Weekly Scoreboard*

S&P 500 6,758.9 +.4%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 47,294.2 +.6%

• NASDAQ 22,997.8 -.3%

• Russell 2000 2,393.6 -1.6%

• NYSE FANG+ 16,420.0 unch.

• Goldman 50 Most Shorted 235.5 -6.2%
• Vaneck Social Sentiment 33.19 -5.4%

• Wilshire 5000 66,617.2 +.5%

• Russell 1000 Growth 4,758.3 +.3%

• Russell 1000 Value 2,017.5 +.4%

• S&P 500 Consumer Staples 860.9 +.7%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 254.4 -.5%
  

• NYSE Technology 7,260.1 -1.4%

• Transports 16,107.4 -.6%

• Utilities 1,118.8 -.8%

• MSCI Europe Banks 106.7 +5.6%
  

• MSCI Emerging Markets 54.91 +.9%

• Credit Suisse AllHedge Long/Short Equity Index 248.16 +1.3%

• Credit Suisse AllHedge Equity Market Neutral Index 126.7 +.2%

Sentiment/Internals

• NYSE Cumulative A/D Line 582,504 +.06%
• Nasdaq/NYSE Volume Ratio 16.3 +10.8%

• Bloomberg New Highs-Lows Index -7 +39

• 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 .91 -9.2%

• OEX Put/Call 2.56 +4.4%

• ISE Sentiment 129.0 -1.5%

• NYSE Arms .97 +11.7%
  
• Bloomberg Global Risk-On/Risk-Off Index 89.8 +7.4%
• Bloomberg US Financial Conditions Index .49 unch.
• Bloomberg European Financial Conditions Index 1.29 -5.0 basis points

• Volatility(VIX) 20.4 +6.0%
• S&P 500 Intraday % Swing 1.82 +22.3%

• CBOE S&P 500 3M Implied Correlation Index 17.8 +6.8%

• G7 Currency Volatility (VXY) 7.43 +4.1%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.5 +5.0%

• Smart Money Flow Index 23,324.3 +3.0%
• NAAIM Exposure Index  87.9 -2.2

• ICI Money Mkt Mutual Fund Assets $7.536 Trillion +.02%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$9.844 Million

• AAII % Bulls 31.6 -16.8%

• AAII % Bears 49.1 +35.3%
• CNN Fear & Greed Index 24.0 (EXTREME FEAR) unch.

Futures Spot Prices

• CRB Index 302.4 +.02%

• Crude Oil 60.1/bbl. +.6%

• Reformulated Gasoline 201.3 +3.9%

• Natural Gas 4.54 +4.1%
• Dutch TTF Nat Gas(European benchmark) 31.3 euros/megawatt-hour +2.6%
  

• Heating Oil 253.2 +2.7% 
• Newcastle Coal 111.0 (1,000/metric ton) -.45%

• Gold 4,093.7 +2.3%
• Silver 50.9 +5.4%
  

• S&P GSCI Industrial Metals Index 510.6 +1.7%

• Copper 506.3 +1.9%

• US No. 1 Heavy Melt Scrap Steel 355.0 USD/Metric Tonne unch.

• China Iron Ore Spot 102.6 USD/Metric Tonne +.4%
• China Battery Grade Lithium Carbonate 11,475.0 USD/metric tonne +5.0%

• CME Lumber  561.5 -2.0%

• UBS-Bloomberg Agriculture 1,348.0 +.6%
• US Gulf NOLA Potash Spot 320.0 USD/Short Ton -2.3%

Economy

• Atlanta Fed GDPNow Q2 Forecast +4.0% unch.

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 36.4 +1.3 percentage points

• NY Fed Real-Time Weekly Economic Index 2.0 -11.9%

• US Economic Policy Uncertainty Index 686.2 +12.3%
• Bloomberg Global Trade Policy Uncertainty Index 1.6 -21.4%
• DOGE Total Taxpayer Dollars Saved $214.0 Billion($1,329.19 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(460 of 500 reporting) +11.5% n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 301.95 +n/a:  Growth Rate +15.4% +n/a, P/E 22.3 -n/a
• S&P 500 Current Year Estimated Profit Margin 13.5% +2.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +10.0% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 497.85 +n/a: Growth Rate +22.5% +n/a, P/E 32.8 -n/a

• Citi US Economic Surprise Index 9.70 -2.8 points

• Citi Eurozone Economic Surprise Index 30.8 -4.0 points

• Citi Emerging Markets Economic Surprise Index 28.2 -1.1 points

• Fed Fund Futures imply 43.6%(-23.3 percentage points) chance of -25.0 basis point cut to 3.5-3.75%, 56.4%(+23.3 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.0-4.25% on 12/10/25

• US Dollar Index 99.3 -.21%

• MSCI Emerging Markets Currency Index 1,838.4 +.23%
  

• Bitcoin/USD 95,150.5 -8.2%

• Euro/Yen Carry Return Index 203.4 +1.3%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.94 +1.0%

• Yield Curve(2s/10s) 53.5 +.25 basis point
  

• 10-Year US Treasury Yield 4.14% +2.0 basis points

• Federal Reserve's Balance Sheet $6.533 Trillion +.11%
• Federal Reserve's Discount Window Usage $6.533 Billion -9.8%

• U.S. Sovereign Debt Credit Default Swap 35.3 -9.4%
  

• Illinois Municipal Debt Credit Default Swap 193.7 +1.2%
  

• Italian/German 10Y Yld Spread 75.0 -2.0 basis points
• UK Sovereign Debt Credit Default Swap 20.0 +1.4%

• China Sovereign Debt Credit Default Swap 44.0 +1.8%
  

• Brazil Sovereign Debt Credit Default Swap 143.0 -1.1%
  

• Israel Sovereign Debt Credit Default Swap 69.4 -5.1%

• South Korea Sovereign Debt Credit Default Swap 22.25 -4.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.43 +.21%
• China High-Yield Real Estate Total Return Index 121.68 -.5%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +2.6% unch.
• US Urban Consumers Food CPI YoY +3.1% unch.
• CPI Core Services Ex-Shelter YoY +3.3% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.85% unch.: CPI YoY +2.96% unch.
• 1-Year TIPS Spread 2.67 -1.0 basis point
• 10-Year TIPS Spread 2.30 +1.0 basis point

• Treasury Repo 3M T-Bill Spread -9.5 basis points -5.0 basis points
• 2-Year SOFR Swap Spread -21.5 -.75 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -5.0 -2.25 basis points

• N. America Investment Grade Credit Default Swap Index 53.5 -.03%
  

• America Energy Sector High-Yield Credit Default Swap Index 190.0 -1.2% 
• High-Yield Tech Sector OAS Index 427.2 +2.7% 
• Bloomberg TRACE # Distressed Bonds Traded 219.0 -26.0 
  

• European Financial Sector Credit Default Swap Index 58.8 -2.4%

• Emerging Markets Credit Default Swap Index 136.9 -1.2%
  

• MBS 5/10 Treasury Spread 129.0 +6.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 614.0 +4.0 basis points
• Avg. Auto ABS OAS .57 -1.0 basis point

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

• Commercial Paper Outstanding $1,316.0B -.5%

• 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) 54.8 +.1%
  

• Average 30-Year Fixed Home Mortgage Rate 6.29% +2.0 basis points

• Weekly Mortgage Applications 334,200 +.6%

• Weekly Retail Sales +5.9% +.5 percentage point
• OpenTable US Seated Diners % Change YoY +6.0% -11.0 percentage points
• Box Office Weekly Gross $81.1M -25.1%

• Nationwide Gas $3.08/gallon -.00/gallon

• Baltic Dry Index 2,077.0 -1.3%
• Drewry World Container Freight Index $1,858.7/40 ft Box -5.1%
  

• China (Export) Containerized Freight Index 1,094.0 +3.4%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 75.0 +20.0%
• Truckstop.com Market Demand Index 60.1 -3.5%

• Rail Freight Carloads 268,842 -.33%
• TSA Total Traveler Throughput 2,434,486 +17.1% 
• Rasmussen Reports Daily Presidential Approval Tacking Poll 44.0% -1.0 percentage point

Best Performing Style

• Large-Cap Value +.4%

Worst Performing Style

• Small-Cap Growth -2.4%

Leading Sectors

• Pharma +6.9%

• Gold & Silver +6.1%
• Biotech +34.8%

• Energy +3.4%
  

• Medical Equipment -2.4%
  

Lagging Sectors

• Telecom -2.1%

• Alt Energy -3.4%
  

• Gambling -4.3%

• Nuclear -4.8%
  

• Electrification -6.5%
  

Weekly High-Volume Stock Gainers (51)

• CDTX, SRRK, AVDL, FIGR, CSIQ, SEPN, LGN, KURA, EWTX, DNTH, TERN, IMNM, PRAX, INBX, INVX, MSIF, SNDK, ABVX, PCVX, TTMI, MH, MODG, DASH, GPCR, ATEX, WHR, CNTA, SMFG, CGON, FLY, NAMS, UPB, RVMD, YPF, REZI, BKV, PGY, RIGL, APGE, ORIC, EC, AXTI, GEV, SOBO, ASND, AGIO, ASND, SQM, LOMA and ACLX

Weekly High-Volume Stock Losers (14)

• ALKS, CAI, BTDR, CHRM, OXLC, KRUS, NBIS, JD, WYFI, HTFL, TWST, AIRO, DGNX and STUB

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change