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March 19, 2006

Week #11 (2006-03-18) in Review

The past four days was spent away from capital markets. And then again it was all about capital markets. It was all about putting plans in motion to build The Grand Bahama Board of Trade " a virtual United Nations complex of buildings, technology, and real-time access to all global markets.

Unfortunately I am too tired to talk about it. Meetings with all the senior officers of The Grand Bahama Port Authority, The Grand Bahama Development Company and Hutchison Whampoa Bahamas have exhausted me. Suffice to say, however, it was mission accomplished.

I returned tonight to Toronto with Michael HK Wong of MHKW Architects. Our trip was rushed because he is off for Beijing on Tuesday morning plus six cities across China, Hong Kong and Macau where he has major real estate developments underway.

By major, for example, I mean as big as they come. In Beijing, he will be working on his role as one of three architects selected to build the main sports stadium for the 2008 Summer Olympic Games.

In Bahamas, he will be designing a campus of some 40 buildings I intend to build to accommodate about 4,000 international traders and their families who will decide to join me trading from paradise. And Michael wants this to be his crowning achievement, and mine.

But, really, other than to say that The Grand Bahama Board of Trade will be one of a kind in the world, I'll have to discuss it some other day.

This Week In Review will be severely truncated. I need sleep more than I need to write.

A week ago I wrote: "I believe the equity markets are at a crossroads now that remind me in a way of 1999. The issues have been resolved: Does that great equity bear attack now or is it going to be impeded for a time by a mountain of paper money being printed by central bankers; To cut to the chafe, I think the equity markets are not yet ready to go bearish. I see (i) certain ones like Japan and the U.K. basing solidly, (ii) the U.S. markets going through a rolling bear with signs of accumulation on the dips, and (iii) hesitancy on the part of the commodities-sensitive markets like Canada, Brazil and Australia, but none with clear bear signals being given. If equity markets don't go bearish then - given that markets never flat-line - I think they are going higher, just like Dec-99."

And the markets went higher.

For now.


Global Market Summary

International Equities:

U.S. Equities : very strong

Dow 30 : 25 up and 5 down

U.S. Sector ETFs: 8 up and 2 down this week.
10: Energy (XLE): #1 " it's all about money printing
15: Basic Materials (XLB): #3 " it's all about money printing
20: Industrials (XLI): #2 " it's all about money printing
25: Cons. Discretionary (XLY):
30: Cons. Staples (XLP): #9 because of Procter & Gamble
35: Healthcare (IYH):
40: Financial (XLF):
45: Technology (SMH chips): #10 because of Intel
50: Telecom Services (IYZ):
55: Utilities (XLU):

Bonds: Bonds rallied

Commodities: Commodities rallied

Oil & Gas: Oil rallied

Gold: Gold rallied

Goldminers: Goldminers rallied

Forex: The Euro rallied, and $USD plunged


Sector ETF:

For the U.S. equity market, as you know, I study it top down by sector. Here is the weekly performance of my favorite ten Sector Index Funds.

The table is sorted by price performance Week over Week (W/W), i.e. 1W%N, but is otherwise unsorted.

For this week, there were 8 ETF's up and 2 down.

Symbol Close Net %Net 1W %Net 2W %Net 4W %Net YTD %Net 3M %Net 6M %Net Yr %Net
XLE 53.65 -0.85 -1.56% 4.40% -0.89% 1.92% 1.80% 5.05% 2.62% 23.65%
XLI 33.79 0.13 0.39% 2.86% 3.21% 4.29% 6.83% 6.69% 12.22% 10.24%
XLB 32.19 -0.20 -0.62% 2.81% 1.42% 1.61% 4.11% 8.02% 15.67% 4.04%
XLY 34.02 0.05 0.15% 1.98% 1.61% 0.56% 3.09% 1.83% 2.66% 1.07%
IYH 65.23 0.33 0.51% 1.54% 1.46% 0.48% 2.51% 3.47% 2.77% 12.70%
XLF 33.10 -0.08 -0.24% 1.41% 1.78% 1.66% 2.80% 3.50% 10.52% 13.05%
XLU 32.15 -0.32 -0.99% 1.39% -0.46% 0.44% 0.47% -0.50% -4.29% 9.09%
IYZ 25.83 -0.03 -0.12% 1.29% 2.66% 2.58% 12.45% 8.58% 7.62% 12.65%
XLP 23.96 -0.14 -0.58% -0.79% 1.74% 0.97% 2.22% 0.63% 3.81% 3.28%
SMH 35.55 -0.07 -0.20% -1.14% -6.30% -8.14% -6.25% -6.55% -3.63% 8.65%


10 (energy: XLE)

ETF Chart for Energy:XLE

15 (basic materials: XLB)ETF Chart for Basic Materials:XLB

20 (industrial: XLI)

ETF Chart for Industrial:XLI

25 (consumer discretionary: XLY)

ETF Chart for Energy:XLY

30 (consumer staples: XLP)

ETF Chart for Consumer Staples:XLP

35 (healthcare: IYH)

ETF Chart for Health Care:IYH

40 (financial: XLF)

ETF Chart for Financial:XLF

45 (technology, semiconductor: SMH)

ETF Chart for Technology, Semiconductor:SMH

50 (telecom: IYZ)

ETF Chart for Telecom:IYZ

55 (utilities: XLU)

ETF Chart for Utilities:XLU



Sector 10 (energy: XLE, IYE, VDE, OIH, PBW and IXC)

The Energy sector ETF (XLE) was very strong this week, up +4.40-pct to close at 53.65.


Here's the XLE Weekly, Daily and Hourly data charts:

XLE Weekly data:

XLE Weekly Data

XLE Daily data:

XLE Daily Data

XLE Hourly data:

XLE Hourly Data




Sector 15 (basic materials: IYM, XLB, IGE and VAW)


The Basic Materials sector ETF (XLB) was third strongest, up +2.81-pct W/W, to close at 32.19.

Here's the XLB Weekly, Daily and Hourly data charts:


XLB Weekly data:

XLB Weekly Data

XLB Daily data:

XLB Daily Data

XLB Hourly data:

XLB Hourly Data




Sector 20 (industrial: IYJ, XLI, VIS, and IYT)


The Industrials and Transport sector ETF (XLI) was 2nd strongest this week, up +2.86-pct, to close at 33.79. This tends to happen when the USD is way down (this week it was down -2.1-pct), which helps manufacturers/exporters, which helps shippers.

Here's the XLI Weekly, Daily and Hourly data charts:

XLI Weekly data:

XLI Weekly Data

XLI Daily data:

XLI Daily Data

XLI Hourly data:

XLI Hourly Data



Sector 25 (consumer discretionary: XLY, IYC and VCR)


The Consumer Discretionary sector ETF (XLY) was up +1.98-pct W/W to close at 34.02.

XLY usually gets knocked down every time it tries to climb above about $33.75. In fact there has been a long base pattern from Nov-05 between 33 and 33.75. So maybe this is a bullish sign. We'll wait a week to find out.

Looking back 18 months, XLY has had a series of lower highs in its cycles, going to 35.50 at end of Dec-04, down and then back to 35 in Jul-05, then down and back to 34 at end of Nov-05.


Here's the XLY Weekly, Daily and Hourly data charts:

XLY Weekly data:

XLY Weekly Data

XLY Daily data:

XLY Daily Data

XLY Hourly data:

XLY Hourly Data



Sector 30 (consumer staples: XLP, VDC, RTH and IYK)


This week XLP was the 2nd worst performing sector ETF, going down -0.79-pct W/W to 23.96.

But recall my words about XLP, which is a traditional safe haven: "There is no safe haven if interest rates rise unless dividends also rise commensurately."


Here's the XLP Weekly, Daily and Hourly data charts:

XLP Weekly data:


XLP Weekly Data

XLP Daily data:


XLP Daily Data


XLP Hourly data:


XLP Hourly Data



Sector 35 (healthcare: IYH, XLV, VHT, IXJ, and IBB)

IYH (Healthcare) was up +1.54-pct W/W to $65.23. I'm still not impressed.

I have noticed lower trading volume here in the Feb-Mar period. And the Weekly and Daily RSI (Relative Strength Index) is down, and the Hourly Data RSI is barely positive, which is not a good sign for the Bulls.

Moreover, the U.S. Congress has to get spending under control, and besides military spending, which cannot slow in the present circumstances, where else in the economy is spending out of control but within healthcare?

So I don't see broad market leadership in a possible rally coming from this sector at present.

Here's the IYH Weekly, Daily and Hourly data charts:


IYH Weekly data:


IYH Weekly Data

IYH Daily data:


IYH Daily Data

IYH Hourly data:


IYH Hourly Data


Sector 40 (financial: IYG, IYF, XLF, VFH, IXG, VNQ, RWR, IYR, and ICF)

XLF (Financials) was up +1.41-pct W/W to 33.10.

A week ago I wrote: "The yields on the U.S. Treasury's have been rising, and did break out to short-term cycle highs. That's one source of worry for the Financial sector Bulls."

Same old, same old.


Here's the XLF Weekly, Daily and Hourly data charts:

XLF Weekly data:

XLF Weekly Data

XLF Daily data:

XLF Daily Data

XLF Hourly data:

XLF Hourly Data


Sector 45 (technology: IGM, IGV, IGW, XLK, VGT, IYW, IGN, IXN, MTK and SMH)

The semiconductor industry ETF (SMH), which I use as a proxy for the computer and info tech sector, had another bad week. SMH was down -1.14-pct W/W to 35.55, which was the worst performer of these ten ETF's.

INTC was down another -1.56-pct W/W.

Here's the SMH Weekly, Daily and Hourly data charts:


SMH Weekly data:

SMH Weekly Data

SMH Daily data:

SMH Daily Data

SMH Hourly data:

SMH Hourly Data




Sector 50 (telecom: IYZ, VOX and IXP)

The Telecom services sector ETF (IYZ) was up +1.29-pct W/W to close Friday at 25.83.

The name of the game here is mergers & acquisitions, although legacy technology does not add up to much when combined with more of the same.

Here's the IYZ Weekly, Daily and Hourly data charts:


IYZ Weekly data:

IYZ Weekly Data

IYZ Daily data:

IYZ Daily Data

IYZ Hourly data:

IYZ Hourly Data




Sector 55 (utilities: IDU, XLU, and VPU)


The Utilities sector ETF (XLU) needs lower interest rates (and bond yields) plus economic growth, to perform well. This week, XLU was up +1.39-pct to 32.15.

XLU is not on my favorites list in this economic/business climate.


Here's the XLU Weekly, Daily and Hourly data charts:

XLU Weekly data:


XLU Weekly Data

XLU Daily data:

XLU Daily Data

XLU Hourly data:

XLU Hourly Data



Bonds:


Bonds rallied and yields dropped (a lot) this week. Very unusual, and unexpected, I think. But I have been pointing you to the oversold bond RSI technical indicators. You have to watch these closely.


Weekly data charts:

TNX0X Weekly Data

IRX0X Weekly Data

Daily data charts:

TNX0X Daily Data

IRX0X Daily Data

Hourly data charts:

TNX0X Daily Data

IRX0X Daily Data

US Treasury Bonds
Maturity Yield Yesterday Last Week Last Month
3 Month 4.50 4.48 4.48 4.42
6 Month 4.59 4.58 4.60 4.51
2 Year 4.63 4.61 4.73 4.69
3 Year 4.63 4.62 4.79 4.66
5 Year 4.61 4.59 4.76 4.59
10 Year 4.67 4.64 4.75 4.60
30 Year 4.71 4.69 4.74 4.57
Municipal Bonds
Maturity Yield Yesterday Last Week Last Month
2yr AA 3.43 3.41 3.42 3.32
2yr AAA 3.43 3.42 3.43 3.31
2yr A 3.51 3.50 3.48 3.55
5yr AAA 3.55 3.56 3.55 3.48
5yr AA 3.58 3.59 3.59 3.50
5yr A 3.62 3.64 3.64 3.55
10yr AAA 3.79 3.84 3.82 3.76
10yr AA 3.77 3.81 3.81 3.75
10yr A 3.94 3.93 3.88 3.84
20yr AAA 4.14 4.18 4.18 4.14
20yr AA 4.12 4.17 4.18 4.19
20yr A 4.16 4.22 4.23 4.26
Corporate Bonds
Maturity Yield Yesterday Last Week Last Month
2yr AA 5.03 5.01 5.13 5.06
2yr A 5.14 5.10 5.20 5.11
5yr AAA 5.14 5.12 5.25 5.10
5yr AA 5.24 5.21 5.38 5.19
5yr A 5.28 5.25 5.39 5.24
10yr AAA 5.56 5.53 5.60 5.40
10yr AA 5.51 5.48 5.58 5.41
10yr A 5.53 5.50 5.58 5.43
20yr AAA 5.85 5.83 5.81 5.72
20yr AA 6.25 6.20 6.26 6.06
20yr A 6.06 6.01 6.08 5.92

Interest rates and bond yields.


Bond Yields Curve


US Bond Funds -- Monthly Data Charts


SHY Monthly data series chart:
US Bond Funds - Monthly Data For SHY

IEF Monthly data series chart:
US Bond Funds - Monthly Data For IEF

TLT Monthly data series chart:
US Bond Funds - Monthly Data For TLT

AGG Monthly data series chart:
US Bond Funds - Monthly Data For AGG

LQD Monthly data series chart:
US Bond Funds - Monthly Data For LQD

TIP Monthly data series chart:
US Bond Funds - Monthly Data For TIP

US Bond Funds -- Weekly Data Charts


SHY Weekly data series chart:
US Bond Funds - Weekly Data For SHY

IEF Weekly data series chart:
US Bond Funds - Weekly Data For IEF

TLT Weekly data series chart:
US Bond Funds - Weekly Data For TLT

AGG Weekly data series chart:
US Bond Funds - Weekly Data For AGG

LQD Weekly data series chart:
US Bond Funds - Weekly Data For LQD

TIP Weekly data series chart:
US Bond Funds - Weekly Data For TIP


US Bond Funds -- Daily Data Charts


SHY Daily data series chart:
US Bond Funds - Daily Data For SHY

IEF Daily data series chart:
US Bond Funds - Daily Data For IEF

TLT Daily data series chart:
US Bond Funds - Daily Data For TLT

AGG Daily data series chart:
US Bond Funds - Daily Data For AGG

LQD Daily data series chart:
US Bond Funds - Daily Data For LQD

TIP Daily data series chart:
US Bond Funds - Daily Data For TIP


US Bond Funds -- Hourly Data Charts


SHY Hourly data series chart:
US Bond Funds - Hourly Data For SHY

IEF Hourly data series chart:
US Bond Funds - Hourly Data For IEF

TLT Hourly data series chart:
US Bond Funds - Hourly Data For TLT

AGG Hourly data series chart:
US Bond Funds - Hourly Data For AGG

LQD Hourly data series chart:
US Bond Funds - Hourly Data For LQD

TIP Hourly data series chart:
US Bond Funds - Hourly Data For TIP


Consumer Finance -USA -- Weekly Data Charts

Consumer Finance -USA- Weekly Data Charts CIT

Consumer Finance -USA- Weekly Data Charts CFC

Consumer Finance -USA- Weekly Data Charts FNM

Consumer Finance -USA- Weekly Data Charts FRE

Consumer Finance -USA- Weekly Data Charts SLM

Consumer Finance -USA -- Daily Data Charts

Consumer Finance -USA- Daily Data Charts CIT

Consumer Finance -USA- Daily Data Charts CFC

Consumer Finance -USA- Daily Data Charts FNM

Consumer Finance -USA- Daily Data Charts FRE

Consumer Finance -USA- Daily Data Charts SLM

Consumer Finance -USA -- Hourly Data Charts

Consumer Finance -USA- Hourly Data Charts CIT

Consumer Finance -USA- Hourly Data Charts CFC

Consumer Finance -USA- Hourly Data Charts FNM

Consumer Finance -USA- Hourly Data Charts FRE

Consumer Finance -USA- Hourly Data Charts SLM




Commodities:


A huge rally occurred this week as $CRB went higher by +2.01-pct to 325.83.

Weekly CRB Commodities Index:


CRB Commodities Index - Weekly Chart

Daily CRB Commodities Index:

CRB Commodities Index - Daily Chart


The biggest driver to higher commodity prices and a weaker dollar was crude oil, which rallied ($WTIC) by +3.82-pct W/W to 64.20.

Weekly Crude Oil:

Crude Oil- Weekly Chart

Daily Crude Oil:

Crude Oil- Daily Chart


A week ago I wrote: "If there ever is a WW3, can you imagine how valuable the western Canadian tar sands would be?"

I suppose my timing as impeccable, but I haven't looked to see. Besides this is a long-term play.


Integrated Oil & Gas - Canada


Oil & Gas Exploration & Production -Canada


Gold:

A week ago, I wrote: "$GOLD initially traded up just +$3.32 (not the $10 that I had forecasted), and then plunged -$34.38 from the intraweek high to a 2006 low of $534.20, closing Friday at $541.95, down -$23.31 W/W; Some people are even calling it the end of the precious metals rally. Bill Cara is not; In fact, Bill Cara is calling that $534.20 for $GOLD the low for all of 2006."

I then proceeded to give you all the yada yada that so-called experts were telling you were signaling bad things for gold and the other precious and base metals. And then I asked you to stop listening to those jerks.

Enough said.

Actually I will rub it in. I also wrote: "Oh no, you can fool me once, shame on you, but fool me twice, shame on me, and the point is that I have been around a few years at this gold trading game, and I don't get fooled too often."

This week, $GOLD was up +2.26-pct to 554.20. Thank you.


Weekly Gold EOD Continuous Contract Index:

GOLD EOD Continuous Contract Index - Weekly Chart


Daily Gold EOD Continuous Contract Index:

GOLD EOD Continuous Contract Index- Daily Chart

This interactive chart shows the recent trading for the Gold Bullion index.


$SILVER was up +4.00-pct W/W to 10.34. The coming SLV ETF is a major driver.


Weekly Silver EOD Continuous Contract Index:

SILVER EOD Continuous Contract Index - Weekly Chart


Daily Silver EOD Continuous Contract Index:

SILVER EOD Continuous Contract Index- Daily Chart

This interactive chart shows the recent trading for the Silver Bullion index.


The Platinum near contract ($PLAT) was up +2.17-pct W/W to 1038.50.

Weekly Platinum EOD Continuous Contract Index:

PLAT EOD Continuous Contract Index - Weekly Chart


Daily Platinum EOD Continuous Contract Index:

PLAT EOD Continuous Contract Index- Daily Chart

This interactive chart shows the recent trading for the Platinum metal index.


The Palladium near contract ($PALL) jumped up +10.56-pct to 319.30. Almost 11 pct in a single week! No bear market here.

Weekly Palladium EOD Continuous Contract Index:

PALL EOD Continuous Contract Index - Weekly Chart


Daily Palladium EOD Continuous Contract Index:

PALL EOD Continuous Contract Index- Daily Chart

This interactive chart shows the recent trading for the Palladium metal index.



$COPPER also jumped higher, going +6.75-pct W/W to 235.33. That is huge!

Weekly Copper EOD Continuous Contract Index:

COPPER EOD Continuous Contract Index - Weekly Chart


Daily Copper EOD Continuous Contract Index:

COPPER EOD Continuous Contract Index- Daily Chart

This interactive chart shows the recent trading for the Copper metal index.


For that you will have to monitor the individual stock charts, as follows:


AAUK NEM ABX AU GFI GG HMY GLG KGC BVN
15-minute data
60-minute data
Daily data
Weekly data


MDG LIHRY AEM BGO IAG EGO PAAS GOLD CDE GRS
15-minute data
60-minute data
Daily data
Weekly data


CBJ SSRI RGLD SIL NG KRY HL TSE_HRG TSE_GUY TSE_AGI
15-minute data
60-minute data
Daily data
Weekly data


NXG GSS MNG DROOY MFN RNO RANGY MRB CLG GRZ
15-minute data
60-minute data
Daily data
Weekly data


Here are the Weekly and Daily Data charts of the indexes:


Weekly U.S. Goldminers Index:

Weekly U.S. Goldmines Index - Weekly Chart


Daily U.S. Goldminers Index:

Daily U.S. Goldminers Index - Daily Chart


Here are the Weekly, Daily and Hourly data charts for the TSX Goldshares (XGD) index:


XGD Weekly data:

XGD Weekly Data Chart

XGD Daily data:

XGD Daily Data Chart

XGD Hourly data:

XGD Hourly Data Chart

The XGD was up +2.96-pct and the $XAU was up +3.90-pct W/W. These are very strong gains.



Forex:


The trade-weighted $USD index dropped a lot this week. It was down -2.08-pct! Which explains the higher commodity prices.


Weekly U.S. Dollar Index:


Weekly U.S. Dollar Index - Weekly Chart


Daily U.S. U.S. Dollar Index:


Daily U.S. Dollar Index - Weekly Chart


Weekly Euro Dollar Index, priced in USD:

Weekly Euro Dollar Index - Priced in USD

Daily Euro Dollar Index, priced in USD:

Daily Euro Dollar Index - Priced in USD



International Equities:


Japanese equity market ETF: EWJ


The EWJ was up +2.19-pct W/W to 13.98, and clearly has a rising trendline. The support is a rising Yuan, which helps the Chinese purchase more goods from Japanese exporters.

Here is the Japanese (EWJ) equity market ETF Weekly, Daily and Hourly data charts:


EWJ Weekly data:


Weekly EWJ


EWJ Daily data:

Daily EWJ

EWJ Hourly data:

Hourly EWJ



U.K. equity market ETF: EWU


EWU has a rising trendline and a positive RSI on the Weekly Data chart. This week EWU was up +3.24-pct to 20.40.


Here is the United Kingdom (EWU) equity market ETF Weekly, Daily and Hourly data charts:


EWU Weekly data:


Weekly EWU Data

EWU Daily data:


Daily EWU Data

EWU Hourly data:


Hourly EWU Data


The Canadian market ETF (EWC) was up +1.55-pt W/W to 23.52. Higher commodity prices helped a lot.

Canadian equity market ETF: EWC

Here is the Canadian (EWC) equity market ETF Weekly, Daily and Hourly data charts:


EWC Weekly data:


Weekly EWC Data

EWC Daily data:


Daily EWC Data


EWC Hourly data:


Hourly EWC Data

(Japan, Taiwan, Hong Kong, Singapore)

(U.K., Germany, France, Italy)

(Canada, Mexico, Brazil, Australia).


U.S. Equities:

Here is the Monthly data chart of the Nasdaq Composite, S&P 500, Dow30, and Russell 2000 (small cap) indexes.


Monthly Nasdaq Composite Data

Monthly S&P 500 Data

Monthly Dow 30 Data

Monthly Russell 2000 Data

Here is the Weekly data chart of the Nasdaq Composite, S&P 500, Dow30, and Russell 2000 (small cap) indexes.


Weekly Nasdaq Composite Data

Weekly S&P 500 Data

Weekly Dow 30 Data

Weekly Russell 2000 Data


Here is the Daily data chart of the Nasdaq Composite, S&P 500, Dow30, and Russell 2000 (small cap) indexes.

Daily Nasdaq Composite Data

Daily S&P 500 Data

Daily Dow 30 Data

Daily Russell 2000 Data

Here is the Hourly data chart of the Nasdaq Composite, S&P 500, Dow30, and Russell 2000 (small cap) indexes.


Hourly Nasdaq Composite Data

Hourly S&P 500 Data

Hourly Dow 30 Data

Hourly Russell 2000 Data


The following table shows the weekly price performance of the Dow 30 stocks, which I sorted by 1-week price change. There were 25 Dow stocks up, and 5 down on the week.

Symbol Close Net %Net 1W %Net 2W %Net 4W %Net YTD %Net 3M %Net 6M %Net Yr %Net
CAT 76.23 1.33 1.78% 7.44% 2.17% 5.93% 31.89% 27.82% 32.07% 57.50%
HD 42.96 0.21 0.49% 4.15% 1.80% 2.63% 4.17% 1.08% 7.67% 10.41%
BA 77.85 1.12 1.46% 4.09% 6.08% 7.31% 10.68% 10.04% 20.14% 36.84%
DD 42.56 -0.08 -0.19% 4.06% 3.80% 2.50% -1.16% 0.14% 5.06% -17.49%
HPQ 34.16 0.30 0.89% 3.55% 2.71% 0.41% 18.73% 18.12% 20.54% 67.62%
MMM 74.79 -0.10 -0.13% 3.42% 2.62% 2.38% -5.46% -2.98% 1.96% -13.00%
XOM 61.05 -0.59 -0.96% 3.16% 0.11% 1.33% 4.41% 5.15% -4.16% -0.72%
AA 30.11 -0.12 -0.40% 3.01% -0.95% -0.86% 0.70% 6.66% 12.86% -4.59%
WMT 46.69 0.33 0.71% 3.00% 3.00% 0.13% 1.00% -5.24% 6.43% -10.78%
GE 34.51 0.13 0.38% 2.56% 4.39% 3.48% -2.43% -4.30% 0.12% -2.43%
MRK 35.64 0.36 1.02% 2.53% 1.28% -0.94% 8.82% 18.76% 23.32% 12.36%
JNJ 60.34 0.32 0.53% 2.20% 4.99% 2.31% -2.09% -0.85% -7.43% -9.93%
IBM 83.30 0.43 0.52% 2.12% 4.18% 2.95% 1.51% -0.08% 3.70% -7.30%
AIG 68.82 -0.42 -0.61% 1.73% 5.10% 0.94% -1.15% 5.63% 12.27% 13.19%
DIS 28.64 -0.04 -0.14% 1.70% 1.49% 5.88% 17.38% 15.95% 18.79% 0.95%
UTX 58.80 0.57 0.98% 1.69% 1.62% 1.03% 4.02% 1.33% 14.44% 14.87%
HON 42.76 0.17 0.40% 1.47% 2.49% 2.84% 14.15% 12.88% 8.83% 11.27%
MCD 35.10 0.04 0.11% 1.30% 0.72% -3.49% 4.71% 1.01% 2.51% 10.38%
MSFT 27.50 0.26 0.95% 1.21% 2.12% 2.57% 2.46% 2.23% 5.49% 12.06%
PFE 26.39 0.34 1.31% 1.19% 0.69% 2.25% 10.98% 16.87% 1.89% 1.46%
C 47.41 0.09 0.19% 0.89% 3.24% 2.09% -3.81% -3.97% 4.40% 0.36%
AXP 54.65 0.53 0.98% 0.77% 1.67% 0.31% 3.94% 5.24% -8.09% 4.19%
JPM 41.40 0.08 0.19% 0.66% -0.46% 1.42% 3.01% 4.05% 18.32% 14.52%
VZ 34.41 -0.11 -0.32% 0.64% 2.47% -0.41% 13.27% 12.86% 4.88% -2.27%
KO 42.79 0.10 0.23% 0.05% 2.37% 2.89% 4.62% 3.83% -1.41% 1.88%
MO 73.55 -0.35 -0.47% -0.42% 2.00% 0.48% -1.91% -4.88% 0.56% 13.33%
T 27.00 -0.11 -0.41% -0.84% -3.54% -5.10% 9.27% 8.17% 11.43% 15.38%
INTC 19.54 -0.11 -0.56% -1.56% -3.84% -8.48% -23.58% -25.93% -21.24% -16.53%
GM 21.13 -1.09 -4.91% -2.49% 9.99% -5.16% 11.80% -3.47% -34.94% -25.47%
PG 59.10 -0.29 -0.49% -5.06% -0.96% -2.68% 0.54% 1.70% 5.63% 12.04%

You can do this table yourself by entering the following string into your browser and then clicking on the link for Performance.

AA AIG AXP BA C CAT DD DIS GE GM HD HON HPQ IBM INTC JNJ JPM KO MCD MMM MO MRK MSFT PFE PG T UTX VZ WMT XOM

After you bring up the list, click on the Performance tab. To sort for the relative price performance for any recent period, you just need to click on the column header of the period that interests you.

The Dow 30 winners this past 5 days:

The Dow 30 losers this past 5 days:

Here are the links to interactive Dow charts from Investertech.com that I broke into groups of ten, which you can add technical indicators for as well. (list one) (list two) (list three)

This week's new Value Line report for the Dow 30 components is Exxon Mobil (NYSE: XOM).

(AA) (AA) (Here is the Jan. 20 Value Line report on AA: next one is due Apr. 21)

(AIG) (AIG) (Here is the Feb. 25 Value Line report on AIG: next one is due May 26)

(AXP) (AXP) (Here is the Feb. 25 Value Line report on AXP: next one is due May 26)

(BA) (BA) (Here is the Dec. 23 Value Line report on BA: next one is due Mar. 24)

(C) (C) (Here is the Feb. 25 Value Line report on C: next one is due May 26)

(CAT) (CAT) (Here is the Jan. 27 Value Line report on CAT: next one is due Apr. 28)

(DD) (DD) ( Here is the Jan. 20 Value Line report on DD: next one is due Apr. 21)

(DIS) (DIS) (Here is the Feb. 18 Value Line report on DIS: next one is due May 19)

(GE) (GE) ( Here is the Jan. 13 Value Line report on GE: next one is due Apr. 14)

(GM) (GM) Here is the Mar. 3 Value Line report on GM: next one is due Jun. 2)

(HD) (HD) (Here is the Jan. 6 Value Line report on HD: next one is due Apr. 8)

(HON) (HON) (Here is the Jan. 27 Value Line report on HON: next one is due Apr. 28)

(HPQ) (HPQ) (Here is the Jan. 13 Value Line report on HPQ: next one is due Apr. 14)

(IBM) (IBM) ( Here is the Jan. 13 Value Line report on IBM: next one is due Apr. 14)

(INTC) (INTC) ( Here is the Jan. 13 Value Line report on INTC: next one is due Apr. 14)

(JNJ) (JNJ) Here is the Mar. 3 Value Line report on JNJ: next one is due Jun. 2)

(JPM) (JPM) Here is the Feb. 25 Value Line report on JPM: next one is due May 26)

(KO) (KO) (Here is the Feb. 3 Value Line report on KO: next one is due May 5)

(MCD) (MCD) (Here is the Mar. 10 Value Line report on MCD: next one is due Jun. 9)

(MMM) (MMM) (Here is the Feb. 18 Value Line report on MMM: next one is due May 19)

(MO) (MO) (Here is the Feb. 3 Value Line report on MO: next one is due May 5)

(MRK) (MRK) ( Here is the Jan. 20 Value Line report on MRK: next one is due Apr. 21)

(MSFT) (MSFT) (Here is the Feb. 25 Value Line report on MSFT: next one is due May 26)

(PFE) (PFE) (Here is the Jan. 20 Value Line report on PFE: next one is due Apr. 21)

(PG) (PG) (Here is the Jan. 6 Value Line report on PG: next one is due Apr. 8)

(SBC/T) (SBC/T) (Here is the Dec. 30 Value Line report on T: next one is due Mar. 31)

(UTX) (UTX) (Here is the Jan. 27 Value Line report on UTX: next one is due Apr. 28)

(VZ) (VZ) (Here is the Dec. 30 Value Line report on VZ: next one is due Mar. 31)

(WMT) (WMT) (Here is the Feb. 11 Value Line report on WMT: next one is due May 12)

(XOM) (XOM) (Here is the Mar. 17 Value Line report on XOM: next one is due Jun. 16)


Wrap up:

Oh, it's been a day. Time to get some sleep. Hope my typos and missed edits are somewhat bearable.

BCara@BillCara.com

Posted by Posted by Bill Cara on March 19, 2006 11:52:05 PM | Category: Cara Week in Review

Discourse

That's great news and a really grand project.

Posted by: Fred [TypeKey Profile Page] at March 20, 2006 1:47 AM [link]

Bill-

Sounds like a great trip!

Here is what I am looking at on gold. The price chart had been in an uptrend since November, but the uptrend channel on the chart could be interpreted as broken when the price fell to $534.50 (intra day) on Friday the 10th. The chart is now showing a pattern of both lower highs and lower lows, i.e., the price hit a high of near $580 on February 2, then fell to a low of $538 on February 16, than rallied to a high of $575 on March 2 but then fell back to lower low at $534 last week. It has now rallied to $555, not enough to conclude that its downtrend pattern has been broken. RSI is neither overbought nor oversold (51) but the ROC has slowed indicating resistance here. ADX is showing that the trend is decelerating. Price action was very compressed Wed-Fri. Volumes are low and below their long term MA, have improved this week, but are not exactly bullish. MACD is turning up but is in bearish territory. All in all, I'd say we are at a crossroads here (technically) and I would not be surprised at ST continuation of a choppy rally. Until we get some higher closes, the chart still indicates the intermediate trend as down. Of course, all the fundamentals favor gold LT and that is why I am long.

Glad you are back.

Posted by: MarkM [TypeKey Profile Page] at March 20, 2006 1:58 AM [link]

Okay, gold so far very choppy as ADX indicated. Early high (spot) near 556 then dropped to 550 level and now recovered. I will be looking to see which way this closes for clue as to trend. Friday low was 552.50 (April)I believe. (And yes my earlier post really was at 1:58am!)

Posted by: MarkM [TypeKey Profile Page] at March 20, 2006 9:56 AM [link]

ENOUGH WITH THE DEATH THREATS! LOL

I am sorry about the call on crude oil! :)

Watch the miners here.

Posted by: MarkM [TypeKey Profile Page] at March 20, 2006 2:41 PM [link]