Weekly Scoreboard*

S&P 500 7,707.2 +.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 53,576.4 +.5%

• NASDAQ 26,391.7 +.9%

• Russell 2000 2,976.2 -1.3%

• NYSE FANG+ 18,788.0 +2.4%

• Goldman 50 Most Shorted 325.1 -1.3%
• Vaneck Social Sentiment 36.2 -1.4%

• Wilshire 5000 76,253.4 +.3%

• Russell 1000 Growth 4,940.2 +.4%

• Russell 1000 Value 2,533.4 +.3%

• S&P 500 Consumer Staples 935.8 -.5%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 272.4 unch. 
  

• NYSE Technology 9,532.6 +.4%

• Transports 21,411.2 -.9%

• Utilities 1,075.9 +.1%

• MSCI Europe Banks 138.3 -.9%
  

• MSCI Emerging Markets 67.0 unch.

• Credit Suisse AllHedge Long/Short Equity Index 265.0 -.5%

• Credit Suisse AllHedge Equity Market Neutral Index 136.7 -.3%

Sentiment/Internals

• NYSE Cumulative A/D Line 627,148 +.3%
• Nasdaq/NYSE Volume Ratio 16.9 +26.9%

• Bloomberg New Highs-Lows Index 315 +198

• Crude Oil Commercial Bullish % Net Position -14.6 -157%

• CFTC Oil Net Speculative Position 122,090 +23.1%

• CFTC Oil Total Open Interest 1,888,960 -.2%

• Total Put/Call .84 +13.7%

• OEX Put/Call .73 -30.0%

• ISE Sentiment 179.0 unch.

• NYSE Arms .97 +16.7%
  
• Bloomberg Global Risk-On/Risk-Off Index 129.1 +1.3%
• Bloomberg US Financial Conditions Index 1.27 +1.0 basis point
• Bloomberg European Financial Conditions Index 1.34 -8.0 basis points

• Volatility(VIX) 14.6 -3.8%
• S&P 500 Intraday % Swing .72 +.49.0%

• CBOE S&P 500 3M Implied Correlation Index 10.3 +.8%

• G7 Currency Volatility (VXY) 6.41 +3.4%

• Emerging Markets Currency Volatility (EM-VXY) 6.82 +.2%

• Smart Money Flow Index 18,414.7 -1.3%
• CFTC Weekly Equity Positioning Sentiment Gauge(0-100) 59.0 -n/a

• ICI Money Mkt Mutual Fund Assets $7.934 Trillion +.1%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$8.683 Million

• AAII % Bulls 32.9 -7.3%

• AAII % Bears 44.4 +11.3%
• CNN Fear & Greed Index 54.0 (moved to NEUTRAL from GREED) -10.0

Futures Spot Prices

• CRB Index 405.2 -.3%

• Crude Oil 83.1/bbl. -3.9%

• Reformulated Gasoline 348.2 +5.3%

• Natural Gas 2.88 +3.9%
• US Power PJM Western Hub Peak Forward Y1 82.9 USD/Megawatt +6.2% 
• Dutch TTF Nat Gas(European benchmark) 66.3 euros/megawatt-hour -.7%
  

• Heating Oil 434.4 -3.2% 
• Newcastle Coal 139.5 (1,000/metric ton) +3.3%

• Gold 4,460.2 -3.0%
• Silver 66.3 -3.5%
  

• Bloomberg Industrial Metals Index 179.9 unch.

• Copper 654.6 -.3%

• US No. 1 Heavy Melt Scrap Steel 390.5 USD/Metric Tonne -1.0%

• China Iron Ore Spot 99.0 USD/Metric Tonne +1.2%
• China Battery Grade Lithium Carbonate 22,150.0 USD/metric tonne n/a
• Silicon Data LLM Token Expenditure Index 1.07(price per million tokens) +1.4% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 50.0 -.9%  

• CME Lumber 565.0 -1.5%

• UBS-Bloomberg Agriculture 1,623.4 +3.5%
• US Gulf NOLA Potash Spot 345.0 USD/Short Ton +1.5%
• US Gulf NOLA Urea Granular Spot 412.0 USD/Short Ton +5.6%

Economy

• Atlanta Fed GDPNow Q3 Forecast +4.6% +60.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 13.6 -.8 percentage point

• NY Fed Real-Time Weekly Economic Index 2.90 +10.0%
• Caldara Iacoviello Geopolitical Risk Index 165.2 +14.3% 
• Global Monitor Iran Instability Index 60.0 -6.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 90.0% -2.0 percentage points

• US Economic Policy Uncertainty Index 131.2 -24.7%
• Bloomberg Global Trade Policy Uncertainty Index 1.1 +.1
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(485 of 500 reporting) +52.1% +2.5 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 395.71 +4.62:  Growth Rate +20.6% -12.2 percentage points, P/E 19.5 -.1
• S&P 500 Current Year Estimated Profit Margin 16.31% +3.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(9 of 10 reporting) +133.34% -5.1 percentage points
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 965.27 +13.97: Growth Rate +86.1% +2.7 percentage points, P/E 19.5 +.3

• Citi US Economic Surprise Index 21.20 -5.0 points

• Citi Eurozone Economic Surprise Index 87.6 -.3 point

• Citi Emerging Markets Economic Surprise Index 24.0 -.4 point

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 42.5%(-17.6 percentage points) chance of no change, 57.5%(+17.6 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 9/16

• US Dollar Index 99.7 +.9%

• MSCI Emerging Markets Currency Index 1,922.6 +.3%
  

• Bitcoin/USD 77,334 +.5%

• Euro/Yen Carry Return Index 212.5 unch.
• Swiss Franc/Offshore Chinese Renminbi Cross 8.32 -.9%

• Yield Curve(2s/10s) 37.5 -13.0 basis points

• 10-Year US Treasury Yield 4.73% -1.0 basis point
• Japan 30-Year Yield 4.12% +4.0 basis points

• Federal Reserve's Balance Sheet $6.684 Trillion -.2%
• Federal Reserve's Discount Window Usage $5.346 Billion +3.5%

• U.S. Sovereign Debt Credit Default Swap 36.0 -3.2%
  

• Illinois Municipal Debt Credit Default Swap 181.3 +1.1%
  

• Italian/German 10Y Yld Spread 82.0 -1.0 basis point
• UK Sovereign Debt Credit Default Swap 17.9 +.8%

• China Sovereign Debt Credit Default Swap 35.2 -.7%
  

• Brazil Sovereign Debt Credit Default Swap 122.2 -1.1%
  

• Israel Sovereign Debt Credit Default Swap 53.7 -.9%
• Dubai Sovereign Debt Credit Default Swap 61.8 -3.4%

• South Korea Sovereign Debt Credit Default Swap 21.5 -1.7%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.1 +.1%
• China High-Yield Real Estate Total Return Index 122.4 -.1%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.4% unch.
• Zillow US All Homes Rent Index YoY +2.4% unch.
• US Urban Consumers Food CPI YoY +2.9% unch.
• CPI Core Services Ex-Shelter YoY +2.8% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.40% +11.0 basis points: CPI YoY +3.37% +1.0 basis points
• 1-Year TIPS Spread 2.06 +2.0 basis points
• 10-Year TIPS Spread 2.32 -2.0 basis points

• Treasury Repo 3M T-Bill Spread 19.75 unch.
• 2-Year SOFR Swap Spread -13.75 +1.0 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -.25 -.5 basis point

• N. America Investment Grade Credit Default Swap Index 50.3 -1.0% 
• BofA Private Credit Proxy Index 74.0 +.6%

• America Energy Sector High-Yield Credit Default Swap Index 99.0 -33.3%
• High-Yield Tech Sector OAS Index 432.75 -6.7% 
• Bloomberg TRACE # Distressed Bonds Traded 209.0 +3.0

• European Financial Sector Credit Default Swap Index 53.9 -.4%

• Emerging Markets Credit Default Swap Index 137.9 -1.3%
  

• MBS 5/10 Treasury Spread 111.0 -2.0.0 basis point
• Bloomberg CMBS Investment Grade Bbb Average OAS 558.0 +3.0 basis points
• Avg. Auto ABS OAS .44 -1.0 basis point

• M2 Money Supply YoY % Change +5.4% -10.0 basis points

• Commercial Paper Outstanding $1,447.3B +.4%

• 4-Week Moving Average of Jobless Claims 205,500 +.6%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 52.8 n/a

• Average 30-Year Fixed Home Mortgage Rate 6.71% -2.0 basis points

• Weekly Mortgage Applications 245,300 -1.0%

• Weekly Retail Sales +8.40% +40.0 basis points
• OpenTable US Seated Diners % Change YoY +17.0% +2.0 percentage points
• Box Office Weekly Gross $231.4M -22.0%

• Nationwide Gas $4.09/gallon -.02/gallon

• Baltic Dry Index 3,107.0 +9.4%
• Drewry World Container Freight Index $4,472.9/40 ft Box -1.2%
  

• China (Export) Containerized Freight Index 1,834.0 +.7%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 275.0 +7.8%
• Truckstop.com Market Demand Index 92.9 -3.8%

• Rail Freight Carloads 296,577 +1.6%
• TSA Total Traveler Throughput 2,502,263 +16.4% 
• US Morning Consult Daily Consume Sentiment Index 89.1 -3.2 points
• Rasmussen Reports Daily Presidential Approval Tacking Poll 43.0% +1.0 percentage point

Best Performing Style

• Large-Cap Value +.3%

Worst Performing Style

• Small-Cap Growth -1.9%

Leading Sectors

• Software +5.9%

• Cyber Security +4.1%
• Internet +2.9%

• Coal +2.2%
  

• I-Banking +1.2%
  

Lagging Sectors

• Construction -2.9%

• Defense -3.4%
  

• Pharma -3.8%

• Alt Energy -4.2%
  

• Space -5.4%
  

Weekly High-Volume Stock Gainers (15)

• ESTC, SOLS, GAP, PD, DKNG, WDAY, FRNM, ACM, FENC, NOW, SGI, WBTN, CRM and WBTN

Weekly High-Volume Stock Losers (23)

• PHYS, NEWT, NEXA, B, PSLV, MRNA, ULTA, GENB, BURL, MNSO, PWRL, GNRC, EIX, ESI, S, CYTK, PCG, BNTX, RBRK, REAX, PYPL, IREN and LPTH

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change