Weekly Scoreboard*

 

S&P 500 6,658.0 +1.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 46,326.0 +1.0%

• NASDAQ 22,590.6 +2.0%

• Russell 2000 2,449.8 +2.3%

• NYSE FANG+ 16,444.5 +2.6%

• Goldman 50 Most Shorted 248.7 +8.4%

• Wilshire 5000 65,994.0 +1.1%

• Russell 1000 Growth 4,707.0 +1.6%

• Russell 1000 Value 1,993.3 +.5%

• S&P 500 Consumer Staples 879.9 -1.1%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 260.5 +1.8%
  

• NYSE Technology 7,088.5 +4.6%

• Transports 15,616.0 -.3%

• Utilities 1,090.0 -1.2%

• MSCI Europe Banks 98.5 -.4%
  

• MSCI Emerging Markets 52.9 +1.5%

• Credit Suisse AllHedge Long/Short Equity Index 240.87 +.89%

• Credit Suisse AllHedge Equity Market Neutral Index 126.65 +.16%

Sentiment/Internals

• NYSE Cumulative A/D Line 581,137 +.20%
• Nasdaq/NYSE Volume Ratio 11.8 +36.8%

• Bloomberg New Highs-Lows Index 1,500 -614

• Crude Oil Commercial Bullish % Net Position -11.1 +14.1%

• CFTC Oil Net Speculative Position 81,844 -20.1%

• CFTC Oil Total Open Interest 1,957,115 -1.6%

• Total Put/Call .73 -7.6%

• OEX Put/Call 1.19 +1.5%

• ISE Sentiment 167.0 -2.0

• NYSE Arms .90 -24.8%
  
• Bloomberg Global Risk-On/Risk-Off Index 84.9 +.6%
• Bloomberg US Financial Conditions Index .75 +4.0 basis points
• Bloomberg European Financial Conditions Index 1.51 unch.

• Volatility(VIX) 15.7 +6.6%
• S&P 500 Intraday % Swing .36 +13.2%

• CBOE S&P 500 3M Implied Correlation Index 14.9 +7.1%

• G7 Currency Volatility (VXY) 7.6 -1.7%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.7 -1.8%

• Smart Money Flow Index 24,049.4 -.5%
• NAAIM Exposure Index  84.8 -1.3

• ICI Money Mkt Mutual Fund Assets $7.283 Trillion -.3%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$19.849 Million

• AAII % Bulls 41.7 +48.9%

• AAII % Bears 42.4 -14.3%
• CNN Fear & Greed Index 61.0 (GREED from NEUTRAL) +6.0

Futures Spot Prices

• CRB Index 301.2 +.3%

• Crude Oil 62.70/bbl. +.3%

• Reformulated Gasoline 197.2 -.7%

• Natural Gas 2.90 -2.4%
• Dutch TTF Nat Gas(European benchmark) 32.3 euros/megawatt-hour -1.0%
  

• Heating Oil 230.0 +.3% 
• Newcastle Coal 100.9 (1,000/metric ton) +7.8%

• Gold 3,684.0 +1.0%
• Silver 43.0 +1.8%
  

• S&P GSCI Industrial Metals Index 472.9 -.8%

• Copper 463.9 -.3%

• US No. 1 Heavy Melt Scrap Steel 338.0 USD/Metric Tonne +.3%

• China Iron Ore Spot 107.0 USD/Metric Tonne +1.2%
• China Battery Grade Lithium Carbonate 10,200.0 USD/metric tonne -6.4%

• CME Lumber  568.5 -3.4%

• UBS-Bloomberg Agriculture 1,367.5 -2.0%
• US Gulf NOLA Potash Spot 337.5 USD/Short Ton unch.

Economy

• Atlanta Fed GDPNow Q2 Forecast +3.3% +.2 percentage point

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 36.4 -3.7 percentage points

• NY Fed Real-Time Weekly Economic Index 2.26 -2.2%

• US Economic Policy Uncertainty Index 327.7.0 +51.0%
• Bloomberg Global Trade Policy Uncertainty Index 3.0 +15.0%
• DOGE Total Taxpayer Dollars Saved $206.0 Billion($1,279.50 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(7 of 500 reporting) -.8% n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 293.03 +.88:  Growth Rate +11.9% +.4 percentage point, P/E 22.6 unch.
• S&P 500 Current Year Estimated Profit Margin 13.48% unch.
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 487.96 +2.34: Growth Rate +19.3% +.5 percentage point, P/E 33.5 +.6

• Citi US Economic Surprise Index 13.6 -5.5 points

• Citi Eurozone Economic Surprise Index 23.7 +4.6 points

• Citi Emerging Markets Economic Surprise Index 6.7 -4.8 points

• Fed Fund Futures imply 91.9%(+12.9 percentage points) chance of -25.0 basis point cut to 3.75-4.0%, 8.1%(-7.4 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.25-4.5% on 10/29

• US Dollar Index 97.63 +.02%

• MSCI Emerging Markets Currency Index 1,851.8 +.33%
  

• Bitcoin/USD 115,603.0 -.3%

• Euro/Yen Carry Return Index 196.2 +.3%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.95 -.07%

• Yield Curve(2s/10s) 55.75 +5.75 basis points
  

• 10-Year US Treasury Yield 4.14% +8.0 basis points

• Federal Reserve's Balance Sheet $6.561 Trillion +.04%
• Federal Reserve's Discount Window Usage $4.652 Billion -2.6%

• U.S. Sovereign Debt Credit Default Swap 39.3 +.7%
  

• Illinois Municipal Debt Credit Default Swap 189.1 -3.4%
  

• Italian/German 10Y Yld Spread 79.0 -2.0 basis points
• UK Sovereign Debt Credit Default Swap 19.0 +1.8%

• China Sovereign Debt Credit Default Swap 33.4 -12.0%
  

• Brazil Sovereign Debt Credit Default Swap 126.5 -4.5%
  

• Israel Sovereign Debt Credit Default Swap 74.5 -2.3%

• South Korea Sovereign Debt Credit Default Swap 20.0 +12.7%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.5 +.4%
• China High-Yield Real Estate Total Return Index 125.6 +.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +2.7% -10.0 basis points
• US Urban Consumers Food CPI YoY +3.2% unch.
• CPI Core Services Ex-Shelter YoY +3.5% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.0% unch.: CPI YoY +3.0% unch.
• 1-Year TIPS Spread 2.70 -2.0 basis points
• 10-Year TIPS Spread 2.39 +2.0 basis points

• Treasury Repo 3M T-Bill Spread -14.0 basis points +22.0 basis points
• 2-Year SOFR Swap Spread -24.5 +.75 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap 1.5 +.25 basis point

• N. America Investment Grade Credit Default Swap Index 47.3 -1.1%
  

• America Energy Sector High-Yield Credit Default Swap Index 196.0 -2.3% 
• Bloomberg TRACE # Distressed Bonds Traded 223.0 +2.0 
  

• European Financial Sector Credit Default Swap Index 53.43 -1.0%
• Deutsche Bank Subordinated 5Y Credit Default Swap 116.6 -3.3%

• Emerging Markets Credit Default Swap Index 140.9 +.5%
  

• MBS 5/10 Treasury Spread 123.0 -1.0 basis point
• Bloomberg CMBS Investment Grade Bbb Average OAS 588.0 -1.0 basis points
• Avg. Auto ABS OAS .50 +1.0 basis point

• M2 Money Supply YoY % Change +4.8% unch.

• Commercial Paper Outstanding $1,382.5B -1.3%

• 4-Week Moving Average of Jobless Claims 240,000 -.31%
  

• Continuing Claims Unemployment Rate 1.3% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 55.8 +8.6%
  

• Average 30-Year Fixed Home Mortgage Rate 6.41% -13.0 basis points

• Weekly Mortgage Applications 386,100 +29.7%

• Weekly Retail Sales +6.5% -10.0 basis points
• OpenTable US Seated Diners % Change YoY +7.0% +1.0 percentage point
• Box Office Weekly Gross $159.0M +65.9%

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

• Baltic Dry Index 2,205.0 +3.7%
• Drewry World Container Freight Index $1,913.0/40 ft Box -6.4%
  

• China (Export) Containerized Freight Index 1,120.2 -.5%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 60.0 +26.3%
• Truckstop.com Market Demand Index 68.4 +7.0%

• Rail Freight Carloads 282,930 +11.6%
• TSA Total Traveler Throughput 2,788,214 +38.1% 
• Rasmussen Reports Daily Presidential Approval Tacking Poll 53.0% +5.0 percentage points

Best Performing Style

• Small-Cap Growth +3.2%

Worst Performing Style

• Mid-Cap Value -.2%

Leading Sectors

• Alt Energy +11.7%

• Computer Hardware +6.2%
• Electrification +5.5%

• Software +4.2%
  

• Semis +3.8%
  

Lagging Sectors

• Airlines -1.6%

• Insurance -1.7%
  

• REITs -1.8%

• Homebuilding -2.8%
  

• Education -4.0%
  

Weekly High-Volume Stock Gainers (76)

• BHF, QUBT, OKLO, NNE, SMR, NEGG, LTBR, PONY, RGTI, WYFI, HRTG, UMAC, LEU, SYM, HMY, JOBY, ASTS, ARQQ, QBTS, B, BKSY, WRD, SERV, CCCX, SERV, FVRR, IREN, QS, MGNI, CMCL, TIC, ATEX, DRD, CRNC, MUX, UUUU, SSYS, CDE, PL, DAVE, ES, IONQ, MNDY, SA, LMND, EAF, SKE, KMTS, HOND, EH, SSRM, UBER, FNV, IRS, NBIS, AEM, SKYT, AAON, FLR, ADUR, IRS, SEI, AAON, CENX, CCJ, AMGN, SOUN, BVN, MAMA, FTNT, PLTR, AMPX, CRWV, BE, AAPL and SNDK

Weekly High-Volume Stock Losers (14)

• CBRL, LPLA, FDS, LEN, EPSM, ORLA, HRI, HUM, WPP, CART, VSEC, HESM, DXCM and SCHL

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change