Weekly Scoreboard*

S&P 500 5,630.5 -2.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 41,441.8 -3.1%

• NASDAQ 17,728.2 -2.6%

• Russell 2000 2,039.9 -1.8%

• NYSE FANG+ 12,016.1 -.9%

• Goldman 50 Most Shorted 169.8 -3.9%

• Wilshire 5000 55,608.3 -2.4%

• Russell 1000 Growth 3,706.9 -2.8%

• Russell 1000 Value 1,823.7 -2.1%

• S&P 500 Consumer Staples 866.0 -4.3%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 234.1 -.02%
  

• NYSE Technology 5,242.9 -1.3%

• Transports 14,599.5 -6.5%

• Utilities 1,005.5 +1.4%

• Bloomberg European Bank/Financial Services 138.2 -1.2%
  

• MSCI Emerging Markets 44.5 +.2%

• Credit Suisse AllHedge Long/Short Equity Index 219.88 -.66%

• Credit Suisse AllHedge Equity Market Neutral Index 118.6 +1.3%

Sentiment/Internals

• NYSE Cumulative A/D Line 531,796 -.8%
• Nasdaq/NYSE Volume Ratio 11.9 +11.2%

• Bloomberg New Highs-Lows Index -718 -576

• Crude Oil Commercial Bullish % Net Position -19.8 +10.8%

• CFTC Oil Net Speculative Position 154,841 -9.6%

• CFTC Oil Total Open Interest 1,816,244 +2.7%

• Total Put/Call .96 +7.8%

• OEX Put/Call .58 -43.8%

• ISE Sentiment 127.0 +10.0 points
  

• NYSE Arms .65 +5.7%
  
• Bloomberg Global Risk-On/Risk-Off Index 74.1 +2.6%
• Bloomberg US Financial Conditions Index .02 -17.0 basis points
• Bloomberg European Financial Conditions Index 1.21 -23.0 basis points
  

• Volatility(VIX) 22.1 -3.5%
• S&P 500 Intraday % Swing 1.20 -41.5%

• CBOE S&P 500 3M Implied Correlation Index 24.8 +6.4%

• G7 Currency Volatility (VXY) 8.31 -6.1%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.82 -3.9%

• Smart Money Flow Index 20,086.9 -.55%
• NAAIM Exposure Index  68.8 -6.2

• ICI Money Mkt Mutual Fund Assets $7.024 Trillion -.02%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$3.524 Million

• AAII % Bulls 19.1 -1.0%

• AAII % Bears 59.2 +3.7%
• CNN Fear & Greed Index 20.0 (EXTREME FEAR) +4.0

Futures Spot Prices

• CRB Index 303.0 +.64%

• Crude Oil 67.2/bbl. +.06%

• Reformulated Gasoline 214.89 +1.6%

• Natural Gas 4.12 -6.6%
• Dutch TTF Nat Gas(European benchmark) 42.3 euros/megawatt-hour +9.1%
  

• Heating Oil 221.3 -2.3% 
• Newcastle Coal 108.0 (1,000/metric ton) +1.07%
  

• Gold 2,984.8 +2.7%
• Silver 33.78 +3.8%
  

• S&P GSCI Industrial Metals Index 474.7 +1.0%

• Copper 489.7 +3.9%

• US No. 1 Heavy Melt Scrap Steel 373.0 USD/Metric Tonne +.27%

• China Iron Ore Spot 102.2 USD/Metric Tonne -1.7%
• China Battery Grade Lithium Carbonate 10,425.0 USD/metric tonne unch.

• CME Lumber  665.0 -.2%

• UBS-Bloomberg Agriculture 1,457.3 +.44%
• US Gulf NOLA Potash Spot 312.5 USD/Short Ton +2.5%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast -2.41% unch.

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 34.8% -1.5 percentage points

• NY Fed Real-Time Weekly Economic Index 2.65 +18.3%

• US Economic Policy Uncertainty Index 468.9 -31.0%
• DOGE Total Taxpayer Dollars Saved $115.0 Billion($751.63 Savings Per Taxpayer) +$10.0 Billion
• S&P 500 Current Quarter EPS Growth Rate YoY(498 of 500 reporting) +13.1% -.4 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 277.35 +.59:  Growth Rate +12.6% +.2 percentage point, P/E 19.9 -.8
• S&P 500 Current Year Estimated Profit Margin 13.57% -8.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +32.1% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 411.13 +2.65: Growth Rate +18.9% +.8 percentage point, P/E 28.4 -1.2
  

• Citi US Economic Surprise Index -9.7 -2.3 points

• Citi Eurozone Economic Surprise Index 23.5 -1.1 points

• Citi Emerging Markets Economic Surprise Index 2.8 -1.2 points

• Fed Fund Futures imply 1.0%(-1.0 percentage point) chance of -25.0 basis point cut to 4.0-4.25%, 99.0%(+1.0 percentage point) 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 103.72 -.2%

• MSCI Emerging Markets Currency Index 1,754.2 -.14%
  

• Bitcoin/USD 88,370.0 +1.5%

• Euro/Yen Carry Return Index 181.0 +.8%
  

• Yield Curve(2s/10s) 29.5 -1.0 basis point
  

• 10-Year US Treasury Yield 4.30% -1.0 basis point

• Federal Reserve's Balance Sheet $6.713 Trillion +.1%
  
• Federal Reserve's Discount Window Usage $2.760 Billion -24.3%
• Federal Reserve's Bank Term Funding Program $0.0 Billion -100.0%
  

• U.S. Sovereign Debt Credit Default Swap 40.8 +3.1%
  

• Illinois Municipal Debt Credit Default Swap 253.2 +6.5%
  

• Italian/German 10Y Yld Spread 112.0 unch.
• UK Sovereign Debt Credit Default Swap 19.36 -.9%
  

• China Sovereign Debt Credit Default Swap 49.5 +4.3%
  

• Brazil Sovereign Debt Credit Default Swap 177.2 +1.6%
  

• Israel Sovereign Debt Credit Default Swap 81.9 +.4%

• South Korea Sovereign Debt Credit Default Swap 31.8 +4.0%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.3 unch.
• China High-Yield Real Estate Total Return Index 120.2 -.08%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +4.0% -10.0 basis points
• Zillow US All Homes Rent Index YoY +3.5% unch.
  
• US Urban Consumers Food CPI YoY +2.6% +10.0 basis points
• CPI Core Services Ex-Shelter YoY +3.9% -30.0 basis points
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.60% -2.0 basis points: CPI YoY +2.46% -37.0 basis points
  
• 1-Year TIPS Spread 3.98% -1.0 basis point

• Treasury Repo 3M T-Bill Spread -.5 basis points +3.5 basis points
  
• 2-Year SOFR Swap Spread -16.75 unch.

• 3-Month EUR/USD Cross-Currency Basis Swap -.5 -1.25 basis points

• N. America Investment Grade Credit Default Swap Index 55.28 +7.4%
  

• America Energy Sector High-Yield Credit Default Swap Index 206.0 +.79% 
• Bloomberg TRACE # Distressed Bonds Traded 232.0 +27.0
  

• European Financial Sector Credit Default Swap Index 61.1 +6.0%
• Deutsche Bank Subordinated 5Y Credit Default Swap 139.0 +5.3%

• Emerging Markets Credit Default Swap Index 162.4 +3.3%
  

• MBS 5/10 Treasury Spread 136.0 +4.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 595.0 +8.0 basis points
• Avg. Auto ABS OAS .52 +4.0 basis points

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

• Commercial Paper Outstanding $1,359.6B +2.9%

• 4-Week Moving Average of Jobless Claims 226,000 +.7%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 54.5 +1.1%
  

• Average 30-Year Fixed Home Mortgage Rate 6.71% +1.0 basis point

• Weekly Mortgage Applications 269,300 +11.2%

• Weekly Retail Sales +5.7% -40.0 basis points
  
• OpenTable US Seated Diners % Change YoY -1.0% -1.0 percentage point
• Box Office Weekly Gross $207.7M n/a

• Nationwide Gas $3.08/gallon -.03/gallon

• Baltic Dry Index 1,650.0 +17.9%
• Drewry World Container Freight Index $2,367.8/40 ft Box -6.8%
  

• China (Export) Containerized Freight Index 1,191.7 -1.6%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 +8.3%
  
• Truckstop.com Market Demand Index 71.35 +9.0%

• Rail Freight Carloads 277,955 -2.7%
• TSA Total Traveler Throughput 2,705,385 +18.6%
  

Best Performing Style

• Small-Cap Growth -1.5%
  

Worst Performing Style

• Large-Cap Growth -3.0%

Leading Sectors

• Gold & Silver +4.8%

• Disk Drives +2.4%
• Energy +2.4%
  

• Construction +1.4%
  

• Utilities +1.2%
  

Lagging Sectors

• Computer Services -5.5%
  

• Road & Rail -5.8%
  

• Restaurants -6.0%

• Retail -6.1%
  

• Airlines -6.4%
  

Weekly High-Volume Stock Gainers (62)

• RDUS, AAOI, GRRR, RBRK, RGTI, DOCU, PD, SMTC, LX, IONQ, WRD, TTAN, HNRG, TGTX, TTAN, VNET, MSTR, SMMT, ROOT, TYRA, CCI, EH, FUTU, APP, PLTR, CGON, MP, SEI, TRML, CC, SPOT, ACMR, QFIN, MU, SCHW, TREE, ZLAB, CVLT, MKSI, ENVA, KRNT, SPSC, MNSO, PBR/A, AS, NVDA, YUMC, PWR, MTAL, GXO, FMS, ACVA, MUFG, ERJ, MLYS, MNR, ARGX, MWA, DASH, CYD, ERII, ALHC and IOT

Weekly High-Volume Stock Losers (4)

• GAP, LI, M and VRNA

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change