Saturday, June 06, 2026

Today's Headlines

Around X:

  • @Zerohedge 
  • @BarronsOnline
  • Had bullish commentary on (TPR) and (OKTA).
  • @IGSquawk 
  • @TheSCIF
  • California steals another election as another mail-in ballot drop dumps 450,000 votes putting Xavier Becerra ahead of Trump endorsed Steve Hilton at 26.7%, calling the race for Becerra. Steve Hilton: 26.6% 1,639,335 votes. Xavier Becerra 26.7% 1,655,927 votes. Of course they keep you occupied and the race tight and then steal it at the end. How did Hilton lose so many votes when he was almost at 28% earlier today? FRAUD. (video)
  • @itsharmanjot
  • @MarioNawfal
  • @CENTCOM
  • @GenXGirl1994
  • @EthanforMD
  • @WallStreetApes
  • @spaceandtech_
  • @DataChaz
  • @DerrickEvans4WV
  • @RealAlexJones
  • @DropSiteNews
  • @LibsofTikTok
  • Spencer Pratt got 0 out of 24,000 votes in a late night LA ballot drop. 0/24,000. A guy getting around 30% support got 0 out of 24,000. Astronomically small probability of happening. Impossible. California no longer even hides it. Doors need to be kicked in. They aren’t even trying to hide it.
  • @NicHulscher
  • 10,000% RISE IN ALPHA-GAL SYNDROME DEMANDS IMMEDIATE FBI INVESTIGATION FOR POSSIBLE BIOTERRORISM: 1. Farmers reporting mysterious boxes of ticks and possible aircraft drops. 2. Peer-reviewed paper says it's “morally obligatory” to release GMO ticks that spread Alpha-Gal Syndrome. 3. Bill Gates is spending MILLIONS funding GMO tick technology. 4. Gates also funds lab-grown/fake meat that doesn’t contain alpha-gal. 5. The U.S. Army previously released 270,000+ ticks into the wild for bioweapons research. (video)
  • @ZachCostello_
  • @saso_capital
  • @GeneralMCNews
  • @EricLDaugh
  • @w_terrence
  • @LightOnLiberty
  • @bennyjohnson
OpenVAERS:  
SKirsch.com:

Friday, June 05, 2026

Weekly Scoreboard*


S&P 500 7,405.6 -2.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 50,875.5 -.2%
  • NASDAQ 25,723.7 -4.3%
  • Russell 2000 2,830.7 -3.1%
  • NYSE FANG+ 17,080.4 -7.3%
  • Goldman 50 Most Shorted 300.7 -8.4%
  • Vaneck Social Sentiment 36.64 -10.1%
  • Wilshire 5000 73,042.5 -2.3%
  • Russell 1000 Growth 4,949.6 -3.8%
  • Russell 1000 Value 2,325.6 -.5%
  • S&P 500 Consumer Staples 934.3 +1.4%
  • Bloomberg Cyclicals/Defensives Index(Ex Telecom) 256.0 -2.8%
  • NYSE Technology 9,356.1 -4.3%
  • Transports 21,908.4 +2.4%
  • Utilities 1,111.5 +.3%
  • MSCI Europe Banks 119.43 -1.0%
  • MSCI Emerging Markets 64.7 -5.6%
  • Credit Suisse AllHedge Long/Short Equity Index 263.0 +.5%
  • Credit Suisse AllHedge Equity Market Neutral Index 134.3 -.1%
Sentiment/Internals
  • NYSE Cumulative A/D Line 618,080 +.1%
  • Nasdaq/NYSE Volume Ratio 14.9 +5.4%
  • Bloomberg New Highs-Lows Index 394 -863
  • Crude Oil Commercial Bullish % Net Position -17.8 +2.1%
  • CFTC Oil Net Speculative Position 160,998 -6.7%
  • CFTC Oil Total Open Interest 2,003,795 +.04%
  • Total Put/Call .90 +36.9%
  • OEX Put/Call .44 +22.5%
  • ISE Sentiment 179.0 +3.5%
  • NYSE Arms .88 -31.5%
  • Bloomberg Global Risk-On/Risk-Off Index 121.0 -.9%
  • Bloomberg US Financial Conditions Index 1.22 +12.0 basis points
  • Bloomberg European Financial Conditions Index 1.45 unch.
  • Volatility(VIX) 19.6 +16.8%
  • S&P 500 Intraday % Swing 1.12 +136.2%
  • CBOE S&P 500 3M Implied Correlation Index 11.4 +21.0%
  • G7 Currency Volatility (VXY) 6.40 +4.6%
  • Emerging Markets Currency Volatility (EM-VXY) 7.0 +1.6%
  • Smart Money Flow Index 21,344.9 +1.3%
  • NAAIM Exposure Index  86.8 -11.6
  • ICI Money Mkt Mutual Fund Assets $7.894 Trillion +1.4%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$1.575 Million
  • AAII % Bulls 36.3 +2.0%
Futures Spot Prices
  • CRB Index 384.0 -.2%
  • Crude Oil 90.58/bbl. +2.6%
  • Reformulated Gasoline 304.9 -.1%
  • Natural Gas 3.22 -1.6%
  • US Power PJM Western Hub Peak Forward Y1 74.6 USD/Megawatt +.7% 
  • Dutch TTF Nat Gas(European benchmark) 48.8 euros/megawatt-hour +6.0%
  • Heating Oil 359.8 +1.4% 
  • Newcastle Coal 147.0 (1,000/metric ton) +7.7%
  • Gold 4,322.9 -4.8%
  • Silver 68.15 -9.2%
  • Bloomberg Industrial Metals Index 182.44 -1.8%
  • Copper 626.5 -1.8%
  • US No. 1 Heavy Melt Scrap Steel 401.0 USD/Metric Tonne -2.4%
  • China Iron Ore Spot 101.70 USD/Metric Tonne -2.7%
  • China Battery Grade Lithium Carbonate 27,250.0 USD/metric tonne -7.6%
  • inSpectrum Tech Inc. DRAM Spot DDR4 16Gb 2048Mx8 61.99 +6.7%  
  • CME Lumber 607.0 +3.7%
  • UBS-Bloomberg Agriculture 1,344.7 -3.2%
  • US Gulf NOLA Potash Spot 342.50 USD/Short Ton unch.
  • US Gulf NOLA Urea Granular Spot 553.50 USD/Short Ton -4.0% 
Economy
  • Atlanta Fed GDPNow Q2 Forecast +3.0% -.7 percentage point
  • US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 14.7 -.6 percentage point
  • NY Fed Real-Time Weekly Economic Index 3.23 +7.0%
  • Caldara Iacoviello Geopolitical Risk Index 113.9 -47.0% 
  • Global Monitor Iran Instability Index 84.0 -2.0
  • Strait of Hormuz Oil Tanker Traffic Curtailed 90.0% -7.0 percentage points
  • US Economic Policy Uncertainty Index 262.6 +17.9%
  • Bloomberg Global Trade Policy Uncertainty Index 1.1 +.5
  • DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
  • S&P 500 Current Quarter EPS Growth Rate YoY(495 of 500 reporting) +28.0% n/a
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 362.69 +n/a:  Growth Rate +23.3% +n/a percentage points, P/E 20.9 -n/a
  • S&P 500 Current Year Estimated Profit Margin 15.47% -2.0 basis points
  • NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +66.6% +n/a percentage points
  • NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 896.84 +n/a: Growth Rate +72.9% +n/a percentage points, P/E 20.0 -n/a
  • Citi US Economic Surprise Index 63.2 +18.3 points
  • Citi Eurozone Economic Surprise Index -49.3 +18.1 points
  • Citi Emerging Markets Economic Surprise Index 39.90 +4.5 points
  • Fed Fund Futures imply 3.8%(+3.4 percentage points) chance of -25.0 basis point cut to 3.25-3.5%, 96.2%(-3.4 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 100.05 +1.2%
  • MSCI Emerging Markets Currency Index 1,863.4 -.6%
  • Bitcoin/USD 59,690.2 -17.7%
  • Euro/Yen Carry Return Index 210.73 -.5%
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.53 -1.6%
  • Yield Curve(2s/10s) 37.75 -5.0 basis points
  • 10-Year US Treasury Yield 4.54% +11.0 basis points
  • Japan 30-Year Yield 3.90% -3.0 basis points
  • Federal Reserve's Balance Sheet $6.664 Trillion +.1%
  • Federal Reserve's Discount Window Usage $6.325 Billion +5.6%
  • U.S. Sovereign Debt Credit Default Swap 42.4 +1.0%
  • Illinois Municipal Debt Credit Default Swap 181.9 -1.7%
  • Italian/German 10Y Yld Spread 76.0 +5.0 basis points
  • UK Sovereign Debt Credit Default Swap 19.1 -.3%
  • China Sovereign Debt Credit Default Swap 40.7 +1.9%
  • Brazil Sovereign Debt Credit Default Swap 123.5 +4.0%
  • Israel Sovereign Debt Credit Default Swap 55.6 -1.6%
  • Dubai Sovereign Debt Credit Default Swap 77.2 -1.4%
  • South Korea Sovereign Debt Credit Default Swap 23.0 +3.4%
  • China Corp. High-Yield Bond USD ETF(KHYB) 24.1 -.1%
  • China High-Yield Real Estate Total Return Index 119.6 +.9%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +3.6% unch.
  • Zillow US All Homes Rent Index YoY +1.7% unch.
  • US Urban Consumers Food CPI YoY +3.2% unch.
  • CPI Core Services Ex-Shelter YoY +3.2% unch.
  • Cleveland Fed Inflation Nowcast Core PCE YoY +3.33% +2.0 basis points: CPI YoY +4.18% unch.
  • 1-Year TIPS Spread 2.64 +1.0 basis point
  • 10-Year TIPS Spread 2.37 -3.0 basis points
  • Treasury Repo 3M T-Bill Spread 11.5 +5.5 basis points
  • 2-Year SOFR Swap Spread -14.25 unch.
  • 3-Month EUR/USD Cross-Currency Basis Swap -.75 unch.
  • N. America Investment Grade Credit Default Swap Index 52.0 +2.7% 
  • BofA Private Credit Proxy Index 71.1 -1.4%
  • America Energy Sector High-Yield Credit Default Swap Index 152.0 +43.6%
  • High-Yield Tech Sector OAS Index 429.7 -1.1% 
  • Bloomberg TRACE # Distressed Bonds Traded 249.0 +24.0
  • European Financial Sector Credit Default Swap Index 56.2 +1.6%
  • Emerging Markets Credit Default Swap Index 151.3 +.4%
  • MBS 5/10 Treasury Spread 111.0 +2.0 basis points
  • Bloomberg CMBS Investment Grade Bbb Average OAS 550.0 +7.0 basis points
  • Avg. Auto ABS OAS .47 unch.
  • M2 Money Supply YoY % Change +4.7% +10.0 basis points
  • Commercial Paper Outstanding $1,401.7B +.8%
  • 4-Week Moving Average of Jobless Claims 214,750 +3.1%
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Kastle Back-to-Work Barometer(entries in secured buildings) 52.62 -2.5%
  • Average 30-Year Fixed Home Mortgage Rate 6.60% -1.0 basis point
  • Weekly Mortgage Applications 252,800 -2.5%
  • Weekly Retail Sales +8.9% unch.
  • OpenTable US Seated Diners % Change YoY +13.0% unch.
  • Box Office Weekly Gross $267.1M +78.5%
  • Nationwide Gas $4.22/gallon -.17/gallon
  • Baltic Dry Index 3,037.0 -5.8%
  • Drewry World Container Freight Index $3,432.9/40 ft Box +22.6%
  • China (Export) Containerized Freight Index 1,411.6 +3.3%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 210.0 -2.3%
  • Truckstop.com Market Demand Index 155.4 -4.1%
  • Rail Freight Carloads 264,449 -9.7%
  • TSA Total Traveler Throughput 2,773,608 +20.2% 
  • US Morning Consult Daily Consume Sentiment Index 92.6 +6.4 points
  • Rasmussen Reports Daily Presidential Approval Tacking Poll 41.0% -1.0 percentage point
Best Performing Style
  • Large-Cap Value unch.
Worst Performing Style
  • Small-Cap Growth -3.9%
Leading Sectors
  • Education +4.5%
  • Insurance +4.3%
  • Energy +3.7%
  • Healthcare Providers +3.5%
  • Road & Rail +3.5%
Lagging Sectors
  • Software -5.0%
  • AI Innovation -6.5%
  • Airlines -8.0%
  • Alt Energy -8.7%
  • Gold & Silver -10.6%
Weekly High-Volume Stock Gainers (18)
  • COO, GIII, ABM, COKE, ARCB, PODD, ARGX, KMB, KVUE, REZI, EG, TWFG, AGX, KO, HRTG, FRO and PPC
Weekly High-Volume Stock Losers (46)
  • ABVX, CEF, GFI, BSTZ, MLYS, AVGO, SCVL, PLAB, AEM, DOCU, PSLV, DMRA, DRUG, PKX, LULU, ASST, BLSH, DXYZ, VPG, RLAY, GWRE, AMBA, GRRR, BIDU, MSTR, ASX, INSM, NNE, HL, GENB, ADUR, HBM, GLXY, BTDR, NOK, UUUU, RDW, AMRC, OUST, QUIK, FCEL, CRNC, BRUN, TSAT, ALM and PL
ETFs
Stocks
*5-Day Change



Stocks Substantially Lower into Afternoon on Fed Rate-Hike Worries, Crypto Plunge, Sector Rotation, Tech/Alt Energy Sector Weakness

Overseas Futures:

  • Nikkei 225 Futures: Indicating -1,490 open in Japan 
  • China A50 Futures: Indicating -266 open in China
  • DAX Futures: Indicating -29 open in Germany
Portfolio:
  • Slightly Lower: On losses in my financial/industrial/tech/consumer discretionary sector longs
  • Disclosed Trades: Added to my (IWM)/(QQQ) hedges and to my emerging market shorts, then covered some
  • Market Exposure: Moved to 50% Net Long