S&P 500 5,111.4 -1.8% |
Weekly Market Wrap by Edward Jones.
Indices
- Russell 2000 1,996.7 -3.2%
- NYSE FANG+ 10,096.3 +.5%
- Solactive Roundhill Meme Stock Index 398.4 -4.2%
- Goldman 50 Most Shorted 151.2 -5.6%
- Wilshire 5000 50,838.8 -2.0%
- Russell 1000 Growth 3,342.4 -.9%
- Russell 1000 Value 1,689.4 -3.0%
- S&P 500 Consumer Staples 783.0 -1.2%
- Bloomberg Cyclicals/Defensives Pair Index 144.2 +.1%
- NYSE Technology 4,722.0 -1.4%
- Transports 15,442.7 -3.0%
- Bloomberg European Bank/Financial Services 101.3 -2.0%
- MSCI Emerging Markets 40.7 -1.7%
- Credit Suisse AllHedge Long/Short Equity Index 208.96 +.51%
- Credit Suisse AllHedge Equity Market Neutral Index 109.56 +.87%
Sentiment/Internals
- NYSE Cumulative A/D Line 494,101 -.09%
- Nasdaq/NYSE Volume Ratio 7.3 -18.9%
- Bloomberg New Highs-Lows Index -37 -593
- Crude Oil Commercial Bullish % Net Position -36.6 -4.0%
- CFTC Oil Net Speculative Position 300,897 +8.2%
- CFTC Oil Total Open Interest 1,757,685 -1.0%
- Total Put/Call .82 -30.6%
- ISE Sentiment 102.0 -23.0 points
- NYSE Arms 1.98 +81.8%
- Bloomberg Global Risk-On/Risk-Off Index 65.9 -1.9%
- Bloomberg US Financial Conditions Index 1.15 +24.0 basis points
- Bloomberg European Financial Conditions Index 1.0 unch.
- Volatility(VIX) 18.3 +14.0%
- DJIA Intraday % Swing 1.16 -20.8%
- CBOE S&P 500 3M Implied Correlation Index 20.6 +13.7%
- G7 Currency Volatility (VXY) 7.6 +12.6%
- Emerging Markets Currency Volatility (EM-VXY) 7.2 +8.9%
- Smart Money Flow Index 17,013.3 +3.1%
- NAAIM Exposure Index 81.9 -2.3
- ICI Money Mkt Mutual Fund Assets $6.080 Trillion -.5%
- ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$.472 Million
- AAII % Bears 24.0 +8.1%
- CNN Fear & Greed Index 47.0 (Neutral) -15.0
Futures Spot Prices
- Crude Oil 85.6/bbl. -.84%
- Reformulated Gasoline 280.2 +1.6%
- Natural Gas 1.77 -1.0%
- Dutch TTF Nat Gas(European benchmark) 30.73 euros/megawatt-hour +14.5%
- Heating Oil 268.5 -2.3%
- Newcastle Coal 132.95 (1,000/metric ton) +2.8%
- Gold 2,338.2 +1.1%
- Silver 28.0 +2.9%
- S&P GSCI Industrial Metals Index 448.7 +.7%
- US No. 1 Heavy Melt Scrap Steel 385.0 USD/Metric Tonne +1.3%
- China Iron Ore Spot 110.8 USD/Metric Tonne +6.3
%
- CME Lumber 536.50 -6.0%
- UBS-Bloomberg Agriculture 1,494.8 -1.4%
- US Gulf NOLA Potash Spot 307.50 USD/Short Ton -1.6%
Economy
- Atlanta Fed GDPNow 1Q Forecast +2.4% -10.0 basis points
- NY Fed Real-Time Weekly Economic Index 1.9 +11.1%
- US Economic Policy Uncertainty Index 174.1 +62.0%
- S&P 500 Current Quarter EPS Growth Rate YoY(29 of 500 reporting) +21.9% -17.6 percentage points
- S&P
500 Blended Forward 12 Months Mean EPS Estimate 251.57 +1.48: Growth
Rate +12.7% +.3 percentage point, P/E 20.7 +.2 - S&P 500 Current Year Estimated Profit Margin 12.86% +2.0 basis points
- NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
- NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 313.02 +1.13: Growth Rate +30.3% +.5 percentage point, P/E 32.8 +1.1
- Citi US Economic Surprise Index 39.5 -1.7 points
- Citi Eurozone Economic Surprise Index 34.6 -2.0 points
- Citi Emerging Markets Economic Surprise Index 29.0 +2.2 points
- Fed
Fund Futures imply 4.4%(-.4 percentage point) chance of -25.0 basis
point cut to 5.0-5.25%, 95.6%(+.4 percentage point) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 5.5-5.75% on 5/1
- US Dollar Index 105.9 +1.6%
- MSCI Emerging Markets Currency Index 1,722.2 -.17%
- Bitcoin/USD 67,625.7 -1.6%
- Euro/Yen Carry Return Index 177.39 -.65%
- Yield Curve(2s/10s) -38.25 -3.0 basis points
- 10-Year US Treasury Yield 4.50% +13.0 basis points
- Federal Reserve’s Balance Sheet $7.402 Trillion -.01%
- Federal Reserve’s Discount Window Usage $4.925 Billion -19.3%
- Federal Reserve’s Bank Term Funding Program $126.344 Billion -3.2%
- U.S. Sovereign Debt Credit Default Swap 39.9 +2.3%
- Illinois Municipal Debt Credit Default Swap 191.69 +.03%
- Italian/German 10Y Yld Spread 140.0 -2.0 basis points
- UK Sovereign Debt Credit Default Swap 27.25 -2.6%
- China Sovereign Debt Credit Default Swap 72.0 -2.4%
- Brazil Sovereign Debt Credit Default Swap 153.7 +4.1%
- Israel Sovereign Debt Credit Default Swap 134.0 +3.1%
- South Korea Sovereign Debt Credit Default Swap 38.46 -1.1%
- China Corp. High-Yield Bond USD ETF(KHYB) 24.6 -.16%
- China High-Yield Real Estate Total Return Index 93.21 +.6%
- Atlanta Fed Low Skill Wage Growth Tracker YoY +5.5% -10.0 basis points
- Zillow US All Homes Rent Index YoY +3.6% +10.0 basis points
- US Urban Consumers Food CPI YoY +2.2% unch.
- CPI Core Services Ex-Shelter YoY +5.0% +50.0 basis points
- Cleveland Fed Inflation Nowcast Core PCE YoY +2.74% +7.0 basis points: CPI YoY +3.43% +2.0 basis points
- 1-Year TIPS Spread 4.31% +18.0 basis points
- Treasury Repo 3M T-Bill Spread 7.75 basis points +2.0 basis points
- 2-Year SOFR Swap Spread -7.75 +1.75 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap -5.75 -1.75 basis points
- N. America Investment Grade Credit Default Swap Index 55.25 +4.8%
- America Energy Sector High-Yield Credit Default Swap Index 115.0 -1.8%
- Bloomberg TRACE # Distressed Bonds Traded 275.0 +18.0
- European Financial Sector Credit Default Swap Index 67.0 +6.0%
- Deutsche Bank Subordinated 5Y Credit Default Swap 194.6 +5.1%
- Emerging Markets Credit Default Swap Index 178.5 +5.4%
- MBS 5/10 Treasury Spread 150.0 +12.0 basis points
- Bloomberg CMBS Investment Grade Bbb Average OAS 771.0 -8.0 basis points
- Avg. Auto ABS OAS .56 -4.0 basis points
- M2 Money Supply YoY % Change -1.7% unch.
- Commercial Paper Outstanding $1,330.4B -.5%
- 4-Week Moving Average of Jobless Claims 214,250 unch.
- Continuing Claims Unemployment Rate 1.2% unch.
- Kastle Back-to-Work Barometer(entries in secured buildings) 48.0 -6.3%
- Average 30-Year Fixed Home Mortgage Rate 7.41% +13.0 basis points
- Weekly Mortgage Applications 195,700 +.05%
- Weekly Retail Sales +4.20% +30.0 basis points
- OpenTable US Seated Diners % Change YoY -11.0% -9.0 percentage points
- Box Office Weekly Gross $126.8M n/a
- Nationwide Gas $3.63/gallon +.05/gallon
- Baltic Dry Index 1,690.0 +3.8%
- Drewry World Container Freight Index $2,795.1/40 ft Box -1.4%
- China (Export) Containerized Freight Index 2,835.5 -.52%
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 40.0 unch.
- Truckstop.com Market Demand Index 58.5 +6.8%
- Rail Freight Carloads 241,000 -5.1%
- TSA Total Traveler Throughput 2,636,046 +13.9%
Best Performing Style
Worst Performing Style
Leading Sectors
- Restaurants -.2%
- Shipping -.3%
Lagging Sectors
Weekly High-Volume Stock Gainers (4)
Weekly High-Volume Stock Losers (41)
- BEN,
BCAT, SKM, UAL, NICE, GDYN, ACN, ALCC, CEPU, BURL, CSIQ, BYON, SA,
PRFT, STLA, INSM, BIDU, NTES, INTC, CZR, XMTR, ING, TEVA, KT, CPA, NEOG,
SAGE, JPM, MBUU, LOVE, BLCO, APLS, VFC, EH, PLAY, ZTS and LQDA
ETFs
Stocks
*5-Day Change