Weekly Scoreboard*

 

S&P 500 3,955.7 +.9%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 32,191.7 +.9%

• NASDAQ 11,787.9 +1.2%

• Russell 2000 1,726.0 -.13%

• NYSE FANG+ 5,912.9 +2.5% 
• Roundhill Meme Stock ETF 6.08 +1.5%
  

• Goldman 50 Most Shorted 132.90 -1.8%

• Wilshire 5000 39,512.5 +.86%

• Russell 1000 Growth 2,372.94 +1.1%

• Russell 1000 Value 1,440.30 +.58%

• S&P 500 Consumer Staples 759.52 +1.2%

• MSCI Cyclicals-Defensives Spread 1,127.1 +1.14%
  

• NYSE Technology 3,037.8 +.93%

• Transports 13,638.3 -.92%

• Utilities 902.5 -2.2%

• Bloomberg European Bank/Financial Services 74.0 -2.4%
  

• MSCI Emerging Markets 38.7 +2.9%

• HFRX Equity Hedge 1,447.31 +.14%

• HFRX Equity Market Neutral 923.9 +.11%

Sentiment/Internals

• NYSE Cumulative A/D Line 446,019 -.38%
• Nasdaq/NYSE Volume Ratio 6.0 +213.2%

• Bloomberg New Highs-Lows Index -460 +13
  

• Crude Oil Commercial Bullish % Net Position -25.7 +.5%

• CFTC Oil Net Speculative Position 176,219 -14.8%

• CFTC Oil Total Open Interest 1,767,660 +.72%

• Total Put/Call 1.07 +5.9%

• OEX Put/Call 1.23 +7.9%

• ISE Sentiment 81.0 -4.0 points
  

• NYSE Arms .97 -47.6%
  
• Bloomberg Global Risk-On/Risk-Off Index 46.6 +12.8%
• Bloomberg US Financial Conditions Index -.84.0 -11.0 basis points
• Bloomberg European Financial Conditions Index -4.65 -51.0 basis points
  

• Volatility(VIX) 22.4 -11.2%
• DJIA Intraday % Swing 1.18% -19.2%

• CBOE S&P 500 Implied Correlation Index 38.3 -10.2%

• G7 Currency Volatility (VXY) 10.15 -3.7%
  

• Emerging Markets Currency Volatility (EM-VXY) 11.8 -.34%

• Smart Money Flow Index 12,693.0 +.92%
• NAAIM Exposure Index  53.2 +11.3
  

• ICI Money Mkt Mutual Fund Assets $5.132 Trillion +2.3%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$.699 Million

• AAII % Bulls 20.9 +8.9%

• AAII % Bears 48.9 +1.0%

Futures Spot Prices

• CRB Index 257.78 +1.23%

• Crude Oil 69.23/bbl. +4.2%

• Reformulated Gasoline 259.34 +4.4%

• Natural Gas 2.21 -6.7%
• Dutch TTF Nat Gas(European benchmark) 41.1 euros/megawatt-hour -4.7%
  

• Heating Oil 270.5 +1.3% 
• Newcastle Coal 190.0 (1,000/metric ton) +8.6%
  

• Gold 1,976.17 -.2%
• Silver 23.1 +2.8%
  

• S&P GSCI Industrial Metals Index 445.3 +2.8%

• Copper 406.80 +4.5%

• US No. 1 Heavy Melt Scrap Steel 453.0 USD/Metric Tonne -1.5%

• China Iron Ore Spot 118.3 USD/Metric Tonne -5.9%

• Lumber  411.0 -9.2%

• UBS-Bloomberg Agriculture 1,508.54 -.83%
• US Gulf NOLA Potash Spot 365.0 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +3.18% -6.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate
  
• Bloomberg US Recession Probability Next 12 Months 60.0% unch.
  

• NY Fed Real-Time Weekly Economic Index 1.06 +11.6%

• US Economic Policy Uncertainty Index 227.3 +173.7%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 226.23 +.41:  Growth Rate +1.7% +.2 percentage point, P/E 17.5 unch. 
  
• S&P 500 Current Year Estimated Profit Margin 12.34% -2.0 basis points
  

• Citi US Economic Surprise Index 61.2 +10.5 points

• Citi Eurozone Economic Surprise Index 52.6 +4.2 points

• Citi Emerging Markets Economic Surprise Index 20.2 -.6 point

• Fed Fund Futures imply 0.0%(-25.3 percentage points) chance of -25.0 basis point cut to 4.5-4.75%, 83.0%(+29.0 percentage points) chance of no change, 17.0%(-3.7 percentage points) chance of +25.0 basis point hike to 5.0-5.25% on 5/3
  

• US Dollar Index 103.12 -.70%

• MSCI Emerging Markets Currency Index 1,691.4 +.95%
  

• Bitcoin/USD 27,732.7 -.6%

• Euro/Yen Carry Return Index 146.79 +.14%
  

• Yield Curve(2s/10s) -40.0 +8.0 basis points
  

• 10-Year US Treasury Yield 3.36% -4.0 basis points
  

• Federal Reserve's Balance Sheet $8.697 Trillion +1.1%

• U.S. Sovereign Debt Credit Default Swap 44.7 +4.5%
  

• Illinois Municipal Debt Credit Default Swap 184.26 +.21%
  

• Italian/German 10Y Yld Spread 189.0 -6.0 basis points
• UK Sovereign Debt Credit Default Swap 29.7 +19.9%
  

• China Sovereign Debt Credit Default Swap 87.47 +14.4%
  

• Brazil Sovereign Debt Credit Default Swap 252.39 +1.7%
  

• Israel Sovereign Debt Credit Default Swap 59.1 -7.1%

• South Korea Sovereign Debt Credit Default Swap 44.7 +5.7%

• China Corp. High-Yield Bond USD ETF(KHYB) 26.8 -.63%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.6% unch.
  
• Zillow US All Homes Rent Index YoY +6.3% unch.
  
• US Urban Consumers Food CPI YoY +9.5% unch.
  
• CPI Core Services Ex-Rents YoY 6.15% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.73% unch.: CPI YoY +5.22% unch.
  
• 10-Year TIPS Spread 2.23% +12.0 basis points

• TED Spread 53.5 -6.25 basis points
  
• 2-Year Swap Spread 32.0 +3.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -25.25 +5.0 basis points

• N. America Investment Grade Credit Default Swap Index 86.77 +.1%
  

• America Energy Sector High-Yield Credit Default Swap Index 286.0 +.5% 
• Bloomberg TRACE # Distressed Bonds Traded 449.0 +1.0
  

• European Financial Sector Credit Default Swap Index 117.51 -8.9%
• Deutsche Bank Subordinated 5Y Credit Default Swap 497.6 +29.5%

• Emerging Markets Credit Default Swap Index 255.48 -3.4%
  

• MBS 5/10 Treasury Spread 159.0 unch.
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 656.0 +22.0 basis points
• Avg. Auto ABS OAS .90 +18.0 basis points
  

• M2 Money Supply YoY % Change -1.7% unch.
  

• Commercial Paper Outstanding 1,118.0 -3.9%

• 4-Week Moving Average of Jobless Claims 196,250 -.13%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 47.3 -5.5%
  

• Average 30-Year Fixed Home Mortgage Rate 6.79% -21.0 basis points
  

• Weekly Mortgage Applications 221,000 +3.0%

• Weekly Retail Sales +2.9% +10.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 +129.5% n/a
• Box Office Weekly Gross $152.8M +1.4%
  

• Nationwide Gas $3.44/gallon -.02/gallon

• Baltic Dry Index 1,484.0 -3.3%

• China (Export) Containerized Freight Index 977.1 -1.6%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 60.0 unch.
• Truckstop.com Market Demand Index 46.6 +2.2%

• Rail Freight Carloads 226,046 -1.5%
• TSA Total Traveler Throughput 2,189,372 -13.0%
  

Best Performing Style

• Large-Cap Growth +1.0%

Worst Performing Style

• Small-Cap Value +.1%

Leading Sectors

• Video Gaming +3.8%

• Electric Vehicles +3.4%
• Gold & Silver +2.6%
  

• Pharma +2.1%
  

• Foods +2.1%
  

Lagging Sectors

• Banks -1.7%
  

• Road & Rail -1.7%
  

• Utilities -2.3%

• Airlines -2.4%
  

• REITs -2.4%
  

Weekly High-Volume Stock Gainers (7)

• ATVI, HCC, KRC, TALO, WAL, ISRG and ATRC
  

Weekly High-Volume Stock Losers (15)

• HRI, ASAI, CRH, HLT, URI, INCY, CHWY, LPLA, ZNTL, TRUP, BBIO, PDD, PTCT, GTLB and RILY
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change