Weekly Scoreboard*

 

S&P 500 3,957.87 -1.1%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,684.21 -.36%

• NASDAQ 11,122.62 -2.0%

• Russell 2000 1,844.03 -2.1%

• S&P 500 High Beta 65.54 -3.6%

• Goldman 50 Most Shorted 160.22 -7.9%

• Wilshire 5000 39,789.57 -.37%

• Russell 1000 Growth 2,258.28 -1.7%

• Russell 1000 Value 1,515.51 -1.1%

• S&P 500 Consumer Staples 777.17 +1.2%

• MSCI Cyclicals-Defensives Spread 1,041.36 -1.4%
  

• NYSE Technology 2,705.01 -1.4%

• Transports 14,251.7 -2.2%

• Utilities 938.64 +.8%

• Bloomberg European Bank/Financial Services 74.12 +1.94%

• MSCI Emerging Markets 37.92 -.21%

• HFRX Equity Hedge 1,433.91 +.08%

• HFRX Equity Market Neutral 910.14 +.64%

Sentiment/Internals

• NYSE Cumulative A/D Line 415,017 -.11%

• Bloomberg New Highs-Lows Index -234 -179
  

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

• CFTC Oil Net Speculative Position 274,790 +7.8%

• CFTC Oil Total Open Interest 1,446,658 -.85%

• Total Put/Call .84 +14.9%

• OEX Put/Call 1.09 -4.1%

• ISE Sentiment 116.0 +8.0 points
  

• NYSE Arms 1.32 +43.0% 
• Bloomberg Global Risk-On/Risk-Off Index 47.9 -2.8%
• Bloomberg Financial Conditions Index + Bubbles 1.87 +14.0 basis points
  

• Volatility(VIX) 23.4 +3.8%
• DJIA Intraday % Swing .85% -22.7%

• CBOE S&P 500 Implied Correlation Index 46.8 +1.9%

• G7 Currency Volatility (VXY) 11.0 -1.2%
  

• Emerging Markets Currency Volatility (EM-VXY) 12.1 -1.9%

• Smart Money Flow Index 13,685.75 -2.1%
• NAAIM Exposure Index  65.0 +11.7 points
  

• ICI Money Mkt Mutual Fund Assets $4.625 Trillion +.07%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$7.820 Million

• AAII % Bulls 33.5 +33.5%

• AAII % Bears 40.2 -14.5%

Futures Spot Prices

• CRB Index 277.6 -1.6%

• Crude Oil 80.0 -10.7%

• Reformulated Gasoline 242.2 -8.3%

• Natural Gas 6.40 +6.3%
• Dutch TTF Nat Gas(European benchmark) 115.5 euros/megawatt-hour +17.3%
  

• Heating Oil 351.84 -2.2% 
• Newcastle Coal 340.0 (1,000/metric ton) +13.3%
  

• Gold 1,748.50 -1.3%
• Silver 20.87 -3.8%
  

• S&P GSCI Industrial Metals Index 435.7 unch.

• Copper 363.30 -7.7%

• US No. 1 Heavy Melt Scrap Steel 339.0 USD/Metric Tonne -.4%

• China Iron Ore Spot 97.3 USD/Metric Tonne +3.4%

• Lumber  430.0 -.44%

• UBS-Bloomberg Agriculture 1,517.40 -.93%
• US Gulf NOLA Potash Spot 522.5 USD/Short Ton -1.9%
  

Economy

• Atlanta Fed GDPNow Forecast +4.18% +18.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -14.2% +.7 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 62.5% +2.5 percentage points
  

• NY Fed Real-Time Weekly Economic Index 1.7 -18.5%

• US Economic Policy Uncertainty Index 108.2 -45.1%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 229.97 -.93:  Growth Rate +11.3% -.3 percentage point, P/E 17.2 unch.

• Citi US Economic Surprise Index 11.3 +2.4 points

• Citi Eurozone Economic Surprise Index 15.5 +6.6 points

• Citi Emerging Markets Economic Surprise Index .7 -3.3 points

• Fed Fund Futures imply 0.0%(unch.) chance of a +25.0 basis point rate hike, 75.8%(-9.6 percentage points) chance of +50.0 basis point hike and 24.2%(+9.6 percentage points) chance of +75.0 basis point hike on 12/14 to 4.50-4.75%
  

• US Dollar Index 106.94 +.49%

• MSCI Emerging Markets Currency Index 1,618.29 -.56%
  

• Bitcoin/USD 16,597.5 +1.2%

• Euro/Yen Carry Return Index 149.90 +1.1%
  

• Yield Curve(2s/10s) -69.0 -16.5 basis points
  

• 10-Year US Treasury Yield 3.81% unch.
  

• Federal Reserve's Balance Sheet $8.590 Trillion -.62%

• U.S. Sovereign Debt Credit Default Swap 29.1 +2.8%
  

• Illinois Municipal Debt Credit Default Swap 179.59 -.45%
  

• Italian/German 10Y Yld Spread 189.0 -16.0 basis points
• UK Sovereign Debt Credit Default Swap 25.11 -4.8%
  

• China Sovereign Debt Credit Default Swap 79.78 -.1%
  

• Brazil Sovereign Debt Credit Default Swap 270.21 +1.3%
  

• Israel Sovereign Debt Credit Default Swap 38.2 -1.99%

• South Korea Sovereign Debt Credit Default Swap 53.18 -4.6%

• China Corp. High-Yield Bond USD ETF(KHYB) 25.7 +3.2%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.7% unch.
  
• Zillow US All Homes Rent Index YoY +9.8% -120.0 basis points
  
• US Urban Consumers Food CPI YoY +10.9% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +5.02% unch.: CPI YoY +7.60% -2.0 basis points
  
• 10-Year TIPS Spread 2.25% -16.0 basis points

• TED Spread 44.0 -5.25 basis points

• 2-Year Swap Spread 32.5 -4.25 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -52.0 -1.25 basis points

• N. America Investment Grade Credit Default Swap Index 82.35 -1.3%
  

• America Energy Sector High-Yield Credit Default Swap Index 282.0 -3.1% 
• Bloomberg TRACE # Distressed Bonds Traded 421.0 -56.0
  

• European Financial Sector Credit Default Swap Index 104.11 -3.0%
• Credit Suisse Subordinated 5Y Credit Default Swap 348.21 +9.3%

• Emerging Markets Credit Default Swap Index 254.45 +4.8%
  

• MBS 5/10 Treasury Spread 143.0 +2.0 basis points
  
• Aggregate US CMBS Average OAS 1.30 -2.0 basis points
  
• Avg. Auto ABS OAS 1.19 -3.0 basis points

• M2 Money Supply YoY % Change 2.6 unch.
  

• Commercial Paper Outstanding 1,303.6 +.6%

• 4-Week Moving Average of Jobless Claims 221,000 +.9%
  

• Continuing Claims Unemployment Rate 1.0% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 47.50 +.36%
  

• Average 30-Year Fixed Home Mortgage Rate 6.87% -4.0 basis points
  

• Weekly Mortgage Applications 205,200 +2.7%

• Weekly Retail Sales +7.2% -40.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 -.7% -7.3 percentage points
• Box Office Weekly Gross $75.1M -17.3%
  

• Nationwide Gas $3.71/gallon -.08/gallon

• Baltic Dry Index 1,228 -9.4%

• China (Export) Containerized Freight Index 1,729.92 unch.

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 67.50 +8.0%
• Truckstop.com Market Demand Index 35.17 -8.1%

• Rail Freight Carloads 254,876 -1.5%
• TSA Total Traveler Throughput 2,316,875 +23.8%
• 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 -84.6%(-.9 percentage point) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Large-Cap Value -1.1%
  

Worst Performing Style

•  Mid-Cap Growth -2.7%
  

Leading Sectors

• Pharma +2.3%

• Computer Services +2.0%
  

• Foods +1.1%

• Education +1.1%

• Utilities +.8%
  

Lagging Sectors

• Banks -4.0%
  

• Gold & Silver -4.2%
  

• Internet -4.3%

• Homebuilding -4.8%
  

• Alt Energy -5.2%
  

Weekly High-Volume Stock Gainers (13)

• CLFD, AMBA, ROST, HLIT, FL, BZH, GES, GPS, BURL, MRTX, CRI, DECK and DNUT
  

Weekly High-Volume Stock Losers (16)

• ROG, W, MASS, LSXMK, MSTR, LSXMA, GLOB, MAX, AFRM, COIN, NEWR, SI, LYV, SAVA, BRBR and RAPT
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change