Saturday, April 25, 2026

Today's Headlines

Around X:

  • @Zerohedge 
  • @BarronsOnline
  • Had bullish commentary on (FERG) and (LLY).
  • @IGSquawk 
  • @JoeyMannarino
  • @MarioNawfal  
  • @BRICSinfo
  • @Rasmussen_Poll
  • @Seanmdav
  • @WallStreetApes
  • Glenn Beck says he’s changed his stance, he now believes our food in America is poison. “I always thought people who were talking about, ‘our food is poison,’ blah, blah, blah. I just thought they were crazy. And the last 10 or 15 years, I don't think that anymore. I think it is the source of almost all of our problems” “The MAHA movement is real” He’s right. It’s our food - 76% of US adults, about 194 million people, have at least one chronic condition - Over 51%, 130+ million, have 2 or more Young adults (18–34): ~60% have at least one (up significantly from 2013); 27% have multiple. - Americans ages 35–64, 78% have at least 1 chronic illness - Ages 65+, 93% have at least one; nearly 79% have multiple. We are being poisoned. There is no other explanation This is a national emergency but it’s not being treated as one.
  • @AutisticClip
  • @HawleyMO
  • @EricLDaugh
  • @kylenabecker
  • @TheMarcitect
  • @C3_3C_3
  • @songpinganq
  • @ProjectConstitu
  • @AllyJKiss
  • @OcrazioCornPop
  • @ValerieAnne1970
  • @WeTheBrandon
  • Every new car in the U.S. will be required by law to have tech that puts constant surveillance on the driver by 2027. AI in your car will determine if you're sober and fit to drive, automatically turning off the vehicle if it determines you're a danger on the road. Do you have any idea the absolute hellscape we are entering?
  • @LaurenLee
  • @FSociety_1942
  • Until I see data pointing otherwise, it looks like Fairfax was used as the vote bank, and they waited to withdraw when they needed a bump. Does anyone think real Virginians voted a majority "yes" on this referendumb? (See what I did there?) There's an old saying that people vote themselves into Socialism and have to shoot their way out - while the second part may be unfortunately true in a lot of cases, my research over the last 5 years makes the first unlikely. Every takedown of a free country starts with a fraudulent election. (graph)
  • @NYPost
  • @JackDangerLIVE
  • @newstart_2024
  • @aj_inapi
  • @MarkLynchSC
  • @HealthRanger
  • @OCOCReport
  • @Libsoftiktok
  • @MaryBowdenMD
  • @DaleStarkA10
OpenVAERS:  
SKirsch.com:

Friday, April 24, 2026

Weekly Scoreboard*


S&P 500 7,166.5 +.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 49,161.1 -.5%
  • NASDAQ 24,819.3 +1.6%
  • Russell 2000 2,787.8 +.5%
  • NYSE FANG+ 16,278.0 +1.4%
  • Goldman 50 Most Shorted 291.0 -2.3%
  • Vaneck Social Sentiment 34.31 +.7%
  • Wilshire 5000 70,896.4 +.5%
  • Russell 1000 Growth 4,819.1 +.5%
  • Russell 1000 Value 2,239.6 +.2%
  • S&P 500 Consumer Staples 939.2 +1.0%
  • Bloomberg Cyclicals/Defensives Index(Ex Telecom) 256.8 -.3%
  • NYSE Technology 8,192.8 +4.1%
  • Transports 20,939.1 -6.7%
  • Utilities 1,156.3 -.2%
  • MSCI Europe Banks 116.0 -4.7%
  • MSCI Emerging Markets 63.64 +.1%
  • Credit Suisse AllHedge Long/Short Equity Index 253.7 +.9%
  • Credit Suisse AllHedge Equity Market Neutral Index 132.9 +.4%
Sentiment/Internals
  • NYSE Cumulative A/D Line 611,557 +.21%
  • Nasdaq/NYSE Volume Ratio 18.9 +7.6%
  • Bloomberg New Highs-Lows Index 523 +112
  • Crude Oil Commercial Bullish % Net Position -21.7 -4.9%
  • CFTC Oil Net Speculative Position 206,541 +2.2%
  • CFTC Oil Total Open Interest 2,094,492 +2.8%
  • Total Put/Call .77 +16.7%
  • OEX Put/Call .56 unch.
  • ISE Sentiment 168.0 +22.6%
  • NYSE Arms 1.41 +3.5%
  • Bloomberg Global Risk-On/Risk-Off Index 114.4 +3.9%
  • Bloomberg US Financial Conditions Index .85 -7.0 basis points
  • Bloomberg European Financial Conditions Index 1.10 +2.0 basis points
  • Volatility(VIX) 18.6 +6.2%
  • S&P 500 Intraday % Swing .73 -29.6%
  • CBOE S&P 500 3M Implied Correlation Index 14.8 -.6%
  • G7 Currency Volatility (VXY) 7.0 -2.4%
  • Emerging Markets Currency Volatility (EM-VXY) 7.2 unch.
  • Smart Money Flow Index 20,419.8 -.19%
  • NAAIM Exposure Index  94.2 +14.7
  • ICI Money Mkt Mutual Fund Assets $7.637 Trillion -.1%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$14.437 Million
  • AAII % Bulls 46.0 +45.1%
  • AAII % Bears 34.4 -19.6%
  • CNN Fear & Greed Index 67.0 (GREED) +23.0
Futures Spot Prices
  • CRB Index 381.8 +1.9%
  • Crude Oil 94.3/bbl. +9.9%
  • Reformulated Gasoline 345.81 +14.3%
  • Natural Gas 2.52 -5.2%
  • US Power PJM Western Hub Peak Forward Y1 74.9 USD/Megawatt +2.1% 
  • Dutch TTF Nat Gas(European benchmark) 44.5 euros/megawatt-hour +11.8%
  • Heating Oil 390.8 +12.0% 
  • Newcastle Coal 132.0 (1,000/metric ton) unch.
  • Gold 4,723.3 -2.2%
  • Silver 76.5 -5.4%
  • Bloomberg Industrial Metals Index 180.5 +.6%
  • Copper 602.8 -.9%
  • US No. 1 Heavy Melt Scrap Steel 406.0 USD/Metric Tonne -.3%
  • China Iron Ore Spot 106.5 USD/Metric Tonne -.2%
  • China Battery Grade Lithium Carbonate 23,475.0 USD/metric tonne unch.
  • inSpectrum Tech Inc. DRAM Spot DDR4 16Gb 2048Mx8 60.0 -5.7%  
  • CME Lumber 582.0 unch.
  • UBS-Bloomberg Agriculture 1,369.8 +2.2%
  • US Gulf NOLA Potash Spot 332.5 USD/Short Ton +.8%
  • US Gulf NOLA Urea Granular Spot 652.5 USD/Short Ton -8.1% 
Economy
  • Atlanta Fed GDPNow Q1 Forecast +1.2% -.1 percentage point
  • US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 19.3 -3.5 percentage points
  • NY Fed Real-Time Weekly Economic Index 2.5 -9.2%
  • Caldara Iacoviello Geopolitical Risk Index 173.9 -25.0% 
  • Global Monitor Iran Instability Index 100.0 unch.
  • Strait of Hormuz Oil Tanker Traffic Curtailed 92.0% -3.0 percentage points
  • US Economic Policy Uncertainty Index 481.0 +67.4%
  • Bloomberg Global Trade Policy Uncertainty Index .4 unch.
  • DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
  • S&P 500 Current Quarter EPS Growth Rate YoY(137 of 500 reporting) +25.3% n/a
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 342.57 n/a:  Growth Rate +23.6% +n/a percentage point, P/E 20.8 -n/a
  • S&P 500 Current Year Estimated Profit Margin 15.18% +3.0 basis points
  • NYSE FANG+ Current Quarter EPS Growth Rate YoY(2 of 10 reporting) +314.5% +n/a
  • NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 821.91 +n/a: Growth Rate +107.6% +n/a percentage point, P/E 19.7 -n/a
  • Citi US Economic Surprise Index 11.9 +3.6 points
  • Citi Eurozone Economic Surprise Index -48.4 -25.6 points
  • Citi Emerging Markets Economic Surprise Index 39.1 +7.6 points
  • Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 99.5%(+.5 percentage point) chance of no change, .5%(-.5 percentage point) chance of +25.0 basis point hike to 3.75-4.0% on 4/29
  • US Dollar Index 98.5 +.4%
  • MSCI Emerging Markets Currency Index 1,870.0 -.2%
  • Bitcoin/USD 76,604.0 +3.8%
  • Euro/Yen Carry Return Index 212.9 +.1%
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.70 -.2%
  • Yield Curve(2s/10s) 53.25 -.5 basis point
  • 10-Year US Treasury Yield 4.31% +6.0 basis points
  • Japan 30-Year Yield 3.68% +5.0 basis points
  • Federal Reserve's Balance Sheet $6.660 Trillion +.03%
  • Federal Reserve's Discount Window Usage $5.803 Billion +1.6%
  • U.S. Sovereign Debt Credit Default Swap 38.3 +.3%
  • Illinois Municipal Debt Credit Default Swap 189.2 +1.2%
  • Italian/German 10Y Yld Spread 78.0 +6.0 basis points
  • UK Sovereign Debt Credit Default Swap 19.6 +1.2%
  • China Sovereign Debt Credit Default Swap 45.0 +5.8%
  • Brazil Sovereign Debt Credit Default Swap 124.4 -4.4%
  • Israel Sovereign Debt Credit Default Swap 67.8 +1.1%
  • Dubai Sovereign Debt Credit Default Swap 77.8 +3.7%
  • South Korea Sovereign Debt Credit Default Swap 28.9 -.8%
  • China Corp. High-Yield Bond USD ETF(KHYB) 24.3 -.6%
  • China High-Yield Real Estate Total Return Index 112.66 -1.5%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +3.7% unch.
  • Zillow US All Homes Rent Index YoY +1.7% -10.0 basis points
  • US Urban Consumers Food CPI YoY +2.7% unch.
  • CPI Core Services Ex-Shelter YoY +3.1% unch.
  • Cleveland Fed Inflation Nowcast Core PCE YoY +3.10% unch.: CPI YoY +3.56% -2.0 basis points
  • 1-Year TIPS Spread 3.16 -19.0 basis points
  • 10-Year TIPS Spread 2.43 +7.0 basis points
  • Treasury Repo 3M T-Bill Spread 4.25 -1.75 basis points
  • 2-Year SOFR Swap Spread -17.25 -.25 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap -1.5 -1.5 basis points
  • N. America Investment Grade Credit Default Swap Index 54.4 +2.1% 
  • BofA Private Credit Proxy Index 74.9 -3.4%
  • America Energy Sector High-Yield Credit Default Swap Index 108.0 +.8%
  • High-Yield Tech Sector OAS Index 507.2 +3.9% 
  • Bloomberg TRACE # Distressed Bonds Traded 247.0 +6.0
  • European Financial Sector Credit Default Swap Index 62.4 +4.1%
  • Emerging Markets Credit Default Swap Index 160.4 +3.7%
  • MBS 5/10 Treasury Spread 110.0 +3.0 basis points
  • Bloomberg CMBS Investment Grade Bbb Average OAS 580.0 -2.0 basis points
  • Avg. Auto ABS OAS .53 -2.0 basis points
  • M2 Money Supply YoY % Change +4.9% unch.
  • Commercial Paper Outstanding $1,418.7B +.4%
  • 4-Week Moving Average of Jobless Claims 210,750 +.4%
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Kastle Back-to-Work Barometer(entries in secured buildings) 55.4 +6.1%
  • Average 30-Year Fixed Home Mortgage Rate 6.36% -7.0 basis points
  • Weekly Mortgage Applications 303,300 +7.9%
  • Weekly Retail Sales +6.9% -10.0 basis points
  • OpenTable US Seated Diners % Change YoY +10.0% +8.0 percentage points
  • Box Office Weekly Gross $158.8M -43.0%
  • Nationwide Gas $4.06/gallon -.02/gallon
  • Baltic Dry Index 2,673.0 +4.1%
  • Drewry World Container Freight Index $2,231.7/40 ft Box -.6%
  • China (Export) Containerized Freight Index 1,233.8 +1.9%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 250.0 +2.0%
  • Truckstop.com Market Demand Index 132.7 -6.9%
  • Rail Freight Carloads 277,554 +2.3%
  • TSA Total Traveler Throughput 2,740,418 +32.4% 
  • US Morning Consult Daily Consume Sentiment Index 88.9 -1.5 points
  • Rasmussen Reports Daily Presidential Approval Tacking Poll 44.0% unch.
Best Performing Style
  • Small-Cap Growth +.7%
Worst Performing Style
  • Mid-Cap Growth -1.3%
Leading Sectors
  • Semis +10.0%
  • Oil Service +5.7%
  • AI/Innovation +5.1%
  • Alt Energy +4.2%
  • Energy +3.9%
Lagging Sectors
  • Education -5.4%
  • Defense -5.9%
  • Gold & Silver -6.9%
  • Airlines -9.3%
  • Computer Services -9.4%
Weekly High-Volume Stock Gainers (65)
  • MXL, POET, OGN, INTC, AAOI, SXT, WOLF, CEVA, RMBS, AMD, ARM, WKC, AOSL, LPTH, XNDU, TTMI, QCOM, CHE, APOG, APPF, AIP, MRAM, HTLD, AMSC, SNPS, HIMX, HIMS, SYNA, SMCI, AMKR, OUST, PENG, RVI, ALAB, KALU, SANM, BKR, VELO, FORM, NVO, SMTC, ESI, TSM, CLSK, ALMU, EW, VECO, OBE, CDNS, ATKR, BIDU, NVDA, KLIC, PDFS, DIOD, AEHR, COHU, MPLT, VC, HRTG, LSCC, POWI, SLB, AEIS and STM
Weekly High-Volume Stock Losers (36)
  • LMT, LLY, LHX, ERIE, QXO, RKLB, THC, SNOW, NBIS, CUBI, SMR, EBC, NBTB, SPIR, VRSN, SSNC, SKYW, MRLN, HLNE, RHI, CRWV, NTLA, BYD, HCA, YSS, CAR, BKSY, CMCSA, CHTR and LBRDK
ETFs
Stocks
*5-Day Change



Stocks Rising into Afternoon on Mideast War Resolution Hopes, Earnings Outlook Optimism, Less Fed Chair Uncertainty, Tech/Shipping Sector Strength

Overseas Futures:

  • Nikkei 225 Futures: Indicating +325 open in Japan 
  • China A50 Futures: Indicating +12 open in China
  • DAX Futures: Indicating +210 open in Germany
Portfolio:
  • Slightly Higher: On gains in my consumer discretionary/tech sector longs
  • Disclosed Trades: Covered some of my (IWM)/(QQQ) hedges
  • Market Exposure: Moved to 100% Net Long

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (DPZ)/4.27
  • (NE)/.21
  • (VZ)/1.21 
After the Close: 
  • (AMKR)/.24
  • (AVB)/2.80
  • (BBBY)/-.28
  • (BRO)/1.36
  • (CDNS)/1.88
  • (CLS)/2.08
  • (CR)/1.45
  • (NUE)/2.82
  • (PSA)/4.12
  • (SANM)/2.40
  • (VTR)/.91 
Economic Releases 

10:30 am EST

  • The Dallas Fed Manufacturing Activity Index for April. 

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The 2/5Y T-Note auctions, Evercore Transport/Logistics Summit, (VMI) annual meeting, (BLD) annual meeting, (GPC) annual meeting and the (WEX) investor meeting could also impact global trading on Monday.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST