BETWEEN THE HEDGES: Weekly Scoreboard*

• Russell 2000 2,074.4 +1.9{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• NYSE FANG+ 10,104.6 +4.4{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} 
• Solactive Roundhill Meme Stock Index 437.4 -.5{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Goldman 50 Most Shorted 164.7 +2.4{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Wilshire 5000 52,127.8 +2.5{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Russell 1000 Growth 3,412.3 +2.9{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Russell 1000 Value 1,735.2 +1.8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• S&P 500 Consumer Staples 807.4 +1.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Bloomberg Cyclicals/Defensives Pair Index 143.1 +1.5{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• NYSE Technology 4,839.4 +3.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Transports 16,005.6 +3.3{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Bloomberg European Bank/Financial Services 100.6 +2.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• MSCI Emerging Markets 40.9 +.36{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Credit Suisse AllHedge Long/Short Equity Index 207.6 +1.9{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Credit Suisse AllHedge Equity Market Neutral Index 109.1 +.03{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

Sentiment/Internals

• NYSE Cumulative A/D Line 496,339 +1.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• Nasdaq/NYSE Volume Ratio 9.5 +46.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Bloomberg New Highs-Lows Index 1,800 +1,703
  

• Crude Oil Commercial Bullish {3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} Net Position -30.6 -2.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• CFTC Oil Net Speculative Position 233,788 -2.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• CFTC Oil Total Open Interest 1,718,985 +4.7{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Total Put/Call 1.33 +80.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• ISE Sentiment 128.0 -5.0 points
  

• NYSE Arms 1.54 +59.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  
• Bloomberg Global Risk-On/Risk-Off Index 68.6 +.7{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• Bloomberg US Financial Conditions Index 1.19 +4.0 basis points
  
• Bloomberg European Financial Conditions Index 1.02 -4.0 basis points
  

• Volatility(VIX) 12.8 -11.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• DJIA Intraday {3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} Swing .71 -11.4{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• CBOE S&P 500 3M Implied Correlation Index 11.9 -13.4{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• G7 Currency Volatility (VXY) 6.96 +5.8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Emerging Markets Currency Volatility (EM-VXY) 6.90 +12.4{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Smart Money Flow Index 16,137.0 +1.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• NAAIM Exposure Index  93.2 -11.6
  

• ICI Money Mkt Mutual Fund Assets $6.047 Trillion -1.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$35.238 Million

• AAII {3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} Bears 27.2 +24.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• CNN Fear & Greed Index 72.0 (Greed) +2.0

Futures Spot Prices

• Crude Oil 80.7/bbl. -.44{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Reformulated Gasoline 273.70 +1.1{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Natural Gas 1.65 -.24{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• Dutch TTF Nat Gas(European benchmark) 27.8 euros/megawatt-hour +1.7{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Heating Oil 265.7 -2.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} 
• Newcastle Coal 124.6 (1,000/metric ton) -3.8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Gold 2,162.8 +.3{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• Silver 24.68 -2.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• S&P GSCI Industrial Metals Index 425.7 -.9{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• US No. 1 Heavy Melt Scrap Steel 382.0 USD/Metric Tonne +.8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• China Iron Ore Spot 108.6 USD/Metric Tonne +4.4{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• CME Lumber  610.50 +1.1{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• UBS-Bloomberg Agriculture 1,503.8 +1.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• US Gulf NOLA Potash Spot 312.50 USD/Short Ton -.8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +2.1{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} -.2 percentage point
  

• NY Fed Real-Time Weekly Economic Index 1.88 +17.5{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• US Economic Policy Uncertainty Index 82.6 -25.7{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• S&P 500 Current Quarter EPS Growth Rate YoY(12 of 500 reporting) +40.7{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} n/a

• S&P
  500 Blended Forward 12 Months Mean EPS Estimate 249.49 +1.04:  Growth
  Rate +11.8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} +.5 percentage point, P/E 21.0 +.3
  
• S&P 500 Current Year Estimated Profit Margin 12.83{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} +1.0 basis point
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 310.75 -6.06: Growth Rate +29.3{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} -2.6 percentage points, P/E 32.5 +1.5
  

• Citi US Economic Surprise Index 31.6 +7.0 points

• Citi Eurozone Economic Surprise Index 46.7 -4.4 points

• Citi Emerging Markets Economic Surprise Index 18.2 -2.4 points

• Fed
  Fund Futures imply 12.4{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}(+6.0 percentage points) chance of -25.0 basis
  point cut to 5.0-5.25{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}, 87.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}(-6.0 percentage points) chance of no
  change, 0.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}(unch.) chance of +25.0 basis point hike to 5.5-5.75{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} on 5/1
  

• US Dollar Index 104.5 +1.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• MSCI Emerging Markets Currency Index 1,732.1 -.06{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Bitcoin/USD 63,804.5 -6.5{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Euro/Yen Carry Return Index 177.5 +.9{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Yield Curve(2s/10s) -38.0 +4.0 basis points
  

• 10-Year US Treasury Yield 4.22{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} -8.0 basis points
  

• Federal Reserve’s Balance Sheet $7.478 Trillion -.36{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} 
• Federal Reserve’s Discount Window Usage $2.172 Billion -7.3{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• Federal Reserve’s Bank Term Funding Program $150.183 Billion -10.3{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• U.S. Sovereign Debt Credit Default Swap 39.7 +2.7{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Illinois Municipal Debt Credit Default Swap 187.6 +1.1{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Italian/German 10Y Yld Spread 132.0 +6.0 basis points
  
• UK Sovereign Debt Credit Default Swap 29.8 +3.1{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• China Sovereign Debt Credit Default Swap 68.8 +1.3{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Brazil Sovereign Debt Credit Default Swap 135.6 +9.1{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Israel Sovereign Debt Credit Default Swap 120.9 +4.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• South Korea Sovereign Debt Credit Default Swap 36.6 +7.8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• China Corp. High-Yield Bond USD ETF(KHYB) 24.7 +.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• China High-Yield Real Estate Total Return Index 89.84 +.53{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +5.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} unch.
  
• Zillow US All Homes Rent Index YoY +3.5{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} unch.
• US Urban Consumers Food CPI YoY +2.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} unch.
  
• CPI Core Services Ex-Shelter YoY +4.5{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.78{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} unch.: CPI YoY +3.37{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} +4.0 basis points
  
• 1-Year TIPS Spread 4.08{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} +1.0 basis point
  

• Treasury Repo 3M T-Bill Spread 6.5 basis points -1.75 basis points
• 2-Year SOFR Swap Spread -10.75 unch.

• 3-Month EUR/USD Cross-Currency Basis Swap -3.5 +1.0 basis point
  

• N. America Investment Grade Credit Default Swap Index 52.1 +4.5{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• America Energy Sector High-Yield Credit Default Swap Index 134.0 +.49{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} 
• Bloomberg TRACE # Distressed Bonds Traded 290.0 +28.0
  

• European Financial Sector Credit Default Swap Index 64.97 +8.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• Deutsche Bank Subordinated 5Y Credit Default Swap 192.1 +6.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Emerging Markets Credit Default Swap Index 168.6 +1.4{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• MBS 5/10 Treasury Spread 141.0 unch.
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 785.0 -25.0 basis points
  
• Avg. Auto ABS OAS .62 +1.0 basis point
  

• M2 Money Supply YoY {3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} Change -2.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} unch.
  

• Commercial Paper Outstanding $1,329.1B +2.8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• 4-Week Moving Average of Jobless Claims 211,250 +1.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Continuing Claims Unemployment Rate 1.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.6 -3.7{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Average 30-Year Fixed Home Mortgage Rate 7.12{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} +3.0 basis points
  

• Weekly Mortgage Applications 198,200 -1.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Weekly Retail Sales +3.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} +20.0 basis points
  
• OpenTable US Seated Diners {3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} Change YoY -4.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38} unch.
  
• Box Office Weekly Gross $172.4M +57.0{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• Nationwide Gas $3.53/gallon +.09/gallon

• Baltic Dry Index 2,240.0 unch.
• Drewry World Container Freight Index $3,009.7/40 ft Box -4.8{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

• China (Export) Containerized Freight Index 1,244.8 -2.6{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 45.0 unch.
  
• Truckstop.com Market Demand Index 54.33 -.15{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}

• Rail Freight Carloads 255,010 -1.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• TSA Total Traveler Throughput 2,677,627 +11.4{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

Best Performing Style

Worst Performing Style

Leading Sectors

• Disk Drives +4.9{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
• Gambling +4.2{3da602ca2e5ba97d747a870ebcce8c95d74f6ad8c291505a4dfd45401c18df38}
  

Lagging Sectors

Weekly High-Volume Stock Gainers (18)

• PHAT, WS, CDLX, HROW, YOU, ERJ, FDX, STVN, MYE, EH, URGN, AY, DBI, DFH, ATMU and AES
  

Weekly High-Volume Stock Losers (12)

• FIVE, PZZA, TMDX, ZGN, EPAM, NKE, ACIC, NMRA, AIR, BROS, LULU and TRML
  

ETFs

Stocks

*5-Day Change