Weekly Scoreboard*

S&P 500 6,775.0 +1.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 49,498.5 +2.3%

• NASDAQ 23,708.0 +2.0%

• Russell 2000 2,624.6 +4.9%

• NYSE FANG+ 15,829.4 +1.4%

• Goldman 50 Most Shorted 265.1 +7.3%
• Vaneck Social Sentiment 35.0 +5.3%

• Wilshire 5000 68,990.0 +1.8%

• Russell 1000 Growth 4,802.9 +1.0%

• Russell 1000 Value 2,143.9 +2.6%

• S&P 500 Consumer Staples 881.7 +1.9%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 273.6 +3.3%
  

• NYSE Technology 7,568.1 +2.5%

• Transports 18,164.3 +3.4%

• Utilities 1,070.7 -.6%

• MSCI Europe Banks 114.9 -.4%
  

• MSCI Emerging Markets 57.0 +1.7%

• Credit Suisse AllHedge Long/Short Equity Index 252.1 +.8%

• Credit Suisse AllHedge Equity Market Neutral Index 130.5 +.8%

Sentiment/Internals

• NYSE Cumulative A/D Line 594,460 +1.0%
• Nasdaq/NYSE Volume Ratio 11.8 +32.2%

• Bloomberg New Highs-Lows Index 698 +301

• Crude Oil Commercial Bullish % Net Position -7.9 +3.9%

• CFTC Oil Net Speculative Position 64,591 -.5%

• CFTC Oil Total Open Interest 1,898,257 +1.9%

• Total Put/Call .73 -12.2%

• OEX Put/Call .61 +18.2%

• ISE Sentiment 155.0 +4.6%

• NYSE Arms 1.3 +42.5%
  
• Bloomberg Global Risk-On/Risk-Off Index 101.4 +.3%
• Bloomberg US Financial Conditions Index .81 +3.0 basis points
• Bloomberg European Financial Conditions Index 1.66 -33.0 basis points

• Volatility(VIX) 14.6 -.1%
• S&P 500 Intraday % Swing .73 -29.0%

• CBOE S&P 500 3M Implied Correlation Index 12.3 -3.1%

• G7 Currency Volatility (VXY) 6.7 -2.3%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.3 -5.6%

• Smart Money Flow Index 19,775.9 -3.4%
• NAAIM Exposure Index  97.7 +4.8

• ICI Money Mkt Mutual Fund Assets $7.804 Trillion +1.8%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$29.308 Million

• AAII % Bulls 42.5 +1.2%

• AAII % Bears 30.0 +11.1%
• CNN Fear & Greed Index 51.0 (Moved to NEUTRAL from FEAR) +7.0

Futures Spot Prices

• CRB Index 302.4 +1.2%

• Crude Oil 59.1/bbl. +3.6%

• Reformulated Gasoline 178.2 +5.0%

• Natural Gas 3.16 -12.2%
• US Power PJM Western Hub Peak Forward Y1 67.5 USD/Megawatt -3.1% 
• Dutch TTF Nat Gas(European benchmark) 28.4 euros/megawatt-hour -1.5%
  

• Heating Oil 213.5 +1.3% 
• Newcastle Coal 107.5 (1,000/metric ton) unch.

• Gold 4,500.9 +3.8%
• Silver 80.0 +9.9%
  

• Bloomberg Industrial Metals Index 169.8 +3.5%

• Copper 589.6 +3.6%

• US No. 1 Heavy Melt Scrap Steel 376.0 USD/Metric Tonne +1.9%

• China Iron Ore Spot 108.9 USD/Metric Tonne +2.9%
• China Battery Grade Lithium Carbonate 17,150.0 USD/metric tonne +15.3%

• CME Lumber  563.5 -1.7%

• UBS-Bloomberg Agriculture 1,326.3 +.6%
• US Gulf NOLA Potash Spot 305.0 USD/Short Ton -1.6%

Economy

• Atlanta Fed GDPNow Q2 Forecast +5.1% +2.4 percentage points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 28.1 -.8 percentage point

• NY Fed Real-Time Weekly Economic Index 2.1 -14.5%

• US Economic Policy Uncertainty Index 580.8 +81.0%
• Bloomberg Global Trade Policy Uncertainty Index 1.8 -32.2%
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) +$1.0B
• S&P 500 Current Quarter EPS Growth Rate YoY(17 of 500 reporting) +31.4% -1.4 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 311.32 +n/a:  Growth Rate +15.6% +n/a percentage points, P/E 22.2 +n/a
• S&P 500 Current Year Estimated Profit Margin 13.5% -1.0 basis point
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) +17.6% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 486.94 +n/a: Growth Rate +18.5% +n/a percentage point, P/E 32.3 +n/a

• Citi US Economic Surprise Index 7.8 -6.4 points

• Citi Eurozone Economic Surprise Index 26.9 +.7 point

• Citi Emerging Markets Economic Surprise Index 28.0 -4.1 points

• Fed Fund Futures imply 5.0%(-11.6 percentage points) chance of -25.0 basis point cut to 3.25-3.5%, 95.0%(+11.6 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 3.75-4.0% on 1/28/26

• US Dollar Index 99.1 +.7%

• MSCI Emerging Markets Currency Index 1,851.8 -.1%
  

• Bitcoin/USD 90,139 -.7%

• Euro/Yen Carry Return Index 208.6 +.03%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.71 -1.1%

• Yield Curve(2s/10s) 63.5 -8.0 basis points
  

• 10-Year US Treasury Yield 4.17% -2.0 basis points
• Japan 30-Year Yield 3.42% +2.0 basis points. 

• Federal Reserve's Balance Sheet $6.526 Trillion -1.0%
• Federal Reserve's Discount Window Usage $8.029 Billion -14.0%

• U.S. Sovereign Debt Credit Default Swap 28.4 -4.5%
  

• Illinois Municipal Debt Credit Default Swap 183.3 -.9%
  

• Italian/German 10Y Yld Spread 63.0 -8.0 basis points
• UK Sovereign Debt Credit Default Swap 16.5 -1.6%

• China Sovereign Debt Credit Default Swap 41.0 -.2%
  

• Brazil Sovereign Debt Credit Default Swap 137.0 -.4%
  

• Israel Sovereign Debt Credit Default Swap 68.2 +1.2%

• South Korea Sovereign Debt Credit Default Swap 20.8 -4.6%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.7 +.7%
• China High-Yield Real Estate Total Return Index 117.6 +.9%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.6% unch.
• Zillow US All Homes Rent Index YoY +2.3% unch.
• US Urban Consumers Food CPI YoY +2.6% unch.
• CPI Core Services Ex-Shelter YoY +3.0% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.76% +1.0 basis point: CPI YoY +2.57% -5.0 basis points
• 1-Year TIPS Spread 2.67 +32.0 basis points
• 10-Year TIPS Spread 2.28 +2.0 basis points

• Treasury Repo 3M T-Bill Spread -1.75 basis points +7.0 basis points
• 2-Year SOFR Swap Spread -16.25 unch.

• 3-Month EUR/USD Cross-Currency Basis Swap 3.25 -.5 basis point

• N. America Investment Grade Credit Default Swap Index 49.0 -2.4%
  

• America Energy Sector High-Yield Credit Default Swap Index 181.0 -5.5% 
• High-Yield Tech Sector OAS Index 414.75 -2.2% 
• Bloomberg TRACE # Distressed Bonds Traded 231.0 +38.0 
  

• European Financial Sector Credit Default Swap Index 52.9 -2.0%

• Emerging Markets Credit Default Swap Index 125.8 +1.6%
  

• MBS 5/10 Treasury Spread 97.0 -19.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 594.0 +4.0 basis points
• Avg. Auto ABS OAS .54 unch

• M2 Money Supply YoY % Change +4.3% -30.0 basis points

• Commercial Paper Outstanding $1,414.6B +9.8%

• 4-Week Moving Average of Jobless Claims 211,750 -3.3%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 56.3 unch.
  

• Average 30-Year Fixed Home Mortgage Rate 6.23% -2.0 basis points

• Weekly Mortgage Applications 270,800 +.3%

• Weekly Retail Sales +6.8% +.1 percentage point
• OpenTable US Seated Diners % Change YoY +14.0% -18.0 percentage points
• Box Office Weekly Gross $328.9M -3.1%

• Nationwide Gas $2.81/gallon -.02/gallon

• Baltic Dry Index 1,718.0 -8.7%
• Drewry World Container Freight Index $2,556.8/40 ft Box +15.6%
  

• China (Export) Containerized Freight Index 1,194.9 +4.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 32.5 -18.8%
• Truckstop.com Market Demand Index 59.8 +40.8%

• Rail Freight Carloads 211,628 +3.9%
• TSA Total Traveler Throughput 2,151,117 -17.4% 
• Rasmussen Reports Daily Presidential Approval Tacking Poll 45.0% +1.0 percentage point

Best Performing Style

• Small-Cap Growth +5.0%

Worst Performing Style

• Large-Cap Growth +1.0%

Leading Sectors

• Defense +12.2%

• Gold & Silver +9.3%
• Homebuilding +7.9%

• Coal +7.9%
  

• Disk Drives +7.6%
  

Lagging Sectors

• Electrification +.1%

• Utilities -.6%
  

• Video Gaming -.7%

• Networking -1.2%
  

• Gambling -2.8%
  

Weekly High-Volume Stock Gainers (65)

• NBY, CGON, MLTX, AEVA, ELVN, LQDA, CRML, APLD, SPRY, LGIH, TREE, SNDK, GLSI, BETR, BLDR, TWO, QURE, INTC, VST, KTOS, ASTS, CCS, FLY, EXK, AEHR, HE, ACMR, RDW, RKT, OKLO, CMPO, TOL, TIC, KALV, AVAV, FND, DHI, JCAP, COMP, WY, SCCO, AMR, MESO, ONC, SITE, PFSI, RPM, ALMS, LMT, SHC, RVMD, SMR, PSLV, OUST, ZETA, ATRO, TTAM, SKY, HCC, NVO, SLP and LEGN

Weekly High-Volume Stock Losers (9)

• RIO, CALM, ANIP, SIG, MDGL, PCRX, MMSI, WW and BBNX

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change