| S&P 500 6,582.7 +1.4% |
Weekly Market Wrap by Edward Jones.
Indices
- DJIA 46,504.7 +1.1%
- NASDAQ 21,879.2 +2.1%
- Russell 2000 2,530.0 +1.3%
- NYSE FANG+ 14,132.2 +2.5%
- Goldman 50 Most Shorted 254.5 +4.7%
- Vaneck Social Sentiment 29.2 +.8%
- Wilshire 5000 65,157.4 +1.5%
- Russell 1000 Growth 4,329.7 +1.6%
- Russell 1000 Value 2,121.4 +1.2%
- S&P 500 Consumer Staples 926.3 +1.3%
- Bloomberg Cyclicals/Defensives Index(Ex Telecom) 247.0 +.6%
- NYSE Technology 6,859.7 +2.1%
- Transports 19,088.5 +4.0%
- Utilities 1,174.0 +2.2%
- MSCI Europe Banks 106.0 +4.9%
- MSCI Emerging Markets 56.7 +1.5%
- Credit Suisse AllHedge Long/Short Equity Index 249.66 -.7%
- Credit Suisse AllHedge Equity Market Neutral Index 131.37 -.1%
Sentiment/Internals
- NYSE Cumulative A/D Line 598,645 -.1%
- Nasdaq/NYSE Volume Ratio 10.9 -2.7%
- Bloomberg New Highs-Lows Index 34 +436
- Crude Oil Commercial Bullish % Net Position -24.9 -2.7%
- CFTC Oil Net Speculative Position 233,620 +6.8%
- CFTC Oil Total Open Interest 2,002,065 -3.8%
- Total Put/Call 1.04 +6.1%
- OEX Put/Call .62 -1.2%
- ISE Sentiment 89.0 -30.5%
- NYSE Arms 1.05 +70.2%
- Bloomberg Global Risk-On/Risk-Off Index 103.4 +3.4%
- Bloomberg US Financial Conditions Index .40 +13.0 basis points
- Bloomberg European Financial Conditions Index 1.30 +45.0 basis points
- Volatility(VIX) 24.2 -24.2%
- S&P 500 Intraday % Swing 1.96 +27.7%
- CBOE S&P 500 3M Implied Correlation Index 25.0 -14.0%
- G7 Currency Volatility (VXY) 8.05 -4.6%
- Emerging Markets Currency Volatility (EM-VXY) 8.46 -2.5%
- Smart Money Flow Index 19,013.6 -2.4%
- NAAIM Exposure Index 68.5 n/a
- ICI Money Mkt Mutual Fund Assets $7.803 Trillion n/a
- ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$23.716 Million
- AAII % Bulls 33.6 +4.7%
- AAII % Bears 51.4 +3.2%
- CNN Fear & Greed Index 15.0 (EXTREME FEAR) -1.0
Futures Spot Prices
- CRB Index 381.0 +5.3%
- Crude Oil 111.4/bbl. +18.7%
- Reformulated Gasoline 327.4 +7.1%
- Natural Gas 2.80 -5.8%
- US Power PJM Western Hub Peak Forward Y1 73.9 USD/Megawatt -.7%
- Dutch TTF Nat Gas(European benchmark) 50.0 euros/megawatt-hour -9.8%
- Heating Oil 440.7 -2.3%
- Newcastle Coal 141.4 (1,000/metric ton) +.64%
- Gold 4,674.2 +6.8%
- Silver 72.70 +6.8%
- Bloomberg Industrial Metals Index 169.5 +3.3%
- Copper 560.0 +2.2%
- US No. 1 Heavy Melt Scrap Steel 407.0 USD/Metric Tonne +5.99%
- China Iron Ore Spot 105.35 USD/Metric Tonne -.33
% China Battery Grade Lithium Carbonate 23,475.0 USD/metric tonne +2.7% - inSpectrum Tech Inc. DRAM Spot DDR4 16Gb 2048Mx8 66.09 -1.3%
- CME Lumber 599.0 unch.
- UBS-Bloomberg Agriculture 1,364.4 -1.7%
- US Gulf NOLA Potash Spot 305.0 USD/Short Ton n/a
- US Gulf NOLA Urea Granular Spot 687.5 USD/Short Ton n/a
Economy
- Atlanta Fed GDPNow Q1 Forecast +1.9% -.1 percentage point
- US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 19.8 +3.1 percentage points
- NY Fed Real-Time Weekly Economic Index 2.9 n/a
- Caldara Iacoviello Geopolitical Risk Index 281.5 -16.0%
- Global Monitor Iran Instability Index 100.0 unch.
- Strait of Hormuz Oil Tanker Traffic Curtailed 95.0% unch.
- US Economic Policy Uncertainty Index 429.6 -34.3%
- Bloomberg Global Trade Policy Uncertainty Index .8 +.1
- DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
- S&P 500 Current Quarter EPS Growth Rate YoY(16 of 500 reporting) +85.6% -10.9 percentage points
- S&P 500 Blended Forward 12 Months Mean EPS Estimate 336.05 +1.26: Growth Rate +21.0% +.4 percentage point, P/E 19.6 +.2
- S&P 500 Current Year Estimated Profit Margin 15.07% unch.
- NYSE FANG+ Current Quarter EPS Growth Rate YoY(1 of 10 reporting) +690.0% unch.
- NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 794.55 +7.80: Growth Rate +99.7% +1.6 percentage points, P/E 17.7 +.3
- Citi US Economic Surprise Index 28.0 +5.9 points
- Citi Eurozone Economic Surprise Index -5.3 -1.4 points
- Citi Emerging Markets Economic Surprise Index 47.4 +.2 point
- Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 99.5%(+5.7 percentage points) chance of no change, .5%(-5.7 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 4/29
- US Dollar Index 100.0 +.14%
- MSCI Emerging Markets Currency Index 1,844.7 +.16%
- Bitcoin/USD 66,967.4 +1.8%
- Euro/Yen Carry Return Index 219.6 -.03%
- Swiss Franc/Offshore Chinese Renminbi Cross 8.63 -.9%
- Yield Curve(2s/10s) 51.0 -1.25 basis points
- 10-Year US Treasury Yield 4.30% -13.0 basis points
- Japan 30-Year Yield 3.69% -3.0 basis points
- Federal Reserve's Balance Sheet $6.610 Trillion n/a
- Federal Reserve's Discount Window Usage $5.178 Billion n/a
- U.S. Sovereign Debt Credit Default Swap 40.5 -1.3%
- Illinois Municipal Debt Credit Default Swap 212.6 -1.7%
- Italian/German 10Y Yld Spread 86.0 -10.0 basis points
- UK Sovereign Debt Credit Default Swap 21.2 -.3%
- China Sovereign Debt Credit Default Swap 51.0 -1.4%
- Brazil Sovereign Debt Credit Default Swap 139.8 +1.8%
- Israel Sovereign Debt Credit Default Swap 78.0 +3.5%
- Dubai Sovereign Debt Credit Default Swap 90.7 +7.9%
- South Korea Sovereign Debt Credit Default Swap 34.4 -1.4%
- China Corp. High-Yield Bond USD ETF(KHYB) 23.85 unch.
- China High-Yield Real Estate Total Return Index 112.48 -.36%
- Atlanta Fed Low Skill Wage Growth Tracker YoY +3.7% unch.
- Zillow US All Homes Rent Index YoY +1.8% unch.
- US Urban Consumers Food CPI YoY +3.1% unch.
- CPI Core Services Ex-Shelter YoY +2.9% unch.
- Cleveland Fed Inflation Nowcast Core PCE YoY +2.83% unch.: CPI YoY +3.25% +9.0 basis points
- 1-Year TIPS Spread 5.24 +5.0 basis points
- 10-Year TIPS Spread 2.35 +3.0 basis points
- Treasury Repo 3M T-Bill Spread 6.75 +1.0 basis point
- 2-Year SOFR Swap Spread -17.0 +1.75 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -3.0 +1.75 basis points
- N. America Investment Grade Credit Default Swap Index 63.0 -6.7%
- BofA Private Credit Proxy Index 71.8 +1.4%
- America Energy Sector High-Yield Credit Default Swap Index 164.0 -2.4%
- High-Yield Tech Sector OAS Index 533.9 -1.2%
- Bloomberg TRACE # Distressed Bonds Traded 291.0 +35.0
- European Financial Sector Credit Default Swap Index 71.3 -8.1%
- Emerging Markets Credit Default Swap Index 186.9 -1.1%
- MBS 5/10 Treasury Spread 125.0 -4.0 basis points
- Bloomberg CMBS Investment Grade Bbb Average OAS 586.0 unch.
- Avg. Auto ABS OAS .56 +4.0 basis points
- M2 Money Supply YoY % Change +4.9% unch.
- Commercial Paper Outstanding $1,333.8B -2.1%
- 4-Week Moving Average of Jobless Claims 207,750 -1.4%
- Continuing Claims Unemployment Rate 1.2% unch.
- Kastle Back-to-Work Barometer(entries in secured buildings) 54.6 +1.2%
- Average 30-Year Fixed Home Mortgage Rate 6.49% +11.0 basis points
- Weekly Mortgage Applications 278,300 -10.4%
- Weekly Retail Sales +6.6% +10.0 basis points
- OpenTable US Seated Diners % Change YoY +25.0% +18.0 percentage points
- Box Office Weekly Gross $193.2M +51.2%
- Nationwide Gas $4.08/gallon +.10/gallon
- Baltic Dry Index 2,030.0 +.8%
- Drewry World Container Freight Index $2,287.3/40 ft Box +.4%
- China (Export) Containerized Freight Index 1,139.6 +1.6%
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 200.0 -18.4%
- Truckstop.com Market Demand Index 138.2 +3.3%
- Rail Freight Carloads 282,088 +2.7%
- TSA Total Traveler Throughput 2,360,739 -14.0%
- US Morning Consult Daily Consume Sentiment Index 88.7 -2.5 points
- Rasmussen Reports Daily Presidential Approval Tacking Poll 46.0% +2.0 percentage points
Best Performing Style
- Large-Cap Growth +1.5%
Worst Performing Style
- Mid-Cap Growth +.8%
Leading Sectors
- Gold & Silver +13.9%
- Disk Drives +4.9%
- Networking +4.7%
- Steel +4.3%
- Video Gaming +3.1%
Lagging Sectors
- Digital Health -1.9%
- Airlines -2.3%
- Energy -2.5%
- Medical Equipment -2.7%
- Oil Service -2.8%
Weekly High-Volume Stock Gainers (26)
- SGML, AAOI, KODK, RLAY, VSAT, SPIR, PENG, PL, LUNR, CHA, GSAT, SBAC, WING, BKSY, FLY, AEHR, VCEL, CAR, FCFS, CWST, SLNO, TH, CTGO, AVTX, KRP and ORKA
Weekly High-Volume Stock Losers (24)
- LECO, LKQ, DXYZ, EL, HRI, NAVN, BCE, W, ROAD, ARM, GOOS, TSLA, DIN, ARVN, AYI, VITL, CALM, RCI, WIX, KNF, KOD, PBH and ANGO
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Stocks
*5-Day Change
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