Weekly Scoreboard*

S&P 500 5,654.2 +.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 41,886.4 +1.0%

• NASDAQ 17,698.5 -.4%

• Russell 2000 2,060.4 +.7%

• NYSE FANG+ 12,019.8 -.4%

• Goldman 50 Most Shorted 173.4 +1.9%

• Wilshire 5000 55,881.5 +.3%

• Russell 1000 Growth 3,710.1 -.2%

• Russell 1000 Value 1,844.2 +.9%

• S&P 500 Consumer Staples 864.2 -.30%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 235.4 +.1%
  

• NYSE Technology 5,277.7 +.5%

• Transports 14,557.5 -.6%

• Utilities 1,007.5 -.2%

• Bloomberg European Bank/Financial Services 140.1 +1.4%
  

• MSCI Emerging Markets 44.5 +.2%

• Credit Suisse AllHedge Long/Short Equity Index 220.3 +.2%

• Credit Suisse AllHedge Equity Market Neutral Index 119.4 +.7%

Sentiment/Internals

• NYSE Cumulative A/D Line 537,280 +.8%
• Nasdaq/NYSE Volume Ratio 6.6 -44.5%

• Bloomberg New Highs-Lows Index -16 +702

• Crude Oil Commercial Bullish % Net Position -20.0 -1.1%

• CFTC Oil Net Speculative Position 164,126 +6.0%

• CFTC Oil Total Open Interest 1,793,310 -1.3%

• Total Put/Call .86 -13.4%

• OEX Put/Call .58 +1.9%

• ISE Sentiment 125.0 -2.0 points
  

• NYSE Arms .89 +.64%
  
• Bloomberg Global Risk-On/Risk-Off Index 74.6 +.7%
• Bloomberg US Financial Conditions Index .28 +26.0 basis points
• Bloomberg European Financial Conditions Index 1.43 +22.0 basis points
  

• Volatility(VIX) 19.5 -10.3%
• S&P 500 Intraday % Swing .76 -48.2%

• CBOE S&P 500 3M Implied Correlation Index 23.0 -6.9%

• G7 Currency Volatility (VXY) 8.27 -.5%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.12 +3.8%

• Smart Money Flow Index 20,205.5 +.6%
• NAAIM Exposure Index  64.6 -4.2

• ICI Money Mkt Mutual Fund Assets $7.002 Trillion -.31%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$4.896 Million

• AAII % Bulls 21.6 +13.1%

• AAII % Bears 58.1 -1.9%
• CNN Fear & Greed Index 22.0 (EXTREME FEAR) +2.0

Futures Spot Prices

• CRB Index 307.4 +1.5%

• Crude Oil 68.3/bbl. +1.6%

• Reformulated Gasoline 219.5 +1.9%

• Natural Gas 4.0 -2.3%
• Dutch TTF Nat Gas(European benchmark) 42.6 euros/megawatt-hour +.9%
  

• Heating Oil 221.3 +3.7% 
• Newcastle Coal 101.1 (1,000/metric ton) -5.3%
  

• Gold 3,014.5 +1.1%
• Silver 32.96 -2.4%
  

• S&P GSCI Industrial Metals Index 474.0 +.2%

• Copper 511.30 +4.6%

• US No. 1 Heavy Melt Scrap Steel 375.0 USD/Metric Tonne +.54%

• China Iron Ore Spot 100.4 USD/Metric Tonne -1.6%
• China Battery Grade Lithium Carbonate 10,375.0 USD/metric tonne -.48%

• CME Lumber  671.0 +1.5%

• UBS-Bloomberg Agriculture 1,463.9 +.5%
• US Gulf NOLA Potash Spot 312.5 USD/Short Ton unch.

Economy

• Atlanta Fed GDPNow 2Q Forecast -1.76% +65.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 36.8% +2.0 percentage points

• NY Fed Real-Time Weekly Economic Index 2.32 -10.4%

• US Economic Policy Uncertainty Index 389.8 -20.7%
• DOGE Total Taxpayer Dollars Saved $115.0 Billion($751.63 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(13 of 500 reporting) +8.4% n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 277.58 +.23:  Growth Rate +12.7% +.1 percentage point, P/E 20.4 +.5
• S&P 500 Current Year Estimated Profit Margin 13.56% -1.0 basis point
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 412.31 +1.18: Growth Rate +19.2% +.3 percentage point, P/E 29.1 +.7
  

• Citi US Economic Surprise Index -5.1 +4.6 points

• Citi Eurozone Economic Surprise Index 23.0 -.5 point

• Citi Emerging Markets Economic Surprise Index 5.7 +2.9 points

• Fed Fund Futures imply 14.3%(-13.4 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 85.7%(+13.9 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.5-4.75% on 5/7

• US Dollar Index 104.1 +.4%

• MSCI Emerging Markets Currency Index 1,759.3 +.1%
  

• Bitcoin/USD 83,970.0 +.8%

• Euro/Yen Carry Return Index 181.1 -.2%
  

• Yield Curve(2s/10s) 30.0 +.5 basis point
  

• 10-Year US Treasury Yield 4.25% -5.0 basis points

• Federal Reserve's Balance Sheet $6.709 Trillion -.05%
  
• Federal Reserve's Discount Window Usage $2.517 Billion -8.8%

• U.S. Sovereign Debt Credit Default Swap 40.5 -.5% (new series in multiple CDS indices)
  

• Illinois Municipal Debt Credit Default Swap 274.4 +8.5%
  

• Italian/German 10Y Yld Spread 111.0 -1.0 basis point
• UK Sovereign Debt Credit Default Swap 20.2 +4.4%

• China Sovereign Debt Credit Default Swap 51.1 +3.4%
  

• Brazil Sovereign Debt Credit Default Swap 191.1 +7.3%
  

• Israel Sovereign Debt Credit Default Swap 86.4 +5.6%

• South Korea Sovereign Debt Credit Default Swap 35.0 +10.8%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.36 +.3%
• China High-Yield Real Estate Total Return Index 120.24 +.14%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +4.0% unch.
• Zillow US All Homes Rent Index YoY +3.4% -10.0 basis points
• US Urban Consumers Food CPI YoY +2.6% unch.
• CPI Core Services Ex-Shelter YoY +3.9% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.60% unch.: CPI YoY +2.46% unch.
  
• 1-Year TIPS Spread 3.84% -14.0 basis points

• Treasury Repo 3M T-Bill Spread -.75 basis points -.25 basis point
  
• 2-Year SOFR Swap Spread -18.0 -1.25 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap 0.0 +.5 basis point

• N. America Investment Grade Credit Default Swap Index 59.5 +8.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 208.0 +.33% 
• Bloomberg TRACE # Distressed Bonds Traded 220.0 -12.0
  

• European Financial Sector Credit Default Swap Index 65.1 +6.7%
• Deutsche Bank Subordinated 5Y Credit Default Swap 147.2 +5.9%

• Emerging Markets Credit Default Swap Index 184.9 +13.5%
  

• MBS 5/10 Treasury Spread 136.0 unch.
• Bloomberg CMBS Investment Grade Bbb Average OAS 603.0 +8.0 basis points
• Avg. Auto ABS OAS .58 +6.0 basis points

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

• Commercial Paper Outstanding $1,384.7B +1.8%

• 4-Week Moving Average of Jobless Claims 227,000 +.33%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 53.9 -1.1%
  

• Average 30-Year Fixed Home Mortgage Rate 6.73% +2.0 basis points

• Weekly Mortgage Applications 252,500 -6.2%

• Weekly Retail Sales +5.5% -20.0 basis points
  
• OpenTable US Seated Diners % Change YoY +11.0% +12.0 percentage points
• Box Office Weekly Gross $79.5M +7.2%

• Nationwide Gas $3.13/gallon +.05/gallon

• Baltic Dry Index 1,635.0 -2.0%
• Drewry World Container Freight Index $2,263.9/40 ft Box -4.4%
  

• China (Export) Containerized Freight Index 1,147.8 -3.7%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 +8.3%
  
• Truckstop.com Market Demand Index 75.02 +5.2%

• Rail Freight Carloads 277,446 -.18%
• TSA Total Traveler Throughput 2,768,297 +11.4%
  

Best Performing Style

• Mid-Cap Growth +1.7%
  

Worst Performing Style

• Large-Cap Growth -.1%

Leading Sectors

• I-Banking +3.6%

• Energy +3.2%
• Education +3.2%
  

• Healthcare Providers +2.6%
  

• Retailers +2.4%
  

Lagging Sectors

• Semis -.9%
  

• Steel -.9%
  

• AI/Robotics -1.2%

• Electric Vehicles -1.6%
  

• Computer Services -2.4%
  

Weekly High-Volume Stock Gainers (18)

• RGC, OUST, SCHL, ALNY, SMCI, ROOT, CYTK, RIVN, BA, ROKU, RBLX, SIG, CPRX, MUFG, RH, GRPN, GRND and AEO

Weekly High-Volume Stock Losers (19)

• PSO, TIGO, CRH, MAR, SCS, LEN, SCSC, PK, NKE, BCH, WS, NUE, PKX, LMT, KC, FDX, MU, MNSO and KLC

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change