
• China High-Yield Real Estate Total Return Index 113.73 +.89%
  

• 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% unch.: CPI YoY +2.85% unch.
  
• 1-Year TIPS Spread 3.63% +30.0 basis points
  

• Treasury Repo 3M T-Bill Spread -1.0 basis point -6.0 basis points
  
• 2-Year SOFR Swap Spread -15.75 -.25 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -.75 +.25 basis point
  

• N. America Investment Grade Credit Default Swap Index 48.5 -.5%
  

• America Energy Sector High-Yield Credit Default Swap Index 182.0 +.6% 
• Bloomberg TRACE # Distressed Bonds Traded 182.0 +7.0
  

• European Financial Sector Credit Default Swap Index 59.3 -.4%
• Deutsche Bank Subordinated 5Y Credit Default Swap 142.2 +.2%

• Emerging Markets Credit Default Swap Index 157.7 -1.7%
  

• MBS 5/10 Treasury Spread 136.0 +1.0 basis point
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 604.0 -4.0 basis point
  
• Avg. Auto ABS OAS .47 +2.0 basis points
  

• M2 Money Supply YoY % Change +3.9% unch.

• Commercial Paper Outstanding $1,219.5B +.7%

• 4-Week Moving Average of Jobless Claims 216,750 +1.9%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 54.2 +13.6%
  

• Average 30-Year Fixed Home Mortgage Rate 6.94% -6.0 basis points
  

• Weekly Mortgage Applications 224,800 +2.2%

• Weekly Retail Sales +4.8% +30.0 basis points
  
• OpenTable US Seated Diners % Change YoY +3.0% -7.0 percentage points
  
• Box Office Weekly Gross $87.5M -23.1%
  

• Nationwide Gas $3.14/gallon +.03/gallon

• Baltic Dry Index 793.0 +7.9%
• Drewry World Container Freight Index $3,272.5/40 ft Box -2.7%
  

• China (Export) Containerized Freight Index 1,415.0 -6.0%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.5 +25.0%
  
• Truckstop.com Market Demand Index 51.6 -1.8%

• Rail Freight Carloads 291,551 +9.7%
• TSA Total Traveler Throughput 2,211,265 +23.5%
  

Best Performing Style

• Mid-Cap Growth +2.8%
  

Worst Performing Style

•  Mid-Cap Value -.5%

Leading Sectors

• Education +5.4%

• Disk Drives +5.2%
• Social Media +5.1%
  

• Gold & Silver +5.1%
  

• Video Gaming +4.1%
  

Lagging Sectors

• Airlines -1.5%
  

• Healthcare Providers -1.5%
  

• Retail -2.2%

• Agriculture -3.3%
  

• Homebuilding -6.6%
  

Weekly High-Volume Stock Gainers (55)

• DOCS, LEU, SWI, AFRM, NET, SERV, PINS, EXPE, VSAT, TTWO, CRNC, PGY, OKLO, NBIS, G, CLSK, EH, DQ, TDOC, MGNI, HIMS, IIIV, GRRR, PRO, FUTU, UBER, EZPW, MPWR, SPIR, POST, ROAD, PONY, IREN, SSNC, DSP, SMR, BYRN, AMRK, LI, MBX, HOOD, SMCI, OPRA, WFRD, PRTH, TEM, LRN, HTHT, BABA, OPRA, TAL, TKO, FTNT, OPFI, AZPN and GDS

Weekly High-Volume Stock Losers (38)

• GOOG, PAA, PCTY, MCHP, TYRA, HAE, AMZN, HUBG, TEX, SIMO, BCE, OTEX, APD, DHI, ZBRA, IRS, QNST, SYNA, ULTA, CAMT, CYTK, DNB, DLX, ATR, ILMN, RGA, AVTR, ONTO, SKX, ODD, PLRX, SMTC, WBTN, NBIX, ELF, VREX and BILL

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change