Saturday, March 14, 2026

Today's Headlines

Around X:

  • @Zerohedge 
  • @BarronsOnline
  • Had bullish commentary on (MSFT) and (FCX).
  • @IGSquawk 
  • @RepKeithSelf
  • @bennyjohnson
  • @MarioNawfal
  • @ShadowofEzra
  • @TheSCIF
  • @WallStreetMav
  • @BretWeinstein
  • @TedPillows
  • @KobeissiLetter
  • @RenzTom
  • @LauraLoomer
  • @Libsoftiktok
  • @WallStreetApes
  • @EricLDaugh
  • @Worldsource24
  • @MonitorX99800
  • @nogps1
  • @silvertrade
  • @amuse
  • @glennbeck
  • @JimFergusonUK
  • BREAKING: WARNING FROM U.S. FARMER: FERTILIZER PRICES EXPLODE 77%. An American farmer from Iowa says fertilizer prices have surged 77% in just 12 days since the start of the U.S.–Iran conflict. Why does this matter? Because fertilizer is the backbone of modern agriculture. Nearly 30% of global fertilizer supply moves through the Strait of Hormuz — the same choke point now at the center of escalating tensions. If shipping is disrupted, the chain reaction is simple: (video)
  • @RealLindellTV
  • SAVE ACT STALLED BECAUSE “SOME STATES WANT ILLEGALS VOTING” - SEN. HAWLEY. When our reporter asked Sen. @HawleyMO what he would say to Americans frustrated by the lack of progress on the SAVE America Act, Hawley didn’t hold back. “It’s not moving… it’s completely stuck.” "Those who say this is extreme. No, it's not. This is what we do in my home state of Missouri. We have voter ID. We have had for years." he said. “It’s just a few states who don’t want to do it because they want illegals voting.” He also said if Democrats want to block the bill, they should have to actually hold the floor and filibuster the old-fashioned way. “If they want to stall it, they should have to stand on the floor and talk like in the old days.” Hawley warned that the real problem right now in Washington is simple: NOTHING IS MOVING. (video)
  • @wmiddelkoop
  • @DC_Draino
  • @clashreport
  • @NoLimitGains
  • @MacroEdgeRes
  • @HyperTechInvest
  • @Market_Mind_
  • @thematrixb0t
  • @EnergyFluxNews
  • @P_Kallioniemi
  • @AJENews
  • @shanaka86
  • @biancoresearch
  • @newstart_2024
  • @VladTheInflator
  • @WallStreetApes
  • @ProjectConstitu
  • @nogps1
  • @DowdEdward
OpenVAERS:  
SKirsch.com:

Friday, March 13, 2026

Weekly Scoreboard*


S&P 500 6,65.2 -1.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 46,660.0 -1.7%
  • NASDAQ 22,155.8 -1.0%
  • Russell 2000 2,479.8 -1.8%
  • NYSE FANG+ 14,634.2 -1.7%
  • Goldman 50 Most Shorted 256.6 -.1%
  • Vaneck Social Sentiment 30.6 -.6%
  • Wilshire 5000 65,657.0 -1.3%
  • Russell 1000 Growth 4,422.2 -1.7%
  • Russell 1000 Value 2,113.0 -1.2%
  • S&P 500 Consumer Staples 953.6 -.02%
  • Bloomberg Cyclicals/Defensives Index(Ex Telecom) 242.2 -2.2%
  • NYSE Technology 6,972.5 -.5%
  • Transports 17,718.1 -4.0%
  • Utilities 1,187.0 +1.7%
  • MSCI Europe Banks 108.1 -.9%
  • MSCI Emerging Markets 57.1 -.32%
  • Credit Suisse AllHedge Long/Short Equity Index 254.05 -1.44%
  • Credit Suisse AllHedge Equity Market Neutral Index 132.41 -1.22%
Sentiment/Internals
  • NYSE Cumulative A/D Line 600,287 -1.1%
  • Nasdaq/NYSE Volume Ratio 10.3 -1.2%
  • Bloomberg New Highs-Lows Index -246 -237
  • Crude Oil Commercial Bullish % Net Position -20.9 -.6%
  • CFTC Oil Net Speculative Position 172,150 -.33%
  • CFTC Oil Total Open Interest 2,073,033 -1.4%
  • Total Put/Call .84 -13.5%
  • OEX Put/Call 1.0 +170.0%
  • ISE Sentiment 115.0 -8.9%
  • NYSE Arms .78 +9.5%
  • Bloomberg Global Risk-On/Risk-Off Index 98.8 +1.75%
  • Bloomberg US Financial Conditions Index .15 -23.0 basis points
  • Bloomberg European Financial Conditions Index .92 -33.0 basis points
  • Volatility(VIX) 27.3 -7.4%
  • S&P 500 Intraday % Swing 1.38 +49.9%
  • CBOE S&P 500 3M Implied Correlation Index 26.1 +12.2%
  • G7 Currency Volatility (VXY) 8.54 -.2%
  • Emerging Markets Currency Volatility (EM-VXY) 8.80 -1.6%
  • Smart Money Flow Index 20,962.8 +2.1%
  • NAAIM Exposure Index  67.0 -12.3
  • ICI Money Mkt Mutual Fund Assets $7.818 Trillion +.01%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$11.537 Million
  • AAII % Bulls 31.9 -3.6%
Futures Spot Prices
  • CRB Index 365.0 +8.4%
  • Crude Oil 98.3/bbl. +6.1%
  • Reformulated Gasoline 303.7 +7.7%
  • Natural Gas 3.13 -1.7%
  • US Power PJM Western Hub Peak Forward Y1 73.7 USD/Megawatt +1.3% 
  • Dutch TTF Nat Gas(European benchmark) 50.1 euros/megawatt-hour -5.1%
  • Heating Oil 399.2 +9.8% 
  • Newcastle Coal 138.0 (1,000/metric ton) +.7%
  • Gold 5,045.4 -2.3%
  • Silver 81.0 -4.1%
  • Bloomberg Industrial Metals Index 170.9 -.8%
  • Copper 574.0 -1.4%
  • US No. 1 Heavy Melt Scrap Steel 382.0 USD/Metric Tonne +1.1%
  • China Iron Ore Spot 105.6 USD/Metric Tonne +2.6%
  • China Battery Grade Lithium Carbonate 23,625.0 USD/metric tonne n/a
  • inSpectrum Tech Inc. DRAM Spot DDR4 16Gb 2048Mx8 68.1 -1.2% 
  • CME Lumber 599.0 +2.1%
  • UBS-Bloomberg Agriculture 1,362.3 +1.3%
  • US Gulf NOLA Potash Spot 302.0 USD/Short Ton +.2%
  • US Gulf NOLA Urea Spot 602.5 +5.7%
Economy
  • Atlanta Fed GDPNow Q1 Forecast +2.7% -.3 percentage point
  • US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 25.3 -2.3 percentage points
  • NY Fed Real-Time Weekly Economic Index 2.62 +5.7%
  • Caldara Iacoviello Geopolitical Risk Index 394.2 -14.6% 
  • Global Monitor Iran Instability Index 90.0 -4.0
  • Strait of Hormuz Oil Tanker Traffic Curtailed 95.0% +3.0 percentage points
  • US Economic Policy Uncertainty Index 306.0 -15.3%
  • Bloomberg Global Trade Policy Uncertainty Index .9 -.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(497 of 500 reporting) +13.6% -.1 percentage point
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 325.55 +1.78:  Growth Rate +17.2% +.6 percentage point, P/E 20.5 -.6
  • S&P 500 Current Year Estimated Profit Margin 14.78% +2.0 basis points
  • NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +28.1% unch.
  • NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 525.27 +13.24: Growth Rate +32.0% +.9 percentage points, P/E 28.3 -.5
  • Citi US Economic Surprise Index 27.2 -2.4 points
  • Citi Eurozone Economic Surprise Index 6.3 -15.9 points
  • Citi Emerging Markets Economic Surprise Index 37.8 -.2 point
  • Fed Fund Futures imply .9%(-2.6 percentage points) chance of -25.0 basis point cut to 3.25-3.5%, 99.1%(+2.6 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 3.75-4.0% on 3/18/26
  • US Dollar Index 100.3 +1.5%
  • MSCI Emerging Markets Currency Index 1,853.5 -.09%
  • Bitcoin/USD 70,993.2 +6.6%
  • Euro/Yen Carry Return Index 207.6 -.4%
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.74 -1.78%
  • Yield Curve(2s/10s) 55.0 -3.5 basis points
  • 10-Year US Treasury Yield 4.28% +17.0 basis points
  • Japan 30-Year Yield 3.53% +12.0 basis points
  • Federal Reserve's Balance Sheet $6.599 Trillion +.28%
  • Federal Reserve's Discount Window Usage $4.853 Billion +2.0%
  • U.S. Sovereign Debt Credit Default Swap 39.8 +8.7%
  • Illinois Municipal Debt Credit Default Swap 195.7 +2.4%
  • Italian/German 10Y Yld Spread 81.0 +5.0 basis points
  • UK Sovereign Debt Credit Default Swap 18.1 +11.0%
  • China Sovereign Debt Credit Default Swap 48.6 +4.1%
  • Brazil Sovereign Debt Credit Default Swap 138.9 +.9%
  • Israel Sovereign Debt Credit Default Swap 80.3 -8.1%
  • Dubai Sovereign Debt Credit Default Swap 69.8 +20.5%
  • South Korea Sovereign Debt Credit Default Swap 28.7 +11.1%
  • China Corp. High-Yield Bond USD ETF(KHYB) 24.23 -.78%
  • China High-Yield Real Estate Total Return Index 119.52 -.73%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +3.7% -10.0 basis points
  • Zillow US All Homes Rent Index YoY +1.9% unch.
  • US Urban Consumers Food CPI YoY +3.1% +20.0 basis points
  • CPI Core Services Ex-Shelter YoY +2.9% +10.0 basis points
  • Cleveland Fed Inflation Nowcast Core PCE YoY +2.83% -12.0 basis points: CPI YoY +2.87% +46.0 basis points
  • 1-Year TIPS Spread 4.68 +21.0 basis points
  • 10-Year TIPS Spread 2.38 +3.0 basis points
  • Treasury Repo 3M T-Bill Spread 5.5 +3.25 basis points
  • 2-Year SOFR Swap Spread -18.25 -.5 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap -3.75 -.25 basis point
  • N. America Investment Grade Credit Default Swap Index 61.1 +3.6%
  • BofA Private Credit Proxy Index 70.4 -3.2%
  • America Energy Sector High-Yield Credit Default Swap Index 115.0 +2.2%
  • High-Yield Tech Sector OAS Index 543.6 -1.0% 
  • Bloomberg TRACE # Distressed Bonds Traded 277.0 +2.0 
  • European Financial Sector Credit Default Swap Index 69.0 +6.2%
  • Emerging Markets Credit Default Swap Index 149.8 +2.4%
  • MBS 5/10 Treasury Spread 121.0 +8.0 basis points
  • Bloomberg CMBS Investment Grade Bbb Average OAS 588.0 +7.0 basis points
  • Avg. Auto ABS OAS .49 +1.0 basis point
  • M2 Money Supply YoY % Change +4.3% unch.
  • Commercial Paper Outstanding $1,410.0B +.9%
  • 4-Week Moving Average of Jobless Claims 212,000 -1.9%
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Kastle Back-to-Work Barometer(entries in secured buildings) 56.9 +5.9%
  • Average 30-Year Fixed Home Mortgage Rate 6.17% +6.0 basis points
  • Weekly Mortgage Applications 389,600 +3.2%
  • Weekly Retail Sales +6.2.% -60.0 basis points
  • OpenTable US Seated Diners % Change YoY +8.0% -9.0 percentage points
  • Box Office Weekly Gross $141.9M +41.0%
  • Nationwide Gas $3.63/gallon +.31/gallon
  • Baltic Dry Index 1,972.0 -1.9%
  • Drewry World Container Freight Index $2,122.6/40 ft Box +8.4%
  • China (Export) Containerized Freight Index 1,072.2 +1.7%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 325.0 +8.3%
  • Truckstop.com Market Demand Index 125.9 +7.4%
  • Rail Freight Carloads 283,107 +1.6%
  • TSA Total Traveler Throughput 2,788,748 +19.3% 
  • Rasmussen Reports Daily Presidential Approval Tacking Poll 44.0% -1.0 percentage point
Best Performing Style
  • Large-Cap Value -1.3%.
Worst Performing Style
  • Mid-Cap Growth -3.0%
Leading Sectors
  • Disk Drives +5.2%
  • Alt Energy +4.0%
  • Coal +3.5%
  • Energy +3.1%
  • Networking +3.0%
Lagging Sectors
  • Computer Services -4.9%
  • Defense -5.2%
  • Shipping -5.3%
  • Airlines -6.4%
  • Gold & Silver -6.4%
Weekly High-Volume Stock Gainers (21)
  • APEI, ORKA, LOCO, KLAR, SSL, AXTI, CIFR, TSEM, SNDK, INMD, AHCO, NBIS, VG, BMNR, OLLI, MU, MUR, WULF ESI, NKTR and KEP
Weekly High-Volume Stock Losers (59)
  • BRKR, JBTM, BEPC, CRM, GRAL, PONY, KMTS, ECAT, HXL, META, ATRO, VVX, LMRI, KMTS, SA, ATRO, TFPM, MT, GDOT, ANDG, OCS, CMCO, RYTM, MIR, GPGI, CNTA, CRS, TECK, INFQ, CVGW, HMY, SIBN, SII, KGC, VIA, AERO, CTGO, PAAS, ADBE, IAG, OII, SBSW, PVLA, BWLP, ZUMZ, SLNO, STOK, TTAN,  PODD, STOK, TTAN, AVO, AU, CACC, OFRM, GFI, ULTA, HNRG, BW and PAR
ETFs
Stocks
*5-Day Change



Stocks Reversing Lower into Afternoon on Prolonged Mideast War Fears, Global Supply Chain Disruption Worries, Rising Long-Term Rates

Overseas Futures:

  • Nikkei 225 Futures: Indicating -530 open in Japan 
  • China A50 Futures: Indicating +5 open in China
  • DAX Futures: Indicating +11 open in Germany
Portfolio:
  • Higher: On gains in my tech sector longs, index hedges and emerging market shorts
  • Disclosed Trades: Added to my (IWM)/(QQQ) hedges
  • Market Exposure: Moved to Market Neutral

Monday's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open:
  • (DLTR)/2.53 
After the Close: 
  • (SMTC)/.03
  • (GETY)/.03 
Economic Release 

8:30 am EST

  • Empire Manufacturing for March is estimated to fall to 3.9 versus 7.1 in Feb. 

9:15 am EST

  • Industrial Production MoM for Feb. is estimated to rise +.1% versus a +.7% gain in Jan.
  • Manufacturing Production for Feb. is estimated to rise +.2% versus a +.6% gain in Jan.
  • Capacity Utilization for Feb. is estimated at 76.2% versus 76.2% in Jan. 

10:00 am EST

  • The NAHB Housing Market Index for March is estimated to rise to 37 versus 36 in Feb. 

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Dallas Fed PCE for Feb., JPMorgan Industrials Conference, BNP Paribas Transforming Industrials Conference Oppenheimer MedTech/Services Conference, (NWSA) investor meeting, (OKTA) investor meeting and the UBS Energy/Utilities Conference could also impact global trading on Monday.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST