Weekly Scoreboard*

S&P 500 6,117.7 +1.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 44,571.5 +.6%

• NASDAQ 20,007.5 +2.5%

• Russell 2000 2,281.9 +.07%

• NYSE FANG+ 14,022.6 +2.9%

• Goldman 50 Most Shorted 206.4 +1.3%

• Wilshire 5000 60,799.0 +1.4%

• Russell 1000 Growth 4,187.3 +1.9%

• Russell 1000 Value 1,915.99 +.8%

• S&P 500 Consumer Staples 900.6 +2.0%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 249.1 -.8%
  

• NYSE Technology 5,936.4 +4.7%

• Transports 16,578.4 +2.7%

• Utilities 1,010.0 +1.3%

• Bloomberg European Bank/Financial Services 130.2 +1.7%
  

• MSCI Emerging Markets 44.3 +2.2%

• Credit Suisse AllHedge Long/Short Equity Index 219.2 +.7%

• Credit Suisse AllHedge Equity Market Neutral Index 117.0 +.4%

Sentiment/Internals

• NYSE Cumulative A/D Line 541,197 +.04%
• Nasdaq/NYSE Volume Ratio 15.7 +114.5%

• Bloomberg New Highs-Lows Index 574 +237

• Crude Oil Commercial Bullish % Net Position -28.6 +6.3%

• CFTC Oil Net Speculative Position 230,313 -12.8%

• CFTC Oil Total Open Interest 1,765,342 -.96%

• Total Put/Call .82 -12.5%

• OEX Put/Call .80 unch.

• ISE Sentiment 198.0 +19.0 points
  

• NYSE Arms 1.36 +95.0%
  
• Bloomberg Global Risk-On/Risk-Off Index 76.5 unch.
• Bloomberg US Financial Conditions Index .83 +2.0 basis points
• Bloomberg European Financial Conditions Index 1.60 -18.0 basis points
  

• Volatility(VIX) 15.0 -10.3%
• S&P 500 Intraday % Swing .31 -76.8%

• CBOE S&P 500 3M Implied Correlation Index 12.1 -10.2%

• G7 Currency Volatility (VXY) 8.1 -6.2%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.0 -3.7%

• Smart Money Flow Index 20,840.3 +.46%
• NAAIM Exposure Index  75.6 -9.2

• ICI Money Mkt Mutual Fund Assets $6.923 Trillion +.08%

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

• AAII % Bulls 28.4 -14.7%

• AAII % Bears 47.3 +10.3%
• CNN Fear & Greed Index 44.0 (FEAR) +2.0

Futures Spot Prices

• CRB Index 313.19 +1.9%

• Crude Oil 70.8/bbl. -.38%

• Reformulated Gasoline 209.1 -.71%

• Natural Gas 3.74 +13.0%
• Dutch TTF Nat Gas(European benchmark) 50.7 euros/megawatt-hour -9.5%
  

• Heating Oil 246.2 +1.2% 
• Newcastle Coal 106.3 (1,000/metric ton) -6.1%
  

• Gold 2,884.0 +.8%
• Silver 32.4 +1.4%
  

• S&P GSCI Industrial Metals Index 456.7 +1.7%

• Copper 466.10 +1.4%

• US No. 1 Heavy Melt Scrap Steel 359.0 USD/Metric Tonne -.83%

• China Iron Ore Spot 105.0 USD/Metric Tonne -2.0%

• CME Lumber  612.50 +3.0%

• UBS-Bloomberg Agriculture 1,527.7 +2.3%
• US Gulf NOLA Potash Spot 295.0 USD/Short Ton +1.7%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +2.34% -60.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 25.7% -.3 percentage point

• NY Fed Real-Time Weekly Economic Index 2.49 +4.6%

• US Economic Policy Uncertainty Index 238.4 -59.1%
• S&P 500 Current Quarter EPS Growth Rate YoY(384 of 500 reporting) +10.4% -2.2 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 274.99 +.78:  Growth Rate +16.0% +.3 percentage point, P/E 22.2 +.2
• S&P 500 Current Year Estimated Profit Margin 11.81% -2.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +26.6% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 404.53 +1.67: Growth Rate +30.8% +.5 percentage point, P/E 34.6 +.9
  

• Citi US Economic Surprise Index -.5 -3.5 points

• Citi Eurozone Economic Surprise Index 15.0 +10.3 points

• Citi Emerging Markets Economic Surprise Index 5.6 -7.3 points

• Fed Fund Futures imply 2.5%(-5.5 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 97.5%(+5.5 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 106.69 -1.3%

• MSCI Emerging Markets Currency Index 1,740.1 +.15%
  

• Bitcoin/USD 98,427.8 +3.4%

• Euro/Yen Carry Return Index 178.75 +2.3%
  

• Yield Curve(2s/10s) 22.25 +1.5 basis points
  

• 10-Year US Treasury Yield 4.47% -2.0 basis points
  

• Federal Reserve's Balance Sheet $6.768 Trillion +.04%
  
• Federal Reserve's Discount Window Usage $3.199 Billion -7.7%
• Federal Reserve's Bank Term Funding Program $.195 Billion +.04%
  

• U.S. Sovereign Debt Credit Default Swap 34.0 -2.2%
  

• Illinois Municipal Debt Credit Default Swap 207.3 -1.8%
  

• Italian/German 10Y Yld Spread 109.0 -1.0 basis point
• UK Sovereign Debt Credit Default Swap 20.4 -8.4%
  

• China Sovereign Debt Credit Default Swap 44.55 -18.9%
  

• Brazil Sovereign Debt Credit Default Swap 166.6 -4.0%
  

• Israel Sovereign Debt Credit Default Swap 87.7 +3.4%

• South Korea Sovereign Debt Credit Default Swap 29.7 -9.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.96 +.36%
• China High-Yield Real Estate Total Return Index 116.43 +1.80%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +4.1% +10.0 basis points
• 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 +2.66% +14.0 basis points: CPI YoY +2.81% -4.0 basis points
  
• 1-Year TIPS Spread 3.98% +35.0 basis points
  

• Treasury Repo 3M T-Bill Spread -.5 basis point +.5 basis point
  
• 2-Year SOFR Swap Spread -15.25 +.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -.75 unch.

• N. America Investment Grade Credit Default Swap Index 46.8 -3.7%
  

• America Energy Sector High-Yield Credit Default Swap Index 179.0 -1.3% 
• Bloomberg TRACE # Distressed Bonds Traded 180.0 -2.0
  

• European Financial Sector Credit Default Swap Index 56.3 -5.2%
• Deutsche Bank Subordinated 5Y Credit Default Swap 137.2 -3.5%

• Emerging Markets Credit Default Swap Index 150.6 -4.6%
  

• MBS 5/10 Treasury Spread 132.0 -4.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 602.0 -2.0 basis point
  
• Avg. Auto ABS OAS .46 -1.0 basis point

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

• Commercial Paper Outstanding $1,258.8B +3.2%

• 4-Week Moving Average of Jobless Claims 216,000 -.46%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 54.1 -.17%
  

• Average 30-Year Fixed Home Mortgage Rate 6.93% -1.0 basis point

• Weekly Mortgage Applications 230,000 +2.3%

• Weekly Retail Sales +5.3% +55.0 basis points
  
• OpenTable US Seated Diners % Change YoY -74.0% -77.0 percentage points
  
• Box Office Weekly Gross $87.5M -23.1%
  

• Nationwide Gas $3.17/gallon +.03/gallon

• Baltic Dry Index 780.0 -4.3%
• Drewry World Container Freight Index $3,095.1/40 ft Box -5.4%
  

• China (Export) Containerized Freight Index 1,387.0 -2.0%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 +13.3%
  
• Truckstop.com Market Demand Index 59.1 +14.5%

• Rail Freight Carloads 284,056 -2.6%
• TSA Total Traveler Throughput 2,560,756 +40.0%
  

Best Performing Style

• Large-Cap Growth +1.9%
  

Worst Performing Style

•  Small-Cap Growth -.3%

Leading Sectors

• Gambling +10.0%

• Computer Hardware +9.7%
• Video Gaming +5.3%
  

• Digital Health +4.3%
  

• Telecom +4.2%
  

Lagging Sectors

• Airlines -1.5%
  

• Pharma -1.7%
  

• Networking -1.7%

• Defense -3.9%
  

• Construction -4.7%
  

Weekly High-Volume Stock Gainers (69)

• UDMY, KC, MNMD, ABNB, CAE, ROKU, BEAM, PCOR, CRSP, BILI, ELME, DNA, WYNN, PONY, SMCI, NTLA, NMRK, HIMX, TSSI, ARCT, ANAB, DAVE, LC, BFAM, TEM, NBIS, LEG, AL, DXCM, AUR, GDS, FROG, TME, TDOC, BHF, CE, VRNA, LIND, EHTH, THS, ALGM, JD, CWST, HTHT, SOFI, PPC, W, BABA, WTTR, SONY, WMG, STLA, GME, PDD, HWM, FLUT, MRTN, BZ, EQH, BAM, CVNA and DELL

Weekly High-Volume Stock Losers (30)

• CGNX, RDDT, FWONK, KRG, STAA, PG, DDOG, AEM, CC, MGA, MSI, KTOS, LULU, CLBT, FRT, IR, YELP, AMAT, HCC, DRS, DVA, CLW, SA, TWLO, GDDY, VERA, INFA, SOUN and SERV

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change