Saturday, April 05, 2025

Today's Headlines

Bloomberg:

Zerohedge:
Barron's:
  • Had bullish commentary on (MCK).
  • Had bearish commentary on (AAPL).

CNBC:

MarketWatch.com:  

NewsMax:       

Fox News:

TheGatewayPundit.com: 

Epoch Times:

Around X:
  • @elonmusk
  • @amuse
  • @nicksortor 
  • @KanekoaTheGreat
  • @MAGAResource
  • @WallStreetApes
  • @ThomasSowell 
  • @Curiousityfirst
  • @GeorgePapa19
  • @MarioNawful
  • MEXICO PLANS TO DUMP 400M GALLONS OF SEWAGE INTO THE U.S. San Diego’s Jim Desmond is sounding the alarm—Mexico’s about to dump 400 million gallons of sewage into the Tijuana River. The filth is set to flow straight into U.S. waters, and Desmond isn’t holding back, calling America a dumping ground for Mexico’s waste. It’s not just gross—it’s a blatant environmental hazard.
  • @StillGray
  • @goddeketal
  • @TomFitton
  • @BillAckman
  • @DC_Draino
  • @TrumpRealDaily
  • @Kylenabecker
  • @RepJamesComer
  • Internal documents we obtained show ActBlue has made policy changes that allow for fraudulent donations. ActBlue also knows fraudulent actors – both foreign and domestic – are exploiting its platform. Democrats don’t want you to know this.
  • @Jim_Banks
  • @IGSquawk 
OpenVAERS: 
SKirsch.com:

Friday, April 04, 2025

Weekly Scoreboard*


S&P 500 5,091.0 -8.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 38,507.9 -7.6%
  • NASDAQ 15,660.0 -9.8%
  • Russell 2000 1,819.4 -10.0%
  • NYSE FANG+ 10,448.0 -9.6%
  • Goldman 50 Most Shorted 166.2 -13.2%
  • Wilshire 5000 50,221.3 -9.1%
  • Russell 1000 Growth 3,303.3 -9.0%
  • Russell 1000 Value 1,686.3 -8.1%
  • S&P 500 Consumer Staples 861.6 -2.0%
  • Bloomberg Cyclicals/Defensives Index(Ex Telecom) 221.4 -5.1%
  • NYSE Technology 4,471.5 -11.8%
  • Transports 13,115.3 -9.9%
  • Utilities 968.7 -4.2%
  • Bloomberg European Bank/Financial Services 119.2 -13.8%
  • MSCI Emerging Markets 40.4 -7.5%
  • Credit Suisse AllHedge Long/Short Equity Index 218.11 -.36%
  • Credit Suisse AllHedge Equity Market Neutral Index 119.87 +.23%
Sentiment/Internals
  • NYSE Cumulative A/D Line 533,383 -.42%
  • Nasdaq/NYSE Volume Ratio 8.1 -35.2%
  • Bloomberg New Highs-Lows Index -1,631 -1,438
  • Crude Oil Commercial Bullish % Net Position -20.7 -.8%
  • CFTC Oil Net Speculative Position 180,558 +8.2%
  • CFTC Oil Total Open Interest 1,783,978 +.88%
  • Total Put/Call 1.37 +36.6%
  • OEX Put/Call .75 -.54%
  • ISE Sentiment 84.0 -23.0 points
  • NYSE Arms .92 -26.5%
  • Bloomberg Global Risk-On/Risk-Off Index 45.6 -42.3%
  • Bloomberg US Financial Conditions Index -.39 -70.0 basis points
  • Bloomberg European Financial Conditions Index 1.13 -29.0 basis points
  • Volatility(VIX) 42.1 +88.6%
  • S&P 500 Intraday % Swing 3.39 +265.3%
  • CBOE S&P 500 3M Implied Correlation Index 42.1 +59.6%
  • G7 Currency Volatility (VXY) 9.30 +13.6%
  • Emerging Markets Currency Volatility (EM-VXY) 9.6 +2.2%
  • Smart Money Flow Index 20,465.4 -.9%
  • NAAIM Exposure Index  49.4 -8.2
  • ICI Money Mkt Mutual Fund Assets $7.032 Trillion +.25%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$12.656 Million
  • AAII % Bulls 20.8 -20.4%
  • AAII % Bears 61.9 +18.6%
  • CNN Fear & Greed Index 5.0 (EXTREME FEAR) -18.0
Futures Spot Prices
  • CRB Index 303.6 -1.1%
  • Crude Oil 61.8/bbl. -10.4%
  • Reformulated Gasoline 204.8 -8.3%
  • Natural Gas 3.87 -5.6%
  • Dutch TTF Nat Gas(European benchmark) 36.4 euros/megawatt-hour -10.0%
  • Heating Oil 208.3 -7.7% 
  • Newcastle Coal 99.0 (1,000/metric ton) -4.4%
  • Gold 3,023.4 -1.7%
  • Silver 29.3 -13.3%
  • S&P GSCI Industrial Metals Index 442.6 -4.4%
  • Copper 440.4 -13.9%
  • US No. 1 Heavy Melt Scrap Steel 372.0 USD/Metric Tonne -1.1%
  • China Iron Ore Spot 97.9 USD/Metric Tonne -3.1%
  • China Battery Grade Lithium Carbonate 10,250.0 USD/metric tonne -1.2%
  • CME Lumber  591.0 -12.8%
  • UBS-Bloomberg Agriculture 1,440.5 -.5%
  • US Gulf NOLA Potash Spot 315.0 USD/Short Ton +.8%
Economy
  • Atlanta Fed GDPNow 2Q Forecast -2.85% -5.0 basis points
  • US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 45.4% +9.5 percentage points
  • NY Fed Real-Time Weekly Economic Index 2.28 +10.1%
  • US Economic Policy Uncertainty Index 417.7 +53.6%
  • DOGE Total Taxpayer Dollars Saved $140.0 Billion($915.03 Savings Per Taxpayer) +$10.0 Billion
  • S&P 500 Current Quarter EPS Growth Rate YoY(18 of 500 reporting) +7.5% -.9 percentage point
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 278.42 +.32:  Growth Rate +13.4% +.4 percentage point, P/E 19.4 -1.1
  • S&P 500 Current Year Estimated Profit Margin 13.58% +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 418.68 +.90: Growth Rate +21.1% +.3 percentage point, P/E 26.3 -2.3
  • Citi US Economic Surprise Index -3.3 -.2 point
  • Citi Eurozone Economic Surprise Index 14.6 -4.5 points
  • Citi Emerging Markets Economic Surprise Index 3.1 -3.5 points
  • Fed Fund Futures imply 35.1%(+16.6 percentage points) chance of -25.0 basis point cut to 4.0-4.25%, 64.9%(-16.6 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.5-4.75% on 5/7
  • US Dollar Index 102.96 -1.1%
  • MSCI Emerging Markets Currency Index 1,758.4 +.08%
  • Bitcoin/USD 83,070.0 +1.2%
  • Euro/Yen Carry Return Index 180.24 -.69%
  • Yield Curve(2s/10s) 32.25 -2.0 basis points
  • 10-Year US Treasury Yield 3.93% -32.0 basis points
  • Federal Reserve's Balance Sheet $6.677 Trillion -.26%
  • Federal Reserve's Discount Window Usage $2.259 Billion -10.8%
  • U.S. Sovereign Debt Credit Default Swap 44.77 +12.0%
  • Illinois Municipal Debt Credit Default Swap 300.5 +8.4%
  • Italian/German 10Y Yld Spread 119.0 +7.0 basis points
  • UK Sovereign Debt Credit Default Swap 21.0 +4.9%
  • China Sovereign Debt Credit Default Swap 60.4 +18.6%
  • Brazil Sovereign Debt Credit Default Swap 201.3 +7.8%
  • Israel Sovereign Debt Credit Default Swap 109.8 +22.6%
  • South Korea Sovereign Debt Credit Default Swap 42.0 +12.4%
  • China Corp. High-Yield Bond USD ETF(KHYB) 23.69 -1.9%
  • China High-Yield Real Estate Total Return Index 119.0 -.82%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +4.0% unch.
  • Zillow US All Homes Rent Index YoY +3.4% unch.
  • US Urban Consumers Food CPI YoY +2.6% unch.
  • CPI Core Services Ex-Shelter YoY +3.9% unch.
  • Cleveland Fed Inflation Nowcast Core PCE YoY +2.68% unch.: CPI YoY +2.49% +2.0 basis points
  • 1-Year TIPS Spread 3.30% +14.0 basis points
  • Treasury Repo 3M T-Bill Spread -10.5 basis points -5.75 basis points
  • 2-Year SOFR Swap Spread -21.0 -4.0 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -4.25 -4.5 basis points
  • N. America Investment Grade Credit Default Swap Index 73.20 +19.1%
  • America Energy Sector High-Yield Credit Default Swap Index 248.0 +20.5
  • Bloomberg TRACE # Distressed Bonds Traded 259.0 +48.0
  • European Financial Sector Credit Default Swap Index 84.1 +23.9%
  • Deutsche Bank Subordinated 5Y Credit Default Swap 189.7 +23.4%
  • Emerging Markets Credit Default Swap Index 212.1 +14.9%
  • MBS 5/10 Treasury Spread 149.0 +8.0 basis points
  • Bloomberg CMBS Investment Grade Bbb Average OAS 616.0 +16.0 basis points
  • Avg. Auto ABS OAS .60 +1.0 basis point
  • M2 Money Supply YoY % Change +3.9% unch.
  • Commercial Paper Outstanding $1,394.8B +.2%
  • 4-Week Moving Average of Jobless Claims 223,000 -.56%
  • Continuing Claims Unemployment Rate 1.3% +10.0 basis points
  • Kastle Back-to-Work Barometer(entries in secured buildings) 53.63 +.69%
  • Average 30-Year Fixed Home Mortgage Rate 6.71% -4.0 basis points
  • Weekly Mortgage Applications 243,600 -1.6%
  • Weekly Retail Sales +5.3% -20.0 basis points
  • OpenTable US Seated Diners % Change YoY -1.0% -2.0 percentage points
  • Box Office Weekly Gross $79.5M +7.2%
  • Nationwide Gas $3.27/gallon +.11/gallon
  • Baltic Dry Index 1,540.0 -3.9%
  • Drewry World Container Freight Index $2,207.7/40 ft Box +1.8%
  • China (Export) Containerized Freight Index 1,102.7 +1.8%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 30.0 unch.
  • Truckstop.com Market Demand Index 85.0 +9.0%
  • Rail Freight Carloads 277,688 +2.4%
  • TSA Total Traveler Throughput 2,619,267 +11.6%
Best Performing Style
  • Large-Cap Value -7.6%
Worst Performing Style
  • Small-Cap Value -10.6%
Leading Sectors
  • Homebuilding +.3%
  • Foods unch.
  • Healthcare Providers unch.
  • Utilities -2.7%
  • Retail -4.8%
Lagging Sectors
  • Airlines -14.4%
  • Energy -14.9%
  • Semis -15.7%
  • Computer Hardware -18.8%
  • Oil Service -19.9%
Weekly High-Volume Stock Gainers (8)
  • ALMS, IBP, DHI, SLP, GME, MHO, RKT and GRBK
Weekly High-Volume Stock Losers (103)
  • KMPR, YUMC, JHX, JD, HWM, PBR, ZK, PTY, DEC, COHR, LUV, OKE, NOG, OKE, SPR, APO, BHF, LNG, GGAL, GFI, OWL, GEG, DD, WDC, HTHT, YPF, ARES, DB, BIDU, EWTX, KRUS, ENTG, TWO, GEV, BHVN, AYI, SLB, VST, DVN, BKR, QFIN, PAAS, DVN, MEOH, HTHT, YPF, BIDU, GFI, TWO, HOOD, VIST, AYI, BKR, TECK, ALB, BABA, ECO, FANG, SG, BHVN, MRVL, BTU, DRD, RRC, FWRD, CHX, MU, EQT, EH, FRO, BBAR, EQH, PBF, FCX, QDEL, FLEX, VAL, MTDR, JKS, VRT, AR, UPST, NVGS, GEHC, SUPV, AFRM, CENX, TBBK, SDRL, APA, BILI, NE, WDS, BE, TEN, OVV, INOD, WFRD, APP, FUTU, VTLE, NBR and SNDK
ETFs
Stocks
*5-Day Change