Weekly Scoreboard*

S&P 500 4,054.88 +.82%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 34,274.8 +.03%

• NASDAQ 11,394.65 +1.73%

• Russell 2000 1,882.15 +.84%

• S&P 500 High Beta 67.7 +1.6%

• Goldman 50 Most Shorted 163.62 +2.8%

• Wilshire 5000 40,769.9 +1.0%

• Russell 1000 Growth 2,322.5 +1.3%

• Russell 1000 Value 1,554.48 +.5%

• S&P 500 Consumer Staples 800.99 +.89%

• MSCI Cyclicals-Defensives Spread 1,034.63 +.67%
  

• NYSE Technology 2,783.9 +2.84%

• Transports 14,506.98 +.57%

• Utilities 976.29 +.12%

• Bloomberg European Bank/Financial Services 75.067 -.44%

• MSCI Emerging Markets 39.56 +5.2%

• HFRX Equity Hedge 1,448.25 +.51%

• HFRX Equity Market Neutral 915.86 +.1%

Sentiment/Internals

• NYSE Cumulative A/D Line 453,571 +.71%

• Bloomberg New Highs-Lows Index 146 +176
  

• Crude Oil Commercial Bullish % Net Position -35.3 unch.

• CFTC Oil Net Speculative Position 252,475 -9.3%

• CFTC Oil Total Open Interest 1,405,565 -4.4%

• Total Put/Call .88 -5.4%

• OEX Put/Call .91 -11.2%

• ISE Sentiment 145.0 +37.0 points
  

• NYSE Arms .70 -50.8% 
• Bloomberg Global Risk-On/Risk-Off Index 49.7 +1.8%
• Bloomberg Financial Conditions Index + Bubbles 2.20 +16.0 basis points
  

• Volatility(VIX) 19.7 -5.5%
• DJIA Intraday % Swing .95% +75.9%

• CBOE S&P 500 Implied Correlation Index 41.1 -3.0%

• G7 Currency Volatility (VXY) 11.2 -1.2%
  

• Emerging Markets Currency Volatility (EM-VXY) 11.7 -1.4%

• Smart Money Flow Index 14,737.6 +5.8%
• NAAIM Exposure Index  64.4 +4.1
  

• ICI Money Mkt Mutual Fund Assets $4.671 Trillion +1.0%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$8.506 Million

• AAII % Bulls 24.5 -15.2%

• AAII % Bears 40.4 +.5%

Futures Spot Prices

• CRB Index 279.46 +2.3%

• Crude Oil 79.95 +6.4%

• Reformulated Gasoline 227.09 +.24%

• Natural Gas 6.40 -3.8%
• Dutch TTF Nat Gas(European benchmark) 135.56 euros/megawatt-hour +8.4%
  

• Heating Oil 315.33 -1.7% 
• Newcastle Coal 385.5 (1,000/metric ton) +6.5%
  

• Gold 1,795.15 +2.4%
• Silver 23.07 +6.6%
  

• S&P GSCI Industrial Metals Index 452.4 +5.1%

• Copper 384.90 +6.2%

• US No. 1 Heavy Melt Scrap Steel 381.0 USD/Metric Tonne +10.4%

• China Iron Ore Spot 106.4 USD/Metric Tonne +9.3%

• Lumber  397.6 -6.7%

• UBS-Bloomberg Agriculture 1,495.60 -.88%
• US Gulf NOLA Potash Spot 525.0 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow Forecast +2.84% -142.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -12.2% +1.1 percentage points
  
• Bloomberg US Recession Probability Next 12 Months 62.5% unch.
  

• NY Fed Real-Time Weekly Economic Index 1.5 +7.2%

• US Economic Policy Uncertainty Index 222.5 +111.12%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 230.15 +.55:  Growth Rate +11.3% +.3 percentage point, P/E 17.7 +.1

• Citi US Economic Surprise Index 12.9 -.4 point

• Citi Eurozone Economic Surprise Index 27.5 -14.8 points

• Citi Emerging Markets Economic Surprise Index .2 -1.7 points

• Fed Fund Futures imply 0.0%(unch.) chance of a +25.0 basis point rate hike, 79.4%(+3.6 percentage points) chance of +50.0 basis point hike and 20.6%(-3.6 percentage points) chance of +75.0 basis point hike on 12/14 to 4.50-4.75%
  

• US Dollar Index 104.6 -1.3%

• MSCI Emerging Markets Currency Index 1,644.42 +1.14%
  

• Bitcoin/USD 16,940.9 +2.4%

• Euro/Yen Carry Return Index 146.82 -.35%
  

• Yield Curve(2s/10s) -77.5 -.5 basis point
  

• 10-Year US Treasury Yield 3.55% -16.0 basis points
  

• Federal Reserve's Balance Sheet $8.548 Trillion -.44%

• U.S. Sovereign Debt Credit Default Swap 27.55 +6.3%
  

• Illinois Municipal Debt Credit Default Swap 175.20 -1.8%
  

• Italian/German 10Y Yld Spread 192.0 +2.0 basis points
• UK Sovereign Debt Credit Default Swap 25.2 +2.7%
  

• China Sovereign Debt Credit Default Swap 75.5 -1.7%
  

• Brazil Sovereign Debt Credit Default Swap 236.62 -9.6%
  

• Israel Sovereign Debt Credit Default Swap 38.5 -3.6%

• South Korea Sovereign Debt Credit Default Swap 51.0 +1.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 27.1 +2.9%

• 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 +4.87% -15.0 basis points: CPI YoY +7.49% -6.0 basis points
  
• 10-Year TIPS Spread 2.41% +7.0 basis points

• TED Spread 45.5 -2.5 basis points

• 2-Year Swap Spread 31.5 -.5 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -34.5 +7.0 basis points

• N. America Investment Grade Credit Default Swap Index 77.99 -.5%
  

• America Energy Sector High-Yield Credit Default Swap Index 299.0 -.7% 
• Bloomberg TRACE # Distressed Bonds Traded 381.0 -22.0
  

• European Financial Sector Credit Default Swap Index 97.8 -1.2%
• Credit Suisse Subordinated 5Y Credit Default Swap 463.05 +31.7%

• Emerging Markets Credit Default Swap Index 231.11 -.37%
  

• MBS 5/10 Treasury Spread 137.0 unch.
  
• Aggregate US CMBS Average OAS 1.26 -1.0 basis point
  
• Avg. Auto ABS OAS 1.21 +3.0 basis points

• M2 Money Supply YoY % Change 1.3 unch.
  

• Commercial Paper Outstanding 1,293.4 -1.2%

• 4-Week Moving Average of Jobless Claims 228,750 +.77%
  

• Continuing Claims Unemployment Rate 1.1% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 37.8 -21.3%
  

• Average 30-Year Fixed Home Mortgage Rate 6.51% -26.0 basis points
  

• Weekly Mortgage Applications 208,100 -.81%

• Weekly Retail Sales +8.10% +80.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 -15.5% -2.5 percentage points
• Box Office Weekly Gross $156.1M -39.0%
  

• Nationwide Gas $3.45/gallon -.13/gallon

• Baltic Dry Index 1,338 +1.1%

• China (Export) Containerized Freight Index 1,464.76 -6.3%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 62.50 -13.8%
• Truckstop.com Market Demand Index 26.02 -26.2%

• Rail Freight Carloads 206,513 -19.3%
• TSA Total Traveler Throughput 2,044,164 -9.9%
• US Covid-19:  91 infections/100K people(last 7 days total). 5.2%(+.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 -80.5%(+3.0 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Mid-Cap Growth +1.8%
  

Worst Performing Style

•  Large-Cap Value +.5%
  

Leading Sectors

• Digital Health +7.1%

• Steel +6.5%
• Video Gaming +5.5%
  

• Gold & Silver +5.4%

• Gambling +4.4%
  

Lagging Sectors

• Banks -1.4%
  

• Computer Hardware -1.5%
  

• Airlines -1.8%

• Energy -2.0%
  

• Disk Drives -4.1%
  

Weekly High-Volume Stock Gainers (10)

• IOT, SPB, SMAR, PATH, PTON, PD, BBW, HII, AXSM and ARHS
  

Weekly High-Volume Stock Losers (14)

• S, WFC, PSTG, DBI, CAKE, PYPL, BG, STEM, PBF, AMPL, NVAX, DINO, ASAN and CBRL
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change