Weekly Scoreboard*

S&P 500 5,197.8 -1.2%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 38,895.4 -2.3%

• NASDAQ 16,234.3 -.93%

• Russell 2000 2,063.9 -2.9%

• NYSE FANG+ 10,027.6 +.2% 
• Solactive Roundhill Meme Stock Index 415.8 -7.3%
  

• Goldman 50 Most Shorted 160.5 -5.2%

• Wilshire 5000 51,775.7 -1.2%

• Russell 1000 Growth 3,368.1 -.9%

• Russell 1000 Value 1,740.1 -1.6%

• S&P 500 Consumer Staples 792.0 -2.8%

• Bloomberg Cyclicals/Defensives Pair Index 143.9 +.6%
  

• NYSE Technology 4,771.6 -.7%

• Transports 15,906.7 -1.9%

• Utilities 868.4 -1.6%

• Bloomberg European Bank/Financial Services 103.4 +1.6%
  

• MSCI Emerging Markets 41.3 +.5%

• Credit Suisse AllHedge Long/Short Equity Index 207.9 -.21%

• Credit Suisse AllHedge Equity Market Neutral Index 108.6 -.73%

Sentiment/Internals

• NYSE Cumulative A/D Line 494,526 -.66%
• Nasdaq/NYSE Volume Ratio 9.0 -4.3%

• Bloomberg New Highs-Lows Index 556 -357
  

• Crude Oil Commercial Bullish % Net Position -34.8 +1.1%

• CFTC Oil Net Speculative Position 278,027 +.1%

• CFTC Oil Total Open Interest 1,775,565 +3.6%

• Total Put/Call 1.20 -5.7%

• OEX Put/Call 1.71 -13.3%

• ISE Sentiment 125.0 -2.0 points
  

• NYSE Arms .93 +22.8%
  
• Bloomberg Global Risk-On/Risk-Off Index 67.2 unch.
• Bloomberg US Financial Conditions Index .91 -21.0 basis points
  
• Bloomberg European Financial Conditions Index 1.0 unch.
  

• Volatility(VIX) 16.6 +28.1%
• DJIA Intraday % Swing 1.13 +242.4%

• CBOE S&P 500 3M Implied Correlation Index 18.4 +37.5%

• G7 Currency Volatility (VXY) 6.73 +2.0%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.62 +2.5%

• Smart Money Flow Index 16,514.4 +2.0%
• NAAIM Exposure Index  84.2 -19.7
  

• ICI Money Mkt Mutual Fund Assets $6.111 Trillion +1.2%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$6.039 Million

• AAII % Bulls 47.3 -5.4%

• AAII % Bears 22.2 -.9%
• CNN Fear & Greed Index 62.0 (Greed) -8.0

Futures Spot Prices

• CRB Index 296.3 +2.1%

• Crude Oil 86.8/bbl. +5.1%

• Reformulated Gasoline 278.0 +3.2%

• Natural Gas 1.78 +2.8%
• Dutch TTF Nat Gas(European benchmark) 26.6 euros/megawatt-hour -3.7%
  

• Heating Oil 276.0 +6.4% 
• Newcastle Coal 128.9 (1,000/metric ton) -1.6%
  

• Gold 2,325.2 +4.4%
• Silver 27.4 +9.9%
  

• S&P GSCI Industrial Metals Index 445.6 +5.3%

• Copper 423.7 +5.6%

• US No. 1 Heavy Melt Scrap Steel 380.0 USD/Metric Tonne -.5%

• China Iron Ore Spot 97.7 USD/Metric Tonne -4.0%

• CME Lumber  572.5 -2.3%

• UBS-Bloomberg Agriculture 1,518.3 +.7%
• US Gulf NOLA Potash Spot 312.50 USD/Short Ton unch.
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +2.5% +40.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 27.0% -1.6 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.0 +22.4%

• US Economic Policy Uncertainty Index 86.9 +72.2%
• S&P 500 Current Quarter EPS Growth Rate YoY(19 of 500 reporting) +39.5% -4.1 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 250.09 +.86:  Growth Rate +12.4% +.3 percentage point, P/E 20.5 -.5
  
• S&P 500 Current Year Estimated Profit Margin 12.84% unch.
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 311.89 +.29: Growth Rate +29.8% +.1 percentage point, P/E 31.7 -.5
  

• Citi US Economic Surprise Index 41.2 +7.7 points

• Citi Eurozone Economic Surprise Index 36.6 -6.2 points

• Citi Emerging Markets Economic Surprise Index 26.8 +5.7 points

• Fed Fund Futures imply 1.9%(-7.4 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 98.1%(+7.4 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 5/1
  

• US Dollar Index 104.3 -.2%

• MSCI Emerging Markets Currency Index 1,725.8 +.09%
  

• Bitcoin/USD 67,617.1 -4.5%

• Euro/Yen Carry Return Index 178.4 +.64%
  

• Yield Curve(2s/10s) -35.25 +7.25 basis points
  

• 10-Year US Treasury Yield 4.37% +17.0 basis points
  

• Federal Reserve's Balance Sheet $7.403 Trillion -.6%
  
• Federal Reserve's Discount Window Usage $6.105 Billion+.3%
• Federal Reserve's Bank Term Funding Program $130.462 Billion -1.8%
  

• U.S. Sovereign Debt Credit Default Swap 39.0 -2.0%
  

• Illinois Municipal Debt Credit Default Swap 191.7 +1.4%
  

• Italian/German 10Y Yld Spread 142.0 +4.0 basis points
  
• UK Sovereign Debt Credit Default Swap 28.0 +2.3%
  

• China Sovereign Debt Credit Default Swap 73.6 +5.2%
  

• Brazil Sovereign Debt Credit Default Swap 148.1 +7.3%
  

• Israel Sovereign Debt Credit Default Swap 130.0 +10.5%

• South Korea Sovereign Debt Credit Default Swap 38.9 +2.0%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.7 unch.
• China High-Yield Real Estate Total Return Index 90.9 +1.2%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.6% unch.
  
• Zillow US All Homes Rent Index YoY +3.5% unch.
• US Urban Consumers Food CPI YoY +2.2% unch.
  
• CPI Core Services Ex-Shelter YoY +4.5% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.67% -11.0 basis points: CPI YoY +3.41% unch.
  
• 1-Year TIPS Spread 4.13% +17.0 basis points
  

• Treasury Repo 3M T-Bill Spread 5.75 basis points +2.5 basis points
  
• 2-Year SOFR Swap Spread -9.5 -.75 basis point
  

• 3-Month EUR/USD Cross-Currency Basis Swap -4.0 +.5 basis point
  

• N. America Investment Grade Credit Default Swap Index 52.8 +1.9%
  

• America Energy Sector High-Yield Credit Default Swap Index 117.0 -6.4% 
• Bloomberg TRACE # Distressed Bonds Traded 257.0 -30.0
  

• European Financial Sector Credit Default Swap Index 63.3 +.13%
• Deutsche Bank Subordinated 5Y Credit Default Swap 185.1 -.16%

• Emerging Markets Credit Default Swap Index 170.5 +1.1%
  

• MBS 5/10 Treasury Spread 138.0 -1.0 basis point
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 779.0 -6.0 basis points
  
• Avg. Auto ABS OAS .60 -1.0 basis point
  

• M2 Money Supply YoY % Change -1.7% unch.
  

• Commercial Paper Outstanding $1,336.7B -1.0%

• 4-Week Moving Average of Jobless Claims 214,250 +1.3%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 51.2 -.2%
  

• Average 30-Year Fixed Home Mortgage Rate 7.28% +8.0 basis points
  

• Weekly Mortgage Applications 195,600 -.6%

• Weekly Retail Sales +3.9% +50.0 basis points
  
• OpenTable US Seated Diners % Change YoY -2.0% +3.0 percentage points
  
• Box Office Weekly Gross $126.8M n/a
  

• Nationwide Gas $3.58/gallon +.04/gallon

• Baltic Dry Index 1,669.0 -9.5%
• Drewry World Container Freight Index $2,929.0/40 ft Box -2.7%
  

• China (Export) Containerized Freight Index 2,835.5 -3.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 40.0 -5.9%
  
• Truckstop.com Market Demand Index 54.8 -2.3%

• Rail Freight Carloads 253,918 -.6%
• TSA Total Traveler Throughput 2,619,443 +12.9%
  

Best Performing Style

• Large-Cap Growth -1.0%
  

Worst Performing Style

•  Small-Cap Growth -3.1%

Leading Sectors

• Gold & Silver +7.6%

• Energy +5.0%
• Oil Service +4.3%
  

• Shipping +1.9%
  

• Gambling +.8%
  

Lagging Sectors

• Alt Energy -4.2%
  

• Regional Banks -4.4%
  

• Healthcare Providers -4.8%

• Airlines -5.4%
  

• Retail -5.7%
  

Weekly High-Volume Stock Gainers (18)

• ROOT, TGS, AMRK, GEO, TMDX, RARE, VST, PAM, PAAS, CEPU, NEM, MDB, CEG, GE, VRT, VITL, STAA and PEN
  

Weekly High-Volume Stock Losers (9)

• TSLA, CNXC, STVN, DAY, ENPH, EXLS, HDSN, CSIQ and ZGN
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change