Weekly Scoreboard*

S&P 500 6,643.9 -.4%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 46,279.0 unch.

• NASDAQ 22,474.2 -.7%

• Russell 2000 2,432.8 -.8%

• NYSE FANG+ 16,142.8 -2.2%

• Goldman 50 Most Shorted 245.0 -1.1%

• Wilshire 5000 65,733.1 -.5%

• Russell 1000 Growth 4,677.4 -1.0%

• Russell 1000 Value 1,999.7 unch.

• S&P 500 Consumer Staples 866.2 -1.3%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 280.3 -1.0%
  

• NYSE Technology 7,111.4 +.1%

• Transports 15,752.0 +.8%

• Utilities 1,110.7 +1.8%

• MSCI Europe Banks 98.4 -.6%
  

• MSCI Emerging Markets 52.58 -.5%

• Credit Suisse AllHedge Long/Short Equity Index 241.09 +.09%

• Credit Suisse AllHedge Equity Market Neutral Index 127.40 +.59%

Sentiment/Internals

• NYSE Cumulative A/D Line 577,125 -.69%
• Nasdaq/NYSE Volume Ratio 13.0 +10.2%

• Bloomberg New Highs-Lows Index 9 -1,491

• Crude Oil Commercial Bullish % Net Position -12.3 -10.6%

• CFTC Oil Net Speculative Position 98,709 +20.6%

• CFTC Oil Total Open Interest 1,962,620 +.28%

• Total Put/Call .73 -1.4%

• OEX Put/Call 1.08 +28.5%

• ISE Sentiment 165.0 -2.0

• NYSE Arms 1.01 -5.8%
  
• Bloomberg Global Risk-On/Risk-Off Index 85.7 +.9%
• Bloomberg US Financial Conditions Index .66 -9.0 basis points
• Bloomberg European Financial Conditions Index 1.57 +6.0 basis points

• Volatility(VIX) 15.6 +2.0%
• S&P 500 Intraday % Swing .67 +7.7%

• CBOE S&P 500 3M Implied Correlation Index 14.4 -1.3%

• G7 Currency Volatility (VXY) 7.5 -1.2%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.6 -2.8%

• Smart Money Flow Index 24,032.9 -.04%
• NAAIM Exposure Index  86.2 +1.4

• ICI Money Mkt Mutual Fund Assets $7.315 Trillion +.43%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$10.882 Million

• AAII % Bulls 41.7 unch.

• AAII % Bears 39.2 -7.6%
• CNN Fear & Greed Index 61.0 (NEUTRAL from GREED) -9.0

Futures Spot Prices

• CRB Index 303.35 +.7%

• Crude Oil 65.70/bbl. +4.5%

• Reformulated Gasoline 203.60 +3.2%

• Natural Gas 2.84 -2.7%
• Dutch TTF Nat Gas(European benchmark) 32.7 euros/megawatt-hour +1.2%
  

• Heating Oil 242.8 +5.1% 
• Newcastle Coal 106.5 (1,000/metric ton) +5.6%

• Gold 3,779.1 +2.5%
• Silver 46.5 +7.9%
  

• S&P GSCI Industrial Metals Index 478.9 +1.3%

• Copper 478.0 +2.9%

• US No. 1 Heavy Melt Scrap Steel 340.0 USD/Metric Tonne +.6%

• China Iron Ore Spot 103.6 USD/Metric Tonne -2.8%
• China Battery Grade Lithium Carbonate 10,200.0 USD/metric tonne unch.

• CME Lumber  592.0 +4.1%

• UBS-Bloomberg Agriculture 1,360.6 -.45%
• US Gulf NOLA Potash Spot 337.5 USD/Short Ton unch.

Economy

• Atlanta Fed GDPNow Q2 Forecast +3.9% +.6 percentage point

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 34.3 -2.1 percentage points

• NY Fed Real-Time Weekly Economic Index 2.05 -11.0%

• US Economic Policy Uncertainty Index 168.1 -12.3%
• Bloomberg Global Trade Policy Uncertainty Index 2.6 -16.2%
• DOGE Total Taxpayer Dollars Saved $206.0 Billion($1,279.50 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(14 of 500 reporting) +15.8% +16.6 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 293.30 +.27:  Growth Rate +12.1% +.2 percentage point, P/E 22.5 -.1
• S&P 500 Current Year Estimated Profit Margin 13.5% +2.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 489.71 +1.75: Growth Rate +20.5% +1.2 percentage points, P/E 32.8 -.8

• Citi US Economic Surprise Index 27.5 +13.9 points

• Citi Eurozone Economic Surprise Index 11.3 -12.4 points

• Citi Emerging Markets Economic Surprise Index 5.2 -1.5 points

• Fed Fund Futures imply 87.7%(-4.2 percentage points) chance of -25.0 basis point cut to 3.75-4.0%, 12.3%(+4.2 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 98.18 +.6%

• MSCI Emerging Markets Currency Index 1,841.09 -.39%
  

• Bitcoin/USD 109,996.0 -4.4%

• Euro/Yen Carry Return Index 197.67 +.69%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.95 unch.

• Yield Curve(2s/10s) 54.25 -1.5 basis points
  

• 10-Year US Treasury Yield 4.19% +5.0 basis points

• Federal Reserve's Balance Sheet $6.561 Trillion unch.
• Federal Reserve's Discount Window Usage $5.907 Billion +27.0%

• U.S. Sovereign Debt Credit Default Swap 40.8 +3.8%
  

• Illinois Municipal Debt Credit Default Swap 204.3 +8.2%
  

• Italian/German 10Y Yld Spread 84.0 +5.0 basis points
• UK Sovereign Debt Credit Default Swap 21.56 +13.5%

• China Sovereign Debt Credit Default Swap 38.0 +13.8%
  

• Brazil Sovereign Debt Credit Default Swap 138.3 +9.2%
  

• Israel Sovereign Debt Credit Default Swap 79.6+6.8%

• South Korea Sovereign Debt Credit Default Swap 24.8 +25.5%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.63 -.22%
• China High-Yield Real Estate Total Return Index 125.6 -1.0%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +2.7% unch.
• 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 +2.87% -13.0 basis points: CPI YoY +3.0% unch.
• 1-Year TIPS Spread 2.79 +9.0 basis points
• 10-Year TIPS Spread 2.38 -1.0 basis point

• Treasury Repo 3M T-Bill Spread -22.0 basis points -8.0 basis points
• 2-Year SOFR Swap Spread -21.75 +2.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap .25 -1.25 basis points

• N. America Investment Grade Credit Default Swap Index 52.9 +12.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 198.0 +1.6% 
• Bloomberg TRACE # Distressed Bonds Traded 225.0 +2.0 
  

• European Financial Sector Credit Default Swap Index 60.37 +13.0%
• Deutsche Bank Subordinated 5Y Credit Default Swap 132.5 +13.7%

• Emerging Markets Credit Default Swap Index 148.4 +5.3%
  

• MBS 5/10 Treasury Spread 125.0 +2.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 599.0 +11.0 basis points
• Avg. Auto ABS OAS .50 unch.

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

• Commercial Paper Outstanding $1,377.5B -.4%

• 4-Week Moving Average of Jobless Claims 237,500 -1.2%
  

• Continuing Claims Unemployment Rate 1.3% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 55.63 -.34%
  

• Average 30-Year Fixed Home Mortgage Rate 6.33% -8.0 basis points

• Weekly Mortgage Applications 388,300 +.57%

• Weekly Retail Sales +6.2% -30.0 basis points
• OpenTable US Seated Diners % Change YoY +6.0% -1.0 percentage point
• Box Office Weekly Gross $191.0M +20.0%

• Nationwide Gas $3.15/gallon -.05/gallon

• Baltic Dry Index 2,266.0 +2.9%
• Drewry World Container Freight Index $1,760.9/40 ft Box -8.0%
  

• China (Export) Containerized Freight Index 1,087.4 -2.9%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 57.5 -4.2%
• Truckstop.com Market Demand Index 73.8 +7.9%

• Rail Freight Carloads 282,068 -.3%
• TSA Total Traveler Throughput 2,739,557 +28.0% 
• Rasmussen Reports Daily Presidential Approval Tacking Poll 49.0% -4.0 percentage points

Best Performing Style

• Large-Cap Value unch.

Worst Performing Style

• Mid-Cap Growth -1.7%

Leading Sectors

• Education +6.2%

• Oil Service +5.1%
• Energy +5.0%

• Alt Energy +3.1%
  

• Gold & Silver +2.5%
  

Lagging Sectors

• Digital Health -2.7%

• Airlines -3.0%
  

• Social Media -3.0%

• Disk Drives -3.0%
  

• AI/Innovation -3.9%
  

Weekly High-Volume Stock Gainers (49)

• CRNX, SKYT, PPTA, CCRN, PACS, SRRK, MLTX, ARCT, LTBR, HI, CMCL, ATI, MAC, CENX, GFS, MAZE, CDTX, AG, MUX, CLPT, INTC, SYRE, DRD, MBC, BCAX, HMY, AIR, KYMR, PCAR, PTGX, CIEN, BIP, IAG, INVX, IE, HROW, DPZ, GHRS, IDR, BA, XIFR, PAAS, SKE, HXL, IMVT, F, FA, ACN, TSLA and QURE

Weekly High-Volume Stock Losers (7)

• LI, SMLR, TIPT, EPSM, BBNX, KC and CNXC

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change