Weekly Scoreboard*

 

S&P 500 3,958.5 -2.5%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 33,686.1 -2.0%

• NASDAQ 11,083.0 -3.1%

• Russell 2000 1,803.96 -4.2%

• S&P 500 High Beta 65.8 -3.10%

• Goldman 50 Most Shorted 150.09 -8.9%

• Wilshire 5000 39,713.30 -2.8%

• Russell 1000 Growth 2,265.89 -2.57%

• Russell 1000 Value 1,514.05 -2.6%

• S&P 500 Consumer Staples 792.58 -1.29%

• MSCI Cyclicals-Defensives Spread 1,007.86 -1.99%
  

• NYSE Technology 2,732.24 -1.97%

• Transports 13,797.9 -5.1%

• Utilities 975.20 +.38%

• Bloomberg European Bank/Financial Services 74.72 -.45%

• MSCI Emerging Markets 39.18 -.94%

• HFRX Equity Hedge 1,446.25 -.31%

• HFRX Equity Market Neutral 915.79 +.15%

Sentiment/Internals

• NYSE Cumulative A/D Line 449,835 -.82%

• Bloomberg New Highs-Lows Index -222 -379
  

• Crude Oil Commercial Bullish % Net Position -33.9 +4.1%

• CFTC Oil Net Speculative Position 239,739 -5.0%

• CFTC Oil Total Open Interest 1,412,121 +.47%

• Total Put/Call 1.16 +17.9%

• OEX Put/Call 1.02 -2.6%

• ISE Sentiment 103.0 -42.0 points
  

• NYSE Arms .74 -20.2% 
• Bloomberg Global Risk-On/Risk-Off Index 48.0 -3.4%
• Bloomberg Financial Conditions Index + Bubbles 2.08 -12.0 basis points
  

• Volatility(VIX) 22.7 +17.4%
• DJIA Intraday % Swing .60% -36.8%

• CBOE S&P 500 Implied Correlation Index 44.1 +7.7%

• G7 Currency Volatility (VXY) 10.4 -5.2%
  

• Emerging Markets Currency Volatility (EM-VXY) 11.2 -1.97%

• Smart Money Flow Index 14,413.2 -2.2%
• NAAIM Exposure Index  55.7 -8.7
  

• ICI Money Mkt Mutual Fund Assets $4.718 Trillion +1.0%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$12.233 Million

• AAII % Bulls 24.7 +.8%

• AAII % Bears 41.8 +3.5%

Futures Spot Prices

• CRB Index 266.40 -3.7%

• Crude Oil 70.60 -11.4%

• Reformulated Gasoline 204.18 -10.8%

• Natural Gas 6.11 -.53%
• Dutch TTF Nat Gas(European benchmark) 139.11 euros/megawatt-hour -.56%
  

• Heating Oil 278.80 -11.4% 
• Newcastle Coal 372.75 (1,000/metric ton) -3.3%
  

• Gold 1,798.8 +.11%
• Silver 23.5 +1.7%
  

• S&P GSCI Industrial Metals Index 464.35 +.64%

• Copper 386.20 +.64%

• US No. 1 Heavy Melt Scrap Steel 384.0 USD/Metric Tonne +.8%

• China Iron Ore Spot 112.40 USD/Metric Tonne +3.2%

• Lumber  409.90 +3.1%

• UBS-Bloomberg Agriculture 1,497.62 +.27%
• US Gulf NOLA Potash Spot 495.0 USD/Short Ton -1.98%
  

Economy

• Atlanta Fed GDPNow Forecast +3.37% +53.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -11.2% +1.0 percentage points
  
• Bloomberg US Recession Probability Next 12 Months 62.5% unch.
  

• NY Fed Real-Time Weekly Economic Index 1.18 -28.0%

• US Economic Policy Uncertainty Index 149.0 +219.0%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 230.39 +.24:  Growth Rate +11.3% unch., P/E 17.3 -.4

• Citi US Economic Surprise Index 19.0 +6.1 points

• Citi Eurozone Economic Surprise Index 38.4 +10.9 points

• Citi Emerging Markets Economic Surprise Index -3.3 -3.5 points

• Fed Fund Futures imply 0.0%(unch.) chance of a +25.0 basis point rate hike, 77.0%(-1.2 percentage points) chance of +50.0 basis point hike and 23.0%(+1.2 percentage points) chance of +75.0 basis point hike on 12/14 to 4.50-4.75%
  

• US Dollar Index 104.82 +.3%

• MSCI Emerging Markets Currency Index 1,646.50 -.01%
  

• Bitcoin/USD 17,138.4 +.3%

• Euro/Yen Carry Return Index 148.8 +1.7%
  

• Yield Curve(2s/10s) -75.0 +2.5 basis points
  

• 10-Year US Treasury Yield 3.56% +1.0 basis point
  

• Federal Reserve's Balance Sheet $8.547 Trillion -.01%

• U.S. Sovereign Debt Credit Default Swap 25.19 -8.6%
  

• Illinois Municipal Debt Credit Default Swap 185.65 +6.6%
  

• Italian/German 10Y Yld Spread 191.0 -1.0 basis point
• UK Sovereign Debt Credit Default Swap 25.55 +1.5%
  

• China Sovereign Debt Credit Default Swap 74.4 -1.3%
  

• Brazil Sovereign Debt Credit Default Swap 240.55 +1.9%
  

• Israel Sovereign Debt Credit Default Swap 40.94 +6.3%

• South Korea Sovereign Debt Credit Default Swap 54.1 +6.2%

• China Corp. High-Yield Bond USD ETF(KHYB) 27.1 +.15%

• 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% unch.: CPI YoY +7.49% unch.
  
• 10-Year TIPS Spread 2.28% -13.0 basis points

• TED Spread 46.0 +.5 basis point

• 2-Year Swap Spread 31.5 unch.
  

• 3-Month EUR/USD Cross-Currency Basis Swap -29.75 +4.75 basis points

• N. America Investment Grade Credit Default Swap Index 79.9 +2.84%
  

• America Energy Sector High-Yield Credit Default Swap Index 318.0 +6.7% 
• Bloomberg TRACE # Distressed Bonds Traded 443.0 +62.0
  

• European Financial Sector Credit Default Swap Index 98.8 +1.4%
• Credit Suisse Subordinated 5Y Credit Default Swap 461.18 -.4%

• Emerging Markets Credit Default Swap Index 236.66 +2.1%
  

• MBS 5/10 Treasury Spread 148.0 +11.0 basis points
  
• Aggregate US CMBS Average OAS 1.26 -1.0 basis point
  
• Avg. Auto ABS OAS 1.16 -9.0 basis points

• M2 Money Supply YoY % Change 1.3 unch.
  

• Commercial Paper Outstanding 1,318.2 +1.9%

• 4-Week Moving Average of Jobless Claims 230,000 +.44%
  

• Continuing Claims Unemployment Rate 1.2% +10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.0 +29.6%
  

• Average 30-Year Fixed Home Mortgage Rate 6.63% +12.0 basis points
  

• Weekly Mortgage Applications 204,200 -1.9%

• Weekly Retail Sales +5.70% -240.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 -8.9% +6.6 percentage points
• Box Office Weekly Gross $114.2M -31.5%
  

• Nationwide Gas $3.32/gallon -.13/gallon

• Baltic Dry Index 1,385 +4.6%

• China (Export) Containerized Freight Index 1,410.11 -3.7%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 52.50 -16.0%
• Truckstop.com Market Demand Index 43.26 +81.4%

• Rail Freight Carloads 254,165 +23.1%
• TSA Total Traveler Throughput 2,199,544 +23.3%
• US Covid-19:  140 infections/100K people(last 7 days total). 8.0%(+2.8 percentage points) of peak on 1/14/22(1,740) +49/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -77.5%(+3.0 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Large-Cap Growth -2.6%
  

Worst Performing Style

•  Small-Cap Growth -4.5%
  

Leading Sectors

• Utilities +.4%

• Steel +.3%
• Pharma +.1%
  

• Healthcare Providers -.1%

• Video Gaming -.4%
  

Lagging Sectors

• Banks -5.2%
  

• Alt Energy -7.44%
  

• Energy -8.2%

• Oil Service -9.8%
  

• Marijuana -17.0%
  

Weekly High-Volume Stock Gainers (3)

• ACLX, DOMO and TH
  

Weekly High-Volume Stock Losers (9)

• AB, SNDX, MRTX, LESL, VIST, DVN, GME, CORT and LULU
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change