Weekly Scoreboard*

S&P 500 5,121.6 -.1%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 38,681.1 +.1%

• NASDAQ 15,975.3 -.5%

• Russell 2000 2,039.8 -2.0%

• NYSE FANG+ 9,719.2 -.9% 
• Solactive Roundhill Meme Stock Index 441.9 -1.5%
  

• Goldman 50 Most Shorted 161.16 -3.1%

• Wilshire 5000 50,936.2 -.2%

• Russell 1000 Growth 3,320.0 -.1%

• Russell 1000 Value 1,707.9 -.1%

• S&P 500 Consumer Staples 799.7 +.5%

• Bloomberg Cyclicals/Defensives Pair Index 141.3 -.57%
  

• NYSE Technology 4,689.5 -1.7%

• Transports 15,515.2 -1.2%

• Utilities 850.3 -.52%

• Bloomberg European Bank/Financial Services 98.7 +2.4%
  

• MSCI Emerging Markets 40.8 -.15%

• Credit Suisse AllHedge Long/Short Equity Index 203.7 +.44%

• Credit Suisse AllHedge Equity Market Neutral Index 109.1 +.3%

Sentiment/Internals

• NYSE Cumulative A/D Line 490,320 -.15%
• Nasdaq/NYSE Volume Ratio 6.5 +21.3%

• Bloomberg New Highs-Lows Index 97 -1,569
  

• Crude Oil Commercial Bullish % Net Position -29.8 unch.

• CFTC Oil Net Speculative Position 238,51`2 +6.1%

• CFTC Oil Total Open Interest 1,642,519 -.99%

• Total Put/Call .77 -15.4%

• OEX Put/Call 1.37 -32.4%

• ISE Sentiment 133.0 -13.0 points
  

• NYSE Arms .84 -24.6%
  
• Bloomberg Global Risk-On/Risk-Off Index 68.1 +4.8%
• Bloomberg US Financial Conditions Index 1.15 +12.0 basis points
  
• Bloomberg European Financial Conditions Index 1.06 +7.0 basis points
  

• Volatility(VIX) 14.6 +1.1%
• DJIA Intraday % Swing .80 +66.7%

• CBOE S&P 500 3M Implied Correlation Index 13.2 -3.5%

• G7 Currency Volatility (VXY) 6.58 -4.8%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.12 -4.2%

• Smart Money Flow Index 16,137.0 +1.2%
• NAAIM Exposure Index  104.8 +10.8
  

• ICI Money Mkt Mutual Fund Assets $6.108 Trillion +.52%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$7.582 Million

• AAII % Bulls 45.9 -11.2%

• AAII % Bears 21.9 +.5%
• CNN Fear & Greed Index 70.0 (Greed) -1.0

Futures Spot Prices

• CRB Index 282.94 +2.3%

• Crude Oil 80.9/bbl. +4.1%

• Reformulated Gasoline 271.5 +7.8%

• Natural Gas 1.66 -8.5%
• Dutch TTF Nat Gas(European benchmark) 27.0 euros/megawatt-hour +1.7%
  

• Heating Oil 272.7 +3.7% 
• Newcastle Coal 130.3 (1,000/metric ton) -4.9%
  

• Gold 2,158.9 -.9%
• Silver 25.24 +3.8%
  

• S&P GSCI Industrial Metals Index 424.1 +2.2%

• Copper 412.4 +5.9%

• US No. 1 Heavy Melt Scrap Steel 379.0 USD/Metric Tonne unch.

• China Iron Ore Spot 99.8 USD/Metric Tonne -7.0%

• CME Lumber  603.0 -1.9%

• UBS-Bloomberg Agriculture 1,488.16 +1.8%
• US Gulf NOLA Potash Spot 317.50 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +2.3% -.2 percentage point
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 28.9% -.7 percentage point
  

• NY Fed Real-Time Weekly Economic Index 2.0 +1.0%

• US Economic Policy Uncertainty Index 74.5 -68.1%
• S&P 500 Current Quarter EPS Growth Rate YoY(499 of 500 reporting) +7.9% -.1 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 248.45 +.78:  Growth Rate +11.3% +.3 percentage point, P/E 20.7 -.1
  
• S&P 500 Current Year Estimated Profit Margin 12.82% unch.
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +55.2% unch.
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 316.81 +1.23: Growth Rate +31.9% +.6 percentage point, P/E 31.0 -.8
  

• Citi US Economic Surprise Index 24.6 -3.2 points

• Citi Eurozone Economic Surprise Index 51.1 -.3 point

• Citi Emerging Markets Economic Surprise Index 20.6 +6.3 points

• Fed Fund Futures imply 1.0%(-3.0 percentage point) chance of -25.0 basis point cut to 5.0-5.25%, 99.0%(+3.0 percentage point) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 3/20
  

• US Dollar Index 103.45 +.71%

• MSCI Emerging Markets Currency Index 1,737.5 +.07%
  

• Bitcoin/USD 69,290.0 -1.2%

• Euro/Yen Carry Return Index 175.94 +.96%
  

• Yield Curve(2s/10s) -42.0 -2.25 basis points
  

• 10-Year US Treasury Yield 4.30% +21.0 basis points
  

• Federal Reserve's Balance Sheet $7.505 Trillion +.04% 
• Federal Reserve's Discount Window Usage $2.344 Billion +18.5%
• Federal Reserve's Bank Term Funding Program $167.463 Billion +2.1%
  

• U.S. Sovereign Debt Credit Default Swap 38.7 +.12%
  

• Illinois Municipal Debt Credit Default Swap 185.48 -3.6%
  

• Italian/German 10Y Yld Spread 126.0 -6.0 basis points
  
• UK Sovereign Debt Credit Default Swap 29.0 +1.1%
  

• China Sovereign Debt Credit Default Swap 67.94 +3.2%
  

• Brazil Sovereign Debt Credit Default Swap 124.5 -4.1%
  

• Israel Sovereign Debt Credit Default Swap 115.58 -2.1%

• South Korea Sovereign Debt Credit Default Swap 34.0 +.92%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.6 -.3%
• China High-Yield Real Estate Total Return Index 89.6 +1.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.6% -20.0 basis points
  
• Zillow US All Homes Rent Index YoY +3.5% +10.0 basis points
  
• US Urban Consumers Food CPI YoY +2.2% -40.0 basis points
  
• CPI Core Services Ex-Shelter YoY +4.5% +10.0 basis points
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.78% +6.0 basis points: CPI YoY +3.33% +22.0 basis points
  
• 1-Year TIPS Spread 4.07% +18.0 basis points
  

• Treasury Repo 3M T-Bill Spread 8.25 basis points +.5 basis point
  
• 2-Year SOFR Swap Spread -10.75 -1.25 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -4.5 +.75 basis point
  

• N. America Investment Grade Credit Default Swap Index 49.9 unch.
  

• America Energy Sector High-Yield Credit Default Swap Index 133.0 -4.0% 
• Bloomberg TRACE # Distressed Bonds Traded 262.0 -24.0
  

• European Financial Sector Credit Default Swap Index 59.8 -1.2%
• Deutsche Bank Subordinated 5Y Credit Default Swap 180.27 -6.4%

• Emerging Markets Credit Default Swap Index 166.25 +1.2%
  

• MBS 5/10 Treasury Spread 150.0 +6.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 810.0 -15.0 basis points
  
• Avg. Auto ABS OAS .61 -2.0 basis points
  

• M2 Money Supply YoY % Change -2.0% unch.
  

• Commercial Paper Outstanding $1,293.2B +2.1%

• 4-Week Moving Average of Jobless Claims 208,000 -.24%
  

• Continuing Claims Unemployment Rate 1.2% -10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 52.5 -.1%
  

• Average 30-Year Fixed Home Mortgage Rate 7.09% -7.0 basis points
  

• Weekly Mortgage Applications 201,500 +7.1%

• Weekly Retail Sales +3.0% +20.0 basis points
  
• OpenTable US Seated Diners % Change YoY -4.0% +2.0 percentage points
  
• Box Office Weekly Gross $156.4M +57.0%
  

• Nationwide Gas $3.44/gallon +.04/gallon

• Baltic Dry Index 2,350.0 +.2%
• Drewry World Container Freight Index $3,161.8/40 ft Box -3.8%
  

• China (Export) Containerized Freight Index 1,278.3 -2.6%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 45.0 -5.3%
  
• Truckstop.com Market Demand Index 54.4 +10.2%

• Rail Freight Carloads 258,077 -1.8%
• TSA Total Traveler Throughput 2,568,760 +9.7%
  

Best Performing Style

• Large-Cap Value -.2%
  

Worst Performing Style

•  Small-Cap Value -2.3%

Leading Sectors

• Oil Service +5.0%

• Energy +4.5%
• Gold & Silver +2.5%
  

• Insurance +1.8%
  

• I-Banking +.7%
  

Lagging Sectors

• Steel -3.8%
  

• Telecom -3.9%
  

• Disk Drives -4.1%

• Digital Health -4.3%
  

• Alt Energy -7.1%
  

Weekly High-Volume Stock Gainers (10)

• CLDX, GCT, AVD, MDGL, CRGX, DESP, EH, CSGP, SCCO and ALTG
  

Weekly High-Volume Stock Losers (31)

• ABNB, FUTU, SLN, CCCS, INTU, PGY, TMDX, FMS, SLVM, FLEX, S, NOW, ABT, AVAV, NUVL, IOT, PD, NRIX, EURN, SANM, SMAR, DFH, SGML, ZIP, EXPI, HIBB, ZG, Z, ADBE, JBL and GRPN
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change