Friday, March 31, 2023

Weekly Scoreboard*

 

S&P 500 4,088.4 +3.0%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 33,178.3 +2.7%
  • NASDAQ 12,186.6 +2.9%
  • Russell 2000 1,792.2 +3.44%
  • NYSE FANG+ 6,152.0 +3.5% 
  • Roundhill Meme Stock ETF 6.46 +5.5%
  • Goldman 50 Most Shorted 139.8 +4.7%
  • Wilshire 5000 41,000.3 +3.1%
  • Russell 1000 Growth 2,448.7 +2.8%
  • Russell 1000 Value 1,495.50 +3.5%
  • S&P 500 Consumer Staples 778.37 +2.1%
  • MSCI Cyclicals-Defensives Spread 1,127.1 +.32%
  • NYSE Technology 3,181.08 +4.1%
  • Transports 14,338.0 +4.4%
  • Utilities 935.29 +2.6%
  • Bloomberg European Bank/Financial Services 78.4 +5.7%
  • MSCI Emerging Markets 39.39 +1.7%
  • HFRX Equity Hedge 1,454.53 +.45%
  • HFRX Equity Market Neutral 924.97 +.16%
Sentiment/Internals
  • NYSE Cumulative A/D Line 453,267 +1.6%
  • Nasdaq/NYSE Volume Ratio 9.7 +61.7%
  • Bloomberg New Highs-Lows Index -17 +443
  • Crude Oil Commercial Bullish % Net Position -19.9 +22.5%
  • CFTC Oil Net Speculative Position 154,341 -12.4%
  • CFTC Oil Total Open Interest 1,791,902 +1.4%
  • Total Put/Call .98 -10.1%
  • OEX Put/Call 1.38 +19.4%
  • ISE Sentiment 84.0 +3.0 points
  • NYSE Arms 1.28 +46.8%
  • Bloomberg Global Risk-On/Risk-Off Index 53.7 +15.2%
  • Bloomberg US Financial Conditions Index -.39.0 +45.0 basis points
  • Bloomberg European Financial Conditions Index -4.03 +62.0 basis points
  • Volatility(VIX) 18.7 -14.1%
  • DJIA Intraday % Swing .82% -30.5%
  • CBOE S&P 500 Implied Correlation Index 34.1 -9.1%
  • G7 Currency Volatility (VXY) 10.0 -5.9%
  • Emerging Markets Currency Volatility (EM-VXY) 12.0 +.3%
  • Smart Money Flow Index 12,793.5 +.79%
  • NAAIM Exposure Index  65.2 +12.0
  • ICI Money Mkt Mutual Fund Assets $5.198 Trillion +1.3%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$3.885 Million
  • AAII % Bulls 22.5 +7.7%
  • AAII % Bears 45.6 -6.8%
Futures Spot Prices
  • CRB Index 264.38 +2.3%
  • Crude Oil 75.5/bbl. +9.3%
  • Reformulated Gasoline 270.0 +4.6%
  • Natural Gas 2.21 +2.0%
  • Dutch TTF Nat Gas(European benchmark) 47.8 euros/megawatt-hour +15.6%
  • Heating Oil 267.97 -1.3% 
  • Newcastle Coal 187.50 (1,000/metric ton) +2.5%
  • Gold 1,970.56 -.43%
  • Silver 24.0 +3.4%
  • S&P GSCI Industrial Metals Index 449.85 +1.05%
  • Copper 408.3 +.27%
  • US No. 1 Heavy Melt Scrap Steel 455.0 USD/Metric Tonne +.44%
  • China Iron Ore Spot 123.6 USD/Metric Tonne +4.0%
  • Lumber  372.0 -10.0%
  • UBS-Bloomberg Agriculture 1,563.26 +3.7%
  • US Gulf NOLA Potash Spot 365.0 USD/Short Ton unch.
Economy
  • Atlanta Fed GDPNow 1Q Forecast +3.19% +1.0 basis point
  • NY Fed Real-Time Weekly Economic Index 1.47 +37.4%
  • US Economic Policy Uncertainty Index 81.3 -35.2%
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 226.02 -.21:  Growth Rate +1.7% unch., P/E 17.9 +.4 
  • S&P 500 Current Year Estimated Profit Margin 12.30% -4.0 basis points
  • Citi US Economic Surprise Index 57.0 -4.2 points
  • Citi Eurozone Economic Surprise Index 50.0 -2.6 points
  • Citi Emerging Markets Economic Surprise Index 26.5 +6.3 points
  • Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 4.5-4.75%, 46.8%(-36.4 percentage points) chance of no change, 53.2%(+36.4 percentage points) chance of +25.0 basis point hike to 5.0-5.25% on 5/3
  • US Dollar Index 102.40 -.64%
  • MSCI Emerging Markets Currency Index 1,689.2 +.24%
  • Bitcoin/USD 28,450.7 +2.3%
  • Euro/Yen Carry Return Index 150.53 +2.7%
  • Yield Curve(2s/10s) -59.0 -19.0 basis points
  • 10-Year US Treasury Yield 3.50% +14.0 basis points
  • Federal Reserve's Balance Sheet $8.669 Trillion -.32%
  • U.S. Sovereign Debt Credit Default Swap 45.7 +2.3%
  • Illinois Municipal Debt Credit Default Swap 174.13 -5.1%
  • Italian/German 10Y Yld Spread 181.0 -8.0 basis points
  • UK Sovereign Debt Credit Default Swap 28.3 -3.6%
  • China Sovereign Debt Credit Default Swap 73.8 -13.5%
  • Brazil Sovereign Debt Credit Default Swap 228.4 -8.1%
  • Israel Sovereign Debt Credit Default Swap 58.46 -5.7%
  • South Korea Sovereign Debt Credit Default Swap 43.50 +.13%
  • China Corp. High-Yield Bond USD ETF(KHYB) 26.69 -.04%
  • 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 +4.60% -13.0 basis points: CPI YoY +5.22% unch.
  • 10-Year TIPS Spread 2.35% +12.0 basis points
  • TED Spread 43.75 -9.75 basis points
  • 2-Year Swap Spread 33.25 +1.25 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -18.25 +7.0 basis points
  • N. America Investment Grade Credit Default Swap Index 76.03 -11.2%
  • America Energy Sector High-Yield Credit Default Swap Index 248.0 -11.7
  • Bloomberg TRACE # Distressed Bonds Traded 455.0 +6.0
  • European Financial Sector Credit Default Swap Index 100.42 -15.4%
  • Deutsche Bank Subordinated 5Y Credit Default Swap 424.7 -16.0%
  • Emerging Markets Credit Default Swap Index 229.71 -9.7%
  • MBS 5/10 Treasury Spread 154.0 -5.0 basis points
  • Bloomberg CMBS Investment Grade Bbb Average OAS73.0 +17.0 basis points
  • Avg. Auto ABS OAS .92 +2.0 basis points
  • M2 Money Supply YoY % Change -2.4% -70.0 basis points
  • Commercial Paper Outstanding 1,137.50 +1.7%
  • 4-Week Moving Average of Jobless Claims 198,250 +1.0%
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Kastle Back-to-Work Barometer(entries in secured buildings) 48.5 +2.4%
  • Average 30-Year Fixed Home Mortgage Rate 6.84% +5.0 basis points
  • Weekly Mortgage Applications 227,300 +2.9%
  • Weekly Retail Sales +2.9% unch.
  • OpenTable US Seated Diners % Change from 2019 +129.5% n/a
  • Box Office Weekly Gross $131.3M -14.0%
  • Nationwide Gas $3.50/gallon +.06/gallon
  • Baltic Dry Index 1,403.0 -5.8%
  • China (Export) Containerized Freight Index 958.4 -1.9%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 57.5 -4.2%
  • Truckstop.com Market Demand Index 44.60 -4.4%
  • Rail Freight Carloads 233,432 +3.3%
  • TSA Total Traveler Throughput 2,462,648 +11.5%
Best Performing Style
  • Mid-Cap Value +4.3%
Worst Performing Style
  • Large-Cap Growth +2.4%
Leading Sectors
  • Alt Energy +9.8%
  • Airlines +9.5%
  • Oil Service +8.7%
  • Gambling +7.0%
  • Energy +6.6%
Lagging Sectors
  • Social Media +.9%
  • Healthcare Providers +.8%
  • Digital Health +.4%
  • Regional Banks +.3%
  • Shipping -1.3%
Weekly High-Volume Stock Gainers (23)
  • AI, PACB, ARCT, FLNC, BRZE, PGTI, UPST, RUN, PATH, DUOL, ENVX, DWAC, ROKU, DOCN, LMND, HCP, EVA, QTRX, INFA and MSTR
Weekly High-Volume Stock Losers (4)
  • SMTC, RNA, TH and AEHR
ETFs
Stocks
*5-Day Change

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