Weekly Scoreboard*

 

S&P 500 6,009.8 +1.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 42,772.0 +.9%

• NASDAQ 19,572.5 +2.2%

• Russell 2000 2,125.1 +2.7%

• NYSE FANG+ 14,216.2 +2.5%

• Goldman 50 Most Shorted 189.8 +10.5%

• Wilshire 5000 59,424.2 +1.5%

• Russell 1000 Growth 4,109.0 +1.7%

• Russell 1000 Value 1,871.5 +.7%

• S&P 500 Consumer Staples 903.1 -1.8%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 241.5 +1.6%
  

• NYSE Technology 5,882.2 +3.1%

• Transports 14,860.2 +.8%

• Utilities 1,033.60 -.9%

• Bloomberg European Bank/Financial Services 146.0 +1.4%
  

• MSCI Emerging Markets 46.93 +2.9%

• Credit Suisse AllHedge Long/Short Equity Index 217.7 +.43%

• Credit Suisse AllHedge Equity Market Neutral Index 124.29 +.47%

Sentiment/Internals

• NYSE Cumulative A/D Line 549,244 +.34%
• Nasdaq/NYSE Volume Ratio 13.4 +10.0%

• Bloomberg New Highs-Lows Index 640 +451

• Crude Oil Commercial Bullish % Net Position -18.3 +10.1%

• CFTC Oil Net Speculative Position 165,694 -11.1%

• CFTC Oil Total Open Interest 1,943,708 +3.8%

• Total Put/Call .84 -1.2%

• OEX Put/Call 1.07 unch.

• ISE Sentiment 150.0 +22.0

• NYSE Arms .76 -11.1%
  
• Bloomberg Global Risk-On/Risk-Off Index 70.9 +4.9%
• Bloomberg US Financial Conditions Index .34 +2.0 basis points
• Bloomberg European Financial Conditions Index 1.44 +1.0 basis point 
  

• Volatility(VIX) 16.8 -7.7%
• S&P 500 Intraday % Swing 1.33 -1.3%

• CBOE S&P 500 3M Implied Correlation Index 19.9 -7.8%

• G7 Currency Volatility (VXY) 8.69 -2.69%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.14 -3.4%

• Smart Money Flow Index 22,956.9 +1.6%
• NAAIM Exposure Index  81.6 -6.8

• ICI Money Mkt Mutual Fund Assets $7.016 Trillion +.96%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$8.525 Million

• AAII % Bulls 32.7 -.6%

• AAII % Bears 41.4 -1.2%
• CNN Fear & Greed Index 63.0 (GREED) +2.0

Futures Spot Prices

• CRB Index 298.62 +2.8%

• Crude Oil 64.45/bbl. +6.2%

• Reformulated Gasoline 207.7 +3.3%

• Natural Gas 3.81 +9.5%
• Dutch TTF Nat Gas(European benchmark) 36.3 euros/megawatt-hour +7.0%
  

• Heating Oil 212.4 +5.6% 
• Newcastle Coal 112.0 (1,000/metric ton) +6.2%

• Gold 3,321.8 +1.1%
• Silver 36.0 +9.1%
  

• S&P GSCI Industrial Metals Index 453.8 +2.1%

• Copper 484.1 +3.2%

• US No. 1 Heavy Melt Scrap Steel 338.0 USD/Metric Tonne -1.5%

• China Iron Ore Spot 95.0 USD/Metric Tonne -.4%
• China Battery Grade Lithium Carbonate 8,650.0 USD/metric tonne unch.

• CME Lumber  605.5 +2.1%

• UBS-Bloomberg Agriculture 1,435.7 +.8%
• US Gulf NOLA Potash Spot 327.5 USD/Short Ton +.8%

Economy

• Atlanta Fed GDPNow Q2 Forecast +3.8% unch.

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 41.1 -.7 percentage point

• NY Fed Real-Time Weekly Economic Index 1.75 -13.8%

• US Economic Policy Uncertainty Index 345.1 -6.2%
• Bloomberg Global Trade Policy Uncertainty Index 6.2 -20.6%
  
• DOGE Total Taxpayer Dollars Saved $180.0 Billion($1,118.01 Savings Per Taxpayer) +$5.0 Billion
• S&P 500 Current Quarter EPS Growth Rate YoY(498 of 500 reporting) +12.7% +.2 percentage point

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 277.13 +.45:  Growth Rate +8.9% -2.9 percentage points, P/E 21.3 +.1
• S&P 500 Current Year Estimated Profit Margin 13.24% -2.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +33.0% +.5 percentage point
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 429.22 +1.09: Growth Rate +14.9% -8.9 percentage point, P/E 32.8 +.6

• Citi US Economic Surprise Index -5.9 -17.4 points

• Citi Eurozone Economic Surprise Index 26.3 +8.6 points

• Citi Emerging Markets Economic Surprise Index 34.4 -4.6 points

• Fed Fund Futures imply 0.0%(-3.8 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 99.9%(+3.7 percentage points) chance of no change, 0.1%(+.1 percentage point) chance of +25.0 basis point hike to 4.5-4.75% on 6/18

• US Dollar Index 99.22 -.22%

• MSCI Emerging Markets Currency Index 1,832.3 +.51%
  

• Bitcoin/USD 104,909.5 -.2%

• Euro/Yen Carry Return Index 185.7 +1.1%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.74 -.22%

• Yield Curve(2s/10s) 45.75 -5.0 basis points
  

• 10-Year US Treasury Yield 4.49% +7.0 basis points

• Federal Reserve's Balance Sheet $6.625 Trillion -.01%
• Federal Reserve's Discount Window Usage $2.656 Billion +36.6%

• U.S. Sovereign Debt Credit Default Swap 49.2 -5.6%
  

• Illinois Municipal Debt Credit Default Swap 211.69 -2.6%
  

• Italian/German 10Y Yld Spread 93.0 -5.0 basis points
• UK Sovereign Debt Credit Default Swap 18.0 -6.2%

• China Sovereign Debt Credit Default Swap 48.8 -4.7%
  

• Brazil Sovereign Debt Credit Default Swap 158.5 -1.9%
  

• Israel Sovereign Debt Credit Default Swap 96.6 -.04%

• South Korea Sovereign Debt Credit Default Swap 28.0 -2.3%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.73 -.42%
• China High-Yield Real Estate Total Return Index 119.60 -.86%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +3.3% unch.
• US Urban Consumers Food CPI YoY +2.7% unch.
• CPI Core Services Ex-Shelter YoY +3.0% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.65% unch.: CPI YoY +2.40% unch.
  
• 1-Year TIPS Spread 2.76 -7.0 basis points
• 10-Year TIPS Spread 2.32 -3.0 basis points

• Treasury Repo 3M T-Bill Spread 7.0 basis points +5.25 basis points
  
• 2-Year SOFR Swap Spread -22.5 -.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -2.0 -1.0 basis point

• N. America Investment Grade Credit Default Swap Index 54.2 -3.5%
  

• America Energy Sector High-Yield Credit Default Swap Index 224.0 -8.0% 
• Bloomberg TRACE # Distressed Bonds Traded 235.0 +11.0
  

• European Financial Sector Credit Default Swap Index 59.9 -3.3%
• Deutsche Bank Subordinated 5Y Credit Default Swap 141.2 -1.8%

• Emerging Markets Credit Default Swap Index 165.2 -4.3%
  

• MBS 5/10 Treasury Spread 152.0 -4.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 612.0 -4.0 basis points
• Avg. Auto ABS OAS .57 -3.0 basis points

• M2 Money Supply YoY % Change +4.4% unch.

• Commercial Paper Outstanding $1,470.0B +1.4%

• 4-Week Moving Average of Jobless Claims 235,000 +2.0%
  

• Continuing Claims Unemployment Rate 1.2% -10.0 basis points
• Kastle Back-to-Work Barometer(entries in secured buildings) 51.0 -3.8%
  

• Average 30-Year Fixed Home Mortgage Rate 6.92% -6.0 basis points

• Weekly Mortgage Applications 226,400 -4.0%

• Weekly Retail Sales +5.5% -.1 percentage point
• OpenTable US Seated Diners % Change YoY +7.0% -4.0 percentage points
• Box Office Weekly Gross $398.6M +175.1%

• Nationwide Gas $3.14/gallon -.02/gallon

• Baltic Dry Index 1,626.0 +14.7%
• Drewry World Container Freight Index $3,526.9/40 ft Box +40.6%
  

• China (Export) Containerized Freight Index 1,155.0 +3.3%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.5 unch.
• Truckstop.com Market Demand Index 61.0 -13.6%

• Rail Freight Carloads 240,285 -8.5%
• TSA Total Traveler Throughput 2,798,889 +19.0%
  

Best Performing Style

• Small-Cap Growth +3.5%
  

Worst Performing Style

• Large-Cap Value +.7%

Leading Sectors

• Oil Service +6.6%

• Semis +6.4%
• Gold & Silver +5.7%

• Social Media +5.0%
  

• Alt Energy +4.3%
  

Lagging Sectors

• Foods -.7%
  

• Utilities -.9%
  

• Insurance -1.1%

• Education -1.7%
  

• Gambling -1.9%
  

Weekly High-Volume Stock Gainers (62)

• BYRN, PSYN, GRRR, TSSI, QUBT, PRCH, MANU, NX, ARQQ, APLD, HUT, QXO, RIOT, INOD, BTDR, SERV, LUNR, BEAM, NAGE, LEGN, SEI, PSIX, SRPT, CRSP, GES, RKLB, NNE, MARA, OUST, SMR, SOUN, LMND, CLPT, TOOT, SPIR, TEM, MRVL, ARCT, SA, AMTM, REVG, PD, DQ, IRDM, AVAV, LTBR, TCBI, LEU, OPFI, CRMD, BC, TWST, ARLO, AGX, CYBR, RDW, BCAX and UCTT

Weekly High-Volume Stock Losers (12)

• MELI, MTN, IOT, NBBK, TTC, TTAN, DRD, ABM, GIII, BRZE, DOCU and LULU

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change