Weekly Scoreboard*

S&P 500 6,260.3 -.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 44,408.3 -1.1%

• NASDAQ 20,614.7 +.2%

• Russell 2000 2,2237.3 -.4%

• NYSE FANG+ 14,817.5 -1.3%

• Goldman 50 Most Shorted 210.5 +1.6%

• Wilshire 5000 61,970.1 -.3%

• Russell 1000 Growth 4,301.4 unch.

• Russell 1000 Value 1,932.9 -.6%

• S&P 500 Consumer Staples 889.6 -1.9%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 251.5 +.7%
  

• NYSE Technology 6,226.9 -.09%

• Transports 16,215.3 +1.0%

• Utilities 1,063.7 +.9%

• Bloomberg European Bank/Financial Services 144.9 +1.7%
  

• MSCI Emerging Markets 48.25 -.9%

• Credit Suisse AllHedge Long/Short Equity Index 225.4 +.12%

• Credit Suisse AllHedge Equity Market Neutral Index 125.4 -.06%

Sentiment/Internals

• NYSE Cumulative A/D Line 566,198 +.3%
• Nasdaq/NYSE Volume Ratio 13.6 +59.5%

• Bloomberg New Highs-Lows Index 969 -437

• Crude Oil Commercial Bullish % Net Position -25.6 +3.2%

• CFTC Oil Net Speculative Position 234,693 +.74%

• CFTC Oil Total Open Interest 1,989,440 +1.4%

• Total Put/Call .81 -29.9%

• OEX Put/Call 1.05 +11.9%

• ISE Sentiment 156.0 -13.0

• NYSE Arms .71 -35.3%
  
• Bloomberg Global Risk-On/Risk-Off Index 76.5 +4.7%
• Bloomberg US Financial Conditions Index .60 +1.0 basis point
• Bloomberg European Financial Conditions Index 1.60 -8.0 basis points 
  

• Volatility(VIX) 16.0 -2.1%
• S&P 500 Intraday % Swing .47 -22.8%

• CBOE S&P 500 3M Implied Correlation Index 17.4 -2.2%

• G7 Currency Volatility (VXY) 8.3 -2.6%
  

• Emerging Markets Currency Volatility (EM-VXY)7.9 +3.4%

• Smart Money Flow Index 23,003.9 +.06%
• NAAIM Exposure Index  86.3 -13.0

• ICI Money Mkt Mutual Fund Assets $7.072 Trillion -.08%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$10.261 Million

• AAII % Bulls 41.4 -8.0%

• AAII % Bears 35.6 +7.6%
• CNN Fear & Greed Index 75.0 (EXTREME GREED) -3.0

Futures Spot Prices

• CRB Index 300.37 -.11%

• Crude Oil 68.6/bbl. +1.7%

• Reformulated Gasoline 219.2 +3.1%

• Natural Gas 3.32 -2.9%
• Dutch TTF Nat Gas(European benchmark) 35.6 euros/megawatt-hour +6.5%
  

• Heating Oil 245.5 +3.3% 
• Newcastle Coal 113.5 (1,000/metric ton) +1.1%

• Gold 3,356.3 +.6%
• Silver 38.5 +4.1%
  

• S&P GSCI Industrial Metals Index 461.9 -1.3%

• Copper 561.2 +9.4%

• US No. 1 Heavy Melt Scrap Steel 346.0 USD/Metric Tonne -.3%

• China Iron Ore Spot 99.8 USD/Metric Tonne +4.7%
• China Battery Grade Lithium Carbonate 8,675.0 USD/metric tonne +4.5%

• CME Lumber  667.0 +.3%

• UBS-Bloomberg Agriculture 1,373.8 -2.2%
• US Gulf NOLA Potash Spot 336.0 USD/Short Ton unch.

Economy

• Atlanta Fed GDPNow Q2 Forecast +2.6% unch.

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 42.8 +.4 percentage point

• NY Fed Real-Time Weekly Economic Index 2.52 +18.3%

• US Economic Policy Uncertainty Index 769.0 +109.3%
• Bloomberg Global Trade Policy Uncertainty Index 8.6 +79.6%
• DOGE Total Taxpayer Dollars Saved $190.0 Billion($1,180.12 Savings Per Taxpayer) +$10.0 Billion
• S&P 500 Current Quarter EPS Growth Rate YoY(20 of 500 reporting) +.6% n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 281.55 +n/a:  Growth Rate +10.7% +n/a percentage point, P/E 22.3 unch.
• S&P 500 Current Year Estimated Profit Margin 13.42% n/a
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 448.09 +n/a: Growth Rate +20.0% +n/a percentage points, P/E 33.2 +n/a

• Citi US Economic Surprise Index 3.3 +5.0 points

• Citi Eurozone Economic Surprise Index 31.6 +3.2 points

• Citi Emerging Markets Economic Surprise Index 23.0 -3.8 points

• Fed Fund Futures imply 6.7%(+.5 percentage point) chance of -25.0 basis point cut to 4.0-4.25%, 93.3%(-.5 percentage point) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.5-4.75% on 7/30

• US Dollar Index 97.81 +.72%

• MSCI Emerging Markets Currency Index 1,848.1 -.55%
  

• Bitcoin/USD 117,716.5 +8.0%

• Euro/Yen Carry Return Index 194.0 +1.3%
• Swiss Franc/Offshore Chinese Renminbi Cross 9.0 +.19%

• Yield Curve(2s/10s) 51.0 +5.0 basis points
  

• 10-Year US Treasury Yield 4.42% +7.0 basis points

• Federal Reserve's Balance Sheet $6.614 Trillion +.05%
• Federal Reserve's Discount Window Usage $6.423 Billion +.45%

• U.S. Sovereign Debt Credit Default Swap 38.6 +.3%
  

• Illinois Municipal Debt Credit Default Swap 219.7 +5.4%
  

• Italian/German 10Y Yld Spread 85.0 +1.0 basis point
• UK Sovereign Debt Credit Default Swap 16.5 unch.

• China Sovereign Debt Credit Default Swap 46.4 -3.1%
  

• Brazil Sovereign Debt Credit Default Swap 148.07 +5.0%
  

• Israel Sovereign Debt Credit Default Swap 78.67 -4.7%

• South Korea Sovereign Debt Credit Default Swap 24.75 -3.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.0 -.04%
• China High-Yield Real Estate Total Return Index 120.69 -.23%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.9% unch.
• Zillow US All Homes Rent Index YoY +3.1% unch.
• US Urban Consumers Food CPI YoY +2.9% unch.
• CPI Core Services Ex-Shelter YoY +3.1% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.68% unch.: CPI YoY +2.64% unch.
• 1-Year TIPS Spread 2.74 +12.0 basis points
• 10-Year TIPS Spread 2.39 +5.0 basis points

• Treasury Repo 3M T-Bill Spread 4.25 basis points +1.0 basis point
• 2-Year SOFR Swap Spread -25.5 -3.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap .75 +.5 basis point

• N. America Investment Grade Credit Default Swap Index 50.5 +2.3%
  

• America Energy Sector High-Yield Credit Default Swap Index 380.3 +4.1% 
• Bloomberg TRACE # Distressed Bonds Traded 183.0 -17.0
  

• European Financial Sector Credit Default Swap Index 57.96 -2.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 128.1 -1.3%

• Emerging Markets Credit Default Swap Index 154.6 +1.9%
  

• MBS 5/10 Treasury Spread 146.0 +3.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 600.0 +2.0 basis points
• Avg. Auto ABS OAS .54 -1.0 basis point

• M2 Money Supply YoY % Change +4.5% unch.

• Commercial Paper Outstanding $1,425.2B -1.0%

• 4-Week Moving Average of Jobless Claims 235,500 -2.4%
  

• Continuing Claims Unemployment Rate 1.3% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.5 -4.4%
  

• Average 30-Year Fixed Home Mortgage Rate 6.73% -5.0 basis points

• Weekly Mortgage Applications 281,600 +9.4%

• Weekly Retail Sales +5.1% +.2 percentage point
• OpenTable US Seated Diners % Change YoY +9.0% +17.0 percentage points
• Box Office Weekly Gross $251.8M +33.5%

• Nationwide Gas $3.17/gallon +.02/gallon

• Baltic Dry Index 1,465.0 +2.0%
• Drewry World Container Freight Index $2,672.4/40 ft Box -5.0%
  

• China (Export) Containerized Freight Index 1,313.7 -2.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 unch.
• Truckstop.com Market Demand Index 53.0 -20.5%

• Rail Freight Carloads 238,536 -10.4%
• TSA Total Traveler Throughput 2,873,345 +17.0% 
• Rasmussen Reports Daily Presidential Approval Tacking Poll 48.0% -2.0 percentage points

Best Performing Style

• Large-Cap Growth unch.

Worst Performing Style

• Mid-Cap Growth -1.5%

Leading Sectors

• Oil Service +3.8%

• Electric Vehicles +3.3%
• Homebuilding +3.3%

• Gambling +3.0%
  

• Electrification +2.4%
  

Lagging Sectors

• Insurance -2.7%
  

• Healthcare Providers -2.9%
  

• Computer Services -3.7%

• Cyber Security -4.0%
  

• Networking -4.1%
  

Weekly High-Volume Stock Gainers (34)

• NEGG, UMAC, AIRO, SDM, SBET, ATRO, MEXT, LEVI, HROW, KTOS, CLBR, AVAV, ADUR, RDW, DFDV, HNGE, CENTA, VEON, ASTS, PSMT, CENX, PFGC, FINV, LPG, GOOS, OR, SOFI, FUTU, REPL, PAAS, VC, HAL, CCIR and USM

Weekly High-Volume Stock Losers (13)

• WPP, RARE, FSS, VIST, ZETA, BHF, BYD, BYRN, OSCR, HELE, TMDX, DCTH and BGL

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change