Weekly Scoreboard*

 

S&P 500 5,765.0 -3.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 42,856.8 -2.5%

• NASDAQ 18,218.3 -3.6%

• Russell 2000 2,079.0 -3.9%

• NYSE FANG+ 12,075.7 -6.3%

• Goldman 50 Most Shorted 177.2 -2.9%

• Wilshire 5000 56,936.4 -3.5%

• Russell 1000 Growth 3,804.9 -4.2%

• Russell 1000 Value 1,862.9 -2.4%

• S&P 500 Consumer Staples 902.40 -1.7%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 234.4 -2.2%
  

• NYSE Technology 5,292.3 -2.7%

• Transports 15,599.3 -2.5%

• Utilities 990.15 -1.5%

• Bloomberg European Bank/Financial Services 139.9 +.8%
  

• MSCI Emerging Markets 44.34 +2.9%

• Credit Suisse AllHedge Long/Short Equity Index 221.4 -.3%

• Credit Suisse AllHedge Equity Market Neutral Index 117.0 -.1%

Sentiment/Internals

• NYSE Cumulative A/D Line 536,208 -.5%
• Nasdaq/NYSE Volume Ratio 10.7 -9.3%

• Bloomberg New Highs-Lows Index -142 +311

• Crude Oil Commercial Bullish % Net Position -22.2 +8.6%

• CFTC Oil Net Speculative Position 171,198 -13.4%

• CFTC Oil Total Open Interest 1,768,799 +.9%

• Total Put/Call .90 -1.1%

• OEX Put/Call 1.09 +47.9%

• ISE Sentiment 129.0 -14.0 points
  

• NYSE Arms .69 -3.75%
  
• Bloomberg Global Risk-On/Risk-Off Index 72.2 -4.2%
• Bloomberg US Financial Conditions Index .19 -24.0 basis points
• Bloomberg European Financial Conditions Index 1.44 -18.0 basis points
  

• Volatility(VIX) 24.0 +23.5%
• S&P 500 Intraday % Swing 1.84 -50.2%

• CBOE S&P 500 3M Implied Correlation Index 24.99 +36.7%

• G7 Currency Volatility (VXY) 8.85 +6.1%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.12 +.1%

• Smart Money Flow Index 21,198.7 -4.6%
• NAAIM Exposure Index  75.0 -12.9

• ICI Money Mkt Mutual Fund Assets $7.025 Trillion +.7%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$4.622 Million

• AAII % Bulls 19.3 -.5%

• AAII % Bears 57.1 -5.8%
• CNN Fear & Greed Index 16.0 (EXTREME FEAR) -3.0

Futures Spot Prices

• CRB Index 301.07 -1.6%

• Crude Oil 69.93/bbl. -4.3%

• Reformulated Gasoline 211.11 -5.5%

• Natural Gas 4.37 +11.3%
• Dutch TTF Nat Gas(European benchmark) 39.97 euros/megawatt-hour -9.8%
  

• Heating Oil 221.3 -6.2% 
• Newcastle Coal 108.0 (1,000/metric ton) +10.2%
  

• Gold 2,906.7 +1.7%
• Silver 32.4 +3.9%
  

• S&P GSCI Industrial Metals Index 427.7 +4.1%

• Copper 471.3 +4.0%

• US No. 1 Heavy Melt Scrap Steel 372.0 USD/Metric Tonne +4.2%

• China Iron Ore Spot 100.2 USD/Metric Tonne +.1%
• China Battery Grade Lithium Carbonate 10,425.0 USD/metric tonne -.5%

• CME Lumber  665.0 +4.5%

• UBS-Bloomberg Agriculture 1,450.08 -.6%
• US Gulf NOLA Potash Spot 305.0 USD/Short Ton +4.3%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast -2.41% -93.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 36.3% +1.8 percentage points

• NY Fed Real-Time Weekly Economic Index 2.28 -7.8%

• US Economic Policy Uncertainty Index 878.3 +67.1%
• DOGE Total Taxpayer Dollars Saved $105.0 Billion ($686.27 Savings Per Taxpayer) +$50.0 Billion
• S&P 500 Current Quarter EPS Growth Rate YoY(495 of 500 reporting) +13.5% +.1 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 276.76 +.53:  Growth Rate +12.4% +.1 percentage point, P/E 20.7 -.5
• S&P 500 Current Year Estimated Profit Margin 13.65% -2.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +32.1% +.6 percentage point
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 408.48 -.88: Growth Rate +18.1% -14.3 percentage points, P/E 29.6 -1.3
  

• Citi US Economic Surprise Index -7.4 +9.1 points

• Citi Eurozone Economic Surprise Index 24.6 +1.7 points

• Citi Emerging Markets Economic Surprise Index 4.0 -1.0 point

• Fed Fund Futures imply 5.0%(-3.0 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 95.0%(+3.0 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 103.9 -3.4%

• MSCI Emerging Markets Currency Index 1,755.6 +.8%
  

• Bitcoin/USD 88,217.0 -6.2%

• Euro/Yen Carry Return Index 179.4 +2.6%
  

• Yield Curve(2s/10s) 30.5 +7.75 basis points
  

• 10-Year US Treasury Yield 4.31% +9.0 basis points
  

• Federal Reserve's Balance Sheet $6.710 Trillion -.1%
  
• Federal Reserve's Discount Window Usage $3.647 Billion +28.0%
• Federal Reserve's Bank Term Funding Program $.79 Billion -25.5%
  

• U.S. Sovereign Debt Credit Default Swap 39.73 +4.0%
  

• Illinois Municipal Debt Credit Default Swap 238.44 +9.3%
  

• Italian/German 10Y Yld Spread 112.0 -1.0 basis point
• UK Sovereign Debt Credit Default Swap 19.5 +2.0%
  

• China Sovereign Debt Credit Default Swap 47.8 unch.
  

• Brazil Sovereign Debt Credit Default Swap 174.3 -3.1%
  

• Israel Sovereign Debt Credit Default Swap 81.54 -.6%

• South Korea Sovereign Debt Credit Default Swap 30.6 +5.0%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.3 +.3%
• China High-Yield Real Estate Total Return Index 120.3 +2.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +4.1% 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 +2.62% unch.: CPI YoY +2.83% unch.
  
• 1-Year TIPS Spread 3.99% -12.0 basis points

• Treasury Repo 3M T-Bill Spread -4.0 basis points +.5 basis point
  
• 2-Year SOFR Swap Spread -16.75 -.75 basis point

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

• N. America Investment Grade Credit Default Swap Index 51.58 +5.4%
  

• America Energy Sector High-Yield Credit Default Swap Index 206.0 +10.2% 
• Bloomberg TRACE # Distressed Bonds Traded 205.0 +27.0
  

• European Financial Sector Credit Default Swap Index 57.61 +.3%
• Deutsche Bank Subordinated 5Y Credit Default Swap 131.91 -2.0%

• Emerging Markets Credit Default Swap Index 158.15 +.9%
  

• MBS 5/10 Treasury Spread 132.0 +1.0 basis point
• Bloomberg CMBS Investment Grade Bbb Average OAS 587.0 -2.0 basis points
• Avg. Auto ABS OAS .48 +1.0 basis point

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

• Commercial Paper Outstanding $1,321.4B +1.1%

• 4-Week Moving Average of Jobless Claims 224,250 +.1%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 53.9 +4.6%
  

• Average 30-Year Fixed Home Mortgage Rate 6.7% -30.0 basis points

• Weekly Mortgage Applications 242,200 +20.4%

• Weekly Retail Sales +6.1% +20.0 basis points
  
• OpenTable US Seated Diners % Change YoY +0.0% -9.0 percentage points
  
• Box Office Weekly Gross $207.7M n/a

• Nationwide Gas $3.11/gallon -.00/gallon

• Baltic Dry Index 1,286.0 +4.6%
• Drewry World Container Freight Index $2,540.7/40 ft Box -3.4%
  

• China (Export) Containerized Freight Index 1,211.1 -3.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 -7.7%
  
• Truckstop.com Market Demand Index 65.5 +5.4%

• Rail Freight Carloads 285,774 +7.7%
• TSA Total Traveler Throughput 2,576,197 -3.2%
  

Best Performing Style

• Large-Cap Value -2.9%
  

Worst Performing Style

• Mid-Cap Growth -5.6%

Leading Sectors

• Gold & Silver +4.4%

• Telecom +3.9%
• Homebuilding +2.8%
  

• Foods +2.7%
  

• Shipping +2.4%
  

Lagging Sectors

• Airlines -7.7%
  

• Education -7.8%
  

• Computer Hardware -8.9%

• Banks -9.1%
  

• Gambling -9.4%
  

Weekly High-Volume Stock Gainers (34)

• MLNK, HE, GO, GMY, AVTR, MRNA, WBA, FLGT, CPB, BAH, DG, BILI, MYE, PARA, CAG, MARA, CELC, EXPD, SJM, VAL, RKT, RNPH, GIS, CNH, JKHY, CNH, BIIB, APGE, VZ, MCD and DRD

Weekly High-Volume Stock Losers (63)

• MRX, TKO, HSBC, SRAD, BAM, KKR, CVNA, DSP, HOOD, ALGT, MLM, AJG, MRVL, SPOT, AFRM, KGS, DKNG, BYD, ISRG, ESC, ATGE, TYL, VMC, ATGE, SEI, MELI, EXP, COHU, KNX, GRND, DAL, CMG, DECK, FLUT, AS, NET, CRS, ROKU, CRWD, UAL, GRAL, ESTC, VSCO, TEAM,  COO, ONON, GWRE, COST, RH, BURL, VFC, SWBI, CFLT, WAY, LRN, ARCT, RDDT, HPE, IOT and GRRR

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change