Weekly Scoreboard*

S&P 500 7,434.7 +.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 49,582.2 -.1%

• NASDAQ 26,305.1 +.5%

• Russell 2000 2,803.0 -1.9%

• NYSE FANG+ 17,342.2 +.8%

• Goldman 50 Most Shorted 294.7 -1.7%
• Vaneck Social Sentiment 36.9 -.7%

• Wilshire 5000 73,144.8 +.2%

• Russell 1000 Growth 5,035.6 +1.5%

• Russell 1000 Value 2,285.2 -.6%

• S&P 500 Consumer Staples 963.2 +1.4%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 257.7 -.4%
  

• NYSE Technology 8,932.6 -.2%

• Transports 20,083.0 -.7%

• Utilities 1,095.6 -1.6%

• MSCI Europe Banks 115.7 -2.3%
  

• MSCI Emerging Markets 65.4 -4.1%

• Credit Suisse AllHedge Long/Short Equity Index 257.6 +1.2%

• Credit Suisse AllHedge Equity Market Neutral Index 134.2 +1.0%

Sentiment/Internals

• NYSE Cumulative A/D Line 614,352 +.1%
• Nasdaq/NYSE Volume Ratio 12.6 -17.7%

• Bloomberg New Highs-Lows Index 1,158 +37

• Crude Oil Commercial Bullish % Net Position -18.1 +8.5%

• CFTC Oil Net Speculative Position 178,786 -6.8%

• CFTC Oil Total Open Interest 2,027,827 +2.5%

• Total Put/Call .81 +6.7%

• OEX Put/Call .30 +20.8%

• ISE Sentiment 145.0 +1.4%

• NYSE Arms .60 -68.1%
  
• Bloomberg Global Risk-On/Risk-Off Index 123.1 +4.7%
• Bloomberg US Financial Conditions Index 1.06 unch.
• Bloomberg European Financial Conditions Index 1.23 +7.0 basis points

• Volatility(VIX) 18.2 +4.4%
• S&P 500 Intraday % Swing .67 +28.5%

• CBOE S&P 500 3M Implied Correlation Index 12.7 -4.8%

• G7 Currency Volatility (VXY) 6.75 unch.

• Emerging Markets Currency Volatility (EM-VXY) 7.3 +4.0%

• Smart Money Flow Index 20,269.3 +.8%
• NAAIM Exposure Index  77.3 -19.4

• ICI Money Mkt Mutual Fund Assets $7.749 Trillion n/a

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$8.186 Million

• AAII % Bulls 39.3 +2.6%

• AAII % Bears 36.6 +10.9%
• CNN Fear & Greed Index 64.0 (GREED) -3.0

Futures Spot Prices

• CRB Index 400.30 +3.2%

• Crude Oil 105.50/bbl. +11.3%

• Reformulated Gasoline 370.7 +5.4%

• Natural Gas 2.97 +7.8%
• US Power PJM Western Hub Peak Forward Y1 76.3 USD/Megawatt +.1% 
• Dutch TTF Nat Gas(European benchmark) 51.0 euros/megawatt-hour +16.4%
  

• Heating Oil 406.2 +4.7% 
• Newcastle Coal 136.5 (1,000/metric ton) +1.0%

• Gold 4,562.3 -3.4%
• Silver 77.0 -4.3%
  

• Bloomberg Industrial Metals Index 182.1 +.6%

• Copper 629.0 +.3%

• US No. 1 Heavy Melt Scrap Steel 413.0 USD/Metric Tonne unch.

• China Iron Ore Spot 108.90 USD/Metric Tonne -2.3%
• China Battery Grade Lithium Carbonate 28,400.0 USD/metric tonne +11.6%
• inSpectrum Tech Inc. DRAM Spot DDR4 16Gb 2048Mx8 56.6 -2.4%  

• CME Lumber 592.5 +1.6%

• UBS-Bloomberg Agriculture 1,406.0 -.9%
• US Gulf NOLA Potash Spot 342.5 USD/Short Ton +1.5%
• US Gulf NOLA Urea Granular Spot 565.0 USD/Short Ton -6.2% 

Economy

• Atlanta Fed GDPNow Q2 Forecast +4.0% +.3 percentage point

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 12.9 -4.4 percentage points

• NY Fed Real-Time Weekly Economic Index 2.7 unch.
• Caldara Iacoviello Geopolitical Risk Index 286.6 +11.3% 
• Global Monitor Iran Instability Index 100.0 unch.
• Strait of Hormuz Oil Tanker Traffic Curtailed 95.0% -4.0 percentage points

• US Economic Policy Uncertainty Index 151.7 -77.9%
• Bloomberg Global Trade Policy Uncertainty Index .7 -.3
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(454 of 500 reporting) +25.1% -.2 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 354.47 +1.8:  Growth Rate +27.9% +.6 percentage point, P/E 21.2 +.4
• S&P 500 Current Year Estimated Profit Margin 15.37% -1.0 basis point
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(8 of 10 reporting) +62.1% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 859.89 +8.23: Growth Rate +117.2% +2.1 percentage points, P/E 20.4 +.6

• Citi US Economic Surprise Index 45.0 +8.3 points

• Citi Eurozone Economic Surprise Index -53.3 +5.5 points

• Citi Emerging Markets Economic Surprise Index 42.0 -7.6 points

• Fed Fund Futures imply .8%(-5.8 percentage points) chance of -25.0 basis point cut to 3.25-3.5%, 99.2%(+5.8 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 3.75-4.0% on 6/17

• US Dollar Index 99.3 +1.5%

• MSCI Emerging Markets Currency Index 1,870.5 -.5%
  

• Bitcoin/USD 79,200.7 -1.9%

• Euro/Yen Carry Return Index 210.5 +.02%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.66 -1.1%

• Yield Curve(2s/10s) 51.5 +4.75 basis points

• 10-Year US Treasury Yield 4.59% +23.0 basis points
• Japan 30-Year Yield 4.04% +30.0 basis points

• Federal Reserve's Balance Sheet $6.681 Trillion +.3%
• Federal Reserve's Discount Window Usage $5.877 Billion -8.7%

• U.S. Sovereign Debt Credit Default Swap 41.7 +6.5%
  

• Illinois Municipal Debt Credit Default Swap 190.3 +1.0%
  

• Italian/German 10Y Yld Spread 78.0 +6.0 basis points
• UK Sovereign Debt Credit Default Swap 19.6 +4.2%

• China Sovereign Debt Credit Default Swap 42.5 +1.9%
  

• Brazil Sovereign Debt Credit Default Swap 124.5 -.6%
  

• Israel Sovereign Debt Credit Default Swap 64.1 +1.0%
• Dubai Sovereign Debt Credit Default Swap 89.0 +4.3%

• South Korea Sovereign Debt Credit Default Swap 23.7 -6.5%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.20 -.1%
• China High-Yield Real Estate Total Return Index 116.1 +1.6%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.6% -10.0 basis points
• Zillow US All Homes Rent Index YoY +1.7% unch.
• US Urban Consumers Food CPI YoY +3.2% +50.0 basis points
• CPI Core Services Ex-Shelter YoY +3.2% +10.0 basis points
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.31% +3.0 basis points: CPI YoY +4.18% +62.0 basis points
• 1-Year TIPS Spread 3.15 +18.0 basis points
• 10-Year TIPS Spread 2.51 +5.0 basis points

• Treasury Repo 3M T-Bill Spread 12.0 +2.5 basis points
• 2-Year SOFR Swap Spread -15.75 +.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -1.25 -2.0 basis points

• N. America Investment Grade Credit Default Swap Index 53.9 +1.9% 
• BofA Private Credit Proxy Index 73.4 -2.9%

• America Energy Sector High-Yield Credit Default Swap Index 106.0 -31.3%
• High-Yield Tech Sector OAS Index 458.25 -1.5% 
• Bloomberg TRACE # Distressed Bonds Traded 239.0 +12.0

• European Financial Sector Credit Default Swap Index 61.0 +2.9%

• Emerging Markets Credit Default Swap Index 159.7 +2.7%
  

• MBS 5/10 Treasury Spread 114.0 +2.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 552.0 -27.0 basis points
• Avg. Auto ABS OAS .49 -2.0 basis points

• M2 Money Supply YoY % Change +4.6% unch.

• Commercial Paper Outstanding $1,432.1B +.1%

• 4-Week Moving Average of Jobless Claims 203,750 +.4%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 54.7 -.7%

• Average 30-Year Fixed Home Mortgage Rate 6.46% +4.0 basis points

• Weekly Mortgage Applications 290,100 +1.7%

• Weekly Retail Sales +9.6% +230.0 basis points
• OpenTable US Seated Diners % Change YoY +13.0% +4.0 percentage points
• Box Office Weekly Gross $230.6M +14.8%

• Nationwide Gas $4.53/gallon -.02/gallon

• Baltic Dry Index 3,195.0 +7.3%
• Drewry World Container Freight Index $2,553.4/40 ft Box +11.7%
  

• China (Export) Containerized Freight Index 1,280.5 +.1%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 250.0 unch.
• Truckstop.com Market Demand Index 128.5 +2.7%

• Rail Freight Carloads 283,724 +.7%
• TSA Total Traveler Throughput 2,858,330 +36.9% 
• US Morning Consult Daily Consume Sentiment Index 89.0 -.7 point
• Rasmussen Reports Daily Presidential Approval Tacking Poll 42.0% unch.

Best Performing Style

• Large-Cap Growth +1.5%

Worst Performing Style

• Small-Cap Value -2.6%

Leading Sectors

• Cyber Security +5.1%

• Energy +4.9%
• Oil Service +4.3%

• Lithography/Photonics +3.2%
  

• Alt Energy +2.3%
  

Lagging Sectors

• Gold & Silver -5.4%

• Homebuilding -5.6%
  

• Retail -6.2%

• Nuclear -7.1%
  

• Airlines -7.5%
  

Weekly High-Volume Stock Gainers (24)

• SEDG, FIG, SHLS, MICC, ENPH, HUBS, ARX, WGS, YETI, BAND, SPIR, INOD, NOW, DXCM, PZZA, SNOW, DMRA, MSFT, HRTG, PCT, NOG, ALAB, HMC and HG

Weekly High-Volume Stock Losers (24)

• BELFB, LKQ, LFUS, JRI, BILI, BABA, NU, CCAP, CHTR, BIRK, DLO, QUIK, TWST, PSLV, NGG, BLSH, CRVS, ATA, OMER, PICS, TNDM, IDR, YSS and TNGX

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change