Weekly Scoreboard*

S&P 500 5,132.7 +.6%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 38,670.5 +1.2%

• NASDAQ 16,159.4 +1.6%

• Russell 2000 2,034.0 +1.8%

• NYSE FANG+ 10,046.0 +1.8%

• Goldman 50 Most Shorted 165.4 +7.9%

• Wilshire 5000 51,036.4 +.73%

• Russell 1000 Growth 3,339.5 +1.2%

• Russell 1000 Value 1,703.1 +.02%

• S&P 500 Consumer Staples 810.3 +.4%

• Bloomberg Cyclicals/Defensives Pair Index 141.5 -1.3%
  

• NYSE Technology 4,682.2 +1.3%

• Transports 15,364.5 +1.3%

• Utilities 911.6 +3.1%

• Bloomberg European Bank/Financial Services 103.89 -.6%
  

• MSCI Emerging Markets 42.3 +2.8%

• Credit Suisse AllHedge Long/Short Equity Index 209.4 +.62%

• Credit Suisse AllHedge Equity Market Neutral Index 109.2 +.16%

Sentiment/Internals

• NYSE Cumulative A/D Line 493,953 +.8%
• Nasdaq/NYSE Volume Ratio 8.5 -11.5%

• Bloomberg New Highs-Lows Index 114 +344
  

• Crude Oil Commercial Bullish % Net Position -33.0 +6.7%

• CFTC Oil Net Speculative Position 264,836 -8.8%

• CFTC Oil Total Open Interest 1,765,266 -1.9%

• Total Put/Call .93 -6.0%

• OEX Put/Call .68 -14.4%

• ISE Sentiment 110.0 -10.0 points
  

• NYSE Arms 1.80 +36.7%
  
• Bloomberg Global Risk-On/Risk-Off Index 66.8 +.3%
• Bloomberg US Financial Conditions Index .94 -10.0 basis points
  
• Bloomberg European Financial Conditions Index .83 +3.0 basis points
  

• Volatility(VIX) 13.7 -8.2%
• DJIA Intraday % Swing .75 +11.9%

• CBOE S&P 500 3M Implied Correlation Index 18.0 +.7%

• G7 Currency Volatility (VXY) 7.45 -2.1%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.05 +.4%

• Smart Money Flow Index 17,417.6 -.09%
• NAAIM Exposure Index  62.0 +2.5
  

• ICI Money Mkt Mutual Fund Assets $6.001 Trillion +.4%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$2.299 Million

• AAII % Bulls 38.5 +19.9%

• AAII % Bears 32.5 -4.1%
• CNN Fear & Greed Index 40.0 (FEAR) -3.0

Futures Spot Prices

• CRB Index 284.75 -4.3%

• Crude Oil 78.10/bbl. -6.3%

• Reformulated Gasoline 255.1 -6.7%

• Natural Gas 2.16 +32.0%
• Dutch TTF Nat Gas(European benchmark) 30.5 euros/megawatt-hour +4.0%
  

• Heating Oil 244.0 -4.0% 
• Newcastle Coal 145.5 (1,000/metric ton) +7.1%
  

• Gold 2,299.7 -1.6%
• Silver 26.43 -2.8%
  

• S&P GSCI Industrial Metals Index 464.8 -1.9%

• Copper 455.5 -.4%

• US No. 1 Heavy Melt Scrap Steel 382.0 USD/Metric Tonne -1.0%

• China Iron Ore Spot 117.7 USD/Metric Tonne +.7%

• CME Lumber  538.0 +5.0%

• UBS-Bloomberg Agriculture 1,505.3 -.37%
• US Gulf NOLA Potash Spot 302.5 USD/Short Ton +.8%
  

Economy

• Atlanta Fed GDPNow 2Q Forecast +3.3% -60.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 23.8% +1.2 percentage points
  

• NY Fed Real-Time Weekly Economic Index 1.99 +27.6%

• US Economic Policy Uncertainty Index 85.0 +56.5%
• S&P 500 Current Quarter EPS Growth Rate YoY(400 of 500 reporting) +4.3% +.9 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 252.88 +2.21:  Growth Rate +14.4% +1.1 percentage points, P/E 20.1 -.1
  
• S&P 500 Current Year Estimated Profit Margin 12.92% +8.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +37.2% -5.2 percentage points
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 324.58 +9.22: Growth Rate +35.1% +3.8 percentage points, P/E 30.9 +.3
  

• Citi US Economic Surprise Index -7.3 -22.4 points

• Citi Eurozone Economic Surprise Index 27.2 -1.5 points

• Citi Emerging Markets Economic Surprise Index 32.0 -6.3 points

• Fed Fund Futures imply 8.4%(-2.4 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 91.6%(+2.7 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 6/12
  

• US Dollar Index 105.04 -.09%

• MSCI Emerging Markets Currency Index 1,719.11 +.19%
  

• Bitcoin/USD 61,834.8 -2.8%

• Euro/Yen Carry Return Index 179.50 -2.6%
  

• Yield Curve(2s/10s) -31.0 -2.25 basis points
  

• 10-Year US Treasury Yield 4.50% -17.0 basis points
  

• Federal Reserve's Balance Sheet $7.326 Trillion -.55%
  
• Federal Reserve's Discount Window Usage $7.013 Billion +2.5%
• Federal Reserve's Bank Term Funding Program $124.117 Billion -1.1%
  

• U.S. Sovereign Debt Credit Default Swap 42.3 +2.4%
  

• Illinois Municipal Debt Credit Default Swap 189.6 +1.0%
  

• Italian/German 10Y Yld Spread 132.0 -3.0 basis points
  
• UK Sovereign Debt Credit Default Swap 25.5 +1.0%
  

• China Sovereign Debt Credit Default Swap 65.2 -8.7%
  

• Brazil Sovereign Debt Credit Default Swap 139.0 -8.6%
  

• Israel Sovereign Debt Credit Default Swap 130.9 -2.9%

• South Korea Sovereign Debt Credit Default Swap 34.6 -9.7%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.6 +.9%
• China High-Yield Real Estate Total Return Index 96.13 +5.4%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.5% unch.
  
• Zillow US All Homes Rent Index YoY +3.7% unch.
  
• US Urban Consumers Food CPI YoY +2.2% unch.
  
• CPI Core Services Ex-Shelter YoY +5.0% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.74% unch.: CPI YoY +3.50% +1.0 basis point
  
• 1-Year TIPS Spread 2.27% -18.0 basis points
  

• Treasury Repo 3M T-Bill Spread 7.75 basis points -1.0 basis point
  
• 2-Year SOFR Swap Spread -7.5 unch.
  

• 3-Month EUR/USD Cross-Currency Basis Swap -3.5 +1.25 basis points
  

• N. America Investment Grade Credit Default Swap Index 50.4 -3.1%
  

• America Energy Sector High-Yield Credit Default Swap Index 124.0 +.4% 
• Bloomberg TRACE # Distressed Bonds Traded 289.0 +3.0
  

• European Financial Sector Credit Default Swap Index 60.8 -3.6%
• Deutsche Bank Subordinated 5Y Credit Default Swap 186.4 -1.6%

• Emerging Markets Credit Default Swap Index 165.1 -6.1%
  

• MBS 5/10 Treasury Spread 144.0 -4.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 761.0 -9.0 basis points
  
• Avg. Auto ABS OAS .57 unch.
  

• M2 Money Supply YoY % Change -.3% unch.
  

• Commercial Paper Outstanding $1,320.6B +.8%

• 4-Week Moving Average of Jobless Claims 210,000 -1.6%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.9 -1.7%
  

• Average 30-Year Fixed Home Mortgage Rate 7.44% -12.0 basis points
  

• Weekly Mortgage Applications 192,100 -2.3%

• Weekly Retail Sales +5.20% +10.0 basis points
  
• OpenTable US Seated Diners % Change YoY n/a
  
• Box Office Weekly Gross $112.9M n/a
  

• Nationwide Gas $3.67/gallon +.01/gallon

• Baltic Dry Index 1,774.4 +3.1%
• Drewry World Container Freight Index $2,725.5/40 ft Box +.74%
  

• China (Export) Containerized Freight Index 1,193.6 +.6%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 40.0 unch.
  
• Truckstop.com Market Demand Index 48.9 -6.4%

• Rail Freight Carloads 261,888 +1.7%
• TSA Total Traveler Throughput 2,642,085 +23.6%
  

Best Performing Style

• Small-Cap Value +2.1%
  

Worst Performing Style

•  Mid-Cap Growth -.2%

Leading Sectors

• Education +7.0%

• Alt Energy +6.5%
• Social Media +6.1%
  

• Biotech +6.0%
  

• Digital Health +5.1%
  

Lagging Sectors

• Disk Drives -1.8%
  

• Gold & Silver -3.0%
  

• Oil Service -3.9%

• Restaurants -4.1%
  

• Energy -4.4%
  

Weekly High-Volume Stock Gainers (78)

• TWST, TNDM, MODV, OSPN, VIR, ATGE, MTZ, AMGN, TDW, GME, PCTY, TILE, CSTL, ACA, OLED, FOXF, XHR, MELI, LYV, ALCC, FYBR, SPXC, ELVN, SEM, ELVN, AAPL, GTLS, BFAM, GMAB, SIGA, CIVI, ITRI, BJRI, BBAR, W, ANET, NVT, LLYVK, DLR, RH, PAM, YPF, FLNC, MSI, KROS, RGA, FTAI, CVNA, BLDR, EDU, ACEL, SLN, ASPN, KBH, BEP, FSLR, CPT, TCOM, NTES, CRS, GGAL, BMA, TXRH, APTV, BOWL, XPO, CNXC, GVA, CNXC, CVLT, ASAI, BKNG, WK, AGRO and TTMI
  

Weekly High-Volume Stock Losers (26)

• MGA, DKNG, ILMN, PWP, VREX, TWI, FRSH, FLR, USM, TRMB, TD, IR, CGON, HIMS, AAON, BILL, FTNT, TDS, PTVE, TRUP, EXPE, XPOF, OTEX, NET, OMI and SPT
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change