Weekly Scoreboard*

S&P 500 6,665.5 +1.8%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 46,274.2 +1.7%

• NASDAQ 22,695.9 -1.5%

• Russell 2000 2,412.67 +2.4%

• NYSE FANG+ 16,121.5 +1.6%

• Goldman 50 Most Shorted 275.9 +4.7%

• Wilshire 5000 65,942.6 -1.1%

• Russell 1000 Growth 4,702.6 +1.8%

• Russell 1000 Value 1,995.45 +1.7%

• S&P 500 Consumer Staples 886.1 +2.0%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 245.91 -1.0%
  

• NYSE Technology 7,334.2 +3.7%

• Transports 15,710.6 +4.2%

• Utilities 1,153.0 +1.2%

• MSCI Europe Banks 98.1 +.8%
  

• MSCI Emerging Markets 54.3 +5.1%

• Credit Suisse AllHedge Long/Short Equity Index 242.32 -.11%

• Credit Suisse AllHedge Equity Market Neutral Index 126.35 +.25%

Sentiment/Internals

• NYSE Cumulative A/D Line 581,023 +.06%
• Nasdaq/NYSE Volume Ratio 12.4 +59.3%

• Bloomberg New Highs-Lows Index 533 -212

• Crude Oil Commercial Bullish % Net Position -12.4 n/a

• CFTC Oil Net Speculative Position 102,958 n/a

• CFTC Oil Total Open Interest 1,936,690 n/a

• Total Put/Call .86 -10.4%

• OEX Put/Call 1.12 -1.3%

• ISE Sentiment 173.0 -6.0

• NYSE Arms .90 +19.5%
  
• Bloomberg Global Risk-On/Risk-Off Index 76.1 -6.5%
• Bloomberg US Financial Conditions Index .21 -46.0 basis points
• Bloomberg European Financial Conditions Index 1.27 -4.0 basis points

• Volatility(VIX) 22.4 +4.0%
• S&P 500 Intraday % Swing .82 -74.5%

• CBOE S&P 500 3M Implied Correlation Index 18.3 -3.5%

• G7 Currency Volatility (VXY) 7.62 -1.4%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.86 +2.7%

• Smart Money Flow Index 23,481.8 -2.9%
• NAAIM Exposure Index  84.9 +.3

• ICI Money Mkt Mutual Fund Assets $7.367 Trillion -.24%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$3.666 Million

• AAII % Bulls 33.7 -26.6%

• AAII % Bears 46.1 +29.5%
• CNN Fear & Greed Index 24.0 (EXTREME FEAR from FEAR) -10.0

Futures Spot Prices

• CRB Index 299.33 -2.7%

• Crude Oil 57.6/bbl. -1.5%

• Reformulated Gasoline 183.77 +1.2%

• Natural Gas 3.00 -4.0%
• Dutch TTF Nat Gas(European benchmark) 31.8 euros/megawatt-hour -.3%
  

• Heating Oil 218.1 -.9% 
• Newcastle Coal 109.1 (1,000/metric ton) +2.1%

• Gold 4,242.5 +4.6%
• Silver 51.8 +2.3%
  

• S&P GSCI Industrial Metals Index 495.5 +.9%

• Copper 499.8 +2.6%

• US No. 1 Heavy Melt Scrap Steel 350.0 USD/Metric Tonne unch.

• China Iron Ore Spot 103.9 USD/Metric Tonne -3.8%
• China Battery Grade Lithium Carbonate 10,250.0 USD/metric tonne -.7%

• CME Lumber  634.0 +3.9%

• UBS-Bloomberg Agriculture 1,330.4 +.6%
• US Gulf NOLA Potash Spot 327.5 USD/Short Ton -.8%

Economy

• Atlanta Fed GDPNow Q2 Forecast +3.9% +.1 percentage point

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 41.2 +3.9 percentage points

• NY Fed Real-Time Weekly Economic Index 2.51 +2.5%

• US Economic Policy Uncertainty Index 413.8 +76.7%
• Bloomberg Global Trade Policy Uncertainty Index 4.9 +93.5%
• DOGE Total Taxpayer Dollars Saved $214.0 Billion($1,329.19 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(58 of 500 reporting) +16.0% +6.3 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 295.94 +1.06:  Growth Rate +13.0% +.3 percentage point, P/E 22.4 -.4
• S&P 500 Current Year Estimated Profit Margin 13.48% -1.0 basis point
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 480.32 +2.32: Growth Rate +18.3% +.5 percentage point, P/E 33.4 -1.0

• Citi US Economic Surprise Index 9.8 -3.1 points

• Citi Eurozone Economic Surprise Index -2.0 +3.2 points

• Citi Emerging Markets Economic Surprise Index 8.7 +4.5 points

• Fed Fund Futures imply 99.0%(+.7 percentage point) chance of -25.0 basis point cut to 3.75-4.0%, 0.0%(-1.7 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 98.44 -.4%

• MSCI Emerging Markets Currency Index 1,843.2 +.27%
  

• Bitcoin/USD 116,670.5 -7.5%

• Euro/Yen Carry Return Index 198.7 -.01%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.99 +.7%

• Yield Curve(2s/10s) 54.0 +1.0 basis point
  

• 10-Year US Treasury Yield 4.0% -5.0 basis points

• Federal Reserve's Balance Sheet $6.549 Trillion +.08%
• Federal Reserve's Discount Window Usage $6.082 Billion +8.2%

• U.S. Sovereign Debt Credit Default Swap 40.95 -1.9%
  

• Illinois Municipal Debt Credit Default Swap 213.80 +2.6%
  

• Italian/German 10Y Yld Spread 80.0 -2.0 basis points
• UK Sovereign Debt Credit Default Swap 21.5 -3.0%

• China Sovereign Debt Credit Default Swap 45.62 +5.9%
  

• Brazil Sovereign Debt Credit Default Swap 147.9 -6.1%
  

• Israel Sovereign Debt Credit Default Swap 73.4 +5.0%

• South Korea Sovereign Debt Credit Default Swap 24.5 -5.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.54 +.47%
• China High-Yield Real Estate Total Return Index 125.4 -.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +2.6% -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 +2.87% unch.: CPI YoY +2.99% unch.
• 1-Year TIPS Spread 2.60 -2.0 basis points
• 10-Year TIPS Spread 2.28 -4.0 basis points

• Treasury Repo 3M T-Bill Spread -32.5 basis points -8.5 basis points
• 2-Year SOFR Swap Spread -23.5 -1.0 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -3.75 -1.75 basis points

• N. America Investment Grade Credit Default Swap Index 54.4 -2.6%
  

• America Energy Sector High-Yield Credit Default Swap Index 210.0 +5.2% 
• Bloomberg TRACE # Distressed Bonds Traded 243.0 +45.0 
  

• European Financial Sector Credit Default Swap Index 62.5 -.6%
• Deutsche Bank Subordinated 5Y Credit Default Swap 135.1 -.2%

• Emerging Markets Credit Default Swap Index 154.2 -2.2%
  

• MBS 5/10 Treasury Spread 122.0 -2.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 603.0 unch.
• Avg. Auto ABS OAS .56 +2.0 basis points

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

• Commercial Paper Outstanding $1,311.4B -2.7%

• 4-Week Moving Average of Jobless Claims 237,500 n/a

• Continuing Claims Unemployment Rate 1.3% n/a
• Kastle Back-to-Work Barometer(entries in secured buildings) 54.0 -2.4%
  

• Average 30-Year Fixed Home Mortgage Rate 6.39% -1.0 basis point

• Weekly Mortgage Applications 317,200 -1.8%

• Weekly Retail Sales +5.9% -20.0 basis points
• OpenTable US Seated Diners % Change YoY +10.0% -6.0 percentage points
• Box Office Weekly Gross $102.5M -.11%

• Nationwide Gas $3.05/gallon -.05/gallon

• Baltic Dry Index 2,046.0 +5.7%
• Drewry World Container Freight Index $1,650.9/40 ft Box +2.2%
  

• China (Export) Containerized Freight Index 973.1 -4.1%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 55.0 +22.2%
• Truckstop.com Market Demand Index 71.5 -5.5%

• Rail Freight Carloads 273,900 -1.7%
• TSA Total Traveler Throughput 2,438,958 -17.3% 
• Rasmussen Reports Daily Presidential Approval Tacking Poll 49.0% -2.0 percentage points

Best Performing Style

• Small-Cap Value +2.1%

Worst Performing Style

• Mid-Cap Growth +.5%

Leading Sectors

• Computer Hardware +5.1%

• Semis +5.0%
• Alt Energy +4.7%

• Shipping +4.1%
  

• Retail +3.7%
  

Lagging Sectors

• Defense -1.5%

• Electrification -1.6%
  

• Regional Banks -2.4%

• Computer Services -3.8%
  

• Insurance -4.5%
  

Weekly High-Volume Stock Gainers (24)

• LBRT, IRON, PRAX, RVMD, AXP, BETR, KEP, APPF, GILD, CNS, HROW, EBC, HONE, PRM, ZGN, SKY, FUTU, GRND, TFC, HDB, COF, OTF, IBN and BTQ

Weekly High-Volume Stock Losers (28)

• NAMS, STT, OXLC, DB, IONQ, GBCI, SRRK, USAR, NN, CCJ, SAND, RGLD, ORCL, UUUU, AIRO, SKYT, NBIS, UEC, ASPI, AUGO, PAAS, SKE, PGNY, IDR, DRD, PPTA, UAMY and HIMS

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change