S&P 500 5,121.6 -.1% |
Weekly Market Wrap by Edward Jones.
Indices
- Russell 2000 2,039.8 -2.0%
- NYSE FANG+ 9,719.2 -.9%
- Solactive Roundhill Meme Stock Index 441.9 -1.5%
- Goldman 50 Most Shorted 161.16 -3.1%
- Wilshire 5000 50,936.2 -.2%
- Russell 1000 Growth 3,320.0 -.1%
- Russell 1000 Value 1,707.9 -.1%
- S&P 500 Consumer Staples 799.7 +.5%
- Bloomberg Cyclicals/Defensives Pair Index 141.3 -.57%
- NYSE Technology 4,689.5 -1.7%
- Transports 15,515.2 -1.2%
- Bloomberg European Bank/Financial Services 98.7 +2.4%
- MSCI Emerging Markets 40.8 -.15%
- Credit Suisse AllHedge Long/Short Equity Index 203.7 +.44%
- Credit Suisse AllHedge Equity Market Neutral Index 109.1 +.3%
Sentiment/Internals
- NYSE Cumulative A/D Line 490,320 -.15%
- Nasdaq/NYSE Volume Ratio 6.5 +21.3%
- Bloomberg New Highs-Lows Index 97 -1,569
- Crude Oil Commercial Bullish % Net Position -29.8 unch.
- CFTC Oil Net Speculative Position 238,51`2 +6.1%
- CFTC Oil Total Open Interest 1,642,519 -.99%
- Total Put/Call .77 -15.4%
- ISE Sentiment 133.0 -13.0 points
- NYSE Arms .84 -24.6%
- Bloomberg Global Risk-On/Risk-Off Index 68.1 +4.8%
- Bloomberg US Financial Conditions Index 1.15 +12.0 basis points
- Bloomberg European Financial Conditions Index 1.06 +7.0 basis points
- Volatility(VIX) 14.6 +1.1%
- DJIA Intraday % Swing .80 +66.7%
- CBOE S&P 500 3M Implied Correlation Index 13.2 -3.5%
- G7 Currency Volatility (VXY) 6.58 -4.8%
- Emerging Markets Currency Volatility (EM-VXY) 6.12 -4.2%
- Smart Money Flow Index 16,137.0 +1.2%
- NAAIM Exposure Index 104.8 +10.8
- ICI Money Mkt Mutual Fund Assets $6.108 Trillion +.52%
- ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$7.582 Million
- AAII % Bears 21.9 +.5%
- CNN Fear & Greed Index 70.0 (Greed) -1.0
Futures Spot Prices
- Crude Oil 80.9/bbl. +4.1%
- Reformulated Gasoline 271.5 +7.8%
- Natural Gas 1.66 -8.5%
- Dutch TTF Nat Gas(European benchmark) 27.0 euros/megawatt-hour +1.7%
- Heating Oil 272.7 +3.7%
- Newcastle Coal 130.3 (1,000/metric ton) -4.9%
- Gold 2,158.9 -.9%
- Silver 25.24 +3.8%
- S&P GSCI Industrial Metals Index 424.1 +2.2%
- US No. 1 Heavy Melt Scrap Steel 379.0 USD/Metric Tonne unch.
- China Iron Ore Spot 99.8 USD/Metric Tonne -7.0
%
- UBS-Bloomberg Agriculture 1,488.16 +1.8%
- US Gulf NOLA Potash Spot 317.50 USD/Short Ton unch.
Economy
- Atlanta Fed GDPNow 1Q Forecast +2.3% -.2 percentage point
- NY Fed Real-Time Weekly Economic Index 2.0 +1.0%
- US Economic Policy Uncertainty Index 74.5 -68.1%
- S&P 500 Current Quarter EPS Growth Rate YoY(499 of 500 reporting) +7.9% -.1 percentage point
- S&P
500 Blended Forward 12 Months Mean EPS Estimate 248.45 +.78: Growth
Rate +11.3% +.3 percentage point, P/E 20.7 -.1 - S&P 500 Current Year Estimated Profit Margin 12.82% unch.
- NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +55.2% unch.
- NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 316.81 +1.23: Growth Rate +31.9% +.6 percentage point, P/E 31.0 -.8
- Citi US Economic Surprise Index 24.6 -3.2 points
- Citi Eurozone Economic Surprise Index 51.1 -.3 point
- Citi Emerging Markets Economic Surprise Index 20.6 +6.3 points
- Fed
Fund Futures imply 1.0%(-3.0 percentage point) chance of -25.0 basis
point cut to 5.0-5.25%, 99.0%(+3.0 percentage point) chance of no
change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 3/20
- US Dollar Index 103.45 +.71%
- MSCI Emerging Markets Currency Index 1,737.5 +.07%
- Bitcoin/USD 69,290.0 -1.2%
- Euro/Yen Carry Return Index 175.94 +.96%
- Yield Curve(2s/10s) -42.0 -2.25 basis points
- 10-Year US Treasury Yield 4.30% +21.0 basis points
- Federal Reserve’s Balance Sheet $7.505 Trillion +.04%
- Federal Reserve’s Discount Window Usage $2.344 Billion +18.5%
- Federal Reserve’s Bank Term Funding Program $167.463 Billion +2.1%
- U.S. Sovereign Debt Credit Default Swap 38.7 +.12%
- Illinois Municipal Debt Credit Default Swap 185.48 -3.6%
- Italian/German 10Y Yld Spread 126.0 -6.0 basis points
- UK Sovereign Debt Credit Default Swap 29.0 +1.1%
- China Sovereign Debt Credit Default Swap 67.94 +3.2%
- Brazil Sovereign Debt Credit Default Swap 124.5 -4.1%
- Israel Sovereign Debt Credit Default Swap 115.58 -2.1%
- South Korea Sovereign Debt Credit Default Swap 34.0 +.92%
- China Corp. High-Yield Bond USD ETF(KHYB) 24.6 -.3%
- China High-Yield Real Estate Total Return Index 89.6 +1.3%
- Atlanta Fed Low Skill Wage Growth Tracker YoY +5.6% -20.0 basis points
- Zillow US All Homes Rent Index YoY +3.5% +10.0 basis points
- US Urban Consumers Food CPI YoY +2.2% -40.0 basis points
- CPI Core Services Ex-Shelter YoY +4.5% +10.0 basis points
- Cleveland Fed Inflation Nowcast Core PCE YoY +2.78% +6.0 basis points: CPI YoY +3.33% +22.0 basis points
- 1-Year TIPS Spread 4.07% +18.0 basis points
- Treasury Repo 3M T-Bill Spread 8.25 basis points +.5 basis point
- 2-Year SOFR Swap Spread -10.75 -1.25 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap -4.5 +.75 basis point
- N. America Investment Grade Credit Default Swap Index 49.9 unch.
- America Energy Sector High-Yield Credit Default Swap Index 133.0 -4.0%
- Bloomberg TRACE # Distressed Bonds Traded 262.0 -24.0
- European Financial Sector Credit Default Swap Index 59.8 -1.2%
- Deutsche Bank Subordinated 5Y Credit Default Swap 180.27 -6.4%
- Emerging Markets Credit Default Swap Index 166.25 +1.2%
- MBS 5/10 Treasury Spread 150.0 +6.0 basis points
- Bloomberg CMBS Investment Grade Bbb Average OAS 810.0 -15.0 basis points
- Avg. Auto ABS OAS .61 -2.0 basis points
- M2 Money Supply YoY % Change -2.0% unch.
- Commercial Paper Outstanding $1,293.2B +2.1%
- 4-Week Moving Average of Jobless Claims 208,000 -.24%
- Continuing Claims Unemployment Rate 1.2% -10.0 basis points
- Kastle Back-to-Work Barometer(entries in secured buildings) 52.5 -.1%
- Average 30-Year Fixed Home Mortgage Rate 7.09% -7.0 basis points
- Weekly Mortgage Applications 201,500 +7.1%
- Weekly Retail Sales +3.0% +20.0 basis points
- OpenTable US Seated Diners % Change YoY -4.0% +2.0 percentage points
- Box Office Weekly Gross $156.4M +57.0%
- Nationwide Gas $3.44/gallon +.04/gallon
- Baltic Dry Index 2,350.0 +.2%
- Drewry World Container Freight Index $3,161.8/40 ft Box -3.8%
- China (Export) Containerized Freight Index 1,278.3 -2.6%
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 45.0 -5.3%
- Truckstop.com Market Demand Index 54.4 +10.2%
- Rail Freight Carloads 258,077 -1.8%
- TSA Total Traveler Throughput 2,568,760 +9.7%
Best Performing Style
Worst Performing Style
Leading Sectors
- Energy +4.5%
- Gold & Silver +2.5%
Lagging Sectors
Weekly High-Volume Stock Gainers (10)
- CLDX, GCT, AVD, MDGL, CRGX, DESP, EH, CSGP, SCCO and ALTG
Weekly High-Volume Stock Losers (31)
- ABNB,
FUTU, SLN, CCCS, INTU, PGY, TMDX, FMS, SLVM, FLEX, S, NOW, ABT, AVAV,
NUVL, IOT, PD, NRIX, EURN, SANM, SMAR, DFH, SGML, ZIP, EXPI, HIBB, ZG,
Z, ADBE, JBL and GRPN
ETFs
Stocks
*5-Day Change