Weekly Scoreboard*

S&P 500 7,399.4 -.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 51,857.8 -.5%

• NASDAQ 24,924.3 -2.3%

• Russell 2000 2,933.5 -.8%

• NYSE FANG+ 16,832.0 -1.8%

• Goldman 50 Most Shorted 298.1 -4.6%
• Vaneck Social Sentiment 33.2 -1.3%

• Wilshire 5000 73,321.3 -.8%

• Russell 1000 Growth 4,733.2 -1.6%

• Russell 1000 Value 2,439.6 +.1%

• S&P 500 Consumer Staples 930.3 -1.4%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 253.3 -1.9%
  

• NYSE Technology 8,919.4 -.9%

• Transports 22,712.8 +2.4%

• Utilities 1,172.1 +2.0%

• MSCI Europe Banks 135.5 +.6%
  

• MSCI Emerging Markets 63.3 -.1%

• Credit Suisse AllHedge Long/Short Equity Index 267.62 -.6%

• Credit Suisse AllHedge Equity Market Neutral Index 136.32 -.7%

Sentiment/Internals

• NYSE Cumulative A/D Line 618,893 -.7%
• Nasdaq/NYSE Volume Ratio 12.7 +23.5%

• Bloomberg New Highs-Lows Index -673 -889

• Crude Oil Commercial Bullish % Net Position -8.4 +17.0%

• CFTC Oil Net Speculative Position 62,683 -17.3%

• CFTC Oil Total Open Interest 1,875,496 -1.6%

• Total Put/Call .92 -2.1%

• OEX Put/Call .35 +87.0%

• ISE Sentiment 179.0 +3.5%

• NYSE Arms 1.12 +4.5%
  
• Bloomberg Global Risk-On/Risk-Off Index 125.6 +3.2%
• Bloomberg US Financial Conditions Index 1.11 -6.0 basis point
• Bloomberg European Financial Conditions Index 1.18 -10.0 basis points

• Volatility(VIX) 18.8 -3.7%
• S&P 500 Intraday % Swing .86 -5.2%

• CBOE S&P 500 3M Implied Correlation Index 10.3 +9.5%

• G7 Currency Volatility (VXY) 6.12 +4.4%

• Emerging Markets Currency Volatility (EM-VXY) 6.92 +6.3%

• Smart Money Flow Index 18,549.5 -4.3%
• NAAIM Exposure Index  84.0 -11.6

• ICI Money Mkt Mutual Fund Assets $7.861 Trillion -.3%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$8.931 Million

• AAII % Bulls 29.6 -34.1%

• AAII % Bears 42.3 +28.6%
• CNN Fear & Greed Index 41.0 (FEAR) +2.0

Futures Spot Prices

• CRB Index 400.2 +6.4%

• Crude Oil 89.20/bbl. +8.1%

• Reformulated Gasoline 339.4 -.2%

• Natural Gas 2.87 -1.9%
• US Power PJM Western Hub Peak Forward Y1 84.0 USD/Megawatt +3.6% 
• Dutch TTF Nat Gas(European benchmark) 62.9 euros/megawatt-hour +6.9%
  

• Heating Oil 416.9 +2.7% 
• Newcastle Coal 135.0 (1,000/metric ton) +1.5%

• Gold 4,053.7 +1.1%
• Silver 58.3 +4.6%
  

• Bloomberg Industrial Metals Index 175.0 +1.4%

• Copper 634.4 +1.3%

• US No. 1 Heavy Melt Scrap Steel 402.5 USD/Metric Tonne +6.5%

• China Iron Ore Spot 97.9 USD/Metric Tonne -1.4%
• China Battery Grade Lithium Carbonate 21,725.0 USD/metric tonne -9.6%
• Silicon Data LLM Token Expenditure Index 1.54(price per million tokens) -2.3% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 48.4 +2.4%  

• CME Lumber 658.0 +3.5%

• UBS-Bloomberg Agriculture 1,485.4 +1.1%
• US Gulf NOLA Potash Spot 340.0 USD/Short Ton +1.7%
• US Gulf NOLA Urea Granular Spot 429.0 USD/Short Ton +7.3%

Economy

• Atlanta Fed GDPNow Q2 Forecast +1.7% unch.

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 12.9 -2.5 percentage points

• NY Fed Real-Time Weekly Economic Index 2.93 +12.7%
• Caldara Iacoviello Geopolitical Risk Index 154.3 n/a 
• Global Monitor Iran Instability Index 58.0 +4.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 91.0% +4.0 percentage points

• US Economic Policy Uncertainty Index 162.2 -67.0%
• Bloomberg Global Trade Policy Uncertainty Index 1.0 +.4
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(133 of 500 reporting) +32.9% -19.5 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 379.27 +4.07:  Growth Rate +29.0% +1.9 percentage points, P/E 19.5 -.6
• S&P 500 Current Year Estimated Profit Margin 15.76% +11.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(3 of 10 reporting) +329.2% -180.8 percentage points
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 919.13 +11.54: Growth Rate +77.2% +2.2 percentage points, P/E 18.4 -.9

• Citi US Economic Surprise Index 57.1 +1.9 points

• Citi Eurozone Economic Surprise Index 43.7 +35.2 points

• Citi Emerging Markets Economic Surprise Index 23.2 -4.8 points

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 64.2%(-23.0 percentage points) chance of no change, 35.8%(+23.0 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 7/29

• US Dollar Index 101.5 +.7%

• MSCI Emerging Markets Currency Index 1,872.7 +.3%
  

• Bitcoin/USD 64,084.3 -.6%

• Euro/Yen Carry Return Index 213.0 +.3%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.27 -1.5%

• Yield Curve(2s/10s) 34.75 -2.25 basis points

• 10-Year US Treasury Yield 4.68% +14.0 basis points
• Japan 30-Year Yield 3.99% +12.0 basis points

• Federal Reserve's Balance Sheet $6.696 Trillion +.1%
• Federal Reserve's Discount Window Usage $4.664 Billion -16.6%

• U.S. Sovereign Debt Credit Default Swap 40.6 -1.8%
  

• Illinois Municipal Debt Credit Default Swap 179.7 -1.4%
  

• Italian/German 10Y Yld Spread 82.0 unch.
• UK Sovereign Debt Credit Default Swap 18.4 -.9%

• China Sovereign Debt Credit Default Swap 38.3 +1.4%
  

• Brazil Sovereign Debt Credit Default Swap 124.5 -.8%
  

• Israel Sovereign Debt Credit Default Swap 66.1 +7.2%
• Dubai Sovereign Debt Credit Default Swap 67.1 +3.2%

• South Korea Sovereign Debt Credit Default Swap 23.2 +1.0%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.1 unch.
• China High-Yield Real Estate Total Return Index 118.20 +.6%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.3% unch.
• Zillow US All Homes Rent Index YoY +2.1% unch.
• US Urban Consumers Food CPI YoY +3.0% unch.
• CPI Core Services Ex-Shelter YoY +3.0% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.33% unch.: CPI YoY +3.37% +5.0 basis points
• 1-Year TIPS Spread 1.92 +76.0 basis points
• 10-Year TIPS Spread 2.25 unch.

• Treasury Repo 3M T-Bill Spread 26.5 +6.5 basis points
• 2-Year SOFR Swap Spread -15.25 -.25 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -.25 -.75 basis point

• N. America Investment Grade Credit Default Swap Index 53.37 +2.0% 
• BofA Private Credit Proxy Index 67.7 -3.7%

• America Energy Sector High-Yield Credit Default Swap Index 102.0 -2.0%
• High-Yield Tech Sector OAS Index 462.5 +2.8% 
• Bloomberg TRACE # Distressed Bonds Traded 200.0 +3.0

• European Financial Sector Credit Default Swap Index 57.2 +2.5%

• Emerging Markets Credit Default Swap Index 148.2 +2.0%
  

• MBS 5/10 Treasury Spread 115.0 +4.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 554.0 -3.0 basis points
• Avg. Auto ABS OAS .43 -2.0 basis points

• M2 Money Supply YoY % Change +5.6% unch.

• Commercial Paper Outstanding $1,391.5B +.2%

• 4-Week Moving Average of Jobless Claims 207,500 -3.4%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 56.6 +10.4%

• Average 30-Year Fixed Home Mortgage Rate 6.63% +3.0 basis points

• Weekly Mortgage Applications 264,000 +1.9%

• Weekly Retail Sales +8.0% -20.0 basis points
• OpenTable US Seated Diners % Change YoY +11.0% -2.0 percentage points
• Box Office Weekly Gross $194.1M +2.1%

• Nationwide Gas $4.11/gallon +.13/gallon

• Baltic Dry Index 2,725.0 -1.0%
• Drewry World Container Freight Index $4,373.7/40 ft Box -3.8%
  

• China (Export) Containerized Freight Index 1,901.3 -.5%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 210.0 +5.0%
• Truckstop.com Market Demand Index 114.5 -11.1%

• Rail Freight Carloads 297,017 +5.9%
• TSA Total Traveler Throughput 2,903,099 +15.8% 
• US Morning Consult Daily Consume Sentiment Index 91.1 +2.0 points
• Rasmussen Reports Daily Presidential Approval Tacking Poll 43.0% unch.

Best Performing Style

• Mid-Cap Value +.3%

Worst Performing Style

• Small-Cap Growth -1.0%

Leading Sectors

• Computer Hardware +6.5%

• Gold & Silver +6.3%
• Shipping +5.6%

• Defense +5.1%
  

• Oil Service +4.5%
  

Lagging Sectors

• Space -3.2%

• Internet -3.8%
  

• Alt Energy -3.8%

• Cyber Security -4.1%
  

• Software -4.7%
  

Weekly High-Volume Stock Gainers (34)

• RNG, THC, DLR, BAH, UVE, ORIC, SLB, SSNC, FAF, REXR, SAP, SKYW, CLF, AMTB, SXT, ENVA, GSHD, SW, HZO, WKC, EQIX, OII, IP, PKG, SSB, VZ, KNSL, CNH, SBLK, CR, T, OVV, UHS and BFST

Weekly High-Volume Stock Losers (19)

• TSLA, ACI, ALLY, COCO, RHI, AXP, CWBC, METC, WSE, GNTX, WST, FLG, SCHL, CHRW, FPS, SMMT, LBRT, HIMS and MXL

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change