Weekly Scoreboard*

S&P 500 5,951.4 +5.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 42,660.0 +3.4%

• NASDAQ 19,204.4 +7.1%

• Russell 2000 2,113.3 +4.5%

• NYSE FANG+ 13,624.4 +7.5%

• Goldman 50 Most Shorted 180.7 +8.5%

• Wilshire 5000 58,897.7 +5.2%

• Russell 1000 Growth 4,037.1 +6.9%

• Russell 1000 Value 1,876.4 +3.1%

• S&P 500 Consumer Staples 903.9 +1.4%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 241.8 +3.8%
  

• NYSE Technology 5,800.6 +7.6%

• Transports 15,172.9 +8.1%

• Utilities 1,040.5 +.9%

• Bloomberg European Bank/Financial Services 144.74 +4.1%
  

• MSCI Emerging Markets 46.3 +2.9%

• Credit Suisse AllHedge Long/Short Equity Index 213.73 +.90%

• Credit Suisse AllHedge Equity Market Neutral Index 122.07 +.21%

Sentiment/Internals

• NYSE Cumulative A/D Line 547,224 +.73%
• Nasdaq/NYSE Volume Ratio 16.7 -1.0%

• Bloomberg New Highs-Lows Index 317 +182

• Crude Oil Commercial Bullish % Net Position -19.3 +2.7%

• CFTC Oil Net Speculative Position 175,428 -1.0%

• CFTC Oil Total Open Interest 1,982,266 +4.5%

• Total Put/Call .68 -10.7%

• OEX Put/Call 1.63 +58.5%

• ISE Sentiment 152.0 +16.0

• NYSE Arms .77 -10.1%
  
• Bloomberg Global Risk-On/Risk-Off Index 71.0 +11.8%
• Bloomberg US Financial Conditions Index .37 +32.0 basis points
• Bloomberg European Financial Conditions Index 1.21 +10.0 basis points
  

• Volatility(VIX) 17.3 -20.6%
• S&P 500 Intraday % Swing .50 -40.1%

• CBOE S&P 500 3M Implied Correlation Index 19.4 -36.7%

• G7 Currency Volatility (VXY) 8.61 -8.0%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.48 -4.2%

• Smart Money Flow Index 22,352.7 +.3%
• NAAIM Exposure Index  70.6 -10.5

• ICI Money Mkt Mutual Fund Assets $6.941 Trillion -.07%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$15.972 Million

• AAII % Bulls 35.9 +22.1%

• AAII % Bears 44.4 -13.8%
• CNN Fear & Greed Index 71.0 (GREED) +9.0

Futures Spot Prices

• CRB Index 295.86 +1.3%

• Crude Oil 62.6/bbl. +2.5%

• Reformulated Gasoline 214.4 +1.7%

• Natural Gas 3.34 -12.1%
• Dutch TTF Nat Gas(European benchmark) 35.2 euros/megawatt-hour +1.6%
  

• Heating Oil 214.4 +3.5% 
• Newcastle Coal 102.0 (1,000/metric ton) -1.9%

• Gold 3,187.3 -4.1%
• Silver 32.2 -1.5%
  

• S&P GSCI Industrial Metals Index 452.1 +1.9%

• Copper 458.5 -1.4%

• US No. 1 Heavy Melt Scrap Steel 343.0 USD/Metric Tonne +.9%

• China Iron Ore Spot 99.8 USD/Metric Tonne -.2%
• China Battery Grade Lithium Carbonate 9,025.0 USD/metric tonne -5.0%

• CME Lumber  601.5 +5.1%

• UBS-Bloomberg Agriculture 1,441.4 +.5%
• US Gulf NOLA Potash Spot 317.5 USD/Short Ton unch.

Economy

• Atlanta Fed GDPNow Q2 Forecast +2.4% +10.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 38.8 -2.8 percentage points

• NY Fed Real-Time Weekly Economic Index 2.09 -18.0%

• US Economic Policy Uncertainty Index 571.1 -15.6%
• Bloomberg Global Trade Policy Uncertainty Index 7.7 -13.5%
  
• DOGE Total Taxpayer Dollars Saved $170.0 Billion($1,055.90 Savings Per Taxpayer) +$5.0 Billion
• S&P 500 Current Quarter EPS Growth Rate YoY(462 of 500 reporting) +11.9% -.4 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 276.40 +.41:  Growth Rate +12.0% +.1 percentage point, P/E 21.4 +.9
• S&P 500 Current Year Estimated Profit Margin 13.34% +2.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +29.1% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 425.21 +1.31: Growth Rate +23.0% +.4 percentage point, P/E 32.0 +1.9
  

• Citi US Economic Surprise Index -12.8 -6.8 points

• Citi Eurozone Economic Surprise Index 15.4 +4.8 points

• Citi Emerging Markets Economic Surprise Index 28.6 +3.2 points

• Fed Fund Futures imply 8.6%(-8.6 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 91.4%(+8.6 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.5-4.75% on 6/18

• US Dollar Index 101.1 +.7%

• MSCI Emerging Markets Currency Index 1,814.9 +.3%
  

• Bitcoin/USD 103,994.5 -.4%

• Euro/Yen Carry Return Index 182.67 -.53%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.60 -1.3%

• Yield Curve(2s/10s) 46.0 -3.0 basis points
  

• 10-Year US Treasury Yield 4.44% +7.0 basis points

• Federal Reserve's Balance Sheet $6.666 Trillion +.04%
• Federal Reserve's Discount Window Usage $2.342 Billion -14.5%

• U.S. Sovereign Debt Credit Default Swap 53.4 -3.4%
  

• Illinois Municipal Debt Credit Default Swap 230.0 -11.7%
  

• Italian/German 10Y Yld Spread 101.0 -4.0 basis points
• UK Sovereign Debt Credit Default Swap 20.0 -2.2%

• China Sovereign Debt Credit Default Swap 52.2 -6.9%
  

• Brazil Sovereign Debt Credit Default Swap 166.3 -6.7%
  

• Israel Sovereign Debt Credit Default Swap 100.6 -5.1%

• South Korea Sovereign Debt Credit Default Swap 30.8 +1.4%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.94 +.70%
• China High-Yield Real Estate Total Return Index 122.48 +1.37%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +3.3% -10.0 basis points
• US Urban Consumers Food CPI YoY +2.7% -30.0 basis points
• CPI Core Services Ex-Shelter YoY +3.0% -20.0 basis points
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.60% -1.0 basis point: CPI YoY +2.38% +4.0 basis points
  
• 1-Year TIPS Spread 2.87% -26.0 basis points
• 10-Year TIPS Spread 2.36 +5.0 basis points

• Treasury Repo 3M T-Bill Spread -4.0 basis points -.5 basis point
  
• 2-Year SOFR Swap Spread -20.5 +1.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -1.75 unch.

• N. America Investment Grade Credit Default Swap Index 55.0 -11.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 251.0 -14.0% 
• Bloomberg TRACE # Distressed Bonds Traded 233.0 -17.0
  

• European Financial Sector Credit Default Swap Index 61.6 -7.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 147.4 -6.3%

• Emerging Markets Credit Default Swap Index 168.5 -11.4%
  

• MBS 5/10 Treasury Spread 152.0 -2.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 617.0 -17.0 basis points
• Avg. Auto ABS OAS .64 -7.0 basis points

• M2 Money Supply YoY % Change +4.1% unch.

• Commercial Paper Outstanding $1,419.3B +1.2%

• 4-Week Moving Average of Jobless Claims 230,500 +1.4%
  

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 53.4-.4%
  

• Average 30-Year Fixed Home Mortgage Rate 6.86% +3.0 basis points

• Weekly Mortgage Applications 251,200 +1.1%

• Weekly Retail Sales +5.8% -90.0 basis points
• OpenTable US Seated Diners % Change YoY +5.0% +1.0 percentage point
• Box Office Weekly Gross $197.6M n/a

• Nationwide Gas $3.19/gallon +.04/gallon

• Baltic Dry Index 1,305.0 +.5%
• Drewry World Container Freight Index $2,233.2/40 ft Box +7.6%
  

• China (Export) Containerized Freight Index 1,104.9 -.14%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 -7.7%
• Truckstop.com Market Demand Index 59.1 -13.5%

• Rail Freight Carloads 273,314 +.1%
• TSA Total Traveler Throughput 2,847,304 +34.0%
  

Best Performing Style

• Large-Cap Growth +6.8%
  

Worst Performing Style

• Large-Cap Value +3.0%

Leading Sectors

• Computer Hardware +12.3%

• Shipping +10.4%
• Semis +9.9%

• Road & Rail +9.4%
  

• Retail +8.6%
  

Lagging Sectors

• REITs +.6%
  

• Foods -.5%
  

• Telecom -1.5%

• Healthcare Providers -3.9%
  

• Gold & Silver -7.8%
  

Weekly High-Volume Stock Gainers (41)

• TSSI, QUBT, ACAD, CRWV, SMLR, SERV, LFMD, HUT, QBTS, ACHR, COIN, CDNA, APLS, BILI, HIMS, OSCR, CRSP, GMED, RDFN, RKT, AEVA, TIC, SIBN, MARA, LBRDK, COCO, NBIS, AVTR, PTLO, VIPS, LIF, SEDG, CSIQ, OLLI, AVTR, COOP, DE, LLY, SIMO, MRUS and ZIM

Weekly High-Volume Stock Losers (4)

• VVX, DOCS, TVTX and GLOB

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change