DAILY SUMMARY

• Daily performance of US indices: S&P 500 down -3.37%; Nasdaq Composite down -3.94%; Wilshire 5000 down -3.35%
• Just 1.0% of S&P 500 stocks were up today, with 34.0% of stocks above their 200-day moving average (DMA) and 63.4% above their 50-DMA
• Top performing sectors in the S&P 500: energy down -1.07% and utilities down -1.54%
• Bottom performing sectors in the S&P 500: technology down -4.28% and consumer discretionary down -3.88%
• The number of shares in the S&P 500 traded today was 633m for a total turnover of US$ 66 bn
• The S&P 500 Value Index was down -2.7%, while the S&P 500 Growth Index was down -4.0%; the S&P small caps index was down -3.2% and mid caps were down -3.0%
• The volume on CME's INX (S&P 500 Index) was 2,113.4m (3-month z-score: -0.4); the 3-month average volume is 2,293.8m and the 12-month range is 1,340.2 - 4,692.3m
• Daily performance of international indices: Europe Stoxx 600 down -1.68%; UK FTSE 100 down -0.70%; Hang Seng SH-SZ-HK 300 Index up 0.33%; Japan's TOPIX 500 up 0.15%

VOLATILITY TODAY

• 1-month at-the-money implied volatility on the S&P 500 at 21.9%, up from 18.3%
• 1-month at-the-money implied volatility on the Euro Stoxx 50 at 22.4%, up from 20.4%

TOP S&P 500 PERFORMERS THIS WEEK

• Mosaic Co (MOS), up 15.4% to $61.77 / YTD price return: +57.2% / 12-Month Price Range: $ 30.58-79.25 / Short interest (% of float): 2.5%; days to cover: 1.7
• CF Industries Holdings Inc (CF), up 14.3% to $118.35 / YTD price return: +67.2% / 12-Month Price Range: $ 44.06-118.35 / Short interest (% of float): 2.8%; days to cover: 2.4
• APA Corp (US) (APA), up 11.1% to $40.18 / YTD price return: +49.4% / 12-Month Price Range: $ 17.55-51.95 / Short interest (% of float): 2.6%; days to cover: 1.1
• Marathon Oil Corp (MRO), up 7.0% to $26.16 / YTD price return: +59.3% / 12-Month Price Range: $ 11.02-33.23 / Short interest (% of float): 2.8%; days to cover: 1.3
• Hess Corp (HES), up 6.8% to $124.60 / YTD price return: +68.3% / 12-Month Price Range: $ 66.20-131.42 / Short interest (% of float): 2.5%; days to cover: 3.8
• Albemarle Corp (ALB), up 6.7% to $288.16 / YTD price return: +23.3% / 12-Month Price Range: $ 169.95-297.90 / Short interest (% of float): 2.2%; days to cover: 2.2
• Royal Caribbean Cruises Ltd (RCL), up 6.7% to $42.30 / YTD price return: -45.0% / 12-Month Price Range: $ 31.09-98.21 / Short interest (% of float): 9.4%; days to cover: 2.6
• Conocophillips (COP), up 6.6% to $112.12 / YTD price return: +55.3% / 12-Month Price Range: $ 54.43-124.07 / Short interest (% of float): 1.2%; days to cover: 2.3
• Pioneer Natural Resources Co (PXD), up 6.4% to $257.38 / YTD price return: +41.5% / 12-Month Price Range: $ 143.63-288.32 / Short interest (% of float): 2.4%; days to cover: 2.5
• Devon Energy Corp (DVN), up 6.2% to $72.77 / YTD price return: +65.2% / 12-Month Price Range: $ 27.41-79.40 / Short interest (% of float): 2.6%; days to cover: 1.5

BOTTOM S&P 500 PERFORMERS THIS WEEK

• Dollar Tree Inc (DLTR), down 17.3% to $138.70 / YTD price return: -1.3% / 12-Month Price Range: $ 84.26-177.14 / Short interest (% of float): 2.6%; days to cover: 3.2
• Advance Auto Parts Inc (AAP), down 16.1% to $173.59 / YTD price return: -27.6% / 12-Month Price Range: $ 164.27-244.51 / Short interest (% of float): 6.8%; days to cover: 6.7
• 3M Co (MMM), down 11.1% to $129.14 / YTD price return: -27.3% / 12-Month Price Range: $ 125.60-197.27 / Short interest (% of float): 1.8%; days to cover: 3.1
• Adobe Inc (ADBE), down 10.4% to $381.02 / YTD price return: -32.8% / 12-Month Price Range: $ 346.28-699.50 / Short interest (% of float): 1.2%; days to cover: 2.4
• Salesforce Inc (CRM), down 10.1% to $165.23 / YTD price return: -35.0% / 12-Month Price Range: $ 154.55-311.75 / Short interest (% of float): 1.3%; days to cover: 2.8
• VF Corp (VFC), down 9.6% to $41.16 / YTD price return: -43.8% / 12-Month Price Range: $ 41.16-78.88 / Short interest (% of float): 4.0%; days to cover: 4.6
• Stanley Black & Decker Inc (SWK), down 9.0% to $90.07 / YTD price return: -52.2% / 12-Month Price Range: $ 90.07-199.19 / Short interest (% of float): 3.1%; days to cover: 2.2
• NVIDIA Corp (NVDA), down 8.9% to $162.60 / YTD price return: -44.7% / 12-Month Price Range: $ 140.55-346.10 / Short interest (% of float): 1.3%; days to cover: 0.6
• Aptiv PLC (APTV), down 8.9% to $94.55 / YTD price return: -42.7% / 12-Month Price Range: $ 84.15-180.70 / Short interest (% of float): 2.0%; days to cover: 2.7
• Booking Holdings Inc (BKNG), down 8.4% to $1,910.96 / YTD price return: -20.4% / 12-Month Price Range: $ 1,670.01-2,713.86 / Short interest (% of float): 1.6%; days to cover: 1.6

VALUATION MULTIPLES BY SECTORS

WEEKLY TOTAL RETURNS OF MAJOR GLOBAL EQUITY MARKETS

TOP / BOTTOM PERFORMING WORLD MARKETS YTD

WORLD MARKET CAPITALIZATION (US$ Trillion)