Weekly Scoreboard*

S&P 500 6,456.9 -.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 45,528.7 -.2%

• NASDAQ 21,454.1 -.2%

• Russell 2000 2,361.1 unch.

• NYSE FANG+ 15,290.2 +.5%

• Goldman 50 Most Shorted 219.1 -.6%

• Wilshire 5000 63,981.0 -.1%

• Russell 1000 Growth 4,477.8 -.1%

• Russell 1000 Value 1,978.2 -.2%

• S&P 500 Consumer Staples 887.2 -1.7%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 255.2 +1.2%
  

• NYSE Technology 6,361.9 -.3%

• Transports 15,853.7 -1.5%

• Utilities 1,090.7 -1.7%

• MSCI Europe Banks 95.8 -3.6%
  

• MSCI Emerging Markets 49.8 -1.5%

• Credit Suisse AllHedge Long/Short Equity Index 237.8 +.9%

• Credit Suisse AllHedge Equity Market Neutral Index 126.2 -.1%

Sentiment/Internals

• NYSE Cumulative A/D Line 574,137 +.8%
• Nasdaq/NYSE Volume Ratio 14.5 +86.7%

• Bloomberg New Highs-Lows Index 1,137 +1,021

• Crude Oil Commercial Bullish % Net Position -15.0 -2.5%

• CFTC Oil Net Speculative Position 120,209 +3.0%

• CFTC Oil Total Open Interest 1,922,821 -4.4%

• Total Put/Call .78 -10.8%

• OEX Put/Call 1.4 -2.7%

• ISE Sentiment 166.0 +31.0

• NYSE Arms .71 -44.6%
  
• Bloomberg Global Risk-On/Risk-Off Index 79.8 -2.9%
• Bloomberg US Financial Conditions Index .66 +10.0 basis points
• Bloomberg European Financial Conditions Index 1.53 +14.0 basis points 
  

• Volatility(VIX) 15.7 +9.7%
• S&P 500 Intraday % Swing .73 -50.34%

• CBOE S&P 500 3M Implied Correlation Index 15.6 +14.1%

• G7 Currency Volatility (VXY) 8.0 +2.3%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.1 +.1%

• Smart Money Flow Index 23,054.5 +.9%
• NAAIM Exposure Index  92.9 +16.0

• ICI Money Mkt Mutual Fund Assets $7.207 Trillion +.2%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$4.447 Million

• AAII % Bulls 34.6 +12.3%

• AAII % Bears 39.4 -12.0%
• CNN Fear & Greed Index 64.0 (GREED) +3.0

Futures Spot Prices

• CRB Index 301.75 +1.1%

• Crude Oil 64.01/bbl. +.4%

• Reformulated Gasoline 218.8 -.2%

• Natural Gas 3.0 +11.3%
• Dutch TTF Nat Gas(European benchmark) 31.6 euros/megawatt-hour -5.5%
  

• Heating Oil 226.7 -1.8% 
• Newcastle Coal 109.6 (1,000/metric ton) unch.

• Gold 3,444.6 +2.1%
• Silver 39.7 +2.1%
  

• S&P GSCI Industrial Metals Index 462.9 -.3%

• Copper 451.1 +1.0%

• US No. 1 Heavy Melt Scrap Steel 344.0 USD/Metric Tonne -.9%

• China Iron Ore Spot 102.5 USD/Metric Tonne -.7%
• China Battery Grade Lithium Carbonate 11,525.0 USD/metric tonne +17.6%

• CME Lumber  554.5 -8.2%

• UBS-Bloomberg Agriculture 1,404.8 +.09%
• US Gulf NOLA Potash Spot 335.0 USD/Short Ton -.7%

Economy

• Atlanta Fed GDPNow Q2 Forecast +3.5% 

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 44.4 +1.0 percentage point

• NY Fed Real-Time Weekly Economic Index 2.6 +2.8%

• US Economic Policy Uncertainty Index 243.9 +7.0%
• Bloomberg Global Trade Policy Uncertainty Index 4.3 +2.2%
• DOGE Total Taxpayer Dollars Saved $205.0 Billion($1,273.29 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(489 of 500 reporting) +12.4% +n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 289.55 +n/a:  Growth Rate +10.6% +n/a percentage point, P/E 22.5 +n/a
• S&P 500 Current Year Estimated Profit Margin 13.52% +9.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(9 of 10 reporting) +27.9% +n/a
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 475.35 +n/a: Growth Rate +16.3% +n/a percentage points, P/E 32.7 +n/a

• Citi US Economic Surprise Index 25.2 -7.8 points

• Citi Eurozone Economic Surprise Index 22.2 -6.5 points

• Citi Emerging Markets Economic Surprise Index 7.2 +9.3 points

• Fed Fund Futures imply 86.9%(+2.2 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 13.1%(-2.2 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.5-4.75% on 9/17

• US Dollar Index 97.81 +.05%

• MSCI Emerging Markets Currency Index 1,836.7 +.23%
  

• Bitcoin/USD 108,134.6 -3.9%

• Euro/Yen Carry Return Index 194.06 -.11%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.90 +.5%

• Yield Curve(2s/10s) 60.25 +4.75 basis points
  

• 10-Year US Treasury Yield 4.22% -4.0 basis points

• Federal Reserve's Balance Sheet $6.556 Trillion -.23%
• Federal Reserve's Discount Window Usage $4.683 Billion +.9%

• U.S. Sovereign Debt Credit Default Swap 39.3 +3.7%
  

• Illinois Municipal Debt Credit Default Swap 199.69 -1.6%
  

• Italian/German 10Y Yld Spread 86.0 +5.0 basis points
• UK Sovereign Debt Credit Default Swap 18.28 +6.9%

• China Sovereign Debt Credit Default Swap 43.8 +2.9%
  

• Brazil Sovereign Debt Credit Default Swap 136.7 -2.4%
  

• Israel Sovereign Debt Credit Default Swap 74.7 +1.4%

• South Korea Sovereign Debt Credit Default Swap 19.94 +4.8%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.29 -.5%
• China High-Yield Real Estate Total Return Index 124.4 +1.2%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +2.8% -10.0 basis points
• US Urban Consumers Food CPI YoY +2.9% unch.
• CPI Core Services Ex-Shelter YoY +3.6% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.95% +6.0 basis points: CPI YoY +2.84% unch.
• 1-Year TIPS Spread 2.78 +4.0 basis points
• 10-Year TIPS Spread 2.42 unch.

• Treasury Repo 3M T-Bill Spread -18.5 basis points -2.0 basis points
• 2-Year SOFR Swap Spread -22.75 +2.25 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap 1.5 -1.0 basis point

• N. America Investment Grade Credit Default Swap Index 50.8 +3.6%
  

• America Energy Sector High-Yield Credit Default Swap Index 203.0 -4.1% 
• Bloomberg TRACE # Distressed Bonds Traded 206.0 -13.0 
  

• European Financial Sector Credit Default Swap Index 59.3 +8.8%
• Deutsche Bank Subordinated 5Y Credit Default Swap 128.4 +8.0%

• Emerging Markets Credit Default Swap Index 144.06 +.03%
  

• MBS 5/10 Treasury Spread 136.0 -1.0 basis point
• Bloomberg CMBS Investment Grade Bbb Average OAS 581.0 +1.0 basis point
• Avg. Auto ABS OAS .50 -1.0 basis point

• M2 Money Supply YoY % Change +4.8% +30.0 basis points

• Commercial Paper Outstanding $1,404.9B unch.

• 4-Week Moving Average of Jobless Claims 228,500 +1.1%
  

• Continuing Claims Unemployment Rate 1.3% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 52.3 -.2%
  

• Average 30-Year Fixed Home Mortgage Rate 6.63% -3.0 basis points

• Weekly Mortgage Applications 275,800 -.5%

• Weekly Retail Sales +6.0% +20.0 basis points
• OpenTable US Seated Diners % Change YoY +10.0% -2.0 percentage points
• Box Office Weekly Gross $197.5M +9.2%

• Nationwide Gas $3.20/gallon +.06/gallon

• Baltic Dry Index 2,017.0 +6.6%
• Drewry World Container Freight Index $2,119.2/40 ft Box -5.8%
  

• China (Export) Containerized Freight Index 1,156.3 -1.6%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 35.0 unch.
• Truckstop.com Market Demand Index 60.3 -2.2%

• Rail Freight Carloads 282,550 -.5%
• TSA Total Traveler Throughput 2,833,372 +29.7% 
• Rasmussen Reports Daily Presidential Approval Tacking Poll 48.0% -1.0 percentage point

Best Performing Style

• Mid-Cap Growth +.7%

Worst Performing Style

• Mid-Cap Value -.5%

Leading Sectors

• Computer Hardware +3.9%

• Gold & Silver +3.8%
• Networking +3.1%

• Energy +3.0%
  

• Nuclear +2.9%
  

Lagging Sectors

• Shipping -1.7%

• Semis -1.7%
  

• Utilities -1.8%

• Road & Rail -3.7%
  

• Education -4.4%
  

Weekly High-Volume Stock Gainers (23)

• AMBA, IREN, BABA, ZEPP, DQ, AFRM, DOOO, ADSK, SKE, BIDU, OS, SA, JOYY, S, DIN, CNXC, GFI, SSRM, SBH, DRD, CELH and CDNA

Weekly High-Volume Stock Losers (16)

• SGHC, CYTK, NWG, CECO, BULL, ULTA, DUOL, DELL, DOMO, SPRY, TSSI, ARX, CHA, AEVA, MESO and MRVL

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change