Weekly Scoreboard*

 

S&P 500 3,676.70 -5.1%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 29,329.80 -4.3%

• NASDAQ 10,773.91 -5.4%

• Russell 2000 1,668.80 -7.2%

• S&P 500 High Beta 58.42 -8.9%

• Goldman 50 Most Shorted 167.47 -12.5%

• Wilshire 5000 36,773.04 -5.44%

• Russell 1000 Growth 2,169.48 -5.0%

• Russell 1000 Value 1,368.31 -5.7%

• S&P 500 Consumer Staples 721.20 -2.37%

• MSCI Cyclicals-Defensives Spread 1,088.48 -1.34%
  

• NYSE Technology 2,540.45 -7.1%

• Transports 12,012.27 -6.2%

• Utilities 974.03 -3.71%

• Bloomberg European Bank/Financial Services 68.27 -4.7%

• MSCI Emerging Markets 36.04 -4.9%

• HFRX Equity Hedge 1,443.11 -.42%

• HFRX Equity Market Neutral 912.10 +.41%

Sentiment/Internals

• NYSE Cumulative A/D Line 445,279 -1.98%

• Bloomberg New Highs-Lows Index -2,545 -815
  

• Crude Oil Commercial Bullish % Net Position -28.9 -1.0%

• CFTC Oil Net Speculative Position 227,057 +5.9%

• CFTC Oil Total Open Interest 1,498,059 +1.20%

• Total Put/Call 1.35 +10.8%

• OEX Put/Call .71 -49.6%

• ISE Sentiment 65.0 -15.0 points
  

• NYSE Arms 1.14 +175.0% 
• Bloomberg Global Risk-On/Risk-Off Index 43.9 +4.5%
• Bloomberg Financial Conditions Index + Bubbles 1.93 -24.0 basis points
  

• Volatility(VIX) 30.1 +17.2%
• DJIA Intraday % Swing 2.03% +99.0%

• CBOE S&P 500 Implied Correlation Index 50.26 +9.4%

• G7 Currency Volatility (VXY) 12.15 +1.1%
  

• Emerging Markets Currency Volatility (EM-VXY) 11.77 -.43%

• Smart Money Flow Index 14,398.74 -3.0%
• NAAIM Exposure Index  29.59 -4.27 points
  

• ICI Money Mkt Mutual Fund Assets $4.584 Trillion +.7%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$11.542 Million

• AAII % Bulls 17.7 -32.2%

• AAII % Bears 60.9 +32.4%

Futures Spot Prices

• CRB Index 277.85 -.37%

• Crude Oil 79.0 -8.1%

• Reformulated Gasoline 239.71 -1.3%

• Natural Gas 6.79 -12.4%
• Dutch TTF Nat Gas(European benchmark) 185.5 euros/megawatt-hour -.67%
  

• Heating Oil 324.26 +1.4% 
• Newcastle Coal 412.0 (1,000/metric ton) -5.3%
  

• Gold 1,646.80 -1.73%
• Silver 18.91 -3.6%
  

• S&P GSCI Industrial Metals Index 414.67 -1.2%

• Copper 334.90 -5.70%

• US No. 1 Heavy Melt Scrap Steel 360.0 USD/Metric Tonne +1.41%

• China Iron Ore Spot 96.15 USD/Metric Tonne -1.13%

• Lumber  434.70 -7.5%

• UBS-Bloomberg Agriculture 1,514.10 -.58%
• US Gulf NOLA Potash Spot 600.0 USD/Short Ton -3.2%
  

Economy

• Atlanta Fed GDPNow Forecast +.3% -20.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -10.3% +.2 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 50.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 1.82 -34.3%

• US Economic Policy Uncertainty Index 128.79 +3.1%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 236.23 -1.39:  Growth Rate +15.8% -.1 percentage point, P/E 15.6 -.6 point

• Citi US Economic Surprise Index 10.90 +8.6 points

• Citi Eurozone Economic Surprise Index 4.1 +14.9 points

• Citi Emerging Markets Economic Surprise Index 1.30 +3.1 points

• Fed Fund Futures imply 0.0%(unch.) chance of +25.0 basis point rate hike, 26.3%(-2.0 percentage points) chance of +50.0 basis point hike and 73.7%(+2.0 percentage points) chance of +75.0 basis point hike on 11/2 to 3.75-4.0%
  

• US Dollar Index 112.82 +2.89%

• MSCI Emerging Markets Currency Index 1,603.49 -.75%
  

• Bitcoin/USD 18,760.70 -5.0%

• Euro/Yen Carry Return Index 143.23 -2.84%
  

• Yield Curve(2s/10s) -50.75 -7.25 basis points
  

• 10-Year US Treasury Yield 3.66% +21.0 basis points
  

• Federal Reserve's Balance Sheet $8.782 Trillion -.18%

• U.S. Sovereign Debt Credit Default Swap 23.70 +9.5% (New Series)
  

• Illinois Municipal Debt Credit Default Swap 217.03 +8.3%
  

• Italian/German 10Y Yld Spread 232.0 +4.0 basis points
  

• China Sovereign Debt Credit Default Swap 101.26 +37.0%
  

• Brazil Sovereign Debt Credit Default Swap 280.0 +13.7%
  

• Israel Sovereign Debt Credit Default Swap 40.46 +2.5%

• South Korea Sovereign Debt Credit Default Swap 49.13 +51.4%

• China Corp. High-Yield Bond USD ETF(KHYB) 26.32 -1.81%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.3% unch.
• Zillow US All Homes Rent Index YoY +12.5% unch.
• US Urban Consumers Food CPI YoY +11.4% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.68% unch.: CPI YoY +8.19% -2.0 basis points
  
• 10-Year TIPS Spread 2.37% -2.0 basis points

• TED Spread 45.25 +4.0 basis points

• 2-Year Swap Spread 40.5 +2.25 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -24.5 -5.75 basis points

• N. America Investment Grade Credit Default Swap Index 106.14 +19.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 365.0 +4.6% 
• Bloomberg TRACE # Distressed Bonds Traded 380.0 +33.0
  

• European Financial Sector Credit Default Swap Index 142.08 +17.7%
  

• Emerging Markets Credit Default Swap Index 316.41 +.72%
  

• MBS 5/10 Treasury Spread 170.0 +13.0 basis points
  
• iShares CMBS ETF 46.07 -1.73%
• Avg. Auto ABS OAS .62 -5.0 basis points

• M2 Money Supply YoY % Change 5.3 unch.
  

• Commercial Paper Outstanding 1,228.60 +1.70%

• 4-Week Moving Average of Jobless Claims 216,750 -2.7%
  

• Continuing Claims Unemployment Rate 1.0% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 47.50 +9.4% 

• Average 30-Year Fixed Home Mortgage Rate 6.55% +27.0 basis points
  

• Weekly Mortgage Applications 264,700 +3.8%

• Weekly Retail Sales +10.9% -.2 percentage point
  
• OpenTable US Seated Diners % Change from 2019 -1.6% -3.0 percentage points
• Box Office Weekly Gross $58.2M -29.1%
  

• Nationwide Gas $3.69/gallon -.00/gallon

• Baltic Dry Index 1,720 +6.7%

• China (Export) Containerized Freight Index 2,475.97 -5.1%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 55.0 +15.8%
• Truckstop.com Market Demand Index 57.19 +4.2%

• Rail Freight Carloads 251,126 +4.3%
• TSA Total Traveler Throughput 2,351,488 +25.0%
• US Covid-19:  112 infections/100K people(last 7 days total). 6.4%(-.8 percentage point) of peak on 1/14/22(1,740) -14/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -81.6%(-1.9 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Large-Cap Growth -5.2%

Worst Performing Style

•  Small-Cap Growth -8.1%
  

Leading Sectors

• Foods -2.4%

• Homebuilding -2.8%
  

• Pharma -3.4%

• Utilities -4.0%

• Steel -4.3%
  

Lagging Sectors

• Computer Hardware -9.9%
  

• Airlines -10.6%
  

• Alt Energy -12.9%

• Oil Service -13.9%
  

• Gambling -14.3%
  

Weekly High-Volume Stock Gainers (0)

• None of note
  

Weekly High-Volume Stock Losers (87)

• FSK, PEB, DCP, CSQ, ALLO, LPLA, PFLT, PK, EFC, AB, RDNT, KKR, C, ALLY, FLR, CTLT, APO, LYV, FLNC, EPD, FNF, MPC, ARES, LADR, BEPC, QTWO, CEQP, PLNT, NAVI, DOCU, STEM, ABR, MPWR, AMPS, CLR, WSC, UAL, F, ORC, CC, AAL, DBRG, GTLB, ARLP, DICE, MPLX, ATRC, MMP, YETI, KEX, SIL, EDR, MP, STR, RCL, ET, MC, SD, STR, MC, BSM, LNG, SAFE, WES, CPE, PAA, CZR, KRP, VTYX, DVN, NFE, DSGN, DXC, MGY, RRC, SLB, HAL, AR, PI, EQT, CWH, AIR, LPI, AEHR, APA and PTEN
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change