S&P 500 4,8893.5 +.9%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • Russell 2000 1,979.7 +1.7%
  • NYSE FANG+ 9,228.5 +2.5% 
  • Solactive Roundhill Meme Stock Index 359.81 +2.6%
  • Goldman 50 Most Shorted 146.3 +2.0%
  • Wilshire 5000 48,749.8 +1.0%
  • Russell 1000 Growth 3,174.1 +.8%
  • Russell 1000 Value 1,634.6 +1.1%
  • S&P 500 Consumer Staples 769.44 +.8%
  • Bloomberg Cyclicals/Defensives Pair Index 138.5 +.3%
  • NYSE Technology 4,549.5 +1.8%
  • Transports 15,895.3 +1.7%
  • Bloomberg European Bank/Financial Services 92.0 +3.1%
  • MSCI Emerging Markets 38.9 +1.0%
  • Credit Suisse AllHedge Long/Short Equity Index 195.1 +.23%


  • Credit Suisse AllHedge Equity Market Neutral Index 107.47 +.11%

Sentiment/Internals

  • NYSE Cumulative A/D Line 476,952 +1.2%
  • Nasdaq/NYSE Volume Ratio 10.1 +13.5%
  • Bloomberg New Highs-Lows Index 352 +452
  • Crude Oil Commercial Bullish % Net Position -21.5 +4.1%

  • CFTC Oil Net Speculative Position 162,034 -4.5%

  • CFTC Oil Total Open Interest 1,610,493 +.77%
  • ISE Sentiment 146.0 -2.0 points
  • NYSE Arms .73 -3.4%
  • Bloomberg Global Risk-On/Risk-Off Index 61.9 +1.5%
  • Bloomberg US Financial Conditions Index .95 +4.0 basis points
  • Bloomberg European Financial Conditions Index .71 +10.0 basis points
  • Volatility(VIX) 13.3 -.15%
  • DJIA Intraday % Swing .57 -55.5%
  • CBOE S&P 500 3M Implied Correlation Index 17.1 -5.5%
  • G7 Currency Volatility (VXY) 7.52 -1.6%
  • Emerging Markets Currency Volatility (EM-VXY) 7.35 -.94%
  • Smart Money Flow Index 14,856.1 +1.8%
  • NAAIM Exposure Index  84.1 +30.1
  • ICI Money Mkt Mutual Fund Assets $5.960 Trillion -.02%

  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$5.021 Million

  • AAII % Bears 26.1 -2.6%
  • CNN Fear & Greed Index 76.0 (Extreme Greed) +5.0

Futures Spot Prices

  • Crude Oil 78.04/bbl. +5.6%
  • Reformulated Gasoline 228.9 +5.8%
  • Natural Gas 2.67 +3.6%
  • Dutch TTF Nat Gas(European benchmark) 28.08 euros/megawatt-hour -1.3%
  • Heating Oil 285.4 +6.2% 
  • Newcastle Coal 118.3 (1,000/metric ton) -3.9%
  • Gold 2,016.54 -.62%
  • Silver 22.77 +.56%
  • S&P GSCI Industrial Metals Index 414.5 +3.1%
  • US No. 1 Heavy Melt Scrap Steel 421.0 USD/Metric Tonne +1.5%


  • China Iron Ore Spot 136.4 USD/Metric Tonne +5.8%
  • UBS-Bloomberg Agriculture 1,499.25 +.55%
  • US Gulf NOLA Potash Spot 320.0 USD/Short Ton -.78%

Economy

  • Atlanta Fed GDPNow 1Q Forecast +3.0% n/a

  • NY Fed Real-Time Weekly Economic Index 1.90 +13.8%
  • US Economic Policy Uncertainty Index 74.1 +102.8%
  • S&P 500 Current Quarter EPS Growth Rate YoY(124 of 500 reporting) -1.6% +1.5 percentage points
  • S&P
    500 Blended Forward 12 Months Mean EPS Estimate 243.76 +.03:  Growth
    Rate +10.1% +.1 percentage point, P/E 20.1 +.5
  • S&P 500 Current Year Estimated Profit Margin 11.57% -14.0 basis points
  • NYSE FANG+ Current Quarter EPS Growth Rate YoY(2 of 10 reporting) -3.1% n/a
  • NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 293.63 +1.28: Growth Rate +37.7% +.6 percentage point, P/E 31.4 +1.3
  • Citi US Economic Surprise Index 27.3 +13.8 points
  • Citi Eurozone Economic Surprise Index -10.1 +2.3 points
  • Citi Emerging Markets Economic Surprise Index 1.0 -3.5 points

  • Fed
    Fund Futures imply 2.6%(+.5 percentage point) chance of -25.0 basis
    point cut to 5.0-5.25%, 97.4%(-.5 percentage point) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 1/31
  • US Dollar Index 103.4 +.22%
  • MSCI Emerging Markets Currency Index 1,721.2 +.23%
  • Bitcoin/USD 41,990.2 +.7%
  • Euro/Yen Carry Return Index 173.48 -.22%
  • Yield Curve(2s/10s) -20.75 +6.0 basis points
  • 10-Year US Treasury Yield 4.16% +1.0 basis point
  • Federal Reserve’s Balance Sheet $7.641 Trillion +.04% 
  • Federal Reserve’s Discount Window Usage $2.527 Billion +16.5%
  • Federal Reserve’s Bank Term Funding Program $167.768 Billion +3.9%
  • U.S. Sovereign Debt Credit Default Swap 42.5 -1.2%
  • Illinois Municipal Debt Credit Default Swap 186.88 -2.5%
  • Italian/German 10Y Yld Spread 153.0 -1.0 basis point
  • UK Sovereign Debt Credit Default Swap 32.9 -2.2%
  • China Sovereign Debt Credit Default Swap 65.2 +.72%
  • Brazil Sovereign Debt Credit Default Swap 138.41 +4.4%
  • Israel Sovereign Debt Credit Default Swap 122.83 -.9%
  • South Korea Sovereign Debt Credit Default Swap 30.58 +5.4%
  • China Corp. High-Yield Bond USD ETF(KHYB) 24.52 +.56%
  • China High-Yield Real Estate Total Return Index 86.17 +.92%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +6.0% 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 +4.1% unch.
  • Cleveland Fed Inflation Nowcast Core PCE YoY +2.66% -36.0 basis points: CPI YoY +2.96% unch.
  • 10-Year TIPS Spread 2.29% -5.0 basis points
  • Treasury Repo 3M T-Bill Spread 4.25 basis points -1.25 basis points
  • 2-Year SOFR Swap Spread -14.5 +1.5 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -4.25 -.5 basis point
  • N. America Investment Grade Credit Default Swap Index 54.13 -1.0%
  • America Energy Sector High-Yield Credit Default Swap Index 152.0 -3.4
  • Bloomberg TRACE # Distressed Bonds Traded 315.0 unch.
  • European Financial Sector Credit Default Swap Index 66.98 -4.1%
  • Deutsche Bank Subordinated 5Y Credit Default Swap 196.76 -4.6%
  • Emerging Markets Credit Default Swap Index 177.07 -.28%
  • MBS 5/10 Treasury Spread 144.0 -1.0 basis point
  • Bloomberg CMBS Investment Grade Bbb Average OAS 909.0 -33.0 basis points
  • Avg. Auto ABS OAS .71 -3.0 basis points

  • M2 Money Supply YoY % Change -2.3% +70 basis points
  • Commercial Paper Outstanding $1,251.2B -.3%
  • 4-Week Moving Average of Jobless Claims 202,250 -.7%
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Kastle Back-to-Work Barometer(entries in secured buildings) 46.3 -4.5%
  • Average 30-Year Fixed Home Mortgage Rate 6.99% -1.0 basis points
  • Weekly Mortgage Applications 218,200 +3.7%
  • Weekly Retail Sales +5.40% -10.0 basis points
  • OpenTable US Seated Diners % Change YoY -2.0% +8.0 percentage points
  • Box Office Weekly Gross $125.0M +6.0%
  • Nationwide Gas $3.10/gallon +.01/gallon
  • Baltic Dry Index 1,499.0 -.27%
  • Drewry World Container Freight Index $3,964.2/40 ft Box +5.0%
  • China (Export) Containerized Freight Index 1,403.0 +9.0%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 42.5 unch.
  • Truckstop.com Market Demand Index 52.6 +3.0%

  • Rail Freight Carloads 224,182 -8.2%
  • TSA Total Traveler Throughput 2,221,349 +26.7%

Best Performing Style

Worst Performing Style

Leading Sectors

  • Airlines +6.2%
  • Computer Services +5.1%

Lagging Sectors

Weekly High-Volume Stock Gainers (47)

  • APPF,
    VERA, MOR, ALPN, BAH, GBCI, MARA, BFH, ATXS, CMPS, MSTR, GCT, RGEN,
    EYPT, AMSC, TBBK, IMNM, GNTX, TOST, ZIMV, AXP, OLN, CSTL, RAPT, FFIN,
    ZGN, ABNB, TDS, YMAB, MGNX, SSB, URGN, ALV, BIO, XRX, AVTR, USM, COF,
    GGAL, PTLO, LII, DHR, COIN, BANC, STNG and DAWN

Weekly High-Volume Stock Losers (5)

  • LPG, CORT, KLAC, LBPH and INTC

ETFs

Stocks

*5-Day Change



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