Weekly Scoreboard*

S&P 500 3,723.28 -4.6%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 31,990.9 -2.5%

• NASDAQ 10,280.41 -7.2%

• Russell 2000 1,775.44 -3.9%

• S&P 500 High Beta 60.2 -4.4%

• Goldman 50 Most Shorted 158.32 -9.2%

• Wilshire 5000 37,423.28 -4.6%

• Russell 1000 Growth 2,099.28 -7.1%

• Russell 1000 Value 1,447.74 -2.4%

• S&P 500 Consumer Staples 738.83 -2.8%

• MSCI Cyclicals-Defensives Spread 1,004.17 -4.6%
  

• NYSE Technology 2,447.0 -6.1%

• Transports 13,270.64 -2.1%

• Utilities 900.54 -2.2%

• Bloomberg European Bank/Financial Services 72.2 +3.7%

• MSCI Emerging Markets 35.86 +4.5%

• HFRX Equity Hedge 1,434.46 -.15%

• HFRX Equity Market Neutral 917.45 -.06%

Sentiment/Internals

• NYSE Cumulative A/D Line 440,327 -.21%

• Bloomberg New Highs-Lows Index -639 -498
  

• Crude Oil Commercial Bullish % Net Position -32.1 +1.2%

• CFTC Oil Net Speculative Position 249,079 -.98%

• CFTC Oil Total Open Interest 1,436,942 -1.2%

• Total Put/Call .97 +3.2%

• OEX Put/Call .97 -8.6%

• ISE Sentiment 90.0 -8.0 points
  

• NYSE Arms .82 -17.0% 
• Bloomberg Global Risk-On/Risk-Off Index 50.4 +10.0%
• Bloomberg Financial Conditions Index + Bubbles 1.58 -3.0 basis points
  

• Volatility(VIX) 25.1 -2.3%
• DJIA Intraday % Swing 2.1% +5.0%

• CBOE S&P 500 Implied Correlation Index 50.5 -3.9%

• G7 Currency Volatility (VXY) 11.8 +1.2%
  

• Emerging Markets Currency Volatility (EM-VXY) 12.3 -4.1%

• Smart Money Flow Index 13,894.17 -.44%
• NAAIM Exposure Index  55.2 +1.3 points
  

• ICI Money Mkt Mutual Fund Assets $4.632 Trillion +1.0%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$10.939 Million

• AAII % Bulls 30.6 +15.0%

• AAII % Bears 32.9 -28.0%

Futures Spot Prices

• CRB Index 278.32 +2.1%

• Crude Oil 92.1 +4.2%

• Reformulated Gasoline 272.77 +7.2%

• Natural Gas 6.20 +7.2%
• Dutch TTF Nat Gas(European benchmark) 114.79 euros/megawatt-hour +5.0%
  

• Heating Oil 393.82 -15.7% 
• Newcastle Coal 350.5 (1,000/metric ton) -7.9%
  

• Gold 1,673.33 +1.7%
• Silver 20.74 +7.6%
  

• S&P GSCI Industrial Metals Index 407.7 +.75%

• Copper 368.65 +7.3%

• US No. 1 Heavy Melt Scrap Steel 350.0 USD/Metric Tonne -3.8%

• China Iron Ore Spot 87.20 USD/Metric Tonne +12.8%

• Lumber  425.0 -9.0%

• UBS-Bloomberg Agriculture 1,533.02 +4.0%
• US Gulf NOLA Potash Spot 535.0 USD/Short Ton -6.1%
  

Economy

• Atlanta Fed GDPNow Forecast +3.60% +52.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -15.1% -1.0 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 60.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 2.23 -4.3%

• US Economic Policy Uncertainty Index 144.30 +60.6%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 231.66 -1.21:  Growth Rate +12.1% -2.4 percentage points, P/E 16.0 -.6 point

• Citi US Economic Surprise Index 18.9 +4.4 points

• Citi Eurozone Economic Surprise Index 9.2 +.2 point

• Citi Emerging Markets Economic Surprise Index 1.7 -6.5 points

• Fed Fund Futures imply 0.0%(-8.4 percentage points) chance of +25.0 basis point rate hike, 56.8%(+8.4 percentage points) chance of +50.0 basis point hike and 43.2%(-.2 percentage point) chance of +75.0 basis point hike on 12/14 to 4.50-4.75%
  

• US Dollar Index 111.26 +.5%

• MSCI Emerging Markets Currency Index 1,578.85 -.16%
  

• Bitcoin/USD 20,770.1 +.3%

• Euro/Yen Carry Return Index 150.6 -.76%
  

• Yield Curve(2s/10s) -51.25 -10.75 basis points
  

• 10-Year US Treasury Yield 4.16% +16.0 basis points
  

• Federal Reserve's Balance Sheet $8.642 Trillion -.53%

• U.S. Sovereign Debt Credit Default Swap 29.12 +3.4%
  

• Illinois Municipal Debt Credit Default Swap 190.30 -1.1%
  

• Italian/German 10Y Yld Spread 217.0 +10.0 basis points
• UK Sovereign Debt Credit Default Swap 27.4 -3.5%
  

• China Sovereign Debt Credit Default Swap 104.73 -11.5%
  

• Brazil Sovereign Debt Credit Default Swap 262.22 -6.1%
  

• Israel Sovereign Debt Credit Default Swap 37.74 +2.4%

• South Korea Sovereign Debt Credit Default Swap 73.20 +10.9%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.91 -.27%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.4% unch.
  
• Zillow US All Homes Rent Index YoY +11.0% unch.
  
• US Urban Consumers Food CPI YoY +11.2% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +5.16% unch.: CPI YoY +8.09% -2.0 basis points
  
• 10-Year TIPS Spread 2.46% -5.0 basis points

• TED Spread 41.0 +3.25 basis points

• 2-Year Swap Spread 36.75 -1.25 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -53.75 -1.25 basis points

• N. America Investment Grade Credit Default Swap Index 92.53 +4.6%
  

• America Energy Sector High-Yield Credit Default Swap Index 305.0 -2.3% 
• Bloomberg TRACE # Distressed Bonds Traded 500.0 +45.0
  

• European Financial Sector Credit Default Swap Index 119.73 -1.6%
• Credit Suisse Subordinated 5Y Credit Default Swap 365.95 +9.9%

• Emerging Markets Credit Default Swap Index 282.93 -.80%
  

• MBS 5/10 Treasury Spread 172.0 +5.0 basis points
  
• Aggregate US CMBS Average OAS 1.31 +2.0 basis points
  
• Avg. Auto ABS OAS 1.13 +4.0 basis points

• M2 Money Supply YoY % Change 2.6 unch.
  

• Commercial Paper Outstanding 1,300.5 unch.

• 4-Week Moving Average of Jobless Claims 219,000 +3.2%
  

• Continuing Claims Unemployment Rate 1.0% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 47.60 -.54%
  

• Average 30-Year Fixed Home Mortgage Rate 7.35% +25.0 basis points
  

• Weekly Mortgage Applications 200,100 -.55%

• Weekly Retail Sales +8.5% +30.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 -4.0% -51.9 percentage points
• Box Office Weekly Gross $144.2M +50.4%
  

• Nationwide Gas $3.79/gallon +.03/gallon

• Baltic Dry Index 1,290 -15.9%

• China (Export) Containerized Freight Index 1,790.86 -3.8%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 57.50 +4.5%
• Truckstop.com Market Demand Index 36.0 +1.3%

• Rail Freight Carloads 270,032 +.81%
• TSA Total Traveler Throughput 2,236,880 +22.3%
• US Covid-19:  84 infections/100K people(last 7 days total). 4.8%(+.4 percentage point) of peak on 1/14/22(1,740) +7/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -84.8%(-.1 percentage point) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Large-Cap Value -2.4%
  

Worst Performing Style

•  Large-Cap Growth -7.1%
  

Leading Sectors

• Steel +5.1%

• Oil Service +4.6%
  

• Shipping +4.1%

• Electric Vehicles +3.8%

• Energy +2.4%
  

Lagging Sectors

• Homebuilers -6.2%
  

• Networking -7.9%
  

• Software -9.9%

• Cyber Security -10.8%
  

• Internet -11.8%
  

Weekly High-Volume Stock Gainers (6)

• PODD, COLD, KMPR, ANET, TSE and DASH
  

Weekly High-Volume Stock Losers (74)

• ROG, CE, TRIN, PCTY, DISH, ETV, GLOB, SBGI, GDYN, KEYS, LYV, SEM, PARA, ETSY, VRRM, PANW, AVB, PYPL, NSSC, NICE, NXST, OTEX, CYBR, AFRM, ACAD, QTWO, CRM, EVH, VRNS, IRTC, DDOG, PTCT, NOW, WDAY, ROKU, CHWY, DOCN, OGN, TNDM, GDDY, PAAS, PAYC, FIVN, CRWD, MDB, ZS, CFLT, ZI, BILL, RPD, NCNO, OKTA, ESTC, S, HCP, FROG, SNOW, COUP, GTLB, MNDY, FA, WBD, SMAR, YELP, CDNA, FRG, NET, DH, APPN, CYRX, VIAV, TEAM, TWLO and SYNH
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change