Weekly Scoreboard*

S&P 500 7,638.2 -2.1%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 51,932.0 +.5%

• NASDAQ 26,136.2 -4.6%

• Russell 2000 2,716.8 -3.2%

• NYSE FANG+ 18,513.1 -5.3%

• Goldman 50 Most Shorted 270.2 -10.0%
• Vaneck Social Sentiment 34.8 -9.8%

• Wilshire 5000 75,172.7 -1.6%

• Russell 1000 Growth 4,875.2 -5.2%

• Russell 1000 Value 2,505.9 +.6%

• S&P 500 Consumer Staples 979.2 +4.8%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 263.8 -2.7% 
  

• NYSE Technology 9,235.4 -9.0%

• Transports 19,810.9 +.1%

• Utilities 1,080.5 +2.4%

• MSCI Europe Banks 128.2 -.3%
  

• MSCI Emerging Markets 62.8 -6.1%

• Credit Suisse AllHedge Long/Short Equity Index 263.6 +.02%

• Credit Suisse AllHedge Equity Market Neutral Index 137.8 +.6%

Sentiment/Internals

• NYSE Cumulative A/D Line 611,586 +.2%
• Nasdaq/NYSE Volume Ratio 13.1 +114.8%

• Bloomberg New Highs-Lows Index -728 -70

• Crude Oil Commercial Bullish % Net Position -12.4 +11.7%

• CFTC Oil Net Speculative Position 99,060 -9.5%

• CFTC Oil Total Open Interest 1,889,442 +.6%

• Total Put/Call .92 +6.0%

• OEX Put/Call .77 +4.4%

• Equity Put/Call .78 +12.1%

• NYSE Arms .85 +39.7%
  
• Bloomberg Global Risk-On/Risk-Off Index 128.8 -5.8%
• Bloomberg US Financial Conditions Index 1.08 -7.0 basis points
• Bloomberg European Financial Conditions Index 1.18 +9.0 basis points

• Volatility(VIX) 21.2 +43.4%
• S&P 500 Intraday % Swing .96 +81.9%

• CBOE S&P 500 3M Implied Correlation Index 15.0 +31.2%

• G7 Currency Volatility (VXY) 6.64 -1.6%

• Emerging Markets Currency Volatility (EM-VXY) 7.35 +4.5%

• Smart Money Flow Index 18,743.0 +2.6%
• CFTC Weekly Equity Positioning Sentiment Gauge(0-100) 40.0 +4.0

• ICI Money Mkt Mutual Fund Assets $7.923 Trillion -.5%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$18.355 Million

• AAII % Bulls 38.7 -4.0%

• AAII % Bears 41.6 +6.7%
• CNN Fear & Greed Index 45.0 (Moved to FEAR from NEUTRAL) -19.0

Futures Spot Prices

• CRB Index 417.49 +1.5%

• Crude Oil 101.5/bbl. +10.5%

• Reformulated Gasoline 324.01 -1.5%

• Natural Gas 3.11 -3.1%
• US Power PJM Western Hub Peak Forward Y1 90.2 USD/Megawatt -1.9% 
• Dutch TTF Nat Gas(European benchmark) 88.7 euros/megawatt-hour +10.4%
  

• Heating Oil 490.3 +4.1% 
• Newcastle Coal 154.7 (1,000/metric ton) +3.1%

• Gold 4,160.2 -.9%
• Silver 56.9 -6.3%
  

• Bloomberg Industrial Metals Index 172.0 -1.8%

• Copper 655.8 -2.2%

• US No. 1 Heavy Melt Scrap Steel 388.5 USD/Metric Tonne -1.1%

• China Iron Ore Spot 91.7 USD/Metric Tonne +.6%
• China Battery Grade Lithium Carbonate 17,425.0 USD/metric tonne -8.4%
• Silicon Data LLM Token Expenditure Index .97(price per million tokens) -.9% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 51.22 +2.4%  

• CME Lumber 535.0 -.4%

• UBS-Bloomberg Agriculture 1,567.1 -.1%
• US Gulf NOLA Potash Spot 352.5 USD/Short Ton unch.
• US Gulf NOLA Urea Granular Spot 428.5 USD/Short Ton -2.8%

Economy

• Atlanta Fed GDPNow Q3 Forecast +3.6% unch.

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 10.3 +.9 percentage point

• NY Fed Real-Time Weekly Economic Index 3.1 +13.8%
• Caldara Iacoviello Geopolitical Risk Index 342.4 +113.9% 
• Global Monitor Iran Instability Index 69.0 unch.
• Strait of Hormuz Oil Tanker Traffic Curtailed 45.0% +15.0 percentage points

• US Economic Policy Uncertainty Index 149.2 -57.8%
• Bloomberg Global Trade Policy Uncertainty Index .5 -.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(45 of 500 reporting) +47.3% -96.7 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 408.48 +1.65:  Growth Rate +24.9% +.4 percentage point, P/E 18.9 -.1
• S&P 500 Current Year Estimated Profit Margin 16.31% -6.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(1 of 10 reporting) +1,013.1% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 1,091.13 +5.31: Growth Rate +62.5% +.8 percentage point, P/E 17.6 -.3

• Citi US Economic Surprise Index 45.1 +9.0 points

• Citi Eurozone Economic Surprise Index 43.4 -9.1 points

• Citi Emerging Markets Economic Surprise Index 31.20 +9.8 points

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.5-3.75%, 82.8%(+.5 percentage point) chance of no change, 17.2%(-.5 percentage point) chance of +25.0 basis point hike to 4.0-4.25% on 10/28

• US Dollar Index 101.8 -.4%

• MSCI Emerging Markets Currency Index 1,924.9 -.3%
  

• Bitcoin/USD 81,000 -2.7%

• Euro/Yen Carry Return Index 203.72 +.2%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.11 +.61%

• Yield Curve(2s/10s) 35.25 -10.25 basis points

• 10-Year US Treasury Yield 5.10% -15.0 basis points
• Japan 30-Year Yield 4.02% -5.0 basis points

• Federal Reserve's Balance Sheet $6.709 Trillion +.1%
• Federal Reserve's Discount Window Usage $11.312 Billion +46.9%

• U.S. Sovereign Debt Credit Default Swap 44. +5.7%
  

• Illinois Municipal Debt Credit Default Swap 190.4 -3.3%
  

• Italian/German 10Y Yld Spread 106.0 -3.0 basis points
• France Sovereign Debt Credit Default Swap 79.1 -.1% 
• UK Sovereign Debt Credit Default Swap 25.9 +.5%

• China Sovereign Debt Credit Default Swap 37.3 +2.6%
  

• Brazil Sovereign Debt Credit Default Swap 119.2 +9.2%
  

• Israel Sovereign Debt Credit Default Swap 59.5 +1.5%
• Dubai Sovereign Debt Credit Default Swap 62.1 -1.2%

• South Korea Sovereign Debt Credit Default Swap 23.99 +2.0%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.59 -.19%
• China High-Yield Real Estate Total Return Index 118.9 -.4%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.4% unch.
• Zillow US All Homes Rent Index YoY +2.9% +30.0 basis points
• US Urban Consumers Food CPI YoY +2.5% -10.0 basis points
• CPI Core Services Ex-Shelter YoY +3.0% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.05% +3.0 basis points: CPI YoY +3.77% +17.0 basis points
• 1-Year TIPS Spread 3.0 +21.0 basis points
• 10-Year TIPS Spread 2.36 +1.0 basis point

• Treasury Repo 3M T-Bill Spread 30.0 -.5 basis point
• 2-Year SOFR Swap Spread -14.0 -.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -3.0 -.75 basis point

• N. America Investment Grade Credit Default Swap Index 62.5 +6.9% 
• BofA Private Credit Proxy Index 66.7 -1.1%

• America Energy Sector High-Yield Credit Default Swap Index 149.0 -1.4%
• High-Yield Tech Sector OAS Index 482.0 +9.9% 
• Bloomberg TRACE # Distressed Bonds Traded 237.0 -16.0

• European Financial Sector Credit Default Swap Index 71.3 +1.2%

• Emerging Markets Credit Default Swap Index 164.2 +4.7%
  

• MBS 5/10 Treasury Spread 123.0 unch.
• Bloomberg CMBS Investment Grade Bbb Average OAS 558.0 -7.0 basis points
• Avg. Auto ABS OAS .49 +4.0 basis points

• M2 Money Supply YoY % Change +5.7% unch.

• Commercial Paper Outstanding $1,479.9B -.4%

• 4-Week Moving Average of Jobless Claims 198,500 +.1%

• Continuing Claims Unemployment Rate 1.1% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 56.0 +1.1%

• Average 30-Year Fixed Home Mortgage Rate 7.52% +7.0 basis points

• Weekly Mortgage Applications 199,200 -2.7%

• Weekly Retail Sales +10.40% +210.0 basis points
• OpenTable US Seated Diners % Change YoY +9.0% -2.0 percentage points
• Box Office Weekly Gross $132.9M -19.9%

• Nationwide Gas $4.33/gallon -.04/gallon 
• Nationwide Diesel $6.33/gallon +.05/gallon 

• Baltic Dry Index 2,545.0 -12.8%
• Drewry World Container Freight Index $4,485.4/40 ft Box +3.1%
  

• China (Export) Containerized Freight Index 1,922.6 +.5%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 550.0 unch.
• Truckstop.com Market Demand Index 93.4 -15.6%

• Rail Freight Carloads 302,252 +1.1%
• TSA Total Traveler Throughput 2,419,474 -17.0% 
• US Morning Consult Daily Consume Sentiment Index 85.8 -1.1 points
• Rasmussen Reports Daily Presidential Approval Tacking Poll 43.0% +2.0 percentage point

Best Performing Style

• Large-Cap Value +.5%

Worst Performing Style

• Mid-Cap Growth -6.5%

Leading Sectors

• Energy +5.5%

• Healthcare Providers +5.2%
• Foods +4.8%

• Insurance +4.2%
  

• Medical Equipment +3.9%
  

Lagging Sectors

• Cyber Security -10.3%

• Alt Energy -11.0%
  

• AI/Innovation -14.1%

• Space -14.3%
  

• Computer Hardware -15.5%
  

Weekly High-Volume Stock Gainers (10)

• HPK, CRGY, FMX, KRMN, INDB, CNQ, BP, NGL, TALO and CCI

Weekly High-Volume Stock Losers (70)

• SNDX, AXON, CSQR, MAN, MESO, SKHY, ASST, STX, HPE, TENB, TTMI, ANL, COHR, HSAI, ICHR, WULF, ESTC, CRWD, PAYS, KARD, NET, AZTA, FLEX, NTSK, PAYS, FLGT, FTH, HNRG, VKTX, DRTS, GDS, IONQ, SNOW, TWST, MDB, AAOI, CELC, AI, ATTO, WSE, MSTR, S, CBRS, CDNL, OKTA, MRNA, ERAS, GLXY, FOXF, IREN, SDGR, APLD, XE, VICR, TWLO, SLS, SHAZ, NBIS, NVAX, CRWV, DNA, TLK and OMER

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change