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December 20, 2007

Daily Report for Thu, Dec 20, 2007

Markets Re-cap

The DJIA (-25.20), S&P 500 (-1.98), and Nasdaq Composite (+4.98) closed down after it was reported that rating agencies were continuing to revise down the financial strength of bond insurer companies like ACA Capital (ACAH.PK), AMBAC (ABK) and MBIA (MBI).

The Consumer Discretionary sector (XLY – 0.90 pct) was worst hit.

But prices at the close finished mixed as Energy (XLE +0.96 pct) and Consumer Staples (XLP +0.84 pct) led a 2pm recovery.

The big news of the day was that Morgan Stanley (MS) (i) posted a 4Q loss of $3.59 billion vs net income of $2.21 billion a year earlier, and (ii) announced a sale of $5 billion in stock to China's Sovereign Wealth Fund (SWF).

Also on the earnings front, General Mills (GIS) reported a +1.3 pct lift in fiscal 2Q net income to $391 million vs $385 million a year earlier, despite higher grain costs.

After the close, Oracle Corp (ORCL) reported 2Q income jumped +34 pct to $1.3 billion vs $967 million a year earlier. Both the revenue and income figures were well above estimates.

But all is not well in the technology industry in the US. Gartner is reporting that corporate technology sales will be up +8.0 pct for 2007, but only +5.5 pct in 2008. With inflation, the per share profits will no longer be in the high teens – unless of course these companies buy back huge amounts of common stock.

On the deal’s front today, it appears that Navistar will buy the truck division of General Motors.

Foreclosure filings in the US in November soared +68 pct Y/Y, but were down -10 pct M/M. There are some people who now believe foreclosures have hit a high-water mark, although others scoff at that suggestion. Even Ireland today is reporting problems in its housing market, and that is certainly the case in Britain.

After the weekly US Department of Energy report showed lower inventory estimates, Crude Oil contracts closed +$1.42/bbl higher at $91.50.

The $USD gained against the Euro, following the ECB move to lend about one-half a trillion dollars at low rates to any European bank that requested the funds, through the end of the year. Today there are reports that the ECB will not be able to stop the inflation, meaning that they will have to tow the line with the BoE and Fed in continuing to work liquidity back into the system to alleviate the pressure on banks that cannot borrow short-term funds to meet obligations as they come due.

This crisis among banks facing liquidity issues and financial losses is the worst since 1981. Today, like Morgan Stanley, another major play in the bond market, Bear Stearns (BSC), is likely going to report a loss for the first time in its 22 84 year history.

But the People’s Bank of China raised the reserve requirements and interest rates yet again today in an effort to hold back inflation. Best, say the US authorities, they do that by releasing the peg on the USD.

Long-term US Treasury bonds were bid higher after results from Monday's new Term Auction Facility.

Today, the US Leading Economic Indicators for November data are likely to be pointing south. Still, there are some die-hard economists who believe the US will not enter a recession or is not already turning numbers that ultimately will be seen as the start of a recession.

This morning, US equity futures are up a small bit, oil is up +1.16 (+1.27 pct), gold and silver are down a small bit.

Traders seem more focused on the festive season.


Comments & Outlook

It’s high time that independent traders recognize the changing power structure of capital markets. We have moved from the period where the shareholders actually held effective control over corporations to a point where management is now in control. But the dynamics are complex.

Corporate law states that, through its common share votes, the risk-taking buy-side investor collectively controls the Board of Directors, so as to be in the position to change a company's management, reserve capital, and organizational infrastructure, to best suit its interests.

Then there was a period where pension funds and mutual funds organized among themselves voting blocks that effectively held the plurality interest so that the interests of the fund management would be best served.

At this point there was still a separation of interests between the Board and management where the Board held the power.

Unfortunately, schemers amongst some Fund managers and some executive managers discovered that their personal interests could be best served by working out deals before they hit the boardroom for discussion. Consequently, the ridiculous hundred million dollar executive compensation packages were worked out and the result was the loss of control of the Board over management.

This dynamic changed when specialized Funds called Private Equity Funds were created, which took the relationship to a higher level between a single executive on the outside and the CEO on the inside. CEO’s with perhaps 1 pct or less of the common stock, with the backing of Private Equity, now controlled the company, and there was a form of collusion where the two worked together to “maximize shareholder value”. That in effect was merely a sophisticated way of saying “pump and dump” – the precise same thing that goes on in the penny stock business.

You and I saw the result when we watched the dog and pony routines of senior corporate executives making the rounds of financial entertainment media, particularly CNBC TV. Soon after a period of months on the hustings, promoting share prices to new highs, the stock prices would collapse, the companies would run into “issues” and occasionally there would be criminal prosecutions that followed. The operative word here is ‘occasionally’.

The sell-side firms, Humungous Bank & Broker (HB&B) could never get involved as principals, of course, because their job is to sell the enhanced risk of these securities (enhanced by high valuations that often made little economic sense) to the buy-side. That is after all the job of HB&B and they are well-compensated. Do they think twice about the economic values and the incredible risks they foist on the unsuspecting buyer? For an answer just go back to the 1999 “dot con” era where fully half the Goldman Sachs Internet-related underwritings sank or went off the board within two years in what I think was the most disgusting example of bad corporate underwriting practice ever on Wall Street.

Fast forward to the top of the current market cycle with the development of a whole new group of financiers, one that can basically print its own money because of its political connections. This is the Sovereign Wealth Fund (SWF).

In case you have not been observing markets closely, and many of you I know have real jobs that put you out of the loop, these Sovereign Wealth Funds are now taking control of the world’s largest financial companies.

In a nutshell, here from the Wall St Journal is the situation and the concern:

Prodded by the U.S. and Europe, multilateral institutions are writing guidelines for sovereign-wealth funds that would keep the money flowing from oil nations and export-rich Asian governments. But the codes aren't likely to directly address the biggest political issue surrounding the funds: whether they will be used for strategic purposes rather than commercial ones.

The growing financial importance of the SWFs, as some have taken to calling the essentially government-owned investment vehicles, was demonstrated yesterday when China Investment Corp., with about $200 billion in assets, agreed to invest about $5 billion in Morgan Stanley, which has been reeling from the global credit crunch. That followed investments from the governments of Singapore and Saudi Arabia in UBS AG of Switzerland; Abu Dhabi in Citigroup Inc.; and China in Blackstone Group's initial public offering. In all of the cases, the foreign firms took minority stakes and said they wouldn't be active in management.

The words “wouldn't be active in management” run hollow, I think, because of the simple principle that money talks.

I believe we are going to be discussing these issues for some time. Politics and capital markets is the new game in town.


Links & Charts


International Economics Review

US Economic Calendar.



Knobias Cara100 Tables

 Portfolio GAINERS
SYMB LAST CHG %C VOL
CCJ 36.700 +1.250 +3.5 2.6M
IBKR 30.930 +1.050 +3.5 830.3K
MBT 94.920 +3.140 +3.4 1.3M
GGB 28.140 +0.770 +2.8 3.2M
GRMN 96.960 +2.610 +2.8 3.7M
ERTS 58.560 +1.420 +2.5 2.9M
CEO 157.240 +3.430 +2.2 480K
ERJ 45.860 +0.840 +1.9 620.7K
LEH 61.890 +0.990 +1.6 10.8M
BBD 31.420 +0.490 +1.6 4.7M
GOL 25.300 +0.370 +1.5 1.8M
RIMM 102.130 +1.440 +1.4 21.1M
DELL 24.360 +0.340 +1.4 30.1M
OXPS 31.790 +0.440 +1.4 770.9K
GS 204.160 +2.650 +1.3 11.9M
WFMI 40.880 +0.510 +1.3 2.1M
YHOO 23.310 +0.290 +1.3 26.5M
CHL 86.670 +1.000 +1.2 1.9M
INTC 26.190 +0.280 +1.1 33.6M
LLTC 30.960 +0.320 +1 3.3M
VCP 30.100 +0.310 +1 513.5K
KO 62.850 +0.630 +1 7.2M
PAYX 38.490 +0.380 +1 2.8M
MICC 108.170 +1.040 +1 825.4K
TT 45.930 +0.430 +0.9 19.2M

 Portfolio LOSERS
SYMB LAST CHG %C VOL
NTES 19.010 -0.800 -4 2.1M
KSS 45.520 -1.840 -3.9 5.9M
WBK 119.000 -4.310 -3.5 12.9K
SBUX 20.030 -0.570 -2.8 14.2M
TGT 51.570 -1.440 -2.7 12M
UBS 45.480 -1.170 -2.5 6.1M
EXC 83.500 -2.050 -2.4 4.8M
JCP 44.040 -1.050 -2.3 4.5M
WAG 36.380 -0.860 -2.3 8.7M
ORCL 20.760 -0.490 -2.3 68.4M
DIS 32.260 -0.760 -2.3 11M
BBBY 29.370 -0.600 -2 3.6M
TEF 94.770 -1.880 -1.9 658.5K
HDB 123.170 -2.240 -1.8 282.8K
DOW 41.000 -0.590 -1.4 5.7M
GFI 14.270 -0.190 -1.3 5.3M
QCOM 38.280 -0.440 -1.1 19.6M
WHR 80.610 -0.860 -1.1 1.1M
DEO 84.900 -0.820 -1 482.7K
BC 17.820 -0.160 -0.9 920K
DB 125.630 -1.000 -0.8 427.9K
MCO 38.010 -0.290 -0.8 3.2M
PTR 174.070 -1.320 -0.8 1.1M
BMY 27.960 -0.210 -0.7 16.9M
ABB 27.040 -0.190 -0.7 2.6M

 Portfolio 52-Wk HIGHS
SYMB DAY HIGH LAST CHG %CHG VOL
NONE FOUND.

 Portfolio 52-Wk LOWS
SYMB DAY LOW LAST CHG %CHG VOL
KSS 45.250 45.520 -1.840 -3.89 5.87M
SBUX 19.890 20.030 -0.570 -2.77 14.16M
BC 17.700 17.820 -0.160 -0.89 920.00K
SWK 47.010 47.520 +0.060 +0.13 872.20K

 Portfolio VOLUME
SYMB LAST %C VOL %ADSV
TT 45.930 +0.9 19.2M +226
ORCL 20.760 -2.3 68.4M +112
TGP 29.320 +0.6 80K +72
UBS 45.480 -2.5 6.1M +72
GOL 25.300 +1.5 1.8M +59
BMY 27.960 -0.7 16.9M +39
GGB 28.140 +2.8 3.2M +31
EXC 83.500 -2.4 4.8M +29
YHOO 23.310 +1.3 26.5M +25
MFC 40.630 +0.7 1.4M +22
SNDK 35.300 -0.1 8.1M +20
BA 86.620 -0.6 8.6M +18
QCOM 38.280 -1.1 19.6M +15
NKE 63.800 +0.1 3M +15
KSS 45.520 -3.9 5.9M +15

 Analysts UPGRADES
SYMB ANALYST OLD   NEW BEFORE   AFTER
NONE FOUND.
• PREVIOUS SESSION
ADBE Deutsche Bank --- 52.00 Hold Buy

 Analysts DOWNGRADES
SYMB ANALYST OLD   NEW BEFORE   AFTER
GS JP Morgan --- --- Overweight Neutral
EXC Jefferies --- 91.00 Buy Hold
UBS Goldman Sachs --- --- Buy Neutral
• PREVIOUS SESSION
ADBE Kaufman Bro --- 43.00 Buy Hold
ERJ CSFB --- --- Outperform Neutral


Cara 100 Daily RSI-7 Charts


At least one RSI value >70:
rsi
TickerLastRSI-7MRSI-7WRSI-7DZone
KO62.8595.5674.4249.11Sell alert (trig. 4 days ago [on 2007-12-14 at $63.81, -1.50% chg], after a 2 day DZ)
VIP37.7393.9978.9354.40Sell alert (trig. 7 days ago [on 2007-12-11 at $37.08, +1.75% chg], after a 4 day DZ)
MBT94.9288.1974.3055.20Sell alert (trig. 7 days ago [on 2007-12-11 at $93.80, +1.19% chg], after a 1 day DZ)
LYO47.8087.9773.8069.69Sell alert (trig. 8 days ago [on 2007-12-10 at $47.41, +0.82% chg], after a 1 day DZ)
PG72.9886.9962.3939.07
COST68.4086.5162.6644.97Sell alert (trig. 7 days ago [on 2007-12-11 at $69.96, -2.23% chg], after a 5 day DZ)
HDB123.1784.0651.6535.56
GOOG677.3783.8358.1140.92Sell alert (trig. 7 days ago [on 2007-12-11 at $699.20, -3.12% chg], after a 2 day DZ)
PBR105.2282.4666.8852.47Sell alert (trig. 5 days ago [on 2007-12-13 at $110.59, -4.86% chg], after a 1 day DZ)
NOK36.5281.0244.2429.97
TEF94.7779.8052.4730.08
ATVI26.8079.7574.2870.25Distribution Zone (for 1 days)
ABB27.0478.5045.8232.60
CHL86.6777.6550.8043.95
RIMM102.1375.8446.7344.99
AET57.3575.7771.1349.22Sell alert (trig. 7 days ago [on 2007-12-11 at $57.92, -0.98% chg], after a 4 day DZ)
TT45.9374.9975.8188.32Distribution Zone (for 3 days)
MICC108.1774.7151.6836.05
VCP30.1074.1048.8831.57
BBD31.4273.7253.4746.13Sell alert (trig. 8 days ago [on 2007-12-10 at $34.25, -8.26% chg], after a 1 day DZ)
NKE63.8073.2457.5043.69
ECA67.2572.4456.5053.82
MFC40.6372.2446.1847.98
RIO31.9371.9744.1235.10
SU104.0971.6757.6462.20
EXC83.5070.5160.1448.56Sell alert (trig. 7 days ago [on 2007-12-11 at $83.51, -0.01% chg], after a 1 day DZ)
IBN57.6670.3647.4636.12
OXPS31.7968.4673.3666.12

At least one RSI value <30:
rsi
TickerLastRSI-7MRSI-7WRSI-7DZone
BC17.8217.3624.1621.80Accumulation Zone (for 4 days)
SBUX20.0317.897.3122.68Accumulation Zone (for 5 days)
BBBY29.3718.2931.1932.82Buy alert (trig. 3 days ago [on 2007-12-17 at $29.36, +0.03% chg], after a 1 day AZ)
KSS45.5218.9621.8626.22Accumulation Zone (for 1 days)
MCO38.0119.6328.2647.00
JCP44.0421.5126.9246.33
MU7.8421.5224.3027.52Accumulation Zone (for 3 days)
UBS45.4825.6929.8331.87
WAG36.3825.8928.3537.09
DNA67.3329.8733.7929.41
SNDK35.3032.5924.7528.11
SWK47.5233.1326.6027.24
BDK71.3833.6126.7924.15
TM105.5834.5326.7331.09
AMAT17.5935.1926.1335.78
GFI14.2737.8218.0925.32
YHOO23.3138.3333.0323.30
TCK33.5439.3026.1631.34
QCOM38.2841.6935.7829.82
CCJ36.7042.1326.1838.51
GE36.5745.7128.1539.28
TS43.5945.7326.4130.40
NTES19.0154.8547.5517.38
PTR174.0757.9338.5627.95
NOK36.5281.0244.2429.97


International Equity Markets Review

Europe

Here is the latest session data for the bourses of Europe.


Here is the latest session data for the London stock exchange FTSE.


Here is the latest session data for the German DAX.


Here is the latest session data for the French CAC 40.


Here is the latest session data for the Milan Italy stock exchange MIBTEL.


Here is the latest session data for the Swiss market index.


Asia-Pacific

Here is the latest session data for the Asia-Pacific stock exchanges.


Here is the latest chart for the Japanese Nikkei 225 index.


Here is the latest chart for the Singapore index .


Here is the latest chart for the Shanghai Composite index .


Here is the latest chart for the Hong Kong Hang Seng index .


Here is the latest chart for the India BSE 30 index .

Here is the latest chart for the Australian All Ordinaries index .


US Equity Markets Review

DJIA (interactive) chart

NASDAQ Composite (interactive) chart

Table: Dow 30 List

Sorted by 1-Week Price Performance
Symbol Close 1Day
Change
1Day
%Change
1W
%Change
2W
%Change
4W
%Change
YTD
%Change
3M
%Change
6M
%Change
12M
%Change
HON 61.09 0.50 0.83% 5.80% 5.82% 12.07% 35.45% 4.86% 5.56% 37.75%
MSFT 34.79 0.05 0.14% 0.93% 1.87% 0.61% 16.51% 21.35% 14.22% 16.01%
DIS 32.26 -0.76 -2.30% -0.06% -1.50% 2.25% -5.67% -6.66% -7.19% -7.43%
WMT 48.08 -0.16 -0.33% -0.31% -1.68% 5.67% 1.11% 7.44% -1.50% 4.32%
BA 86.62 -0.55 -0.63% -0.35% -4.50% -1.41% -2.86% -13.40% -10.63% -3.94%
XOM 91.43 0.01 0.01% -0.53% 1.68% 4.11% 23.37% -0.75% 6.51% 18.76%
JNJ 67.32 -0.39 -0.58% -0.56% -1.30% -0.47% 1.39% 4.39% 7.85% 0.66%
MRK 59.34 -0.40 -0.67% -0.64% -0.10% 2.45% 34.80% 15.09% 17.93% 36.38%
HPQ 51.15 0.13 0.25% -0.74% -0.99% 3.21% 22.90% 2.75% 11.44% 26.51%
IBM 107.14 0.83 0.78% -1.23% -0.94% 3.60% 10.15% -8.17% 0.60% 11.60%
UTX 75.80 -0.12 -0.16% -1.28% -1.37% 1.99% 20.68% -3.93% 5.69% 21.32%
MO 76.68 0.75 0.99% -1.33% -1.44% 3.89% 18.11% 11.57% 10.30% 18.92%
KO 62.85 0.63 1.01% -1.44% -0.32% 0.10% 29.37% 11.00% 22.30% 28.87%
GE 36.57 -0.23 -0.63% -1.83% -0.38% -3.86% -3.69% -12.45% -6.92% -3.79%
MMM 84.93 -0.92 -1.07% -2.00% 1.40% 3.43% 8.52% -7.64% -3.29% 8.73%
PG 72.98 0.14 0.19% -2.26% -1.12% -0.31% 13.08% 6.09% 18.05% 13.34%
AIG 56.89 0.19 0.34% -2.27% -2.17% 4.50% -21.15% -15.79% -21.65% -21.24%
PFE 23.27 -0.10 -0.43% -2.27% -2.96% 2.42% -11.49% -6.47% -11.22% -11.18%
GM 26.66 -0.27 -1.00% -2.56% -5.12% 1.41% -9.47% -23.79% -22.77% -8.95%
VZ 43.65 -0.16 -0.37% -2.87% -1.95% 1.14% 15.42% -0.30% 1.35% 19.07%
INTC 26.19 0.28 1.08% -4.00% -3.78% 2.63% 28.70% 1.99% 8.67% 26.77%
C 30.21 -0.17 -0.56% -4.00% -10.33% -3.79% -45.32% -37.41% -44.32% -45.30%
AXP 51.91 0.13 0.25% -4.01% -10.39% -7.99% -14.00% -14.83% -17.80% -15.66%
CAT 70.84 -0.21 -0.30% -4.04% -2.57% 3.75% 15.83% -9.07% -14.12% 15.15%
T 39.94 -0.66 -1.63% -4.24% 3.96% 5.02% 14.28% -3.94% -0.75% 14.15%
MCD 58.85 -0.98 -1.64% -4.56% -1.11% 0.63% 34.15% 6.21% 12.14% 33.78%
JPM 43.98 0.08 0.18% -4.70% -2.05% 5.64% -8.51% -7.55% -13.51% -8.89%
AA 34.49 0.09 0.26% -6.48% -3.15% -2.52% 17.59% -7.48% -17.05% 13.16%
DD 42.58 -0.60 -1.39% -7.13% -8.82% -5.38% -13.17% -14.64% -18.44% -13.26%
HD 26.24 -0.23 -0.87% -7.90% -9.42% -7.93% -36.11% -27.47% -31.43% -33.80%

You can do this table yourself by entering the following string into the Summaries window at www.billcara2.com 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

Here are the links to interactive Dow charts from Billcara2.com that I broke into groups of ten, which you can add technical indicators for as well. (list one) (list two) (list three)



The Americas

Here is the latest session data for the exchanges of the Americas.


Here is the latest chart for the Brazilian Bovespa stock exchange in Sao Paulo.


Here is the latest session data for the Toronto Stock Exchange composite index.



Sector ETF Summary for the US equity market

The tables I show in this section are for ten (GICS) Sector Index Funds (ETF's) only, but they cover the full spectrum of the US equity market.

Table 1: Cara ETF List is sorted by price performance Week over Week (W/W), i.e. 1W%N.

Sorted by 1-Week Price Performance
Symbol Close 1Day
Change
1Day
%Change
1W
%Change
2W
%Change
4W
%Change
YTD
%Change
3M
%Change
6M
%Change
12M
%Change
XLU 43.05 -0.11 -0.25% -0.71% -2.62% 1.75% 16.92% 4.92% 6.93% 16.86%
XLE 76.53 0.73 0.96% -1.06% 2.64% 3.77% 35.26% 1.58% 7.58% 27.00%
XLP 28.93 0.24 0.84% -1.09% -0.79% 1.15% 10.08% 4.03% 6.24% 11.01%
IYH 70.97 -0.20 -0.28% -2.04% -2.49% 0.58% 6.79% 0.17% -0.34% 6.19%
XLI 38.73 -0.13 -0.33% -2.25% -2.07% 1.10% 9.93% -5.03% -2.00% 9.87%
XLF 29.14 0.08 0.28% -2.96% -5.48% 0.34% -21.07% -17.40% -22.44% -20.71%
IYZ 29.03 -0.20 -0.68% -3.04% -2.06% 0.80% -2.12% -13.68% -15.17% -1.19%
XLY 32.90 -0.35 -1.05% -3.15% -4.30% -1.17% -14.59% -13.15% -17.32% -14.41%
SMH 32.36 0.06 0.19% -3.46% -2.15% 0.97% -3.60% -15.18% -14.86% -3.98%
XLB 40.86 -0.06 -0.15% -3.59% -2.48% 2.87% 18.06% -2.34% -0.92% 15.85%

You can do this table yourself by entering the following string into the Summary window at Billcara2.com and then clicking on the link for Performance. XLE XLB XLI XLY XLP IYH XLF SMH IYZ XLU . You can also add more ETF’s – up to 30 in total.

For a list of components to any ETF, go to the AMEX.com web site, and click on ETF's.

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


International Equity Market USD-denominated ETF Review

Table 13: International equities via the USD-denominated ETF perspective

Sorted by 1-Week Price Performance
Symbol Close 1Day
Change
1Day
%Change
1W
%Change
2W
%Change
4W
%Change
YTD
%Change
3M
%Change
6M
%Change
12M
%Change
EWC 31.17 0.17 0.55% -0.73% -0.10% -1.11% 26.19% -1.86% 2.47% 22.04%
SPY 145.88 0.00 0.00% -2.34% -2.01% 0.86% 3.19% -4.88% -4.78% 2.57%
QQQQ 49.88 -0.01 -0.02% -3.67% -3.28% -0.04% 15.36% -0.58% 4.44% 13.75%
EWU 24.62 -0.10 -0.41% -5.75% -4.36% -1.13% 4.54% -2.35% -3.61% 1.43%
IEV 114.72 -1.18 -1.02% -6.04% -4.61% -2.67% 8.64% -1.52% -2.63% 7.50%
EWJ 13.17 -0.09 -0.68% -6.53% -7.25% -3.02% -7.25% -4.57% -9.92% -5.93%
FXI 170.49 0.12 0.07% -7.09% -12.90% -3.90% 46.47% 3.80% 34.81% 67.28%
EWZ 78.40 0.26 0.33% -7.85% -6.00% -3.66% 67.88% 14.40% 25.08% 69.92%
TRF 71.51 -5.77 -7.47% -8.32% -0.82% 6.15% -19.24% 12.05% 3.26% -15.66%
IFN 62.50 -1.55 -2.42% -8.38% -3.46% 8.70% 37.85% 25.00% 49.88% 37.91%


Japanese equity market ETF: EWJ

Here is the Japanese (EWJ) equity market ETF Daily data charts:

Interactive EWJ Daily data:


Daily EWJ

Interactive EWJ Weekly data:


Weekly EWJ



U.K. equity market ETF

Here is the United Kingdom (EWU) equity market ETF Daily data charts:

Interactive EWU Daily data:

EWU Daily data:


Daily EWU Data

Interactive EWU Weekly data:


Weekly EWU Data


Canada's equity market

Here is the Canadian (EWC) equity market ETF Daily data charts:

Interactive EWC Daily data:


Daily EWC Data

Interactive EWC Weekly data:


Weekly EWC Data


Bonds & Yields Review

Table 10: US Treasury Yields

US Treasury Bonds
Maturity Yield Yesterday Last Week Last Month
3 Month 2.76 2.93 2.74 3.23
6 Month 3.19 3.23 3.11 3.33
2 Year 3.10 3.19 3.13 3.16
3 Year 3.05 3.13 3.09 3.06
5 Year 3.43 3.51 3.46 3.55
10 Year 4.03 4.12 4.09 4.07
30 Year 4.45 4.53 4.54 4.48
Municipal Bonds
Maturity Yield Yesterday Last Week Last Month
2yr AA 3.04 3.05 3.01 3.27
2yr AAA 3.07 3.07 3.06 3.31
2yr A 3.56 3.55 3.34 3.43
5yr AAA 3.32 3.34 3.29 3.41
5yr AA 3.27 3.39 3.21 3.40
5yr A 3.53 3.44 3.39 3.51
10yr AAA 3.78 3.81 3.74 3.83
10yr AA 3.48 3.55 3.60 3.74
10yr A 4.01 4.04 3.97 4.06
20yr AAA 4.40 4.42 4.39 4.45
20yr AA 4.19 4.21 4.19 4.33
20yr A 4.60 4.62 4.76 5.13
Corporate Bonds
Maturity Yield Yesterday Last Week Last Month
2yr AA 4.37 4.41 4.25 4.19
2yr A 4.51 4.61 4.55 4.43
5yr AAA 4.59 4.70 4.59 4.60
5yr AA 4.91 4.93 4.75 4.86
5yr A 4.87 4.90 4.75 4.69
10yr AAA 5.14 5.19 5.21 5.12
10yr AA 5.43 5.49 5.43 5.57
10yr A 5.79 5.80 5.60 5.64
20yr AAA 5.25 5.49 5.53 5.56
20yr AA 5.70 5.82 5.77 5.74
20yr A 6.23 6.26 6.28 6.02


Here is the $USB 30-year Treasury Bond chart.


Bond Yields Curve



US Bond Funds -- Interactive 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


Table 11: Interest-sensitive securities

Sorted by 1-Week Price Performance.
Symbol Close 1Day
Change
1Day
%Change
1W
%Change
2W
%Change
4W
%Change
YTD
%Change
3M
%Change
6M
%Change
12M
%Change
FNM 36.56 0.16 0.44% 13.82% 1.19% 29.42% -38.92% -42.86% -47.00% -39.16%
FRE 32.62 -0.60 -1.81% 7.23% -5.91% 21.99% -51.95% -46.66% -49.24% -52.31%
TLT 93.23 1.27 1.38% 1.30% -0.41% 0.34% 4.67% 4.95% 10.62% 4.00%
TIP 105.86 0.66 0.63% 0.78% 0.52% -0.01% 6.68% 3.43% 7.49% 6.29%
IEF 87.09 0.69 0.80% 0.55% -0.33% 0.69% 5.33% 3.73% 8.00% 4.71%
AGG 101.27 0.21 0.21% 0.22% -0.28% 0.27% 1.36% 1.14% 3.05% 0.83%
SHY 82.28 0.21 0.26% 0.10% -0.18% 0.05% 2.80% 1.39% 2.91% 2.62%
CFC 9.010 -0.170 -1.85% -14.43% -13.53% -12.35% -78.60% -56.13% -76.51% -77.99%

Consumer Finance -USA -- Interactive Daily Data Charts


Consumer Finance -USA- Daily Data Charts CFC

Consumer Finance -USA- Daily Data Charts FNM

Consumer Finance -USA- Daily Data Charts FRE


Commodities Review

$CRB Index

Open Futures Contracts

Interactive Chart of Daily CRB Commodities Index:

CRB Commodities Index - Daily Chart

Interactive Chart of Weekly CRB Commodities Index:

CRB Commodities Index - Weekly Chart


Oil Review

Here is the e-miNY Jan-08 Crude Oil chart.

Interactive Chart of Daily Crude Oil:


Crude Oil- Daily Chart


Interactive Chart of Weekly Crude Oil:


Crude Oil- Weekly Chart

Table 2: Senior oil & gas equities

Sorted by 1-Week Price Performance
Symbol Close 1Day
Change
1Day
%Change
1W
%Change
2W
%Change
4W
%Change
YTD
%Change
3M
%Change
6M
%Change
12M
%Change
SU 104.09 0.84 0.81% 0.95% 3.26% -0.63% 40.83% 9.35% 12.86% 31.06%
IMO 52.04 0.14 0.27% 0.27% 3.85% -1.42% 45.93% 6.60% 8.87% 41.37%
ECA 67.25 0.50 0.75% -0.49% 2.67% -0.93% 48.32% 7.69% 1.36% 39.90%
XOM 91.43 0.01 0.01% -0.53% 1.68% 4.11% 23.37% -0.75% 6.51% 18.76%
CVX 90.90 -0.29 -0.32% -0.96% 1.79% 3.41% 28.08% -3.41% 9.14% 22.03%
TOT 79.11 0.64 0.82% -4.40% -3.77% -2.67% 11.47% -2.39% -0.18% 9.54%
STO 29.04 0.03 0.10% -4.94% -12.27% -9.59% 13.04% -13.85% -2.12% 7.68%
PBR 105.22 0.88 0.84% -6.03% 2.51% 0.21% 111.16% 47.99% 70.48% 116.41%
CEO 157.24 3.43 2.23% -7.95% -16.99% -7.65% 66.80% 2.14% 38.38% 76.08%



Gold & Precious Metals Review

Spot gold chart for the week

Interactive Chart of Daily Gold EOD Continuous Contract Index:


GOLD EOD Continuous Contract Index- Daily Chart

Interactive Chart of Weekly Gold EOD Continuous Contract Index:

GOLD EOD Continuous Contract Index - Weekly Chart


Spot silver chart for the week

Interactive daily data

Interactive Chart of Daily Silver EOD Continuous Contract Index:

SILVER EOD Continuous Contract Index- Daily Chart

Interactive chart of the Silver Bullion index.


Interactive Chart of Weekly Silver EOD Continuous Contract Index:


SILVER EOD Continuous Contract Index - Weekly Chart



Spot platinum chart for the past three days

Interactive Chart of Daily Platinum EOD Continuous Contract Index:


PLAT EOD Continuous Contract Index- Daily Chart


Interactive Chart of Weekly Platinum EOD Continuous Contract Index:

PLAT EOD Continuous Contract Index - Weekly Chart


Interactive chart of the Platinum metal index.


Spot palladium chart for the week

Interactive Chart of Daily Palladium EOD Continuous Contract Index:


PALL EOD Continuous Contract Index- Daily Chart


Interactive Chart of Weekly Palladium EOD Continuous Contract Index:

PALL EOD Continuous Contract Index - Weekly Chart


Interactive chart of the Palladium metal index.


Interactive Chart of Weekly Copper EOD Continuous Contract Index:


COPPER EOD Continuous Contract Index- Daily Chart


COPPER EOD Continuous Contract Index - Weekly Chart


Interactive Chart of Daily Copper EOD Continuous Contract Index:


Interactive chart of the Copper metal index.


Table 12: Senior gold equities

Sorted by 1-Week Price Performance
Symbol Close 1Day
Change
1Day
%Change
1W
%Change
2W
%Change
4W
%Change
YTD
%Change
3M
%Change
6M
%Change
12M
%Change
AEM 48.27 0.55 1.15% -3.25% 1.73% -6.69% 24.02% -2.54% 29.79% 14.30%
NEM 47.28 -0.41 -0.86% -4.08% -4.33% -7.38% 6.97% 1.26% 15.94% 0.11%
ABX 37.57 -0.55 -1.44% -5.65% -5.20% -11.18% 25.95% -3.02% 27.18% 22.34%
GG 30.87 0.02 0.06% -7.88% -4.16% -6.31% 12.91% 6.60% 23.48% 9.31%
BVN 52.70 0.60 1.15% -8.35% -2.82% -1.29% 90.87% 8.75% 43.05% 92.62%
MDG 33.52 -0.86 -2.50% -9.06% -5.76% -9.09% 27.50% 3.36% 27.70% 16.71%
GFI 14.27 -0.19 -1.31% -9.97% -15.21% -18.18% -22.15% -18.08% -12.83% -22.95%
AUY 11.95 -0.33 -2.69% -11.15% -6.49% -10.89% -3.08% -4.25% -8.50% -8.29%
KGC 16.34 -0.13 -0.79% -11.53% -8.00% -9.32% 43.08% 12.30% 23.98% 36.39%


To watch the moves in precious metal miners, you will have to monitor the individual stock charts, preferably in real-time, as follows:

NEM ABX AU GFI GG HMY AUY KGC BVN
Interactive Daily data
Interactive Weekly data


MDG LIHRY AEM BGO IAG EGO RGLD GOLD CDE GRS
Interactive Daily data
Interactive Weekly data


CBJ SSRI SIL NG KRY UXG GRZ TSE_HRG TSE_GUY TSE_AGI
Interactive Daily data
Interactive Weekly data


NXG GSS MNG DROOY MFN RNO RANGY MRB CLG
Interactive Daily data
Interactive Weekly data


Here are the key Silver miners and the SLV ETF:

SLV SIL CDE HL PAAS SSRI SLW MGN

Interactive Daily data
Interactive Weekly data


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

Interactive Chart of Daily U.S. Goldminers Index:

Daily U.S. Goldminers Index - Daily Chart

Weekly U.S. Goldminers Index:


Interactive Chart of Weekly U.S. Goldminers Index:


Weekly U.S. Goldminers Index - Weekly Chart



The U.S. goldminer share trust ETF trades under the ticker symbol GDX.


Here are the U.S. Goldminer ETF (GDX) index Weekly and Daily data charts:

GDX Daily data:

GDX Daily Data Chart

GDX Weekly data:

GDX Weekly Data Chart


The Toronto Exchange-listed goldminer iUnits S&P/TSX Capped Gold Index ETF trades under the ticker symbol TSE:XGD. Yes, just like GDX on the AMEX, you can trade XGD on Toronto.

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


Interactive Chart of XGD Daily data:

XGD Daily Data Chart

Interactive Chart of XGD Weekly data:

XGD Weekly Data Chart



Forex Review

Here is the chart of the week's trading in the $USD.

Interactive Chart of Daily U.S. Dollar Index:


Daily U.S. Dollar Index - Weekly Chart


Interactive Chart of Daily Euro Dollar Index, priced in USD:


Daily Euro Dollar Index - Priced in USD


Daily British Pound Index:


Daily British Pound Index - Daily Chart


Daily Japanese Yen Index:

Daily Japanese Yen Index - Daily Chart


Daily Canadian Dollar Index:

Daily Canadian Dollar Index - Daily Chart


Posted by Posted by Bill Cara on December 20, 2007 08:21:03 AM | Category: Daily Report