Weekly Scoreboard*

S&P 500 5,520.4 +4.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 40,120.0 +2.4%

• NASDAQ 17,362.4 +6.6%

• Russell 2000 1,952.0 +3.6%

• NYSE FANG+ 12,319.8 +10.7%

• Goldman 50 Most Shorted 160.8 +7.7%

• Wilshire 5000 54,495.0 +4.5%

• Russell 1000 Growth 3,670.5 +6.4%

• Russell 1000 Value 1,775.0 +2.1%

• S&P 500 Consumer Staples 890.1 -1.4%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 229.1 +4.2%
  

• NYSE Technology 5,132.2 +9.2%

• Transports 13,470.2 +.28%

• Utilities 1,022.8 +.24%

• Bloomberg European Bank/Financial Services 132.3 +4.7%
  

• MSCI Emerging Markets 43.4 +3.2%

• Credit Suisse AllHedge Long/Short Equity Index 213.2 +.77%

• Credit Suisse AllHedge Equity Market Neutral Index 122.2 +.48%

Sentiment/Internals

• NYSE Cumulative A/D Line 536,619 +1.0%
• Nasdaq/NYSE Volume Ratio 14.0 +149.8%

• Bloomberg New Highs-Lows Index 100 +87

• Crude Oil Commercial Bullish % Net Position -16.7 -7.8%

• CFTC Oil Net Speculative Position 146,370 +4.9%

• CFTC Oil Total Open Interest 1,918,217 -3.7%

• Total Put/Call .82 -11.0%

• OEX Put/Call .94 +8.3%

• ISE Sentiment 142.0 +29.0

• NYSE Arms 1.14 +38.8%
  
• Bloomberg Global Risk-On/Risk-Off Index 60.5 +12.0%
• Bloomberg US Financial Conditions Index -.26 +21.0 basis points
• Bloomberg European Financial Conditions Index .93 +25.0 basis points
  

• Volatility(VIX) 25.1 -14.3%
• S&P 500 Intraday % Swing .78 -43.6%

• CBOE S&P 500 3M Implied Correlation Index 34.7 -12.9%

• G7 Currency Volatility (VXY) 9.64 -2.7%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.78 -3.6%

• Smart Money Flow Index 21,332.0 -3.8%
• NAAIM Exposure Index  40.7 +5.5

• ICI Money Mkt Mutual Fund Assets $6.913 Trillion +.46%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$1.032 Million

• AAII % Bulls 21.9 -13.8%

• AAII % Bears 55.6 -2.3%
• CNN Fear & Greed Index 35.0 (FEAR) +14.0

Futures Spot Prices

• CRB Index 297.83 +1.8%

• Crude Oil 63.1/bbl. -2.2%

• Reformulated Gasoline 212.1 +1.3%

• Natural Gas 2.92 -9.6%
• Dutch TTF Nat Gas(European benchmark) 32.4 euros/megawatt-hour -8.3%
  

• Heating Oil 217.1 +1.2% 
• Newcastle Coal 94.3 (1,000/metric ton) -4.5%

• Gold 3,290.9 -1.0%
• Silver 32.93 +1.4%
  

• S&P GSCI Industrial Metals Index 444.8 +2.9%

• Copper 484.0 +2.9%

• US No. 1 Heavy Melt Scrap Steel 350.0 USD/Metric Tonne -2.5%

• China Iron Ore Spot 97.6 USD/Metric Tonne -.9%
• China Battery Grade Lithium Carbonate 9,725.0 USD/metric tonne unch.

• CME Lumber  575.0 +.09%

• UBS-Bloomberg Agriculture 1,473.0 +1.3%
• US Gulf NOLA Potash Spot 317.5 USD/Short Ton unch.

Economy

• Atlanta Fed GDPNow 2Q Forecast -2.5% -30.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 42.3% +.4 percentage point

• NY Fed Real-Time Weekly Economic Index 2.7 +4.7%

• US Economic Policy Uncertainty Index 398.5 -6.2%
• Bloomberg Global Trade Policy Uncertainty Index 10.3 -19.5%
  
• DOGE Total Taxpayer Dollars Saved $160.0 Billion($1,045.75 Savings Per Taxpayer) +$10.0 Billion
• S&P 500 Current Quarter EPS Growth Rate YoY(178 of 500 reporting) +17.6% +10.8 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 275.43 -.52:  Growth Rate +12.1% -.2 percentage point, P/E 19.9 +.8
• S&P 500 Current Year Estimated Profit Margin 13.41% -4.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(3 of 10 reporting) +43.2% +19.5 percentage points
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 417.95 +1.07: Growth Rate +20.9% +.3 percentage point, P/E 29.0 +2.3
  

• Citi US Economic Surprise Index .9 +22.7 points

• Citi Eurozone Economic Surprise Index -7.8 -8.4 points

• Citi Emerging Markets Economic Surprise Index 12.2 -1.6 points

• Fed Fund Futures imply 8.8%(-.3 percentage point) chance of -25.0 basis point cut to 4.0-4.25%, 91.2%(+.3 percentage point) 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 99.51 +.12%

• MSCI Emerging Markets Currency Index 1,773.9 +.21%
  

• Bitcoin/USD 95,234.3 +11.7%

• Euro/Yen Carry Return Index 183.3 +.9%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.81 -1.7%

• Yield Curve(2s/10s) 49.75 -2.5 basis points
  

• 10-Year US Treasury Yield 4.26% -7.0 basis points

• Federal Reserve's Balance Sheet $6.680 Trillion unch.
• Federal Reserve's Discount Window Usage $2.933 Billion +5.5%

• U.S. Sovereign Debt Credit Default Swap 56.0 +4.0%
  

• Illinois Municipal Debt Credit Default Swap 285.7 -8.1%
  

• Italian/German 10Y Yld Spread 111.0 -7.0 basis points
• UK Sovereign Debt Credit Default Swap 21.8 -5.2%

• China Sovereign Debt Credit Default Swap 62.0 -9.9%
  

• Brazil Sovereign Debt Credit Default Swap 183.6 -7.0%
  

• Israel Sovereign Debt Credit Default Swap 102.8 -6.0%

• South Korea Sovereign Debt Credit Default Swap 33.1 -5.9%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.8 +1.3%
• China High-Yield Real Estate Total Return Index 121.3 +2.5%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.9% unch.
• Zillow US All Homes Rent Index YoY +3.4% unch.
• US Urban Consumers Food CPI YoY +3.0% unch.
• CPI Core Services Ex-Shelter YoY +3.2% 
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.54% unch.: CPI YoY +2.35% -3.0 basis points
  
• 1-Year TIPS Spread 3.23% +2.0 basis points
• 10-Year TIPS Spread 2.27 +3.0 basis points

• Treasury Repo 3M T-Bill Spread 1.25 basis point +.25 basis point
  
• 2-Year SOFR Swap Spread -24.0 unch.

• 3-Month EUR/USD Cross-Currency Basis Swap -1.75 -.5 basis point

• N. America Investment Grade Credit Default Swap Index 66.9 -4.2%
  

• America Energy Sector High-Yield Credit Default Swap Index 289.0 +2.0% 
• Bloomberg TRACE # Distressed Bonds Traded 254.0 -42.0
  

• European Financial Sector Credit Default Swap Index 70.9 -8.4%
• Deutsche Bank Subordinated 5Y Credit Default Swap 168.1 -8.5%

• Emerging Markets Credit Default Swap Index 193.0 -7.3%
  

• MBS 5/10 Treasury Spread 156.0 -3.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 643.0 unch.
• Avg. Auto ABS OAS .75 +2.0 basis points

• M2 Money Supply YoY % Change +4.1% +20.0 basis points

• Commercial Paper Outstanding $1,401.0B +.5%

• 4-Week Moving Average of Jobless Claims 220,250 -.34%
  

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 53.4 -1.5%
  

• Average 30-Year Fixed Home Mortgage Rate 6.90% -3.0 basis points

• Weekly Mortgage Applications 233,500 -12.7%

• Weekly Retail Sales +7.0%+40.0 basis points
• OpenTable US Seated Diners % Change YoY +10.0% -7.0 percentage points
• Box Office Weekly Gross $215.5M -15.3%

• Nationwide Gas $3.16/gallon -.00/gallon

• Baltic Dry Index 1,353.0 +9.0%
• Drewry World Container Freight Index $2,157.3/40 ft Box -1.6%
  

• China (Export) Containerized Freight Index 1,122.4 +1.0%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 +8.3%
• Truckstop.com Market Demand Index 65.7 -10.8%

• Rail Freight Carloads 271,617 -.99%
• TSA Total Traveler Throughput 2,757,802 +27.9%
  

Best Performing Style

• Large-Cap Growth +6.4%
  

Worst Performing Style

• Large-Cap Value +2.1%

Leading Sectors

• Semis +11.1%

• Computer Hardware +9.3%
• Alt Energy +8.1%

• Internet +8.1%
  

• AI/Robotics +7.3%
  

Lagging Sectors

• Oil Service -1.1%
  

• Telecom -1.5%
  

• Healthcare Provider -1.5%

• Telecom -2.1%
  

• Gold & Silver -2.9%
  

Weekly High-Volume Stock Gainers (34)

• CEP, CSIQ, ZYBT, HONE, SPHR, LBRDK, CHTR, EHC, SPIR, TSLA, SXT, VRSN, NTGR, BWLP, FIX, CLPT, LOAR, SEM, SOFI, HUT, VRT, MSTR, RDDT, DAR, BYD, CMG, FLG, NVGS, TNK, FHI, MARA, DLR and MRX

Weekly High-Volume Stock Losers (15)

• BRO, DOC, HCA, SSNC, CNC, HELE, BULL, ODFL, RYAN, AON, TMUS, APPF, AVTR, SAIA and SMMT

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change