QUICK SUMMARY

• Daily performance of US indices: S&P 500 down -1.90%; Nasdaq Composite down -2.78%; Wilshire 5000 down -1.88%
• 19.6% of S&P 500 stocks were up today, with 45.3% of stocks above their 200-day moving average (DMA) and 39.8% above their 50-DMA
• Top performing sectors in the S&P 500: energy up 2.79% and utilities up 0.01%
• Bottom performing sectors in the S&P 500: technology down -3.01% and consumer discretionary down -2.82%
• The number of shares in the S&P 500 traded today was 760m for a total turnover of US$ 94 bn
• The S&P 500 Value Index was down -1.0%, while the S&P 500 Growth Index was down -2.8%; the S&P small caps index was down -0.2% and mid-caps were down -1.3%
• The volume on CME's INX (S&P 500 Index) was 2.9m (3-month z-score: 0.7); the 3-month average volume is 2.5m and the 12-month range is 1.3 - 4.6m
• Daily performance of international indices: Europe Stoxx 600 down -0.59%; UK FTSE 100 down -0.15%; Hang Seng SH-SZ-HK 300 Index down -0.74%; Japan's TOPIX 500 up 0.52%

VOLATILITY

• 1-month at-the-money implied volatility on the S&P 500 at 22.7%, up from 20.1%
• 1-month at-the-money implied volatility on the Europe Stoxx 600 at 17.1%, up from 15.3%

NOTABLE US EARNINGS RELEASES

• Dominion Energy Inc (D | Utilities): missed EPS median estimate (0.90 act. vs. 0.91 est.) and missed revenue median estimate (3,880m act. vs. 4,020m est.), up 1.06% today, closed at $ 79.08 / share and traded at $ 78.76 (-0.40%) after hours
• Apollo Global Management Inc (APO | Financials): missed EPS median estimate (1.05 act. vs. 1.08 est.) and beat revenue median estimate (597m act. vs. 568m est.), down -5.74% today, closed at $ 65.67 / share and traded at $ 66.07 (+0.61%) after hours
• Ares Management Corp (ARES | Financials): beat EPS median estimate (0.85 act. vs. 0.72 est.) and missed revenue median estimate (667m act. vs. 675m est.), down -0.70% today, closed at $ 79.90 / share and traded at $ 79.90 (unchanged) after hours
• WP Carey Inc (WPC | Real Estate): missed EPS median estimate (0.57 act. vs. 0.60 est.) and beat revenue median estimate (375m act. vs. 330m est.), up 2.21% today, closed at $ 76.01 / share and traded at $ 76.00 (-0.01%) after hours
• Bruker Corp (BRKR | Healthcare): beat EPS median estimate (0.59 act. vs. 0.58 est.) and beat revenue median estimate (684m act. vs. 665m est.), down -4.45% today, closed at $ 68.55 / share and traded at $ 68.55 (unchanged) after hours
• Newell Brands Inc (NWL | Consumer Cyclicals): beat EPS median estimate (0.42 act. vs. 0.32 est.) and beat revenue median estimate (2,805m act. vs. 2,651m est.), up 11.07% today, closed at $ 24.39 / share and traded at $ 24.38 (-0.04%) after hours
• Cleveland-Cliffs Inc (CLF | Basic Materials): missed EPS median estimate (1.69 act. vs. 2.08 est.) and missed revenue median estimate (5,346m act. vs. 5,689m est.), down -9.69% today, closed at $ 18.92 / share and traded at $ 19.17 (+1.32%) after hours
• Neurocrine Biosciences Inc (NBIX | Healthcare): missed EPS median estimate (-0.08 act. vs. 0.66 est.) and missed revenue median estimate (312m act. vs. 313m est.), up 7.45% today, closed at $ 85.53 / share and traded at $ 85.25 (-0.33%) after hours
• Under Armour Inc (UAA | Consumer Cyclicals): beat EPS median estimate (0.14 act. vs. 0.06 est.) and beat revenue median estimate (1,529m act. vs. 1,466m est.), down -12.49% today, closed at $ 17.51 / share and traded at $ 17.48 (-0.17%) after hours

TOP WINNERS

• Mr Cooper Group Inc (COOP), up 19.2% to $49.22 / YTD price return: +18.3% / 12-Month Price Range: $ 28.64-45.27 / Short interest (% of float): 3.4%; days to cover: 3.0
• Sundial Growers Inc (SNDL), up 18.5% to $.66 / YTD price return: +14.6% / 12-Month Price Range: $ .40-3.96 / Short interest (% of float): 12.1%; days to cover: 3.1
• Carpenter Technology Corp (CRS), up 16.7% to $38.73 / YTD price return: +32.7% / 12-Month Price Range: $ 26.84-49.20 / Short interest (% of float): 3.4%; days to cover: 3.5
• Vimeo Inc (VMEO), up 15.2% to $12.95 / YTD price return: -27.9% / 12-Month Price Range: $ 9.20-58.00 / Short interest (% of float): 2.3%; days to cover: 1.6
• IONQ Inc (IONQ), up 14.0% to $16.82 / YTD price return: +.7% / 12-Month Price Range: $ 7.07-35.90
• Peabody Energy Corp (BTU), up 13.9% to $17.02 / YTD price return: +69.0% / 12-Month Price Range: $ 2.61-19.83 / Short interest (% of float): 6.5%; days to cover: 1.7
• Zillow Group Inc (Z), up 13.5% to $55.40 / YTD price return: -13.2% / 12-Month Price Range: $ 44.80-208.11
• LSB Industries Inc (LXU), up 13.2% to $12.67 / YTD price return: +14.7% / 12-Month Price Range: $ 2.75-11.88 / Short interest (% of float): 0.5%; days to cover: 1.7
• Kosmos Energy Ltd (KOS), up 12.8% to $4.86 / YTD price return: +40.5% / 12-Month Price Range: $ 1.80-5.09 / Short interest (% of float): 5.5%; days to cover: 2.4
• Zillow Group Inc (ZG), up 12.7% to $53.92 / YTD price return: -13.3% / 12-Month Price Range: $ 44.08-212.40 / Short interest (% of float): 5.7%; days to cover: 4.0

BIGGEST LOSERS

• Senseonics Holdings Inc (SENS), down 33.7% to $2.42 / YTD price return: -9.4% / 12-Month Price Range: $ 1.62-5.56 / Short interest (% of float): 19.6%; days to cover: 8.1 (the stock is currently on the short sale restriction list)
• Goodyear Tire & Rubber Co (GT), down 27.4% to $15.78 / YTD price return: -26.0% / 12-Month Price Range: $ 13.45-24.89 / Short interest (% of float): 3.6%; days to cover: 2.7 (the stock is currently on the short sale restriction list)
• Tritium Dcfc Ltd (DCFC), down 23.2% to $10.24 / YTD price return: +2.7% / 12-Month Price Range: $ 6.42-19.75 / Short interest (% of float): 0.7%; days to cover: 1.2 (the stock is currently on the short sale restriction list)
• IAA Inc (IAA), down 22.2% to $35.67 / YTD price return: -29.5% / 12-Month Price Range: $ 41.37-64.55 / Short interest (% of float): 2.1%; days to cover: 3.4 (the stock is currently on the short sale restriction list)
• Confluent Inc (CFLT), down 21.9% to $57.18 / YTD price return: -25.0% / 12-Month Price Range: $ 37.71-94.97 / Short interest (% of float): 15.6%; days to cover: 4.0 (the stock is currently on the short sale restriction list)
• EQRx Inc (EQRX), down 21.6% to $3.26 / YTD price return: -52.2% / 12-Month Price Range: $ 3.83-11.10 / Short interest (% of float): 1.6%; days to cover: 7.9 (the stock is currently on the short sale restriction list)
• Affirm Holdings Inc (AFRM), down 20.7% to $46.55 / YTD price return: -53.7% / 12-Month Price Range: $ 46.50-176.65 / Short interest (% of float): 6.6%; days to cover: 1.1 (the stock is currently on the short sale restriction list)
• Freshworks Inc (FRSH), down 18.0% to $18.41 / YTD price return: -29.9% / 12-Month Price Range: $ 18.52-53.36 / Short interest (% of float): 20.1%; days to cover: 4.8 (the stock is currently on the short sale restriction list)
• Blackline Inc (BL), down 15.8% to $76.73 / YTD price return: -25.9% / 12-Month Price Range: $ 81.54-152.44 / Short interest (% of float): 9.0%; days to cover: 9.8 (the stock is currently on the short sale restriction list)
• Chemours Co (CC), down 15.4% to $30.00 / YTD price return: -10.6% / 12-Month Price Range: $ 23.30-38.87 / Short interest (% of float): 4.8%; days to cover: 6.4 (the stock is currently on the short sale restriction list)

VALUATION MULTIPLES BY SECTORS

US COMPANIES REPORTING EARNINGS NEXT WEEK

PERFORMANCE OF TOP GLOBAL MARKETS THIS WEEK