DAILY SUMMARY

• Daily performance of US indices: S&P 500 down -1.05%; Nasdaq Composite down -1.69%; Wilshire 5000 down -1.16%
• 21.7% of S&P 500 stocks were up today, with 56.9% of stocks above their 200-day moving average (DMA) and 43.7% above their 50-DMA
• Top performing sectors in the S&P 500: materials up 0.65% and financials up 0.11%
• Bottom performing sectors in the S&P 500: real estate down -1.81% and technology down -1.77%
• The number of shares in the S&P 500 traded today was 604m for a total turnover of US$ 61 bn
• The S&P 500 Value Index Index was down -0.8%, while the S&P 500 Growth Index Index was down -1.3%; the S&P small caps index was down -1.0% and mid caps were down -0.8%
• The volume on CME's INX (S&P 500 Index) was 2180.2m (3-month z-score: -0.4); the 3-month average volume is 2,372.3m and the 12-month range is 903.0 - 5,089.5m
• Daily performance of international indices: Europe Stoxx 600 down -1.04%; UK FTSE 100 down -0.37%; Hang Seng SH-SZ-HK 300 Index down -1.39%; Japan's TOPIX 500 up 0.65%

US Equity Risk Premium | Source: Yardeni.com

VOLATILITY TODAY

• 3-month at-the-money implied volatility on the S&P 500 at 18.7%, up from 18.0%
• 3-month at-the-money implied volatility on the STOXX Europe 600 at 14.5%, up from 13.9%

NOTABLE US EARNINGS RELEASES IN THE WEEK AHEAD

S&P 500 EARNINGS DASHBOARD

S&P 500 TOP EARNINGS BEATS / MISSES

TOP WINNERS TODAY

• Bridger Aerospace Group Holdings Inc (BAER), up 78.7% to $7.90 / YTD price return: -22.0% / 12-Month Price Range: $ 3.26-25.90 / Short interest (% of float): 0.3%; days to cover: 0.2
• Decarbonization Plus Acquisition Corporation IV (DCRD), up 40.5% to $14.15 / 12-Month Price Range: $ 8.98-14.15
• AVITA Medical Inc (RCEL), up 36.5% to $12.37 / YTD price return: +87.4% / 12-Month Price Range: $ 4.41-12.37 / Short interest (% of float): 7.9%; days to cover: 5.5
• Danimer Scientific Inc (DNMR), up 27.5% to $2.55 / YTD price return: +42.5% / 12-Month Price Range: $ 1.57-6.78 / Short interest (% of float): 18.7%; days to cover: 13.2
• Universal Insurance Holdings Inc (UVE), up 20.3% to $15.04 / YTD price return: +42.0% / 12-Month Price Range: $ 8.29-15.04 / Short interest (% of float): 1.9%; days to cover: 2.4
• Intuitive Machines Inc (LUNR), up 18.2% to $24.00 / YTD price return: +140.0% / 12-Month Price Range: $ 8.55-136.00 / Short interest (% of float): 0.0%; days to cover: 0.0
• Zeta Global Holdings Corp (ZETA), up 18.1% to $10.70 / YTD price return: +31.0% / 12-Month Price Range: $ 4.09-13.46 / Short interest (% of float): 5.7%; days to cover: 9.4
• Multiplan Corp (MPLN), up 16.4% to $1.05 / YTD price return: -8.7% / 12-Month Price Range: $ 0.87-6.19 / Short interest (% of float): 6.4%; days to cover: 12.6 (the stock is currently on the short sale restriction list)
• Kratos Defense and Security Solutions Inc (KTOS), up 13.2% to $12.98 / YTD price return: +25.8% / 12-Month Price Range: $ 8.91-22.26 / Short interest (% of float): 2.1%; days to cover: 3.3
• Altair Engineering Inc (ALTR), up 12.3% to $63.54 / YTD price return: +39.7% / 12-Month Price Range: $ 43.17-68.85 / Short interest (% of float): 4.4%; days to cover: 9.8

BIGGEST LOSERS TODAY

• Fulcrum Therapeutics Inc (FULC), down 56.1% to $5.66 / YTD price return: -22.3% / 12-Month Price Range: $ 3.21-24.79 / Short interest (% of float): 6.0%; days to cover: 3.2 (the stock is currently on the short sale restriction list)
• Nektar Therapeutics (NKTR), down 49.7% to $1.49 / YTD price return: -34.1% / 12-Month Price Range: $ 1.49-11.39 / Short interest (% of float): 5.4%; days to cover: 7.1 (the stock is currently on the short sale restriction list)
• Genesis Growth Tech Acquisition Corp (GGAA), down 34.2% to $11.22 / YTD price return: +8.3% / 12-Month Price Range: $ 9.91-27.37 / Short interest (% of float): 0.0%; days to cover: 0.1 (the stock is currently on the short sale restriction list)
• Inogen Inc (INGN), down 31.4% to $15.89 / YTD price return: -19.4% / 12-Month Price Range: $ 15.89-36.30 / Short interest (% of float): 4.7%; days to cover: 5.6 (the stock is currently on the short sale restriction list)
• CS Disco Inc (LAW), down 29.7% to $6.59 / YTD price return: +4.3% / 12-Month Price Range: $ 5.56-38.50 (the stock is currently on the short sale restriction list)
• ContextLogic Inc (WISH), down 28.7% to $.51 / YTD price return: +4.6% / 12-Month Price Range: $ .44-2.58 / Short interest (% of float): 8.0%; days to cover: 2.4 (the stock is currently on the short sale restriction list)
• Vicor Corp (VICR), down 27.5% to $40.85 / YTD price return: -24.0% / 12-Month Price Range: $ 40.85-100.40 / Short interest (% of float): 6.3%; days to cover: 6.6 (the stock is currently on the short sale restriction list)
• Open Lending Corp (LPRO), down 23.2% to $6.64 / YTD price return: -1.6% / 12-Month Price Range: $ 6.11-21.12 / Short interest (% of float): 7.4%; days to cover: 10.4 (the stock is currently on the short sale restriction list)
• Carvana Co (CVNA), down 20.5% to $8.01 / YTD price return: +69.0% / 12-Month Price Range: $ 3.55-156.68 / Short interest (% of float): 56.9%; days to cover: 2.1 (the stock is currently on the short sale restriction list)
• Bigcommerce Holdings Inc (BIGC), down 19.2% to $9.15 / YTD price return: +4.7% / 12-Month Price Range: $ 7.75-26.25 / Short interest (% of float): 5.5%; days to cover: 3.7 (the stock is currently on the short sale restriction list)

TOP S&P 500 PERFORMERS THIS WEEK

• EQT Corp (EQT), up 11.1% to $34.73 / YTD price return: +2.7% / 12-Month Price Range: $ 21.33-51.95 / Short interest (% of float): 5.7%; days to cover: 3.2
• Coterra Energy Inc (CTRA), up 9.2% to $25.56 / YTD price return: +4.0% / 12-Month Price Range: $ 21.22-36.55 / Short interest (% of float): 3.7%; days to cover: 3.4
• NVIDIA Corp (NVDA), up 8.9% to $232.86 / YTD price return: +59.3% / 12-Month Price Range: $ 108.14-289.34 / Short interest (% of float): 1.7%; days to cover: 0.9
• Linde PLC (LIN), up 8.1% to $347.66 / YTD price return: +6.6% / 12-Month Price Range: $ 262.52-347.66 / Short interest (% of float): 1.0%; days to cover: 2.7
• ANSYS Inc (ANSS), up 7.6% to $291.34 / YTD price return: +20.6% / 12-Month Price Range: $ 194.42-328.67 / Short interest (% of float): 0.9%; days to cover: 1.9
• Diamondback Energy Inc (FANG), up 5.7% to $142.38 / YTD price return: +4.1% / 12-Month Price Range: $ 101.92-168.95 / Short interest (% of float): 2.6%; days to cover: 2.0
• General Mills Inc (GIS), up 5.0% to $80.64 / YTD price return: -3.8% / 12-Month Price Range: $ 61.69-88.32 / Short interest (% of float): 2.4%; days to cover: 3.9
• CF Industries Holdings Inc (CF), up 3.9% to $85.59 / YTD price return: +.5% / 12-Month Price Range: $ 75.43-119.57 / Short interest (% of float): 2.5%; days to cover: 1.8
• Intuit Inc (INTU), up 3.8% to $419.81 / YTD price return: +7.9% / 12-Month Price Range: $ 339.36-507.61 / Short interest (% of float): 0.9%; days to cover: 1.7
• Quanta Services Inc (PWR), up 3.7% to $160.64 / YTD price return: +12.7% / 12-Month Price Range: $ 97.52-168.27 / Short interest (% of float): 3.1%; days to cover: 4.9

BOTTOM S&P 500 PERFORMERS THIS WEEK

• Domino's Pizza Inc (DPZ), down 16.8% to $297.47 / YTD price return: -14.1% / 12-Month Price Range: $ 297.47-447.01 / Short interest (% of float): 4.1%; days to cover: 2.6 (the stock is currently on the short sale restriction list)
• Moderna Inc (MRNA), down 16.4% to $139.26 / YTD price return: -22.5% / 12-Month Price Range: $ 115.06-217.20 / Short interest (% of float): 4.1%; days to cover: 3.0
• Keysight Technologies Inc (KEYS), down 15.1% to $157.81 / YTD price return: -7.8% / 12-Month Price Range: $ 127.96-189.28 / Short interest (% of float): 1.7%; days to cover: 3.3
• Autodesk Inc (ADSK), down 12.5% to $192.53 / YTD price return: +3.0% / 12-Month Price Range: $ 163.20-234.99 / Short interest (% of float): 1.1%; days to cover: 2.0 (the stock is currently on the short sale restriction list)
• Charles River Laboratories International Inc (CRL), down 12.0% to $219.81 / YTD price return: +.9% / 12-Month Price Range: $ 181.37-308.00 / Short interest (% of float): 2.3%; days to cover: 2.3
• Nordson Corp (NDSN), down 10.5% to $220.32 / YTD price return: -7.3% / 12-Month Price Range: $ 195.06-251.24 / Short interest (% of float): 2.1%; days to cover: 3.5
• VF Corp (VFC), down 10.4% to $24.18 / YTD price return: -12.4% / 12-Month Price Range: $ 24.18-60.09 / Short interest (% of float): 4.9%; days to cover: 3.2
• Adobe Inc (ADBE), down 10.2% to $320.54 / YTD price return: -4.8% / 12-Month Price Range: $ 274.80-479.18 / Short interest (% of float): 1.1%; days to cover: 1.8
• Live Nation Entertainment Inc (LYV), down 10.0% to $68.78 / YTD price return: -1.4% / 12-Month Price Range: $ 65.08-126.79 / Short interest (% of float): 8.2%; days to cover: 6.6 (the stock is currently on the short sale restriction list)
• Epam Systems Inc (EPAM), down 9.5% to $306.03 / YTD price return: -6.6% / 12-Month Price Range: $ 168.81-462.72 / Short interest (% of float): 1.2%; days to cover: 2.1

VALUATION MULTIPLES BY SECTORS

WEEKLY TOTAL RETURNS OF MAJOR GLOBAL EQUITY MARKETS

TOP / BOTTOM PERFORMING WORLD MARKETS YTD

WORLD MARKET CAPITALIZATION (US$ Trillion)