Weekly Scoreboard*

S&P 500 5,815.4 -2.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 41,703.0 -2.1%

• NASDAQ 18,798.0 -2.1%

• Russell 2000 2,042.0 -3.3%

• NYSE FANG+ 13,491.5 -.9%

• Goldman 50 Most Shorted 171.7 -5.0%

• Wilshire 5000 57,464.7 -2.4%

• Russell 1000 Growth 3,944.3 -2.3%

• Russell 1000 Value 1,832.5 -2.4%

• S&P 500 Consumer Staples 902.6 -.23%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 239.67 -.8%
  

• NYSE Technology 5,645.6 -2.6%

• Transports 14,586.9 -3.8%

• Utilities 1,035.6 -.8%

• Bloomberg European Bank/Financial Services 143.1 -1.2%
  

• MSCI Emerging Markets 46.3 -.07%

• Credit Suisse AllHedge Long/Short Equity Index 215.3 +.7%

• Credit Suisse AllHedge Equity Market Neutral Index 123.1 +.8%

Sentiment/Internals

• NYSE Cumulative A/D Line 545,222 -.37%
• Nasdaq/NYSE Volume Ratio 15.2 -9.0%

• Bloomberg New Highs-Lows Index 51 -266

• Crude Oil Commercial Bullish % Net Position -18.9 +2.0%

• CFTC Oil Net Speculative Position 185,301 +5.6%

• CFTC Oil Total Open Interest 1,948,499 -1.7%

• Total Put/Call .89 +27.1%

• OEX Put/Call .90 -44.7%

• ISE Sentiment 145.0 -7.0

• NYSE Arms .65 -24.1%
  
• Bloomberg Global Risk-On/Risk-Off Index 68.7 -3.2%
• Bloomberg US Financial Conditions Index .27 -10.0 basis points
• Bloomberg European Financial Conditions Index 1.46 +25.0 basis points
  

• Volatility(VIX) 21.9 +25.9%
• S&P 500 Intraday % Swing .70 -18.9%

• CBOE S&P 500 3M Implied Correlation Index 24.0 +20.5%

• G7 Currency Volatility (VXY) 9.34 +8.5%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.69 +2.5%

• Smart Money Flow Index 22,927.9 +3.3%
• NAAIM Exposure Index  80.9 +10.3

• ICI Money Mkt Mutual Fund Assets $6.969 Trillion +.40%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$8.426 Million

• AAII % Bulls 37.7 +5.0%

• AAII % Bears 36.7 -17.3%
• CNN Fear & Greed Index 64.0 (GREED) -7.0

Futures Spot Prices

• CRB Index 296.27 +.14%

• Crude Oil 61.68/bbl. -1.3%

• Reformulated Gasoline 211.2 -1.4%

• Natural Gas 3.33 +.03%
• Dutch TTF Nat Gas(European benchmark) 36.5 euros/megawatt-hour +3.8%
  

• Heating Oil 211.0 -1.5% 
• Newcastle Coal 106.5 (1,000/metric ton) +4.4%

• Gold 3,361.9 +4.9%
• Silver 33.48 +3.7%
  

• S&P GSCI Industrial Metals Index 447.1 -.2%

• Copper 485.8 +6.0%

• US No. 1 Heavy Melt Scrap Steel 340.0 USD/Metric Tonne -.9%

• China Iron Ore Spot 98.1 USD/Metric Tonne -1.4%
• China Battery Grade Lithium Carbonate 9,025.0 USD/metric tonne n/a

• CME Lumber  600.0 -.5%

• UBS-Bloomberg Agriculture 1,454.4 +.4%
• US Gulf NOLA Potash Spot 321.0 USD/Short Ton +1.1%

Economy

• Atlanta Fed GDPNow Q2 Forecast +2.4% unch.

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 37.0 -1.8 percentage points

• NY Fed Real-Time Weekly Economic Index 1.9 -8.2%

• US Economic Policy Uncertainty Index 265.9 -55.2%
• Bloomberg Global Trade Policy Uncertainty Index 5.5 -25.1%
  
• DOGE Total Taxpayer Dollars Saved $170.0 Billion($1,055.90 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(478 of 500 reporting) +11.3% -.6 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 275.88 -.52:  Growth Rate +11.8% -.2 percentage point, P/E 21.2 -.2
• S&P 500 Current Year Estimated Profit Margin 13.30% -4.0 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 425.79 +.58: Growth Rate +23.1% +.1 percentage point, P/E 31.8 -.2
  

• Citi US Economic Surprise Index 6.0 +18.8 points

• Citi Eurozone Economic Surprise Index 12.5 -2.9 points

• Citi Emerging Markets Economic Surprise Index 30.9 +2.3 points

• Fed Fund Futures imply 5.4%(-3.2 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 94.6%(+3.2 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 99.1 -1.8%

• MSCI Emerging Markets Currency Index 1,819.6 +.23%
  

• Bitcoin/USD 108,804.5 +4.6%

• Euro/Yen Carry Return Index 182.0 -.34%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.73 +1.5%

• Yield Curve(2s/10s) 51.5 +5.5 basis points
  

• 10-Year US Treasury Yield 4.51% +7.0 basis points

• Federal Reserve's Balance Sheet $6.641 Trillion -.37%
• Federal Reserve's Discount Window Usage $1.892 Billion -19.2%

• U.S. Sovereign Debt Credit Default Swap 54.4 +1.8%
  

• Illinois Municipal Debt Credit Default Swap 233.1 +1.5%
  

• Italian/German 10Y Yld Spread 102.0 +1.0 basis point
• UK Sovereign Debt Credit Default Swap 19.8 -1.2%

• China Sovereign Debt Credit Default Swap 53.8 +2.8%
  

• Brazil Sovereign Debt Credit Default Swap 169.5 +2.3%
  

• Israel Sovereign Debt Credit Default Swap 103.2 +2.6%

• South Korea Sovereign Debt Credit Default Swap 31.2 +.5%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.89 -.31%
• China High-Yield Real Estate Total Return Index 121.98 -.42%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +3.3% unch.
• US Urban Consumers Food CPI YoY +2.7% unch.
• CPI Core Services Ex-Shelter YoY +3.0% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.60% unch.: CPI YoY +2.40% +2.0 basis points
  
• 1-Year TIPS Spread 2.98% +11.0 basis points
• 10-Year TIPS Spread 2.35 -1.0 basis point

• Treasury Repo 3M T-Bill Spread 7.25 basis points +11.25 basis points
  
• 2-Year SOFR Swap Spread -23.5 -3.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -3.5 -1.75 basis points

• N. America Investment Grade Credit Default Swap Index 59.6 +6.6%
  

• America Energy Sector High-Yield Credit Default Swap Index 251.0 +1.7% 
• Bloomberg TRACE # Distressed Bonds Traded 226.0 -7.0
  

• European Financial Sector Credit Default Swap Index 65.5 +6.4%
• Deutsche Bank Subordinated 5Y Credit Default Swap 153.2 +3.9%

• Emerging Markets Credit Default Swap Index 175.2 +4.0%
  

• MBS 5/10 Treasury Spread 157.0 +5.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 615.0 -2.0 basis points
• Avg. Auto ABS OAS .61 -3.0 basis points

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

• Commercial Paper Outstanding $1,442.9B +1.7%

• 4-Week Moving Average of Jobless Claims 231,500 +.43%
  

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 53.4 -.09%
  

• Average 30-Year Fixed Home Mortgage Rate 6.91% +5.0 basis points

• Weekly Mortgage Applications 238,500 -5.1%

• Weekly Retail Sales +5.6% -20.0 basis points
• OpenTable US Seated Diners % Change YoY +7.0% +2.0 percentage points
• Box Office Weekly Gross $115.5M -39.4%

• Nationwide Gas $3.20/gallon +.01/gallon

• Baltic Dry Index 1,341.0 -3.4%
• Drewry World Container Freight Index $2,276.3/40 ft Box +1.9%
  

• China (Export) Containerized Freight Index 1,107.4 +.23%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 unch.
• Truckstop.com Market Demand Index 85.0 +43.8%

• Rail Freight Carloads 261,549 -4.3%
• TSA Total Traveler Throughput 2,959,287 +28.0%
  

Best Performing Style

• Large-Cap Growth -2.4%
  

Worst Performing Style

• Small-Cap Value -3.8%

Leading Sectors

• Gold & Silver +7.6%

• Biotech +.2%
• Video Gaming +.1%

• Construction -.3%
  

• Pharma -.3%
  

Lagging Sectors

• Regional Banks -4.6%
  

• Digital Health -4.7%
  

• Alt Energy -5.1%

• Oil Service -5.5%
  

• Homebuilding -5.7%
  

Weekly High-Volume Stock Gainers (26)

• LTBR, MRUS, NNE, OKLO, LEU, QUBT, SMR, CCJ, BWXT, X, FLR, INTU, DXYZ, DOMO, MIR, ARQQ, KEP, SEI, RGTI, GME, GOOS, CRWV, IONQ, QBTS, NBIS, GSRT, SPRY and CW

Weekly High-Volume Stock Losers (13)

• BIRK, DAVA, OLLI, HNRG, BULL, ROST, CPRT, WDAY, GOGO, PONY, BAH, MNSO and DECK

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change