Weekly Scoreboard*

S&P 500 4,783.8 +1.8%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 37,593.0 +.34%

• NASDAQ 14,972.8 +3.1%

• Russell 2000 1,951.45 -.06%

• NYSE FANG+ 8,755.7 +4.0% 
• Solactive Roundhill Meme Stock Index 372.3 -7.7%
  

• Goldman 50 Most Shorted 148.4 -3.9%

• Wilshire 5000 47,729.9 +1.7%

• Russell 1000 Growth 3,071.5 +3.7%

• Russell 1000 Value 1,615.8 -.2%

• S&P 500 Consumer Staples 770.3 +1.0%

• Bloomberg Cyclicals/Defensives Pair Index 136.8 -.75%
  

• NYSE Technology 4,301.7 +4.0%

• Transports 15,549.0 -.29%

• Utilities 884.4 -1.4%

• Bloomberg European Bank/Financial Services 90.9 -2.3%
  

• MSCI Emerging Markets 39.27 -.43%

• Credit Suisse AllHedge Long/Short Equity Index 194.78 +.58%

• Credit Suisse AllHedge Equity Market Neutral Index 107.42 +.07%

Sentiment/Internals

• NYSE Cumulative A/D Line 474,623 +.22%
• Nasdaq/NYSE Volume Ratio 10.3 +1.3%

• Bloomberg New Highs-Lows Index 246 +191
  

• Crude Oil Commercial Bullish % Net Position -22.6 +12.0%

• CFTC Oil Net Speculative Position 163,729 -17.8%

• CFTC Oil Total Open Interest 1,586,914 +2.1%

• Total Put/Call .88 -33.0%

• OEX Put/Call .90 unch.

• ISE Sentiment 110.0 -32.0 points
  

• NYSE Arms 1.56 +113.9%
  
• Bloomberg Global Risk-On/Risk-Off Index 58.4 +.5%
• Bloomberg US Financial Conditions Index .96 +10.0 basis points
  
• Bloomberg European Financial Conditions Index .56 +16.0 basis points
  

• Volatility(VIX) 12.5 -6.4%
• DJIA Intraday % Swing .94 +17.6%

• CBOE S&P 500 3M Implied Correlation Index 18.2 -11.6%

• G7 Currency Volatility (VXY) 7.70 -4.7%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.45 -5.9%

• Smart Money Flow Index 14,595.7 +2.1%
• NAAIM Exposure Index  80.2 +9.2
  

• ICI Money Mkt Mutual Fund Assets $5.975 Trillion +.17%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$10.746 Million

• AAII % Bulls 48.6 unch.

• AAII % Bears 24.2 +3.0%
• CNN Fear & Greed Index 71.0 (Greed) -2.0

Futures Spot Prices

• CRB Index 264.38 -.7%

• Crude Oil 72.76/bbl. -1.5%

• Reformulated Gasoline 212.30 +1.18%

• Natural Gas 3.34 +15.3%
• Dutch TTF Nat Gas(European benchmark) 31.99 euros/megawatt-hour -7.4%
  

• Heating Oil 267.53 +1.94% 
• Newcastle Coal 127.5 (1,000/metric ton) -1.3%
  

• Gold 2,047.02 +.15%
• Silver 23.15 +.04%
  

• S&P GSCI Industrial Metals Index 407.1 -1.0%

• Copper 374.05 -1.5%

• US No. 1 Heavy Melt Scrap Steel 417.0 USD/Metric Tonne -.24%

• China Iron Ore Spot 129.0 USD/Metric Tonne -6.4%

• CME Lumber  557.0 -3.3%

• UBS-Bloomberg Agriculture 1,474.8 -.87%
• US Gulf NOLA Potash Spot 322.50 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 4Q Forecast +2.21% -30.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 34.0% +2.1 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.94 +53.9%

• US Economic Policy Uncertainty Index 66.3 -55.1%
• S&P 500 Current Quarter EPS Growth Rate YoY(29 of 500 reporting) -7.2% -16.3 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 243.52 +.04:  Growth Rate +11.9% unch., P/E 19.6 +.3
  
• S&P 500 Current Year Estimated Profit Margin 12.04% unch.
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) +n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 290.84 +.81: Growth Rate +36.3% +.3 percentage point, P/E 30.1 +1.2
  

• Citi US Economic Surprise Index 7.5 +1.4 points

• Citi Eurozone Economic Surprise Index -14.8 +16.5 points

• Citi Emerging Markets Economic Surprise Index 9.9 -5.6 points

• Fed Fund Futures imply 6.7%(+.5 percentage point) chance of -25.0 basis point cut to 5.0-5.25%, 93.3%(-.5 percentage point) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 1/31
  

• US Dollar Index 102.41 -.08%

• MSCI Emerging Markets Currency Index 1,728.42 +.01%
  

• Bitcoin/USD 43,662.8 -1.7%

• Euro/Yen Carry Return Index 170.82 +.41%
  

• Yield Curve(2s/10s) -18.5 +16.75 basis points
  

• 10-Year US Treasury Yield 3.95% -8.0 basis points
  

• Federal Reserve's Balance Sheet $7.650 Trillion +.08% 
• Federal Reserve's Discount Window Usage $2.072 Billion -31.1%
• Federal Reserve's Bank Term Funding Program $147.175 Billion +4.2%
  

• U.S. Sovereign Debt Credit Default Swap 45.23 -3.8%
  

• Illinois Municipal Debt Credit Default Swap 179.86 -.9%
  

• Italian/German 10Y Yld Spread 155.0 -15.0 basis points
  
• UK Sovereign Debt Credit Default Swap 36.06 -9.9%
  

• China Sovereign Debt Credit Default Swap 62.62 -4.3%
  

• Brazil Sovereign Debt Credit Default Swap 128.4 -9.2%
  

• Israel Sovereign Debt Credit Default Swap 120.0 +6.4%

• South Korea Sovereign Debt Credit Default Swap 27.9 +.01%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.46 +.91%
• China High-Yield Real Estate Total Return Index 85.59 +2.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.0% -10.0 basis points
  
• Zillow US All Homes Rent Index YoY +3.3% unch.
  
• US Urban Consumers Food CPI YoY +2.7% -30.0 basis points
  
• CPI Core Services Ex-Shelter YoY +4.1% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.02% unch.: CPI YoY +2.97% -35.0 basis points
  
• 10-Year TIPS Spread 2.28% +5.0 basis points
  

• TED Spread 22.0 n/a
  
• 2-Year SOFR Swap Spread -16.5 +.25 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -4.5 unch.
  

• N. America Investment Grade Credit Default Swap Index 54.9 -8.2%
  

• America Energy Sector High-Yield Credit Default Swap Index 156.0 -6.4% 
• Bloomberg TRACE # Distressed Bonds Traded 349.0 +52.0
  

• European Financial Sector Credit Default Swap Index 70.63 -3.7%
• Deutsche Bank Subordinated 5Y Credit Default Swap 211.56 -5.4%

• Emerging Markets Credit Default Swap Index 174.2 -4.0%
  

• MBS 5/10 Treasury Spread 139.0 -10.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 958.0 -8.0 basis points
  
• Avg. Auto ABS OAS .75 unch.
  

• M2 Money Supply YoY % Change -3.0% unch.
  

• Commercial Paper Outstanding $1,230.6B +1.3%

• 4-Week Moving Average of Jobless Claims 207,750 unch.
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 32.6 +36.3%
  

• Average 30-Year Fixed Home Mortgage Rate 7.02% +7.0 basis points
  

• Weekly Mortgage Applications 190,600 +9.9%

• Weekly Retail Sales +5.90% +200.0 basis points
  
• OpenTable US Seated Diners % Change YoY -11.0% -13.0 percentage points
  
• Box Office Weekly Gross $117.4M n/a
  

• Nationwide Gas $3.07/gallon -.02/gallon

• Baltic Dry Index 1,540.0 -26.4%
• Drewry World Container Freight Index $3,072.4/40 ft Box +15.1%
  

• China (Export) Containerized Freight Index 1,140.31 +21.7%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 45.0 +20.0%
• Truckstop.com Market Demand Index 52.1 +45.5%

• Rail Freight Carloads 209,081 +10.8%
• TSA Total Traveler Throughput 2,284,892 +.39%
  

Best Performing Style

• Large-Cap Growth +3.7%
  

Worst Performing Style

• Small-Cap Value -.4%

Leading Sectors

• Cyber Security +7.5%

• AI/Robotics +7.5%
• Software +5.3%
  

• Medical Equipment +3.6%
  

• Homebuilding +3.4%
  

Lagging Sectors

• Banks -2.7%
  

• Steel -2.7%
  

• Airlines -3.9%

• Oil Service -4.7%
  

• Alt Energy -6.6%
  

Weekly High-Volume Stock Gainers (18)

• NLOP, EWTX, CCJ, BRZE, GFI, IDYA, ACMR, DOCU, MELI, INFY, S, TNP, CTSH, INTA, BK, TNP, UTI and CHK
  

Weekly High-Volume Stock Losers (14)

• WFC, HUM, UNH, QTRX, AEHR, BIDU, COIN, DAL, AAL, RIOT, MSTR, UAL, HUNT and MARA
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change