S&P 500 4,338.1 -.74% |
Weekly Market Wrap by Edward Jones.
Indices
- Russell 2000 1,785.10 +.48%
- NYSE FANG+ 7,369.9 +.49%
- Roundhill Meme Stock ETF 32.07 +1.89%
- Goldman 50 Most Shorted 139.05 +2.1%
- Wilshire 5000 42,788.59 -.54%
- Russell 1000 Growth 2,678.44 -.28%
- Russell 1000 Value 1,497.60 -.97%
- S&P 500 Consumer Staples 727.36 -2.1%
- MSCI Cyclicals-Defensives Spread 1,220.4 +1.08%
- NYSE Technology 3,600.92 +.89%
- Transports 14,968.77 -.13%
- Bloomberg European Bank/Financial Services 87.04 +.54%
- MSCI Emerging Markets 38.12 -.79%
- Credit Suisse AllHedge Long/Short Equity Index 191.67 +.04%
- Credit Suisse AllHedge Equity Market Neutral Index 103.65 -.13%
Sentiment/Internals
- NYSE Cumulative A/D Line 455,679 -.48%
- Nasdaq/NYSE Volume Ratio 10.2 +4.1%
- Bloomberg New Highs-Lows Index -585 +350
- Crude Oil Commercial Bullish % Net Position -37.7 -5.3%
- CFTC Oil Net Speculative Position 328,426 +.48%
- CFTC Oil Total Open Interest 1,692,990 -5.5%
- Total Put/Call 1.0 -13.9%
- ISE Sentiment 98.0 +6.0 points
- NYSE Arms 1.21 +7.8%
- Bloomberg Global Risk-On/Risk-Off Index 71.6 -.83%
- Bloomberg US Financial Conditions Index .06 -23.0 basis points
- Bloomberg European Financial Conditions Index -73.0 -79.0 basis points
- Volatility(VIX) 17.4 -2.2%
- DJIA Intraday % Swing 1.30% +51.4%
- CBOE S&P 500 3M Implied Correlation Index 26.7 -.42%
- G7 Currency Volatility (VXY) 8.1 +4.4%
- Emerging Markets Currency Volatility (EM-VXY) 8.6 +4.7%
- Smart Money Flow Index 11,764.4 -3.0%
- NAAIM Exposure Index 43.0 -14.3
- ICI Money Mkt Mutual Fund Assets $5.644 Trillion +.11%
- ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$10.119 Million
Futures Spot Prices
- Crude Oil 90.57/bbl. +1.2%
- Reformulated Gasoline 243.57 -4.5%
- Natural Gas 2.96 +11.3%
- Dutch TTF Nat Gas(European benchmark) 41.9 euros/megawatt-hour +4.2%
- Heating Oil 336.5 +1.5%
- Newcastle Coal 161.3 (1,000/metric ton) +1.9%
- Gold 1,847.9 -3.9%
- Silver 22.15 -5.4%
- S&P GSCI Industrial Metals Index 414.57 +.46%
- US No. 1 Heavy Melt Scrap Steel 375.0 USD/Metric Tonne unch.
- China Iron Ore Spot 120.6 USD/Metric Tonne +3.9
%
- UBS-Bloomberg Agriculture 1,550.95 -1.8%
- US Gulf NOLA Potash Spot 342.5 USD/Short Ton +3.0%
Economy
- Atlanta Fed GDPNow 2Q Forecast +4.92% +6.0 basis points
- NY Fed Real-Time Weekly Economic Index 1.86 -11.9%
- US Economic Policy Uncertainty Index 106.5 +97.3%
- S&P 500 Current Quarter EPS Growth Rate YoY(16 of 500 reporting) +1.5% -8.0 percentage points
- S&P
500 Blended Forward 12 Months Mean EPS Estimate 239.50 -.05: Growth
Rate +9.0% unch., P/E 18.0 -.1 - S&P 500 Current Year Estimated Profit Margin 12.14% +1.0 basis point
- NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
- NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 263.91 +n/a: Growth Rate +59.2% +n/a, P/E 27.8 -.1
- Citi US Economic Surprise Index 45.1 -9.8 points
- Citi Eurozone Economic Surprise Index -54.0 -1.0 point
- Citi Emerging Markets Economic Surprise Index 11.9 +.3 point
- Fed
Fund Futures imply 0.0%(-0.0 percentage points) chance of -25.0 basis
point cut to 5.0-5.25%, 82.7%(+2.0 percentage points) chance of no
change, 17.3%(-2.0 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 11/1
- US Dollar Index 106.19 +.55%
- MSCI Emerging Markets Currency Index 1,665.31 -.53%
- Bitcoin/USD 26,838.2 +1.4%
- Euro/Yen Carry Return Index 167.95 +.02%
- Yield Curve(2s/10s) -48.5 +19.0 basis points
- 10-Year US Treasury Yield 4.56% +13.0 basis points
- Federal Reserve’s Balance Sheet $7.966 Trillion -.27%
- Federal Reserve’s Discount Window Usage $3.250 Billion +2.1%
- U.S. Sovereign Debt Credit Default Swap 47.57 -3.2%
- Illinois Municipal Debt Credit Default Swap 204.54 +2.98%
- Italian/German 10Y Yld Spread 194.0 +8.0 basis points
- UK Sovereign Debt Credit Default Swap 30.1 +1.98%
- China Sovereign Debt Credit Default Swap 82.3 +3.2%
- Brazil Sovereign Debt Credit Default Swap 186.11 +1.7%
- Israel Sovereign Debt Credit Default Swap 55.57 +14.2%
- South Korea Sovereign Debt Credit Default Swap 33.66 +1.2%
- China Corp. High-Yield Bond USD ETF(KHYB) 24.8 -.9%
- China High-Yield Real Estate Total Return Index 77.41 -6.4%
- Atlanta Fed Low Skill Wage Growth Tracker YoY +5.9% unch.
- Zillow US All Homes Rent Index YoY +3.3% unch.
- US Urban Consumers Food CPI YoY +4.3% unch.
- CPI Core Services Ex-Shelter YoY +4.1% unch.
- Cleveland Fed Inflation Nowcast Core PCE YoY +3.73% -22.0 basis points: CPI YoY +3.69% unch.
- 10-Year TIPS Spread 2.34% -3.0 basis points
- TED Spread 21.0 +2.0 basis points
- 2-Year SOFR Swap Spread -7.5 +2.25 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -35.5 -24.75 basis points
- N. America Investment Grade Credit Default Swap Index 73.3 +.99%
- America Energy Sector High-Yield Credit Default Swap Index 185.0 +.34%
- Bloomberg TRACE # Distressed Bonds Traded 342.0 +24.0
- European Financial Sector Credit Default Swap Index 91.34 +3.7%
- Deutsche Bank Subordinated 5Y Credit Default Swap 302.57 +3.1%
- Emerging Markets Credit Default Swap Index 224.78 +5.0%
- MBS 5/10 Treasury Spread 172.0 +5.0 basis points
- Bloomberg CMBS Investment Grade Bbb Average OAS 907.0 +1.0 basis point
- Avg. Auto ABS OAS .79 unch.
- M2 Money Supply YoY % Change -3.7% unch.
- Commercial Paper Outstanding 1,194.9 +.9%
- 4-Week Moving Average of Jobless Claims 211,000 -2.9%
- Continuing Claims Unemployment Rate 1.1% unch.
- Kastle Back-to-Work Barometer(entries in secured buildings) 50.4 +.18%
- Average 30-Year Fixed Home Mortgage Rate 7.77% +2.0 basis points
- Weekly Mortgage Applications 189,600 -1.3%
- Weekly Retail Sales +4.0% -10.0 basis points
- OpenTable US Seated Diners % Change YoY -5.0% +2.0 percentage points
- Box Office Weekly Gross $107.2M -22.1%
- Nationwide Gas $3.83/gallon -.03/gallon
- Baltic Dry Index 1,716.0 +7.7%
- China (Export) Containerized Freight Index 851.96 -2.7%
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.5 unch.
- Truckstop.com Market Demand Index 40.6 -6.0%
- Rail Freight Carloads 258,419 +5.3%
- TSA Total Traveler Throughput 2,594,802 +25.7%
Best Performing Style
Worst Performing Style
Leading Sectors
- Regional Banks +2.2%
- Semis +1.8%
Lagging Sectors
Weekly High-Volume Stock Gainers (10)
- GPCR, NKE, CCCS, WBA, DUOL, KSS, PLNT, EAT, BMBL and TRMB
Weekly High-Volume Stock Losers (8)
- BEPC, NEP, MDGL, NAPA, MTN, CCL, SNDX and CORT
ETFs
Stocks
*5-Day Change