Today's Headlines

Bloomberg:   

• IMF Urges Central Banks to ‘Stay the Course’ Till Prices Tamed.
• Russia’s War Means G-20 Finance Meeting Ends Without Communiqué.  
• Hong Kong Airline Worker Shortage Hits City’s Push to Reopen.
• China’s Flu Infections Are on the Rise as Covid Ebbs.  
• Europe’s Parched Lifeline Flashes Trade Disruption Warning.   
• Germany Faces $1 Trillion Challenge to Plug Massive Power Gap.
• Euro-Area Core Inflation’s Refusal to Slow Set to Worry ECB.
• Yellen Notes Inflation Problem But Still Sees Soft Landing Path.  
• Millions of US Workers Are Still Missing After Covid. Where Did They Go? 
• Berkshire Rail, Insurance Units See Earnings Hit on Weak Demand.  
• US Lawmaker Concern Over Mexico Steel Revives Trump-Era Conflict.
• A One-Way Market Foils Stock Pickers as Fed Trounces Everything.
• The Year That Redrew the Energy Map.  
• Subprime Auto Lender American Car Center Closes for Business.
  
• Carvana’s Tale of Debt and Losses Looks a Lot Like Old Hertz.
• What Are Zero-Day Stock Options? Why Do They Matter?
• Sequoia Capital Resigns from Board of Crime App Citizen: FT.  
• Charting the Global Economy: Inflation Quickens in US, Europe.

Wall Street Journal: 

• Ohio Train Derailment Contamination Fears Spread Beyond East Palestine.
• More Americans Are Turning to Part-Time Jobs.
• Americans in Their 30s Are Piling On Debt.
• Ukraine Is the West’s War Now.
• Office Landlord Defaults Escalate as Lenders Brace for More Distress.
• China Sticks Close to Russia as It Makes Diplomatic Push.
• Ancient Farming Practice Draws Cash From Carbon Credits.
• First Big U.S. EV-Battery Plant Offers Lessons as Industry Springs Up.
• A Trader Says Code Let Him Withdraw Millions From a Crypto Exchange. Prosecutors Say He Crossed a Line.
• The Truth About the Four-Day Workweek, From People Who Have Tried It.
• U.S. Weapons Pledge to Ukraine Exposes Cracks in Defense Supply Chain.

Barron's:

• Had bullish commentary on (URI), (DE), (HON), (GOOG), (ZBH), (SYK) and (FE).

Fox News:

• Thousands of East Palestine locals fill gymnasium to hear Erin Brockovich's advice after train derailment. 
• NFL star says he 'can't run or jump' due to injuries, warns future players.
• Disney's year of enduring box office bombs, subscriber losses and layoffs.
• Customers can't believe what Costco is charging for this menu item.

CNBC:

• Berkshire Hathaway Q4 operating earnings fall 8%, cash hoard swells to nearly $130 billion.
• How an obscure legal doctrine called the Henderson test could change free speech on the internet.
• ‘A tsunami effect’: ETF fund manager bets on the robot boom.
• Warren Buffett calls stock buyback critics ‘economic illiterate’ in Berkshire Hathaway annual letter. 
• FDA says Guillain-Barre syndrome is possible risk of Pfizer’s RSV vaccine for older adults.

Zero Hedge: 

• Hunter Biden Business Partner Flips, Now 'Cooperating' With GOP Investigators. 
• Big Bear Receives More Snowfall This Week Than Average Year.
• Erin Brockovich Says There's No "Quick Fix" For Ohio Train Derailment.
• Goldman Trader: "The Flow Dynamics From Here Are Very Negative" Until Early March.
• Cloward & Piven Are Laughing All The Way To The Welfare Agency.
• Gavin Newsom's Wife Accused Of Profiting From 'Gender Justice' Films For Schoolchildren.
• Vandy DEI Office Used ChatGPT To Write Message About Mass Shooting.
• China's Central Bank Likely Owns 4,309 Tonnes Of Gold, More Than Double What Is Officially Disclosed.
• LA's Soros DA Suspends Prosecutor For 'Misgendering' Child Molester Accused Of Murder.
• CBDCs - The Good, The Bad, & The Downright Ugly.
• Media Bewildered As Russian Economy Projected To Grow In 2023 Despite NATO Sanctions.
• Conservative Entrepreneurs Step Up To Serve Customers Alienated by Woke Corporations.
• Zelensky "Open" To China's Peace Proposal, Wants To Meet Xi Jinping To Discuss.
• Is The Deep State Getting Desperate?
• Highlights From Warren Buffett's 2022 Letter.
• Fear And Greed With A Roll Of The Dice.
• America's Largest Power Grid Faces Worsening Reliability Risks.
• Powell's Gettysburg Moment, The USDollar's Waterloo, & Today's Open Madness.
• Greens Demand Change In Germany's "Failed" Immigration Policy.
• Ukraine War Could Last Another 12 Months, Says UK Defence Chief On Anniversary.
• Deconstruction: Why Leftist Movements Cannot Coexist With People That Value Freedom.
• House GOP Investigate State Department-Funded 'Disinformation' Group Behind Conservative Blacklists.
• These Are The World's Oldest Populations.
• Education: Civilizational Order Vs. Post-Modern Anarchy.
• While Proposing Peace In Ukraine, China Issues Scathing Tome Over "The Perils Of US Hegemony".
• Russia In Talks With China To Buy Suicide Drones: German Media.
• DeSantis Calls Out 'Media Lies' - Will Boycott NBC And Affiliates Until Andrea Mitchell Issues Correction.
• Trailer Park Millionaires: Tiny Home In The Hamptons Sells For Record $3.75 Million.

MarketWatch.com:             

• Warren Buffett’s Berkshire posts 8% drop in operating earnings as railroad business sags.
  
• Elon Musk to unveil Tesla’s ‘Master Plan 3’ on Wednesday’s investor day — here’s what to expect.  
• Inflation woes: Why organic-food shoppers are especially feeling the pinch.   
• This little-known indicator with an excellent record is projecting below-average long-term returns.

NewsMax:

• GOP Will Take Critical Look at Buttigieg's Ohio Derailment Response.  
• Rep. Comer: DirecTV Needs to Work This Out 'or Else'.
• Rep. Burchett: Repubs Should Boycott Liberal Media.
• Rep. Fry: DirecTV's Actions Should Be 'Wake-Up Call'.

TheGatewayPundit.com:

• ERIC Empty: Alabama Secretary of State Wes Allen Visits ERIC Headquarters in Washington DC – But Nobody was There, There Were No Servers, There Were No Computers, There Were No Employees.
• Shock Report: Sen. Fetterman Was Hospitalized Because He Was Unable to Take Care of Himself.
• FOX News Board Member Paul Ryan Says He Will NOT Attend the RNC if the Nominee is Donald Trump.
• “My Voice Sounds Like Mickey Mouse” – East Palestine Residents Report Shocking New Symptoms After Train Derailment and Toxic Disaster.
• Florida Bill Would Ban Gender Studies and Critical Race Theory Majors at Universities.
• WINNING: Two Major Universities Drop “Diversity, Equity and Inclusion” Requirements after Backlash.
• Ukrainian Politician Says US Should Give Her Nation $500 BILLION With Assets Seized From Russian Oligarchs.
• USA Today Drops Dilbert Over Creator Scott Adams’ Online Commentary About Race Relations.
• WATCH: Zelenskyy Trashes Americans Who Oppose Giving More of Our Money to Ukrainian Regime.
• Republicans Embrace Early Voting – They Think This Will Help them Beat Democrats and a Corrupt Election System in 2024.
• Joe Biden ‘Can’t Recall’ if He Has Spoken to the Mayor of East Palestine, OH (VIDEO).
• What’s Going On? Massive Fires Break Out at Three Mexico State-Owned Oil Facilities Including One in Texas Within 24 Hours (VIDEO).
• Jan 6er JEFF SABOL Goes Missing After Raising Complaints of Jail Abuse – PLEASE HELP JEFF BY DONATING BELOW.
• Leo Hohmann: Biden stacking his administration with Trilateral Commission members: Appointment to head World Bank is latest Trilateral stooge.

The Epoch Times:

• TikTok Banned in European Union’s Governing Bodies Over Security Concerns.
• LIVE NOW: Rep. Mike Gallagher Leads Rally Against CCP ‘Police Station’ in New York City’s Chinatown.

Twitter:

• @ChinaUncensored - More Mass Protests in China. (video)
• @ConceptualJames - So much starvation is coming if we don't stop this ESG catastrophe basically yesterday. Nonparticipating businesses in the food production sectors "will simply not participate" in the ESG economy.
• @SaraGonzalesTX - There were three separate fires in three different oil refineries owned by the same company, Pemex. All in one day. What is going on??? (video)
• @VidmaxMedia - New Footage From Jan 6th Shows Cops Calling Protesters Inside Capital 'Pretty Cool'. This is why they've been hiding all the footage, it was NOT an #Insurrection. (video)
• @IGSquawk - Weekend markets update: #DAX 15231 -0.03% #DOW 32815 +0.07% #NASDAQ 11967 -0.05% #FTSE 7912 +0.02% #HANGSENG 19707 -0.01% #GBPUSD 11954 +0.12% #EURUSD 10547 +0.01% #USDJPY 13651 +0.01%.

OpenVAERS:

• VAERS US COVID Vaccine Adverse Event Reports. 938,175 Reports(+1,692 from prior week) Through February 17th, 2023. 

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Evening Headlines

Bloomberg:                       

• Biden Defends Ohio Train Wreck Response, Not Planning Visit.
• China’s Ukraine Plan Is All About Challenging the US.  
• Ex-ASML Employee Accused of Data Theft Is Being Probed for Ties to China.
• Biden Troubled China Did Not Take Pentagon Call Over Balloon.
• Euro-Area Core Inflation’s Refusal to Slow Set to Worry ECB.
• This Week in China: Hedge Funds Are Exiting the Reopening Trade.
  
• Fed Officials Flag Risk of Sticky Inflation as PCE Comes in Hot.
• Warnings of a Stock Market Bubble Finally Prove Too Much for S&P 500.
  
• Fed May Need to Hike to 6.5% to Cool Prices, Study Says.  
• Plant-Based Food Maker Eat Just to Lay Off About 18% of Employees in Egg Division.
  
• Louisiana Opts to Auction Bonds to Avoid GOP Anti-ESG Quandary.  
• HBO Max Sues Paramount Over ‘South Park’ Streaming Rights.

Wall Street Journal: 

• Key iPhone Feature Helps Criminals Steal Digital Troves.
• Adderall, OxyContin Prescriptions to Require In-Person Doctor Visit.
• Eight Ways the Russia-Ukraine War Changed the World.
• As China Calls for Peace, U.S. Believes Beijing Is Considering Artillery and Drone Deliveries to Moscow.
• NATO’s Biggest European Members Float Defense Pact With Ukraine.
• Battle of the Inflation Bulge. The PCE price rebound in January supports the view of the Federal Reserve’s hawks.
  

Fox News:

• Republicans, Dems both fear fallout from Newsom's latest scheme.
• Environmental activist visits East Palestine after toxic train derailment.

CNBC:

• Stocks close lower after hot inflation data; major averages log worst week in 2023: Live updates.
• Luxury EV maker Lucid appears to have a demand problem.
• As new data shows inflation rose in January, here’s what consumers can expect next.
• Warner Bros. Discovery sues Paramount over ‘South Park’ streaming rights.

Zero Hedge: 

• Congress Prepares To Investigate COVID-19 Vaccines.
• US Military Aid To Ukraine Exceeds The Costs Of Afghanistan.
• Hartnett: "The Next Great Bull Markets Starts After The Next Recession, When The Fed Is Forced To Bail Out The US".
• Weaponizing Global Depression.
• How Picking Up A Shovel Might Solve The Masculinity Crisis.
• Wave Of Wall Street Banks Join JPMorgan In ChatGPT Crackdown.
• Watch: MSNBC Talking Head Calls GOP "Front For A Terrorist Organisation".
• "Shocked" Goldman Trader: "This Was The Largest 0DTE Block Trade I Have Ever Seen".
• The Dark Biden Rises: The Reinvention Of Hunter In A New And Menacing Image.
• Marjorie Taylor Greene Introduces Bill To Audit Billions Flowing To Ukraine.
• One-Size-Fits-All Education Doesn't Work Well, But Diversity Advocates Are Hitting The Accelerator.
• What Did They Get Right?
• Shaken, not stirred (yet).
• Questions For The Washington Uniparty On Ukraine, One Year Later.
• Stocks and Bonds lower as Hot PCE adds to hawkish pricing - Newsquawk US Market Wrap.
• Bonds, Stocks, & Bitcoin Battered By (G)Rate Expectations Repricing.
• Study Reveals America's Top 'Dirtiest' Cities Are Run By Democrats.

.MarketWatch.com:             

• More than 110,000 tech-sector employees have lost their jobs since the start of 2023.
  
• Elon Musk to unveil Tesla’s ‘Master Plan 3’ on Wednesday’s investor day — here’s what to expect.
  
• The price of organic strawberries has soared 224% in the past year.  
• The real impact of Russia’s invasion of Ukraine on commodities.

NewsMax: 

• Reporters Pepper WH With Questions: Why Hasn't Biden Gone to Ohio?  
• Rep. Comer: DirectTV Needs to Work This Out 'or Else'.
• Rep. Hageman: EPA, TSA Failing to Do Their Job.

TheGatewayPundit.com: 

• Flashback 2022: Ukrainian Politician’s Wife Caught at Border with $29 million Packed in Suitcases.
• “I Stand with James O’Keefe” – Exclusive: 14 Courageous Project Veritas Whistleblowers Release POWERFUL VIDEO and LETTER in Support of James O’Keefe – MUST SEE.
• JUST IN: Project Veritas Releases Video Saying That They Want James O’Keefe Back, After Desperate Plea For Donors Not to Jump Ship.
• Illegal Alien Shot Dead by Arizona Rancher Was Cartel Drug Smuggler or Scout.
• LA DA George Gascón Suspends Lead Prosecutor Who Handled Transgender Child Molester “Hannah” Tubbs’ Case For ‘Misgendering’ Tubbs by Referring to Him as a Male.
• Wife of the Year: When John Fetterman Was Hospitalized With Depression, Gisele Took the Kids on A Fun Road Trip to Canada, Not to Comfort Their Ailing Father.
• WV Department of Environmental Protection Issues Statement About Mysterious White Dust That Snowed Down in Part of the State.
• JEROME CORSI: Obama Went After General Flynn Because He Was a Risk of Indicting Him and Hillary for High Crimes and Misdemeanors (PART 2).
• SHOCKING: AZ Senate/House Elections Presenter Claims That Sinaloa Cartel Uses Bribes, Money Laundering, Election Fraud to Control Elected Officials and Traffic Drugs, Humans, Ballots in Arizona.
• Biden’s Woke DOD Expands Transgender Policies in Military.
• WAYNE ROOT: I Have a Life or Death Question for Damar Hamlin: “Were You Vaccinated & Boosted?” Everyone Wants to Know.
• Are They Trying To Kill Us? Lab Grown Meat Backed By Bill Gates Has CANCER CELLS And Could Cause Other Scary Health Issues.
• Biden Border Crisis: NYC Hospitals Spend Almost $100M to House Illegals.
• Dr. James Thorp Discusses New Peer-Reviewed Study on COVID Vaccines Dangerous Effects on Reproductive Health – Including 57 Fold Increase in Miscarriage Compared to Flu Vaccine.

The Epoch Times:

• China Empowers Russia in Ukraine, Risks Nuclear War With US, Says Former General.

Twitter:

• @USBurning - Fire breaks out at secretive uranium processing facility in Oak Ridge, Tennessee.
• @catturd2 - With every war going all the way back to Vietnam, the press has been heavily integrated with the troops and there's thousands of hours of live video footage. In Ukraine, nothing. 
• @Xx17965797N - Millions of people in China are banned from travelling by plane or train because their social credit rating is too low. (video)
• @Risemelbourne - The Mardi Gras will feature sophisticated CCTV with data analytics software that monitors crowd mood and density...Of course, it's for your safety, organisers say it will avoid "Crush Type" scenarios. The march 𝘿𝙞𝙜𝙞𝙩𝙖𝙡 𝙄𝘿 𝙎𝙪𝙧𝙫𝙚𝙞𝙡𝙡𝙖𝙣𝙘𝙚 continues...
• @unusual_whales - FTX founder Sam Bankman-Fried is charged with more than 300 illegal political donations. He has given $42 million to Democrats & "dark money" to Republicans. But there hasn't been a full list of the politicians. Until now.
• @MelissaProcter8 - This is catastrophic and we need @elonmusk to intervene since he seems to be only one that has best interest of humanity AND A VOICE. My partner @P_McCulloughMD and I are always here to assist. (video)
• @Night_Market - "China’s corruption watchdog has vowed to escalate its anti-graft campaign against misconduct, including cracking down on executives who see themselves as financial elites and have “extravagant” lifestyles."

OpenVAERS:

• VAERS US COVID Vaccine Adverse Event Reports. 938,175 Reports(+1,692 from prior week) Through February 17th, 2023. 

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Weekly Scoreboard*

 

S&P 500 3,962.87 -3.31%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 32,892.9 -2.9%

• NASDAQ 11,408.5 -4.3%

• Russell 2000 1,883.73 -3.1%

• S&P 500 High Beta 69.99 -5.6% 
• Roundhill Meme Stock ETF 6.08 -8.2%
  

• Goldman 50 Most Shorted 144.73 -6.9%

• Wilshire 5000 40,118.7 -3.5%

• Russell 1000 Growth 2,292.12 -3.8%

• Russell 1000 Value 1,515.80 -3.0%

• S&P 500 Consumer Staples 758.06 -.5%

• MSCI Cyclicals-Defensives Spread 1,104.4 -.7%
  

• NYSE Technology 2,892.5 -5.7%

• Transports 14,590.77 -4.44%

• Utilities 926.63 -2.0%

• Bloomberg European Bank/Financial Services 88.7 -.46%
  

• MSCI Emerging Markets 38.2 -4.9%

• HFRX Equity Hedge 1,461.8 -.71%

• HFRX Equity Market Neutral 923.8 +.12%

Sentiment/Internals

• NYSE Cumulative A/D Line 455,761 -.6%

• Bloomberg New Highs-Lows Index -89 -173
  

• Crude Oil Commercial Bullish % Net Position -30.8 n/a

• CFTC Oil Net Speculative Position 249,799 n/a

• CFTC Oil Total Open Interest 1,660,450 n/a

• Total Put/Call 1.13 +7.6%

• OEX Put/Call 1.72 +9.4%

• ISE Sentiment 86.0 -16.0 points
  

• NYSE Arms .89 -1.9% 
• Bloomberg Global Risk-On/Risk-Off Index 60.6 -1.62%
• Bloomberg US Financial Conditions Index 26.0 -6.0 basis points
  

• Volatility(VIX) 20.1 -.93%
• DJIA Intraday % Swing 1.08% +30.1%

• CBOE S&P 500 Implied Correlation Index 37.6 +12.6%

• G7 Currency Volatility (VXY) 9.9 -2.9%
  

• Emerging Markets Currency Volatility (EM-VXY) 11.0 +1.7%

• Smart Money Flow Index 14,056.6 -.39%
• NAAIM Exposure Index  57.1 -14.1
  

• ICI Money Mkt Mutual Fund Assets $4.820 Trillion +.11%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$8.778 Million

• AAII % Bulls 21.6 -36.7%

• AAII % Bears 38.6 +34.0%

Futures Spot Prices

• CRB Index 266.94 -1.2%

• Crude Oil 76.1/bbl. -2.5%

• Reformulated Gasoline 236.0 -2.9%

• Natural Gas 2.44 +.8%
• Dutch TTF Nat Gas(European benchmark) 51.0 euros/megawatt-hour +4.3%
  

• Heating Oil 277.10 -1.4% 
• Newcastle Coal 204.5 (1,000/metric ton) +13.6%
  

• Gold 1,809.8 -1.7%
• Silver 20.8 -4.3%
  

• S&P GSCI Industrial Metals Index 453.17 -.91%

• Copper 395.40 -4.1%

• US No. 1 Heavy Melt Scrap Steel 433.0 USD/Metric Tonne +4.3%

• China Iron Ore Spot 124.0 USD/Metric Tonne -3.7%

• Lumber  379.60 -2.8%

• UBS-Bloomberg Agriculture 1,550.58 -1.3%
• US Gulf NOLA Potash Spot 372.5 USD/Short Ton -1.6%
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +2.50% unch.
  

• ECRI Weekly Leading Economic Index Growth Rate -3.0% n/a
  
• Bloomberg US Recession Probability Next 12 Months 60.0% -5.0 percentage points
  

• NY Fed Real-Time Weekly Economic Index 1.16 +23.4%

• US Economic Policy Uncertainty Index 285.8 +80.4%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 223.97 -.05:  Growth Rate +.3% +.1 percentage point, P/E 17.9 -.4
  
• S&P 500 Current Year Estimated Profit Margin 12.39% -3.0 basis points
  

• Citi US Economic Surprise Index 37.5 +8.5 points

• Citi Eurozone Economic Surprise Index 68.47-10.7 points

• Citi Emerging Markets Economic Surprise Index 2.5 -1.3 points

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of no change, 70.1%(-11.8 percentage points) chance of +25.0 basis point hike to 4.75-5.0% and 29.9%(+11.8 percentage points) chance of +50.0 basis point hike to 5.0-5.25% on 3/22
  

• US Dollar Index 105.3 +1.1%

• MSCI Emerging Markets Currency Index 1,675.91 +.1%
  

• Bitcoin/USD 23,054.5 -6.0%

• Euro/Yen Carry Return Index 149.81 +.45%
  

• Yield Curve(2s/10s) -86.0 -6.0 basis points
  

• 10-Year US Treasury Yield 3.97% +14.0 basis points
  

• Federal Reserve's Balance Sheet $8.346 Trillion -.03%

• U.S. Sovereign Debt Credit Default Swap 34.5 +2.9%
  

• Illinois Municipal Debt Credit Default Swap 173.75 +8.0%
  

• Italian/German 10Y Yld Spread 180.0 +4.0 basis points
• UK Sovereign Debt Credit Default Swap 22.9 +.2%
  

• China Sovereign Debt Credit Default Swap 71.08 +10.7%
  

• Brazil Sovereign Debt Credit Default Swap 233.31 +1.4%
  

• Israel Sovereign Debt Credit Default Swap 52.6 +1.8%

• South Korea Sovereign Debt Credit Default Swap 44.8 +4.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 27.2 -1.5%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.6% unch.
  
• Zillow US All Homes Rent Index YoY +6.9% unch.
  
• US Urban Consumers Food CPI YoY +10.1% unch.
  
• CPI Core Services Ex-Rents YoY 6.22% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.72% +42.0 basis points: CPI YoY +6.23% -1.0 basis point
  
• 10-Year TIPS Spread 2.38% +1.0 basis point

• TED Spread 15.0 +3.75 basis points 
• 2-Year Swap Spread 34.0 +2.0 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -8.0 -.25 basis point

• N. America Investment Grade Credit Default Swap Index 76.51 +5.1%
  

• America Energy Sector High-Yield Credit Default Swap Index 255.0 +4.9% 
• Bloomberg TRACE # Distressed Bonds Traded 301.0 -21.0
  

• European Financial Sector Credit Default Swap Index 89.8 +5.3%
• Credit Suisse Subordinated 5Y Credit Default Swap 404.91 +4.9%

• Emerging Markets Credit Default Swap Index 244.54 +2.7%
  

• MBS 5/10 Treasury Spread 150.0 +3.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 513.0 +8.0 basis points
• Avg. Auto ABS OAS .61 +1.0 basis point
  

• M2 Money Supply YoY % Change -1.3% unch.
  

• Commercial Paper Outstanding 1,238.2 -1.4%

• 4-Week Moving Average of Jobless Claims 191,250 +.79%
  

• Continuing Claims Unemployment Rate 1.1% -10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.8 +2.5%
  

• Average 30-Year Fixed Home Mortgage Rate 6.94% +15.0 basis points
  

• Weekly Mortgage Applications 199,800 -13.3%

• Weekly Retail Sales +4.8% +20.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 +3.0% +5.4 percentage points
• Box Office Weekly Gross $119.8M +27.1%
  

• Nationwide Gas $3.39/gallon -.03/gallon

• Baltic Dry Index 816.0 +51.7%

• China (Export) Containerized Freight Index 1,077.8 -1.5%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 42.5 unch.
• Truckstop.com Market Demand Index 42.3 -5.2%

• Rail Freight Carloads 237,705 -1.2%
• TSA Total Traveler Throughput 2,317,943 +12.9%
  
• US Covid-19:  84 infections/100K people(last 7 days total). 4.8%(-0.0 percentage point) of peak on 1/14/22(1,740) -0/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -83.2%(-.8 percentage point) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Large-Cap Value -3.0%

Worst Performing Style

• Mid-Cap Growth -4.1%

Leading Sectors

• Shipping +2.9%

• Foods +.4%
• Construction +.4%
  

• Defense unch.

• Pharma -.9%
  

Lagging Sectors

• Retail -6.6%
  

• Oil Service -6.9%
  

• Alt Energy -7.0%

• Video Gaming -7.1%
  

• Social Media -8.0%
  

Weekly High-Volume Stock Gainers (15)

• UVE, ZETA, KTOS, EVER, MAX, CYRX, BYND, BECN, ALTR, CRC, OLED, EGLE, EGLE, VRRM, AROC and INSW
  

Weekly High-Volume Stock Losers (43)

• NICE, YETI, ZUMZ, W, BHP, MPW, STAA, OUT, JD, BA, PRMW, EOG, PLNT, DVAX, NTES, BABA, TOST, REPL, SEM, BALY, DINO, ADBE, BPMC, KT, U, MBLY, RYI, DBRG, RUN, FYBR, MDGL, LYV, MATV, VIR, LITE, INT, ADSK, BAND, LASR, SSP, ATSG and VICR
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change