Weekly Scoreboard*

S&P 500 6,621.5 +1.1%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 46,820.0 +1.2%

• NASDAQ 22,789.9 +1.1%

• Russell 2000 2,477.4 +2.0%

• NYSE FANG+ 16,135. -.2%

• Goldman 50 Most Shorted 267.2 +7.5%

• Wilshire 5000 66,572.0 +1.0%

• Russell 1000 Growth 4,734.4 +1.0%

• Russell 1000 Value 2,020.07 +1.1%

• S&P 500 Consumer Staples 865.01 -.1%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 255.1 -1.2%
  

• NYSE Technology 7,326.9 +2.9%

• Transports 15,849.8 +.9%

• Utilities 1,127.8 +1.2%

• MSCI Europe Banks 99.4 -.6%
  

• MSCI Emerging Markets 54.1 +2.7%

• Credit Suisse AllHedge Long/Short Equity Index 240.58 -.21%

• Credit Suisse AllHedge Equity Market Neutral Index 127.03 -.29%

Sentiment/Internals

• NYSE Cumulative A/D Line 577,125 -.69%
• Nasdaq/NYSE Volume Ratio 16.1 +23.9%

• Bloomberg New Highs-Lows Index 1,395 +1,386

• Crude Oil Commercial Bullish % Net Position -12.4 -1.4%

• CFTC Oil Net Speculative Position 102,958 +4.3%

• CFTC Oil Total Open Interest 1,936,690 -1.3%

• Total Put/Call .75 -7.8%

• OEX Put/Call 1.07 -1.3%

• ISE Sentiment 157.0 -17.0

• NYSE Arms .82 +13.9%
  
• Bloomberg Global Risk-On/Risk-Off Index 84.9 -1.1%
• Bloomberg US Financial Conditions Index .65 -1.0 basis point
• Bloomberg European Financial Conditions Index 1.49 -8.0 basis points

• Volatility(VIX) 16.6 +9.4%
• S&P 500 Intraday % Swing .43 -36.6%

• CBOE S&P 500 3M Implied Correlation Index 14.3 +2.9%

• G7 Currency Volatility (VXY) 7.2 -4.2%
  

• Emerging Markets Currency Volatility (EM-VXY) 6.4 -2.6%

• Smart Money Flow Index 24,178.6 +.9%
• NAAIM Exposure Index  86.2 unch.

• ICI Money Mkt Mutual Fund Assets $7.315 Trillion unch.

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$3.666 Million

• AAII % Bulls 42.9 +2.9%

• AAII % Bears 39.2 unch.
• CNN Fear & Greed Index 57.0 (NEUTRAL) -4.0

Futures Spot Prices

• CRB Index 298.33 -1.7%

• Crude Oil 60.83/bbl. -6.3%

• Reformulated Gasoline 185.80 -5.8%

• Natural Gas 3.32 +17.4%
• Dutch TTF Nat Gas(European benchmark) 31.4 euros/megawatt-hour -3.5%
  

• Heating Oil 224.0 -7.4% 
• Newcastle Coal 108.0 (1,000/metric ton) +1.4%

• Gold 3,888.4 +3.2%
• Silver 48.08 +3.9%
  

• S&P GSCI Industrial Metals Index 487.5 +2.4%

• Copper 509.6 +6.7%

• US No. 1 Heavy Melt Scrap Steel 347.0 USD/Metric Tonne +2.1%

• China Iron Ore Spot 103.75 USD/Metric Tonne +.6%
• China Battery Grade Lithium Carbonate 10,325.0 USD/metric tonne +1.2%

• CME Lumber  615.0 +3.6%

• UBS-Bloomberg Agriculture 1,352.95 -.5%
• US Gulf NOLA Potash Spot 332.5 USD/Short Ton -1.5%

Economy

• Atlanta Fed GDPNow Q2 Forecast +3.8% -.1 percentage point

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 37.8 +3.5 percentage points

• NY Fed Real-Time Weekly Economic Index 2.40 +15.9%

• US Economic Policy Uncertainty Index 518.3 +64.5%
• Bloomberg Global Trade Policy Uncertainty Index 2.5 -3.1%
• DOGE Total Taxpayer Dollars Saved $206.0 Billion($1,279.50 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(19 of 500 reporting) +12.4% -3.4 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 294.11 +.81:  Growth Rate +12.4% +.3 percentage point, P/E 22.8 +.3
• S&P 500 Current Year Estimated Profit Margin 13.5% unch.
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 476.98 -12.73: Growth Rate +17.4% -3.1 percentage points, P/E 34.0 +1.2

• Citi US Economic Surprise Index 15.0 -12.5 points

• Citi Eurozone Economic Surprise Index 7.7 -3.6 points

• Citi Emerging Markets Economic Surprise Index 7.9 +2.7 points

• Fed Fund Futures imply 97.8%(+10.1 percentage points) chance of -25.0 basis point cut to 3.75-4.0%, 2.2%(-10.1 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.25-4.5% on 10/29

• US Dollar Index 97.77 -.42%

• MSCI Emerging Markets Currency Index 1,843.8 +.32%
  

• Bitcoin/USD 122,542.0 +9.9%

• Euro/Yen Carry Return Index 195.79 -1.0%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.97 +.2%

• Yield Curve(2s/10s) 54.5 +.25 basis point
  

• 10-Year US Treasury Yield 4.11% -8.0 basis points

• Federal Reserve's Balance Sheet $6.539 Trillion -.33%
• Federal Reserve's Discount Window Usage $7.403 Billion +25.3%

• U.S. Sovereign Debt Credit Default Swap 41.7 +2.4%
  

• Illinois Municipal Debt Credit Default Swap 200.3 -1.7%
  

• Italian/German 10Y Yld Spread 81.0 -3.0 basis points
• UK Sovereign Debt Credit Default Swap 21.7 +.6%

• China Sovereign Debt Credit Default Swap 38.24 +1.3%
  

• Brazil Sovereign Debt Credit Default Swap 134.7 -2.5%
  

• Israel Sovereign Debt Credit Default Swap 78.2 -1.8%

• South Korea Sovereign Debt Credit Default Swap 23.5 -3.1%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.56 -.1%
• China High-Yield Real Estate Total Return Index 125.41 -.12%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +2.7% unch.
• US Urban Consumers Food CPI YoY +3.2% unch.
• CPI Core Services Ex-Shelter YoY +3.5% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.87% unch.: CPI YoY +2.99% -1.0 basis point
• 1-Year TIPS Spread 2.70 -9.0 basis points
• 10-Year TIPS Spread 2.34 -4.0 basis points

• Treasury Repo 3M T-Bill Spread -22.25 basis points -.25 basis point
• 2-Year SOFR Swap Spread -22.5 -.75 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap 3.5 -3.75 basis points

• N. America Investment Grade Credit Default Swap Index 51.4 -2.5%
  

• America Energy Sector High-Yield Credit Default Swap Index 200.0 +1.0% 
• Bloomberg TRACE # Distressed Bonds Traded 224.0 -1.0 
  

• European Financial Sector Credit Default Swap Index 58.5 -3.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 129.0 -2.6%

• Emerging Markets Credit Default Swap Index 145.6 -1.9%
  

• MBS 5/10 Treasury Spread 120.0 -5.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 601.0 +2.0 basis points
• Avg. Auto ABS OAS .51 +1.0 basis point

• M2 Money Supply YoY % Change +4.8% unch.

• Commercial Paper Outstanding $1,346.5B -2.3%

• 4-Week Moving Average of Jobless Claims 237,500 n/a

• Continuing Claims Unemployment Rate 1.3% n/a
• Kastle Back-to-Work Barometer(entries in secured buildings) 54.1 -2.8%
  

• Average 30-Year Fixed Home Mortgage Rate 6.38% +5.0 basis points

• Weekly Mortgage Applications 339,100 -12.7%

• Weekly Retail Sales +6.1% -10.0 basis points
• OpenTable US Seated Diners % Change YoY +9.0% +3.0 percentage points
• Box Office Weekly Gross $100.0M -47.6%

• Nationwide Gas $3.15/gallon -.00/gallon

• Baltic Dry Index 1,909.0 -15.5%
• Drewry World Container Freight Index $1,760.4/40 ft Box -5.2%
  

• China (Export) Containerized Freight Index 1,087.4 -2.9%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 50.0 -13.0%
• Truckstop.com Market Demand Index 72.9 -1.2%

• Rail Freight Carloads 283,739 +.59%
• TSA Total Traveler Throughput 2,005,089 -26.8% 
• Rasmussen Reports Daily Presidential Approval Tacking Poll 46.0% -3.0 percentage points

Best Performing Style

• Small-Cap Growth +2.1%

Worst Performing Style

• Mid-Cap Growth +.2%

Leading Sectors

• Computer Hardware +10.2%

• Pharma +10.1%
• Alt Energy +7.7%

• Biotech +6.1%
  

• Coal +4.9%
  

Lagging Sectors

• Banks -2.3%

• Oil Service -2.6%
  

• Shipping -2.9%

• Energy -3.7%
  

• Gambling -7.2%
  

Weekly High-Volume Stock Gainers (77)

• QUBT, FCEL, USAR, BETR, RCAT, BTDR, QS, CLPT, QBTS, RGTI, BTU, CIFR, HUM, CCCX, IREN, ADUR, CBLL, OSCR, MESO, UMAC, ACHR, FLNC, NNE, TCMD, SNDK, PCVX, PPTA, CLSK, OUST, ARDT, SHOP, SD, CI, RIOT, LTBR, MUX, PTCT, SSTK, TWST, CDTX, CURB, WERN, AVAV, SIRI, HTFL, EOSE, NBIS, KNSL, DCTH, AMTM, MAT, ONTO, SPRY, RKLB, ETSY, GRAL, IONQ, GMAB, SERV, KNX, DNA, SNDR, IDYA, ASAN, GRAL, JHX, DBRG, NEE, BE, HOND, BBBY, FCX, FICO, MP, CMG, SCCO, ASTS, MU and FFBC

Weekly High-Volume Stock Losers (11)

• PGY, PM, HROW, TSLA, UEC, XPEV, WYNN, FORD, LVS, RBLX and TPB

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change