Saturday, January 06, 2024

Today's Headlines

Bloomberg:

Zero Hedge:
Barron's:
  • Had bullish commentary on (BYON) and (AMKBY).

CNBC:

Reuters:

MarketWatch.com:

NewsMax:

Fox News:

TheGatewayPundit.com:

Epoch Times:

X:
OpenVAERS:
SKirsch.com:

Friday, January 05, 2024

Evening Headlines

Bloomberg:

Zero Hedge:

CNBC:

MarketWatch.com:

NewsMax:

Fox News:

TheGatewayPundit.com:

Epoch Times:

X:
OpenVAERS:
SKirsch.com:

Weekly Scoreboard*


S&P 500 4,688.2 -2.0%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 37,403.8 -.8%
  • NASDAQ 14,487.2 -4.0%
  • Russell 2000 1,953.75 -5.3%
  • NYSE FANG+ 8,400.9 -4.4% 
  • Solactive Roundhill Meme Stock Index 403.76 -7.1%
  • Goldman 50 Most Shorted 154.3 -6.8%
  • Wilshire 5000 46,829.0 -2.4%
  • Russell 1000 Growth 2,962.2 -3.3%
  • Russell 1000 Value 1,619.71 -.94%
  • S&P 500 Consumer Staples 760.14 -.09%
  • Bloomberg Cyclicals/Defensives Pair Index 137.8 -2.8%
  • NYSE Technology 4,138.5 -4.9%
  • Transports 15,500.0 -3.1%
  • Utilities 894.89 +1.4%
  • Bloomberg European Bank/Financial Services 93.09 +1.97%
  • MSCI Emerging Markets 39.44 -1.8%
  • Credit Suisse AllHedge Long/Short Equity Index 193.66 -.22%
  • Credit Suisse AllHedge Equity Market Neutral Index 107.35 -.19%
Sentiment/Internals
  • NYSE Cumulative A/D Line 473,600 -.95%
  • Nasdaq/NYSE Volume Ratio 10.0 -28.1%
  • Bloomberg New Highs-Lows Index 55 -855
  • Crude Oil Commercial Bullish % Net Position -25.6 -6.2%
  • CFTC Oil Net Speculative Position 199,284 +9.1%
  • CFTC Oil Total Open Interest 1,554,682 -1.6%
  • Total Put/Call 1.21 +25.8%
  • OEX Put/Call .90 +8.9%
  • ISE Sentiment 142.0 +9.0 points
  • NYSE Arms .86 +1.3%
  • Bloomberg Global Risk-On/Risk-Off Index 58.1 +3.6%
  • Bloomberg US Financial Conditions Index n/a
  • Bloomberg European Financial Conditions Index .40 +4.0 basis points
  • Volatility(VIX) 13.56 +7.1%
  • DJIA Intraday % Swing .80 +25.8%
  • CBOE S&P 500 3M Implied Correlation Index 20.9 +7.8%
  • G7 Currency Volatility (VXY) 8.08 -.37%
  • Emerging Markets Currency Volatility (EM-VXY) 7.98 -1.4%
  • Smart Money Flow Index 14,328.8 -.13%
  • NAAIM Exposure Index  71.0 -31.7
  • ICI Money Mkt Mutual Fund Assets $5.965 Trillion +1.3%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$13.054 Million
  • AAII % Bulls 48.6 +5.0%
  • AAII % Bears 23.5 -6.4%
  • CNN Fear & Greed Index 73.0 (Greed) -3.0
Futures Spot Prices
  • CRB Index 265.0 -.52%
  • Crude Oil 73.71/bbl. +2.5%
  • Reformulated Gasoline 210.17 +.25%
  • Natural Gas 2.89 +13.8%
  • Dutch TTF Nat Gas(European benchmark) 34.6 euros/megawatt-hour +3.8%
  • Heating Oil 260.96 +1.87% 
  • Newcastle Coal 129.2 (1,000/metric ton) -5.7%
  • Gold 2,045.07 -.73%
  • Silver 23.19 -2.3%
  • S&P GSCI Industrial Metals Index 410.6 -3.1%
  • Copper 380.55 -2.6%
  • US No. 1 Heavy Melt Scrap Steel 418.0 USD/Metric Tonne -.71%
  • China Iron Ore Spot 138.9 USD/Metric Tonne +.18%
  • CME Lumber  573.50 +5.1%
  • UBS-Bloomberg Agriculture 1,487.5 -2.9%
  • US Gulf NOLA Potash Spot 322.50 USD/Short Ton unch.
Economy
  • Atlanta Fed GDPNow 4Q Forecast +2.51% +25.0 basis points
  • NY Fed Real-Time Weekly Economic Index 2.44 +5.6%
  • US Economic Policy Uncertainty Index 164.94 +23.8%
  • S&P 500 Current Quarter EPS Growth Rate YoY(21 of 500 reporting) +9.1% -4.4 percentage points
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 243.48 +.34:  Growth Rate +11.9% +.2 percentage point, P/E 19.3 -.3
  • S&P 500 Current Year Estimated Profit Margin 12.04% unch.
  • NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) +n/a
  • NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 290.03 +1.10: Growth Rate +36.0% +.5 percentage point, P/E 28.9 -1.2
  • Citi US Economic Surprise Index 6.1 -2.1 points
  • Citi Eurozone Economic Surprise Index -31.3 +9.7 points
  • Citi Emerging Markets Economic Surprise Index 15.5 +.6 point
  • Fed Fund Futures imply 6.7%(-10.9 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 93.3%(+10.9 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 1/31
  • US Dollar Index 102.3 +1.1%
  • MSCI Emerging Markets Currency Index 1,727.59 -.70%
  • Bitcoin/USD 43,781.5 +2.7%
  • Euro/Yen Carry Return Index 170.37 +1.9%
  • Yield Curve(2s/10s) -35.25 +2.0 basis points
  • 10-Year US Treasury Yield 4.03% +15.0 basis points
  • Federal Reserve's Balance Sheet $7.644 Trillion -.4% 
  • Federal Reserve's Discount Window Usage $3.006 Billion +19.9%
  • Federal Reserve's Bank Term Funding Program $141.202 Billion +4.0%
  • U.S. Sovereign Debt Credit Default Swap 47.0 +1.3%
  • Illinois Municipal Debt Credit Default Swap 181.65 +6.2%
  • Italian/German 10Y Yld Spread 170.0 +2.0 basis points
  • UK Sovereign Debt Credit Default Swap 36.20 +1.7%
  • China Sovereign Debt Credit Default Swap 65.87 +8.7%
  • Brazil Sovereign Debt Credit Default Swap 141.52 +6.6%
  • Israel Sovereign Debt Credit Default Swap 112.75 +1.0%
  • South Korea Sovereign Debt Credit Default Swap 28.8 +7.8%
  • China Corp. High-Yield Bond USD ETF(KHYB) 24.27 +.78%
  • China High-Yield Real Estate Total Return Index 83.47 +4.8%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +6.1% unch.
  • Zillow US All Homes Rent Index YoY +3.3% unch.
  • US Urban Consumers Food CPI YoY +3.0% unch.
  • CPI Core Services Ex-Shelter YoY +4.1% unch.
  • Cleveland Fed Inflation Nowcast Core PCE YoY +3.02% unch.: CPI YoY +3.32% unch.
  • 10-Year TIPS Spread 2.23% +6.0 basis points
  • TED Spread 22.0 -4.0 basis points
  • 2-Year SOFR Swap Spread -16.75 +1.75 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -4.5 -2.5 basis points
  • N. America Investment Grade Credit Default Swap Index 59.5 +4.8%
  • America Energy Sector High-Yield Credit Default Swap Index 167.0 +3.2
  • Bloomberg TRACE # Distressed Bonds Traded 297.0 +47.0
  • European Financial Sector Credit Default Swap Index 73.3 +8.5%
  • Deutsche Bank Subordinated 5Y Credit Default Swap 222.5 +8.3%
  • Emerging Markets Credit Default Swap Index 181.49 +8.8%
  • MBS 5/10 Treasury Spread 149.0 +8.0 basis points
  • Bloomberg CMBS Investment Grade Bbb Average OAS 966.0 +1.0 basis point
  • Avg. Auto ABS OAS .75 -1.0 basis point
  • M2 Money Supply YoY % Change -3.0% unch.
  • Commercial Paper Outstanding $1,215.1B -4.4%
  • 4-Week Moving Average of Jobless Claims 207,750 -2.2%
  • Continuing Claims Unemployment Rate 1.2% -10.0 basis points
  • Kastle Back-to-Work Barometer(entries in secured buildings) 23.9 -47.3%
  • Average 30-Year Fixed Home Mortgage Rate 6.95% -11.0 basis points
  • Weekly Mortgage Applications 173,500 -10.7%
  • Weekly Retail Sales +3.90% +40.0 basis points
  • OpenTable US Seated Diners % Change YoY +2.0% -1.0 percentage point
  • Box Office Weekly Gross $117.4M unch.
  • Nationwide Gas $3.09/gallon -.03/gallon
  • Baltic Dry Index 2,086.0 -.05%
  • Drewry World Container Freight Index $2,669.9/40 ft Box +60.8%
  • China (Export) Containerized Freight Index 936.8 +3.0%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.5 +7.1%
  • Truckstop.com Market Demand Index 35.8 +5.3%
  • Rail Freight Carloads 188,738 -26.2%
  • TSA Total Traveler Throughput 2,264,212 -11.7%
Best Performing Style
  • Large-Value -.6%
Worst Performing Style
  • Small-Cap Growth -5.3%
Leading Sectors
  • Shipping +6.8%
  • Pharma +4.1%
  • Insurance +1.6%
  • Utilities +1.5%
  • Energy +1.1%
Lagging Sectors
  • Electric Vehicles -5.3%
  • AI/Robotics -6.2%
  • Digital Health -6.5%
  • Semis -6.5%
  • Alt Energy -9.8%
Weekly High-Volume Stock Gainers (14)
  • TGTX, ELAN, XPRO, LQDA, RXRX, GBX, RHN, KGS, VTRS, LPG, SEM, CYTK, STZ and EWBC
Weekly High-Volume Stock Losers (19)
  • PZZA, HALO, YUMC, RUN, SATS, AXNX, DAR, BILI, XPEV, HUT, IMCR, DNLI, BGNE, PCVX, TBPH, OLMA, RYTM, MARA and CPRX
ETFs
Stocks
*5-Day Change