Weekly Scoreboard*

 

S&P 500 3,986.20 +5.9%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,750.11 +4.0%

• NASDAQ 11,312.21 +8.1%

• Russell 2000 1,882.07 +4.8%

• S&P 500 High Beta 67.92 +11.8%

• Goldman 50 Most Shorted 173.41 +7.3%

• Wilshire 5000 40,208.90 +6.0%

• Russell 1000 Growth 2,292.52 +7.6%

• Russell 1000 Value 1,530.87 +4.6%

• S&P 500 Consumer Staples 764.65 +1.9%

• MSCI Cyclicals-Defensives Spread 1,034.66 +4.1%
  

• NYSE Technology 2,748.51 +10.9%

• Transports 14,523.8 +8.1%

• Utilities 927.27 +1.5%

• Bloomberg European Bank/Financial Services 72.5 +.71%

• MSCI Emerging Markets 37.94 +5.3%

• HFRX Equity Hedge 1,430.74 -.24%

• HFRX Equity Market Neutral 908.21 -.69%

Sentiment/Internals

• NYSE Cumulative A/D Line 445,505 +1.18%

• Bloomberg New Highs-Lows Index -55 +584
  

• Crude Oil Commercial Bullish % Net Position -32.4 -.7%

• CFTC Oil Net Speculative Position 254,809 +2.3%

• CFTC Oil Total Open Interest 1,459,052 +1.5%

• Total Put/Call .73 -24.8%

• OEX Put/Call .81 -10.9%

• ISE Sentiment 124.0 +34.0 points
  

• NYSE Arms .69 -3.9% 
• Bloomberg Global Risk-On/Risk-Off Index 49.3 -2.2%
• Bloomberg Financial Conditions Index + Bubbles 1.73 +15.0 basis points
  

• Volatility(VIX) 22.6 -7.8%
• DJIA Intraday % Swing 1.1% -47.6%

• CBOE S&P 500 Implied Correlation Index 46.5 -6.7%

• G7 Currency Volatility (VXY) 11.1 -3.6%
  

• Emerging Markets Currency Volatility (EM-VXY) 12.4 +1.2%

• Smart Money Flow Index 13,982.90 +.64%
• NAAIM Exposure Index  53.3 -1.9 points
  

• ICI Money Mkt Mutual Fund Assets $4.6318 Trillion -.3%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$.165 Million

• AAII % Bulls 25.1 -18.0%

• AAII % Bears 47.0 +42.9%

Futures Spot Prices

• CRB Index 282.12 -1.9%

• Crude Oil 89.0 -4.9%

• Reformulated Gasoline 261.81 -5.2%

• Natural Gas 5.95 -8.3%
• Dutch TTF Nat Gas(European benchmark) 97.85 euros/megawatt-hour -14.9%
  

• Heating Oil 356.31 -9.3% 
• Newcastle Coal 300.0 (1,000/metric ton) -13.9%
  

• Gold 1,767.72 +4.99%
• Silver 21.765 +3.6%
  

• S&P GSCI Industrial Metals Index 435.7 +1.5%

• Copper 393.50 +5.9%

• US No. 1 Heavy Melt Scrap Steel 341.0 USD/Metric Tonne -2.6%

• China Iron Ore Spot 92.75 USD/Metric Tonne +7.7%

• Lumber  431.90 -1.0%

• UBS-Bloomberg Agriculture 1,529.83 -.24%
• US Gulf NOLA Potash Spot 535.0 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow Forecast +4.0% +40.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -14.9% +.2 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 60.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 2.1 -10.6%

• US Economic Policy Uncertainty Index 142.7 +127.6%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 230.90 -.76:  Growth Rate +11.6% -.5 percentage point, P/E 17.2 +1.2 points

• Citi US Economic Surprise Index 8.9 -10.0 points

• Citi Eurozone Economic Surprise Index 8.9 -.3 point

• Citi Emerging Markets Economic Surprise Index 4.0 +2.3 points

• Fed Fund Futures imply 0.0%(unch.) chance of a +25.0 basis point rate hike, 80.6%(+22.1 percentage points) chance of +50.0 basis point hike and 19.4%(-19.1 percentage points) chance of +75.0 basis point hike on 12/14 to 4.50-4.75%
  

• US Dollar Index 106.36 -3.99%

• MSCI Emerging Markets Currency Index 1,600.65 +.73%
  

• Bitcoin/USD 16,753.0 -20.6%

• Euro/Yen Carry Return Index 148.12 -1.7%
  

• Yield Curve(2s/10s) -52.5 -1.25 basis points
  

• 10-Year US Treasury Yield 3.81% -35.0 basis points
  

• Federal Reserve's Balance Sheet $8.644 Trillion +.02%

• U.S. Sovereign Debt Credit Default Swap 28.3 -2.7%
  

• Illinois Municipal Debt Credit Default Swap 180.41 -4.9%
  

• Italian/German 10Y Yld Spread 205.0 -12.0 basis points
• UK Sovereign Debt Credit Default Swap 26.39 -3.5%
  

• China Sovereign Debt Credit Default Swap 79.76 -23.3%
  

• Brazil Sovereign Debt Credit Default Swap 271.82 +3.6%
  

• Israel Sovereign Debt Credit Default Swap 38.9 +3.2%

• South Korea Sovereign Debt Credit Default Swap 55.72 -23.6%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.9 +3.4%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.7% +30.0 basis points
  
• Zillow US All Homes Rent Index YoY +11.0% unch.
  
• US Urban Consumers Food CPI YoY +10.9% -30.0 basis points
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +5.02% -14.0 basis points: CPI YoY +7.62% -47.0 basis points
  
• 10-Year TIPS Spread 2.41% -5.0 basis points

• TED Spread 49.25 +8.25 basis points

• 2-Year Swap Spread 36.75 -1.25 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -50.75 +3.0 basis points

• N. America Investment Grade Credit Default Swap Index 83.32 -8.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 292.0 -4.2% 
• Bloomberg TRACE # Distressed Bonds Traded 477.0 -23.0
  

• European Financial Sector Credit Default Swap Index 97.88 -11.8%
• Credit Suisse Subordinated 5Y Credit Default Swap 319.07 -11.0%

• Emerging Markets Credit Default Swap Index 247.28 -12.4%
  

• MBS 5/10 Treasury Spread 141.0 -31.0 basis points
  
• Aggregate US CMBS Average OAS 1.32 +1.0 basis point
  
• Avg. Auto ABS OAS 1.22 +9.0 basis points

• M2 Money Supply YoY % Change 2.6 unch.
  

• Commercial Paper Outstanding 1,295.6 -.4%

• 4-Week Moving Average of Jobless Claims 218,750 -.1%
  

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

• Average 30-Year Fixed Home Mortgage Rate 6.91% -44.0 basis points
  

• Weekly Mortgage Applications 199,900 -.1%

• Weekly Retail Sales +7.6% -90.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 +6.6% +10.6 percentage points
• Box Office Weekly Gross $88.1M -40.0%
  

• Nationwide Gas $3.79/gallon +.00/gallon

• Baltic Dry Index 1,390 +5.1%

• China (Export) Containerized Freight Index 1,729.92 -3.4%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 62.50 +8.7%
• Truckstop.com Market Demand Index 38.3 +6.2%

• Rail Freight Carloads 258,830 -4.2%
• TSA Total Traveler Throughput 2,176,720 +13.5%
• US Covid-19:  84 infections/100K people(last 7 days total). 4.8%(+.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 -83.7%(+1.1 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Mid-Cap Growth +7.8%
  

Worst Performing Style

•  Small-Cap Value +4.6%
  

Leading Sectors

• Semis +15.0%

• Internet +13.3%
  

• Gambling +12.6%

• Hombuilding +12.0%

• Computer Hardware +11.7%
  

Lagging Sectors

• Energy +1.8%
  

• Utilities +1.5%
  

• Insurance +1.2%

• Foods -.2%
  

• Healthcare Providers -1.3%
  

Weekly High-Volume Stock Gainers (36)

• SGHT, DOCS, CENX, BAND, MGNI, PARA, U, DOCU, HCAT, AA, APPS, UPWK, TDC, ENFN, YETI, DWAC, EBIX, COO, IVZ, SMCI, APP, TROW, VRNS, ACDC, TPG, BROS, BZH, BTAI, MCO, SCPL, TPVG, FICO, JBI and USFD
  

Weekly High-Volume Stock Losers (22)

• ARGX, ASAI, HQY, TDS, STNG, MATV, CBOE, VRTX, LNG, LW, MCK, HSY, BGS, IBKR, WRB, AMN, CCRN, HUM, XMTR, HII, ELV and CI
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change