Weekly Scoreboard*

 

S&P 500 4,027.23 +2.1%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 34,320.0 +2.4%

• NASDAQ 11,236.09 +.93%

• Russell 2000 1,871.83 +1.6%

• S&P 500 High Beta 66.83 +1.4%

• Goldman 50 Most Shorted 159.52 -2.3%

• Wilshire 5000 40,439.3 +2.1%

• Russell 1000 Growth 2,297.46 +1.5%

• Russell 1000 Value 1,549.29 +2.6%

• S&P 500 Consumer Staples 794.38 +3.1%

• MSCI Cyclicals-Defensives Spread 1,033.52 +.13%
  

• NYSE Technology 2,725.08 -.04%

• Transports 14,444.32 +2.1%

• Utilities 968.82 +5.8%

• Bloomberg European Bank/Financial Services 75.32 +1.6%

• MSCI Emerging Markets 37.68 -1.3%

• HFRX Equity Hedge 1,436.28 +.17%

• HFRX Equity Market Neutral 913.50 +.38%

Sentiment/Internals

• NYSE Cumulative A/D Line 450,368 +1.2%

• Bloomberg New Highs-Lows Index -30 +204
  

• Crude Oil Commercial Bullish % Net Position -35.3 -9.2%

• CFTC Oil Net Speculative Position 278,267 +1.27%

• CFTC Oil Total Open Interest 1,469,437 +1.57%

• Total Put/Call .90 -7.9%

• OEX Put/Call .91 -13.6%

• ISE Sentiment 108.0 -8.0 points
  

• NYSE Arms 1.36 +52.6% 
• Bloomberg Global Risk-On/Risk-Off Index 48.7 +1.7%
• Bloomberg Financial Conditions Index + Bubbles 2.04 +17.0 basis points
  

• Volatility(VIX) 20.5 -13.9%
• DJIA Intraday % Swing .54% -36.5%

• CBOE S&P 500 Implied Correlation Index 41.6 -10.4%

• G7 Currency Volatility (VXY) 11.2 +1.9%
  

• Emerging Markets Currency Volatility (EM-VXY) 11.9 -1.2%

• Smart Money Flow Index 13,761.5 -2.6%
• NAAIM Exposure Index  65.0 n/a
  

• ICI Money Mkt Mutual Fund Assets $4.641 Trillion +.35%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$15.306 Million

• AAII % Bulls 28.9 -13.7%

• AAII % Bears 40.2 unch.

Futures Spot Prices

• CRB Index 276.88 -.26%

• Crude Oil 76.95 -4.7%

• Reformulated Gasoline 237.1 -1.6%

• Natural Gas 7.12 +13.4%
• Dutch TTF Nat Gas(European benchmark) 125.1 euros/megawatt-hour +15.5%
  

• Heating Oil 328.84 -4.8% 
• Newcastle Coal 362.0 (1,000/metric ton) +6.5%
  

• Gold 1,753.88 -.04%
• Silver 21.43 +1.91%
  

• S&P GSCI Industrial Metals Index 434.17 -.36%

• Copper 362.40 -1.44%

• US No. 1 Heavy Melt Scrap Steel 345.0 USD/Metric Tonne +1.8%

• China Iron Ore Spot 98.8 USD/Metric Tonne +3.6%

• Lumber  428.0 -1.97%

• UBS-Bloomberg Agriculture 1,514.48 +.48%
• US Gulf NOLA Potash Spot 525.0 USD/Short Ton +.5%
  

Economy

• Atlanta Fed GDPNow Forecast +4.26% +8.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -13.3% +.9 percentage point
  
• Bloomberg US Recession Probability Next 12 Months 62.5% unch.
  

• NY Fed Real-Time Weekly Economic Index 1.6 -7.6%

• US Economic Policy Uncertainty Index 311.91 +203.5%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 229.60 -.37:  Growth Rate +11.0% -.3 percentage point, P/E 17.6 +.4

• Citi US Economic Surprise Index 13.3 +2.0 points

• Citi Eurozone Economic Surprise Index 42.3 +26.8 points

• Citi Emerging Markets Economic Surprise Index 1.9 +1.2 points

• Fed Fund Futures imply 0.0%(unch.) chance of a +25.0 basis point rate hike, 71.1%(-4.7 percentage points) chance of +50.0 basis point hike and 28.9%(+4.7 percentage points) chance of +75.0 basis point hike on 12/14 to 4.50-4.75%
  

• US Dollar Index 106.05 -.6%

• MSCI Emerging Markets Currency Index 1,626.55 +.32%
  

• Bitcoin/USD 16,493.4 +1.5%

• Euro/Yen Carry Return Index 149.62 -.01%
  

• Yield Curve(2s/10s) -77.0 -8.0 basis points
  

• 10-Year US Treasury Yield 3.71% -10.0 basis points
  

• Federal Reserve's Balance Sheet $8.590 Trillion n/a

• U.S. Sovereign Debt Credit Default Swap 25.9 -11.0%
  

• Illinois Municipal Debt Credit Default Swap 178.22 -.37%
  

• Italian/German 10Y Yld Spread 190.0 +1.0 basis point
• UK Sovereign Debt Credit Default Swap 24.77 -1.4%
  

• China Sovereign Debt Credit Default Swap 75.55 -5.7%
  

• Brazil Sovereign Debt Credit Default Swap 261.91 -2.99%
  

• Israel Sovereign Debt Credit Default Swap 39.88 +4.5%

• South Korea Sovereign Debt Credit Default Swap 50.4 -5.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 26.22 +2.0%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.7% unch.
  
• Zillow US All Homes Rent Index YoY +9.8% unch.
  
• US Urban Consumers Food CPI YoY +10.9% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +5.02% unch.: CPI YoY +7.55% -5.0 basis points
  
• 10-Year TIPS Spread 2.34% +9.0 basis points

• TED Spread 48.0 +4.0 basis points

• 2-Year Swap Spread 32.0 -.5 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -41.5 +8.5 basis points

• N. America Investment Grade Credit Default Swap Index 77.94 -5.2%
  

• America Energy Sector High-Yield Credit Default Swap Index 322.0 +6.8% 
• Bloomberg TRACE # Distressed Bonds Traded 403.0 -18.0
  

• European Financial Sector Credit Default Swap Index 98.84 -5.0%
• Credit Suisse Subordinated 5Y Credit Default Swap 351.66 -2.7%

• Emerging Markets Credit Default Swap Index 231.48 -8.8%
  

• MBS 5/10 Treasury Spread 137.0 -6.0 basis points
  
• Aggregate US CMBS Average OAS 1.27 -3.0 basis points
  
• Avg. Auto ABS OAS 1.18 -1.0 basis point

• M2 Money Supply YoY % Change 1.3 -130.0 basis points
  

• Commercial Paper Outstanding 1,303.6 n/a

• 4-Week Moving Average of Jobless Claims 226,750 +2.5%
  

• Continuing Claims Unemployment Rate 1.1% +10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 47.50 n/a
  

• Average 30-Year Fixed Home Mortgage Rate 6.77% -10.0 basis points
  

• Weekly Mortgage Applications 209,800 +2.2%

• Weekly Retail Sales +7.3% +10.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 -13.0% -12.3 percentage points
• Box Office Weekly Gross $255.9M +232.8%
  

• Nationwide Gas $3.58/gallon -.13/gallon

• Baltic Dry Index 1,242 +4.5%

• China (Export) Containerized Freight Index 1,563.46 -5.32%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 72.50 +16.0%
• Truckstop.com Market Demand Index 35.27 +.29%

• Rail Freight Carloads 255,907 +.4%
• TSA Total Traveler Throughput 1,400,490 -34.8%
• 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 -83.5%(+.9 percentage point) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Mid-Cap Value +2.7%
  

Worst Performing Style

•  Small-Cap Growth +1.5%
  

Leading Sectors

• Utilities +5.8%

• Gold & Silver +5.0%
• Healthcare Providers +4.6%
  

• Agriculture +4.3%

• Networking +3.7%
  

Lagging Sectors

• Video Gaming -1.2%
  

• Electric Vehicles -1.5%
  

• Gambling -1.8%

• Oil Service -2.4%
  

• Social Media -3.8%
  

Weekly High-Volume Stock Gainers (5)

• HRT, RELL, COUP, PRM and SMCI
  

Weekly High-Volume Stock Losers (3)

• VCTR, ALB and KDNY
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change