S&P 500 5,686.7 +2.9% |
Weekly Market Wrap by Edward Jones.
Indices
- DJIA 41,317.4 +3.0%
- NASDAQ 17,977.7 +3.4%
- Russell 2000 2,020.7 +3.2%
- NYSE FANG+ 12,838.3 +4.1%
- Goldman 50 Most Shorted 167.9 +4.4%
- Wilshire 5000 56,214.0 +3.2%
- Russell 1000 Growth 3,802.8 +3.5%
- Russell 1000 Value 1,823.6 +2.5%
- S&P 500 Consumer Staples 902.4 +1.1%
- Bloomberg Cyclicals/Defensives Index(Ex Telecom) 230.7 +.5%
- NYSE Technology 5,384.4 +4.7%
- Transports 14,119.5 +4.7%
- Utilities 1,041.3 +1.7%
- Bloomberg European Bank/Financial Services 135.42 +2.3%
- MSCI Emerging Markets 45.10 +3.7%
- Credit Suisse AllHedge Long/Short Equity Index 214.41 +.55%
- Credit Suisse AllHedge Equity Market Neutral Index 122.2 +.03%
Sentiment/Internals
- NYSE Cumulative A/D Line 540,489 +.72%
- Nasdaq/NYSE Volume Ratio 13.8 -1.2%
- Bloomberg New Highs-Lows Index 185 +85
- Crude Oil Commercial Bullish % Net Position -19.3 -24.8%
- CFTC Oil Net Speculative Position 170,955 +16.8%
- CFTC Oil Total Open Interest 1,860,519 -3.0%
- Total Put/Call .81 -3.7%
- OEX Put/Call .90 +12.5%
- ISE Sentiment 114.0 -28.0
- NYSE Arms .95 -25.9%
- Bloomberg Global Risk-On/Risk-Off Index 62.5 +3.3%
- Bloomberg US Financial Conditions Index -.16 +10.0 basis points
- Bloomberg European Financial Conditions Index 1.42 +49.0 basis points
- Volatility(VIX) 22.6 -8.5%
- S&P 500 Intraday % Swing .96 -27.3%
- CBOE S&P 500 3M Implied Correlation Index 32.8 -5.4%
- G7 Currency Volatility (VXY) 9.94 +3.11%
- Emerging Markets Currency Volatility (EM-VXY) 8.78 +1.7%
- Smart Money Flow Index 21,664.4 +1.6%
- NAAIM Exposure Index 59.9 +19.2
- ICI Money Mkt Mutual Fund Assets $6.908 Trillion -.06%
- ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$3.240 Million
- AAII % Bulls 20.9 -4.6%
- AAII % Bears 59.3 +6.7%
- CNN Fear & Greed Index 43.0 (FEAR) +8.0
Futures Spot Prices
- CRB Index 289.49 -2.8%
- Crude Oil 58.1/bbl. -8.03%
- Reformulated Gasoline 201.5 -4.3%
- Natural Gas 3.64 +22.5%
- Dutch TTF Nat Gas(European benchmark) 33.1 euros/megawatt-hour +3.5%
- Heating Oil 199.1 -8.3%
- Newcastle Coal 102.8 (1,000/metric ton) +9.0%
- Gold 3,232.9 -2.7%
- Silver 32.05 -3.3%
- S&P GSCI Industrial Metals Index 436.2 -1.3%
- Copper 467.7 -3.3%
- US No. 1 Heavy Melt Scrap Steel 337.0 USD/Metric Tonne -3.7%
- China Iron Ore Spot 96.4 USD/Metric Tonne -1.5
% China Battery Grade Lithium Carbonate 9,500.0 USD/metric tonne -2.3%
- CME Lumber 582.0 +1.4%
- UBS-Bloomberg Agriculture 1,444.0 -2.0%
- US Gulf NOLA Potash Spot 317.5 USD/Short Ton unch.
Economy
- Atlanta Fed GDPNow Q2 Forecast +1.1% +360.0 basis points
- US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 45.7% +3.4 percentage points
- NY Fed Real-Time Weekly Economic Index 2.27 -14.7%
- US Economic Policy Uncertainty Index 398.5 +203.4%
- Bloomberg Global Trade Policy Uncertainty Index 10.7 +.7%
- DOGE Total Taxpayer Dollars Saved $160.0 Billion($1,045.75 Savings Per Taxpayer) unch.
- S&P 500 Current Quarter EPS Growth Rate YoY(357 of 500 reporting) +13.3% -4.3 percentage points
- S&P 500 Blended Forward 12 Months Mean EPS Estimate 275.82 +.39: Growth Rate +11.9% -.2 percentage point, P/E 20.3 +.4
- S&P 500 Current Year Estimated Profit Margin 13.38% -3.0 basis points
- NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +29.1% -14.1 percentage points
- NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 423.82 +5.87: Growth Rate +22.6% +1.7 percentage points, P/E 30.4 +1.4
- Citi US Economic Surprise Index -12.9 -13.8 points
- Citi Eurozone Economic Surprise Index -4.2 +3.6 points
- Citi Emerging Markets Economic Surprise Index 22.6 +10.4 points
- Fed Fund Futures imply 1.8%(-8.6 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 98.2%(+8.6 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 100.07 +.38%
- MSCI Emerging Markets Currency Index 1,788.0 +.79%
- Bitcoin/USD 97,126.5 +3.5%
- Euro/Yen Carry Return Index 184.0 +.3%
- Swiss Franc/Offshore Chinese Renminbi Cross 8.73 -.78%
- Yield Curve(2s/10s) 47.5 -2.25 basis points
- 10-Year US Treasury Yield 4.31% +5.0 basis points
- Federal Reserve's Balance Sheet $6.661 Trillion -.27%
- Federal Reserve's Discount Window Usage $3.329 Billion +13.5%
- U.S. Sovereign Debt Credit Default Swap 56.4 +.6%
- Illinois Municipal Debt Credit Default Swap 282.6 -1.1%
- Italian/German 10Y Yld Spread 110.0 -1.0 basis point
- UK Sovereign Debt Credit Default Swap 21.5 -1.4%
- China Sovereign Debt Credit Default Swap 60.6 -2.1%
- Brazil Sovereign Debt Credit Default Swap 181.9 -.4%
- Israel Sovereign Debt Credit Default Swap 104.6 +1.7%
- South Korea Sovereign Debt Credit Default Swap 30.4 -6.1%
- China Corp. High-Yield Bond USD ETF(KHYB) 23.69 -.57%
- China High-Yield Real Estate Total Return Index 119.7 -1.5%
- 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 +2.61% +7.0 basis points: CPI YoY +2.34% -1.0 basis point
- 1-Year TIPS Spread 3.03% -20.0 basis points
- 10-Year TIPS Spread 2.27 unch.
- Treasury Repo 3M T-Bill Spread -3.75 basis points -5.0 basis points
- 2-Year SOFR Swap Spread -24.25 -.25 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap -1.75 unch.
- N. America Investment Grade Credit Default Swap Index 64.2 -3.1%
- America Energy Sector High-Yield Credit Default Swap Index 294.0 +4.6%
- Bloomberg TRACE # Distressed Bonds Traded 287.0 +33.0
- European Financial Sector Credit Default Swap Index 69.4 -2.1%
- Deutsche Bank Subordinated 5Y Credit Default Swap 163.2 -2.9%
- Emerging Markets Credit Default Swap Index 197.7 +2.2%
- MBS 5/10 Treasury Spread 157.0 +1.0 basis point
- Bloomberg CMBS Investment Grade Bbb Average OAS 643.0 unch.
- Avg. Auto ABS OAS .75 unch.
- M2 Money Supply YoY % Change +4.1% unch.
- Commercial Paper Outstanding $1,403.3B +.2%
- 4-Week Moving Average of Jobless Claims 226,000 +2.5%
- Continuing Claims Unemployment Rate 1.3% +10.0 basis points
- Kastle Back-to-Work Barometer(entries in secured buildings) 59.0 -4.6%
- Average 30-Year Fixed Home Mortgage Rate 6.82% -8.0 basis points
- Weekly Mortgage Applications 223,700 -4.2%
- Weekly Retail Sales +6.7% -30.0 basis points
- OpenTable US Seated Diners % Change YoY +8.0% -2.0 percentage points
- Box Office Weekly Gross $197.6M -8.3%
- Nationwide Gas $3.18/gallon +.02/gallon
- Baltic Dry Index 1,411.0 +2.8%
- Drewry World Container Freight Index $2,091.4/40 ft Box -3.1%
- China (Export) Containerized Freight Index 1,121.1 +.91%
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 40.0 +23.1%
- Truckstop.com Market Demand Index 70.3 +6.9%
- Rail Freight Carloads 268,694 -1.1%
- TSA Total Traveler Throughput 2,743,730 +24.6%
Best Performing Style
- Mid-Cap Growth +4.1%
Worst Performing Style
- Large-Cap Value +2.5%
Leading Sectors
- Education +15.0%
- Software +8.4%
- Networking +7.2%
- Airlines +7.2%
- Construction +5.4%
Lagging Sectors
- Healthcare Providers +.7%
- Foods -.2%
- Energy -.2%
- Telecom -.5%
- Gold & Silver -3.6%
Weekly High-Volume Stock Gainers (83)
- CPS, ADPT, PONY, TRUP, PRDO, IRTC, FLGT, DUOL, RGTI, ASTS, SMMT, BTSG, DXCM, LQDA, IONQ, CART, EXAS, BJRI, FIVE, SVV, HIMS, EH, SAIA, MBX, PSIX, TEX, SNCY, PRLB, ARCB, ATEC, W, SKWD, BZH, DAL, FTDR, SPOT, NCLH, ATI, LAUR, QXO, MAZE, BEN, SHAK, UPST, XHR, GTX, ATGE, PINS, CNI, KEX, CRS, NVO, BHVN, RBLX, LMB, AAL, PLMR, IDCC, HSAI, SNDR, META, CUBE, SWK, HUT, MPWR, CPT, URI, LRN, RXST, JBGS, GEHC, EA, ORCL, BPMC, AMH, OLN, DRS, ITT, EQNR, MRX, NFG, HLN, TROW, TSM, CP, ALKS, H and CSTM
Weekly High-Volume Stock Losers (25)
- MGA, MHK, OHI, ABR, SM, TTWO, HR, GLNG, PRO, ROKU, HUN, HOLX, TEAM, MSI, GDDY, TDS, WLK, CRTO, WK, LMAT, CYTK, SEM, XYZ and TREE
ETFs
Stocks
*5-Day Change
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