Weekly Scoreboard*

 

S&P 500 4,366.6 -2.3%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 34,534.7 -2.3%

• NASDAQ 13,316.4 -2.6%

• Russell 2000 1,861.5 -3.3%

• NYSE FANG+ 7,302.5 -3.2% 
• Roundhill Meme Stock ETF 34.7 -8.2%
  

• Goldman 50 Most Shorted 150.70 -7.4%

• Wilshire 5000 43,701.5 -2.3%

• Russell 1000 Growth 2,694.2 -2.1%

• Russell 1000 Value 1,541.94 -2.6%

• S&P 500 Consumer Staples 766.49 -2.5%

• MSCI Cyclicals-Defensives Spread 1,218.86 -.18%
  

• NYSE Technology 3,557.7 -2.3%

• Transports 15,710.0 -3.1%

• Utilities 878.60 -1.8%

• Bloomberg European Bank/Financial Services 83.60 -2.1%
  

• MSCI Emerging Markets 38.5 -2.9%

• Credit Suisse AllHedge Long/Short Equity Index 194.25 +.72%

• Credit Suisse AllHedge Equity Market Neutral Index 103.3 -.16%

Sentiment/Internals

• NYSE Cumulative A/D Line 460,161 -1.6%
• Nasdaq/NYSE Volume Ratio 8.0 -19.2%

• Bloomberg New Highs-Lows Index -551 -452
  

• Crude Oil Commercial Bullish % Net Position -30.6 -4.1%

• CFTC Oil Net Speculative Position 255,928 +5.8%

• CFTC Oil Total Open Interest 1,703,711 -2.8%

• Total Put/Call 1.18 +13.9%

• OEX Put/Call 1.13 -16.4%

• ISE Sentiment 87.0 -20.0 points
  

• NYSE Arms 1.02 +24.7%
  
• Bloomberg Global Risk-On/Risk-Off Index 68.9 -3.8%
• Bloomberg US Financial Conditions Index .22 -17.0 basis points
  
• Bloomberg European Financial Conditions Index -.09 -1.0 basis point
  

• Volatility(VIX) 17.4 +19.0%
• DJIA Intraday % Swing .83% -.01%

• CBOE S&P 500 3M Implied Correlation Index 25.1 +18.7%

• G7 Currency Volatility (VXY) 8.42 +5.3%
  

• Emerging Markets Currency Volatility (EM-VXY) 9.16 +2.1%

• Smart Money Flow Index 12,865.7 -4.8%
• NAAIM Exposure Index  59.9 -5.6
  

• ICI Money Mkt Mutual Fund Assets $5.570 Trillion +.72%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$9.974 Million

• AAII % Bulls 35.9 -19.7%

• AAII % Bears 30.1 +18.0%

Futures Spot Prices

• CRB Index 274.39 -1.9%

• Crude Oil 81.3/bbl. -1.8%

• Reformulated Gasoline 281.94 -3.6%

• Natural Gas 2.55 -8.4%
• Dutch TTF Nat Gas(European benchmark) 36.4 euros/megawatt-hour +1.4%
  

• Heating Oil 315.81 +1.74% 
• Newcastle Coal 160.0 (1,000/metric ton) +3.9%
  

• Gold 1,889.27 -1.4%
• Silver 22.75 +.03%
  

• S&P GSCI Industrial Metals Index 404.75 -.95%

• Copper 370.80 -.50%

• US No. 1 Heavy Melt Scrap Steel 366.0 USD/Metric Tonne +2.0%

• China Iron Ore Spot 104.9 USD/Metric Tonne +4.9%

• CME Lumber  532.50 +6.7%

• UBS-Bloomberg Agriculture 1,578.42 +.19%
• US Gulf NOLA Potash Spot 322.5 USD/Short Ton +1.3%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +5.76% +164.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 26.8% -.8 percentage point
  

• NY Fed Real-Time Weekly Economic Index 1.12 -12.5%

• US Economic Policy Uncertainty Index 89.33 +29.7%
• S&P 500 Current Quarter EPS Growth Rate YoY(471 of 500 reporting) -7.5% +.8 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 234.92 +.83:  Growth Rate +7.1% +.1 percentage point, P/E 18.6 -.5
  
• S&P 500 Current Year Estimated Profit Margin 12.14% unch.
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(8 of 10 reporting) +17.0% n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 233.53 +1.99: Growth Rate +42.3% +1.2 percentage points, P/E 31.4 -1.5
  

• Citi US Economic Surprise Index 77.6 +3.9 points

• Citi Eurozone Economic Surprise Index -62.9 +20.4 points

• Citi Emerging Markets Economic Surprise Index 4.3 +1.6 points

• Fed Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 90.5%(+.5 percentage point) chance of no change, 9.5%(-.5 percentage point) chance of +25.0 basis point hike to 5.5-5.75% on 9/20
  

• US Dollar Index 103.3 +.49%

• MSCI Emerging Markets Currency Index 1,664.99 -.75%
  

• Bitcoin/USD 25,947.8 -11.9%

• Euro/Yen Carry Return Index 167.13 -.52%
  

• Yield Curve(2s/10s) -67.5 +6.0 basis points
  

• 10-Year US Treasury Yield 4.25% +9.0 basis points
  

• Federal Reserve's Balance Sheet $8.109 Trillion -.76% 
• Federal Reserve's Discount Window Usage $1.831 Billion -14.1%
  

• U.S. Sovereign Debt Credit Default Swap 45.8 +15.9%
  

• Illinois Municipal Debt Credit Default Swap 189.6 +6.8%
  

• Italian/German 10Y Yld Spread 171.0 +8.0 basis points
  
• UK Sovereign Debt Credit Default Swap 29.1 +1.2%
  

• China Sovereign Debt Credit Default Swap 84.69 +35.9%
  

• Brazil Sovereign Debt Credit Default Swap 189.9 +10.5%
  

• Israel Sovereign Debt Credit Default Swap 55.8 -.50%

• South Korea Sovereign Debt Credit Default Swap 34.69 +20.1%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.7 -2.35%
• China High-Yield Real Estate Total Return Index 74.01 -4.2%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.0% unch.
  
• Zillow US All Homes Rent Index YoY +3.6% -.5 percentage point
  
• US Urban Consumers Food CPI YoY +4.9% unch.
  
• CPI Core Services Ex-Shelter YoY +4.0% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.2% unch.: CPI YoY +3.8% unch.
  
• 10-Year TIPS Spread 2.32% -5.0 basis points
  

• TED Spread 20.75 -.25 basis point
  
• 2-Year SOFR Swap Spread -11.25 -.25 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -12.25 -1.5 basis points

• N. America Investment Grade Credit Default Swap Index 70.89 +7.2%
  

• America Energy Sector High-Yield Credit Default Swap Index 192.0 +1.24% 
• Bloomberg TRACE # Distressed Bonds Traded 367.0 +14.0
  

• European Financial Sector Credit Default Swap Index 88.19 +8.5%
• Deutsche Bank Subordinated 5Y Credit Default Swap 244.7 -1.7%

• Emerging Markets Credit Default Swap Index 222.19 +10.1%
  

• MBS 5/10 Treasury Spread 181.0 +7.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 745.0 -1.0 basis point
• Avg. Auto ABS OAS .69 +1.0 basis point
  

• M2 Money Supply YoY % Change -3.6% unch.
  

• Commercial Paper Outstanding 1,166.3 -.5%

• 4-Week Moving Average of Jobless Claims 234,250 +1.2%
  

• Continuing Claims Unemployment Rate 1.2% +10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 47.3 -2.7%
  

• Average 30-Year Fixed Home Mortgage Rate 7.60% +14.0 basis points
  

• Weekly Mortgage Applications 193,000 -.77%

• Weekly Retail Sales +.5% +70.0 basis points
  
• OpenTable US Seated Diners % Change YoY -4.0% unch.
  
• Box Office Weekly Gross YoY $95.6M -18.0%
  

• Nationwide Gas $3.87/gallon +.03/gallon

• Baltic Dry Index 1,247.0 +10.5%

• China (Export) Containerized Freight Index 889.5 +1.7%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.5 -8.3%
• Truckstop.com Market Demand Index 36.5 -7.3%

• Rail Freight Carloads 248,086 -.66%
• TSA Total Traveler Throughput 2,591,257 +11.6%
  

Best Performing Style

• Large-Cap Growth -2.1%
  

Worst Performing Style

• Small-Cap Value -3.6%

Leading Sectors

• Shipping unch.

• Pharma -.24%
• Insurance -.82%
  

• Steel -1.0%
  

• I-Banking -1.2%
  

Lagging Sectors

• Airlines -5.5%
  

• Gold & Silver -6.3%
  

• Regional Banks -6.3%

• Digital Health -6.9%
  

• Alt Energy -7.3%
  

Weekly High-Volume Stock Gainers (7)

• DLB, BILL, BLMN, ROST, LYTS, MRCY and GNRC
  

Weekly High-Volume Stock Losers (12)

• EL, WOLF, BZH, DE, JD, HSAI, BILI, DOLE, VIPS, ATAT, EH and KEYS
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change