S&P 500 4,370.4 +6.1% |
Weekly Market Wrap by Edward Jones.
Indices
- Russell 2000 1,768.4 +8.1%
- NYSE FANG+ 7,655.5 +6.9%
- Roundhill Meme Stock ETF 31.21 +8.5%
- Goldman 50 Most Shorted 133.0 +13.1%
- Wilshire 5000 43,403.3 +6.4%
- Russell 1000 Growth 2,760.30 +6.3%
- Russell 1000 Value 1,500.3 +5.9%
- S&P 500 Consumer Staples 728.7 +3.5%
- MSCI Cyclicals-Defensives Spread 1,253.54 +2.2%
- NYSE Technology 3,730.9 +8.0%
- Transports 14,524.2 +7.3%
- Bloomberg European Bank/Financial Services 83.64 +3.0%
- MSCI Emerging Markets 38.43 +4.9%
- Credit Suisse AllHedge Long/Short Equity Index 186.46 -1.22%
- Credit Suisse AllHedge Equity Market Neutral Index 104.81 +.31%
Sentiment/Internals
- NYSE Cumulative A/D Line 450,504 +1.3%
- Nasdaq/NYSE Volume Ratio 7.1 +.4
- Bloomberg New Highs-Lows Index -181 +1,015
- Crude Oil Commercial Bullish % Net Position -38.2 -2.4%
- CFTC Oil Net Speculative Position 300,765 -1.8%
- CFTC Oil Total Open Interest 1,628,044 -1.6%
- Total Put/Call .89 -26.8%
- ISE Sentiment 109.0 +31.0 points
- NYSE Arms 1.10 -25.4%
- Bloomberg Global Risk-On/Risk-Off Index 64.9 +4.7%
- Bloomberg US Financial Conditions Index -.05 +25.0 basis points
- Bloomberg European Financial Conditions Index .66 +77.0 basis points
- Volatility(VIX) 15.2 -27.3%
- DJIA Intraday % Swing .64% -66.0%
- CBOE S&P 500 3M Implied Correlation Index 25.6 -25.2%
- G7 Currency Volatility (VXY) 7.59 -3.2%
- Emerging Markets Currency Volatility (EM-VXY) 7.8 -5.6%
- Smart Money Flow Index 11,696.53 +.46%
- NAAIM Exposure Index 29.2 +4.4
- ICI Money Mkt Mutual Fund Assets $5.695 Trillion +1.1%
- ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$3.725 Million
Futures Spot Prices
- Crude Oil 81.01/bbl. -5.2%
- Reformulated Gasoline 220.49 -4.1%
- Natural Gas 3.49 +11.2%
- Dutch TTF Nat Gas(European benchmark) 48.1 euros/megawatt-hour -5.8%
- Heating Oil 292.4 -3.8%
- Newcastle Coal 134.9 (1,000/metric ton) -8.1%
- Gold 1,994.86 -.60%
- Silver 23.22 +.41%
- S&P GSCI Industrial Metals Index 404.86 -.01%
- US No. 1 Heavy Melt Scrap Steel 372.0 USD/Metric Tonne +3.3%
- China Iron Ore Spot 123.0 USD/Metric Tonne +3.4
%
- UBS-Bloomberg Agriculture 1,603.11 +.80%
- US Gulf NOLA Potash Spot 345.0 USD/Short Ton -.72%
Economy
- Atlanta Fed GDPNow 3Q Forecast +1.24% -1.02 percentage points
- NY Fed Real-Time Weekly Economic Index 2.23 +12.6%
- US Economic Policy Uncertainty Index 54.3 -7.8%
- S&P 500 Current Quarter EPS Growth Rate YoY(404 of 500 reporting) +2.2% -3.6 percentage points
- S&P
500 Blended Forward 12 Months Mean EPS Estimate 240.56 +.41: Growth
Rate +8.9% -.3 percentage point, P/E 18.0 +.8 - S&P 500 Current Year Estimated Profit Margin 12.20% +9.0 basis points
- NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +38.4% -13.5 percentage points
- NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 273.42 +3.55: Growth Rate +61.3% +2.1 percentage points, P/E 27.5 +1.3
- Citi US Economic Surprise Index 51.2 -12.5 points
- Citi Eurozone Economic Surprise Index -47.9 -3.8 points
- Citi Emerging Markets Economic Surprise Index 24.3 -2.1 points
- Fed
Fund Futures imply .5%(-1.1 percentage points) chance of -25.0 basis
point cut to 5.0-5.25%, 99.5%(+20.4 percentage points) chance of no
change, 0.0%(-19.2 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 12/13
- US Dollar Index 105.03 -1.5%
- MSCI Emerging Markets Currency Index 1,677.32 +.41%
- Bitcoin/USD 34,563.2 -.12%
- Euro/Yen Carry Return Index 171.18 +1.5%
- Yield Curve(2s/10s) -27.75 -11.0 basis points
- 10-Year US Treasury Yield 4.56% -29.0 basis points
- Federal Reserve’s Balance Sheet $7.831 Trillion -.53%
- Federal Reserve’s Discount Window Usage $3.128 Billion +8.2%
- U.S. Sovereign Debt Credit Default Swap 52.9 +1.9%
- Illinois Municipal Debt Credit Default Swap 198.34 -9.7%
- Italian/German 10Y Yld Spread 187.0 -10.0 basis points
- UK Sovereign Debt Credit Default Swap 32.61 +.79%
- China Sovereign Debt Credit Default Swap 74.32 -11.3%
- Brazil Sovereign Debt Credit Default Swap 162.44 -13.9%
- Israel Sovereign Debt Credit Default Swap 142.57 -1.2%
- South Korea Sovereign Debt Credit Default Swap 38.72 -9.5%
- China Corp. High-Yield Bond USD ETF(KHYB) 24.71 -.2%
- China High-Yield Real Estate Total Return Index 68.36 -.96%
- Atlanta Fed Low Skill Wage Growth Tracker YoY +6.0% unch.
- Zillow US All Homes Rent Index YoY +3.2% unch.
- US Urban Consumers Food CPI YoY +3.7% unch.
- CPI Core Services Ex-Shelter YoY +3.7% unch.
- Cleveland Fed Inflation Nowcast Core PCE YoY +3.63% unch.: CPI YoY +3.28% -4.0 basis points
- 10-Year TIPS Spread 2.38% -5.0 basis points
- TED Spread 24.5 +4.5 basis points
- 2-Year SOFR Swap Spread -13.25 +1.75 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -20.0 +5.5 basis points
- N. America Investment Grade Credit Default Swap Index 70.19 -13.0%
- America Energy Sector High-Yield Credit Default Swap Index 171.0 -11.7%
- Bloomberg TRACE # Distressed Bonds Traded 391.0 +45.0
- European Financial Sector Credit Default Swap Index 92.07 -9.1%
- Deutsche Bank Subordinated 5Y Credit Default Swap 260.74 -11.5%
- Emerging Markets Credit Default Swap Index 206.32 -13.4%
- MBS 5/10 Treasury Spread 170.0 -17.0 basis points
- Bloomberg CMBS Investment Grade Bbb Average OAS 923.0 -3.0 basis points
- Avg. Auto ABS OAS .97 +4.0 basis points
- M2 Money Supply YoY % Change -3.6% unch.
- Commercial Paper Outstanding 1,218.3 +.7%
- 4-Week Moving Average of Jobless Claims 2100,000 +.96%
- Continuing Claims Unemployment Rate 1.2% unch.
- Kastle Back-to-Work Barometer(entries in secured buildings) 50.3 -.64%
- Average 30-Year Fixed Home Mortgage Rate 7.94% -10.0 basis points
- Weekly Mortgage Applications 161,800 -2.06%
- Weekly Retail Sales +4.7% +20.0 basis points
- OpenTable US Seated Diners % Change YoY -4.0% unch.
- Box Office Weekly Gross $131.5M -.46%
- Nationwide Gas $3.44/gallon -.08/gallon
- Baltic Dry Index 1,385.0 -11.4%
- China (Export) Containerized Freight Index 827.84 +2.0%
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.50 +25.0%
- Truckstop.com Market Demand Index 35.5 -8.4%
- Rail Freight Carloads 271,814 +.27%
- TSA Total Traveler Throughput 2,396,776 +18.9%
Best Performing Style
Worst Performing Style
Leading Sectors
- Regional Banks +12.8%
- Gambling +12.0%
Lagging Sectors
Weekly High-Volume Stock Gainers (44)
- UDMY,
BAND, EXPE, DOCN, IAS, KYMR, TRUP, DKNG, IT, EVH, PARA, FIVN, FIVN,
NET, LOPE, ACLX, QLYS, SQ, FLNC, AMRC, IEP, LMND, CVNA, TXG, TGTX, NTLA,
CSTL, BOOT, ROKU, CUBI, MIRM, ENV, ALPN, B, BURL, IQV, OLED, LYV, DCPH,
HGV, ALGN, ALKT and DRS
Weekly High-Volume Stock Losers (15)
- HQY, BAP, APPN, HLF, NARI, OHI, CHD, AMN, PYCR, PRDO, SG, FTNT, PCTY, AGL and BILL
ETFs
Stocks
*5-Day Change