Weekly Scoreboard*

S&P 500 4,410.1 +1.1%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 34,271.5 +.45%

• NASDAQ 13,789.5 +2.3%

• Russell 2000 1,706.3 -3.0%

• NYSE FANG+ 7,990.6 +4.4% 
• Roundhill Meme Stock ETF 29.74 -4.4%
  

• Goldman 50 Most Shorted 119.5 -9.9%

• Wilshire 5000 43,706.4 +.77%

• Russell 1000 Growth 2,832.8 +2.76%

• Russell 1000 Value 1,477.4 -1.2%

• S&P 500 Consumer Staples 727.76 +.1%

• MSCI Cyclicals-Defensives Spread 1,291.59 +2.4%
  

• NYSE Technology 3,861.5 +3.8%

• Transports 14,438.9 -.76%

• Utilities 837.0 -2.7%

• Bloomberg European Bank/Financial Services 83.41 -.32%
  

• MSCI Emerging Markets 38.36 -.1%

• Credit Suisse AllHedge Long/Short Equity Index 187.19 +.39%

• Credit Suisse AllHedge Equity Market Neutral Index 105.41 +.57%

Sentiment/Internals

• NYSE Cumulative A/D Line 448,994 -.34%
• Nasdaq/NYSE Volume Ratio 8.9 +1.8

• Bloomberg New Highs-Lows Index -382 -201
  

• Crude Oil Commercial Bullish % Net Position -34.4 +9.9%

• CFTC Oil Net Speculative Position 262,258 -12.8%

• CFTC Oil Total Open Interest 1,671,255 +2.7%

• Total Put/Call .98 +3.3%

• OEX Put/Call 1.36 +18.2%

• ISE Sentiment 111.0 +2.0 points
  

• NYSE Arms 1.31 +6.6%
  
• Bloomberg Global Risk-On/Risk-Off Index 65.8 +1.4%
• Bloomberg US Financial Conditions Index .16 +21.0 basis points
  
• Bloomberg European Financial Conditions Index .24 -42.0 basis points
  

• Volatility(VIX) 14.4 -2.8%
• DJIA Intraday % Swing .95% +40.8%

• CBOE S&P 500 3M Implied Correlation Index 22.4 -10.6%

• G7 Currency Volatility (VXY) 7.55 -.53%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.75 -.77%

• Smart Money Flow Index 11,919.3 +1.90%
• NAAIM Exposure Index  61.8 +32.6
  

• ICI Money Mkt Mutual Fund Assets $5.712 Trillion +.3%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$4.935 Million

• AAII % Bulls 42.6 +75.3%

• AAII % Bears 27.2 -45.9%

Futures Spot Prices

• CRB Index 273.36 -3.0%

• Crude Oil 77.32/bbl. -4.6%

• Reformulated Gasoline 218.75 -.69%

• Natural Gas 3.03 -12.3%
• Dutch TTF Nat Gas(European benchmark) 46.6 euros/megawatt-hour -2.8%
  

• Heating Oil 274.9 -5.9% 
• Newcastle Coal 130.0 (1,000/metric ton) -3.6%
  

• Gold 1,936.1 -2.9%
• Silver 22.22 -4.2%
  

• S&P GSCI Industrial Metals Index 408.1 -.17%

• Copper 359.30 -2.1%

• US No. 1 Heavy Melt Scrap Steel 381.0 USD/Metric Tonne 2.4%

• China Iron Ore Spot 128.3 USD/Metric Tonne +3.6%

• CME Lumber  536.50 +2.2%

• UBS-Bloomberg Agriculture 1,588.45 -.88%
• US Gulf NOLA Potash Spot 340.0 USD/Short Ton -1.45%
  

Economy

• Atlanta Fed GDPNow 3Q Forecast +2.06% +.82 percentage point
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 24.5% -1.3 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.07 +13.1%

• US Economic Policy Uncertainty Index 236.06 +569.7%
• S&P 500 Current Quarter EPS Growth Rate YoY(458 of 500 reporting) +2.8% +.6 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 239.86 -.70:  Growth Rate +8.6% -.3 percentage point, P/E 18.1 +.1
  
• S&P 500 Current Year Estimated Profit Margin 12.12% -8.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +38.4% unch.
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 275.01 +1.59: Growth Rate +62.2% +.9 percentage point, P/E 28.8 +1.3
  

• Citi US Economic Surprise Index 51.2 -12.5 points

• Citi Eurozone Economic Surprise Index -47.9 -3.8 points

• Citi Emerging Markets Economic Surprise Index 24.3 -2.1 points

• Fed Fund Futures imply .00%(-.5 percentage point) chance of -25.0 basis point cut to 5.0-5.25%, 90.9%(-4.3 percentage points) chance of no change, 9.1%(+4.3 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 12/13
  

• US Dollar Index 105.8 +.7%

• MSCI Emerging Markets Currency Index 1,689.5 +.25%
  

• Bitcoin/USD 37,237.8 +7.7%

• Euro/Yen Carry Return Index 173.06 +1.11%
  

• Yield Curve(2s/10s) -43.75 -15.75 basis points
  

• 10-Year US Treasury Yield 4.63% +7.0 basis points
  

• Federal Reserve's Balance Sheet $7.825 Trillion -.08% 
• Federal Reserve's Discount Window Usage $2.371 Billion -24.2%
  

• U.S. Sovereign Debt Credit Default Swap 56.34 +6.5%
  

• Illinois Municipal Debt Credit Default Swap 202.71 +2.1%
  

• Italian/German 10Y Yld Spread 186.0 -1.0 basis point
  
• UK Sovereign Debt Credit Default Swap 32.94 +1.0%
  

• China Sovereign Debt Credit Default Swap 72.86 -.88%
  

• Brazil Sovereign Debt Credit Default Swap 165.46 +1.39%
  

• Israel Sovereign Debt Credit Default Swap 122.37 -13.6%

• South Korea Sovereign Debt Credit Default Swap 35.94 -6.6%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.85 +.08%
• China High-Yield Real Estate Total Return Index 71.8 +5.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.9% -10.0 basis points
  
• Zillow US All Homes Rent Index YoY +3.2% unch.
  
• US Urban Consumers Food CPI YoY +3.7% unch.
  
• CPI Core Services Ex-Shelter YoY +3.7% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.63% unch.: CPI YoY +3.28% unch.
  
• 10-Year TIPS Spread 2.34% -4.0 basis points
  

• TED Spread 23.25 -1.25 basis points
  
• 2-Year SOFR Swap Spread -17.25 -4.0 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -17.5 +2.5 basis points
  

• N. America Investment Grade Credit Default Swap Index 68.57 -3.1%
  

• America Energy Sector High-Yield Credit Default Swap Index 180.0 +5.2% 
• Bloomberg TRACE # Distressed Bonds Traded 350.0 -41.0
  

• European Financial Sector Credit Default Swap Index 87.21 -5.3%
• Deutsche Bank Subordinated 5Y Credit Default Swap 273.07 +4.7%

• Emerging Markets Credit Default Swap Index 211.72 +2.4%
  

• MBS 5/10 Treasury Spread 170.0 unch.
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 910.0 -13.0 basis points
• Avg. Auto ABS OAS .98 +1.0 basis point
  

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

• Commercial Paper Outstanding 1,240.90 +1.9%

• 4-Week Moving Average of Jobless Claims 212,250 +.71%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.58 -.88%
  

• Average 30-Year Fixed Home Mortgage Rate 7.87% -7.0 basis points
  

• Weekly Mortgage Applications 165,900 +2.5%

• Weekly Retail Sales +3.1% -160.0 basis points
  
• OpenTable US Seated Diners % Change YoY -3.0% +100.0 basis points
  
• Box Office Weekly Gross $120.1M -8.7%
  

• Nationwide Gas $3.44/gallon -.08/gallon

• Baltic Dry Index 1,598.0 +9.3%

• China (Export) Containerized Freight Index 1002.47 +5.0%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.50 unch.
• Truckstop.com Market Demand Index 39.4 +11.1%

• Rail Freight Carloads 260,342 -4.2%
• TSA Total Traveler Throughput 2,202,871 -12.0%
  

Best Performing Style

• Large-Cap Growth +2.8%
  

Worst Performing Style

• Small-Cap Value -3.7%

Leading Sectors

• Software +4.3%

• Disk Drives +4.1%
• Semis +4.0%
  

• Video Gaming +3.1%
  

• Computer Hardware +2.4%
  

Lagging Sectors

• Regional Banks -5.0%
  

• Oil Service -5.3%
  

• Digital Health -6.2%

• Gold & Silver -7.8%
  

• Alt Energy -8.7%
  

Weekly High-Volume Stock Gainers (49)

• DOCS, GDHG, SYNA, TARS, CBAY, FORM, PAR, LNW, APP, PLTR, CAMT, RGNX, DV, HOLX, EYE, BMBL, DUOL, TSM, RXST, CERT, YOU, PD, YOU, CECO, ALTG, CPRT, AVGO, QRVO, VRRM, CLDX, CCCS, UPWK, AMD, TWLO, RGA, USFD, METC, CTRE, BUR, PDFS, VNOM, MSTR, CRSP, MNDY and HUBS
  

Weekly High-Volume Stock Losers (23)

• CP, MODG, AXSM, DNLI, OR, NBIX, NTLA, LMND, TH, BEW, IRDM, WYNN, ELF, TKO, FLO, ILMN, RBA, ESTA, AFRM, DEO, RILY, MODN and TTD
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change