The 1970’s in case you don’t know or recall was the time following the Vietnam War disaster for the US (and before that, France), which led to a devastating Bear market, inflation, destruction of wealth, market under-performance, a period of speculation to try to overcome the under-performance in the market and challenges in the economy such as extremely high Crude Oil costs and over-priced real estate markets, and finally an end to the inflation cycle in 1980 with the blow off top in Gold.

Sound familiar? These are many of the ills we see today following the US so-called War on Terror.

So, I chuckle when i see the newsletter writers trying to compare the environment today to what happened from mid-1981 through to early 2000. Those were the years when economic and business cycles facilitated the build of wealth in the relatively advanced economies of the G-7 countries, with the exception for a while in Japan that decided on their own to attempt a reflation strategy, which ultimately crippled that economic power.

Now, regretfully, we see the same strategy being used by people in power in the other G-7 nations, most importantly the US. The problem, as the Japanese discovered, and the Americans will soon discover, if you don’t win big, you lose big.

I feel all the elements are in place for an impending crisis in America. I have never felt this way before. Until I started to see the pattern of decisions by the White House (which as I say might turn out right, but probably not), and the politicization of the Fed, and the hiring of Henry Paulson as Treasury Secretary, I had been confident that the power of the American consumer and private sector would overcome any level of damage created by those in authority.

That’s no longer the case, and I feel the reason is that globalization has reached a level of development where movers and shakers no longer have any true allegiance to any nation. In other words, no longer “hot money” hot; it’s just money seeking the best return at the least risk. No longer is a US-headquartered corporation or a Japanese-headquartered company American or Japanese per se. The private sector is now global.

The problem for the People in terms of securities rules and regulations, at this point, is that unless you have exempt status with your local or domestic regulator you have been marginalized, controlled in a way that HB&B wants, while they move about the world with impunity. This may not be fair, but its life and we have to deal with it. Ultimately, we’ll find solutions even if we are so well organized as HB&B and friends.

I have been saying that we have been turned into day traders, not because we want to but because we have to deal with situations like Merrill Lynch shares gaining +12.0 pct this week, and losing over -20 pct in a two-week period a couple weeks ago. Merrill Lynch is one of the largest full-service brokerage firms in the world, and now their stock trades like those of the typical penny dreadful. That is today’s reality. We have to deal with it.

I have also been saying that extreme trading comes along every primary trend and cycle juncture, which is a fact. So, what I am inferring is that after the long-term market reverts with greater clarity from Bull to Bear we may have the luxury of reverting to strategic management of our portfolios, those based on corporate fundamentals and quantitative trends, long-term technical signals, and economic data. That would be nice.

Yes, it would be nice to return to the lessons we learned from Buffet and Graham & Dodd and Edwards and McGee and Charles Dow so that we had the time to do more thinking than reacting.

As for the picture today of roiled markets, I continue to believe that traders are being misled by HB&B, which is trying desperately to save its bacon. Desperate organizations tend to make bad decisions, which I think is the case today.

The prudent call by some regulators and some heads of HB&B firms for time to fully investigate the seriousness of trading assets without knowing the quality of those assets is being drowned out by the war cry of the industry and their bought-and-paid Main Stream Media friends, which is that “America is open for business”.

Just maybe America is insolvent and needs a couple years to right the ship before putting it back into turbulent waters, open for business as it were. If you ran a business or a career that was being mired in debts or alcoholism or whatever, isn’t that what sensible people would do? So, why the need to be reckless at this point?

This coming week is a crucial one for US economic data reports. Some of the data will be reported later in the week, but I believe the Fed will have an idea of what’s to come. Chairman Bernanke has told us this past week that the FOMC decision-makers intend to look at this data closely, and, if you can believe him, that seems the sensible course before making their policy decision and announcement at 2:15 pm ET on Tuesday Dec 11 (at which time I expect to be flying back to Nassau).

Traders should be understanding that the people I refer to as Interventionists are doing a job to manage a situation and a process, which is not a bad thing. We can argue that maybe they are not doing the right thing, but only time will tell. Yes, I sometimes get frustrated with their heavy-handed tactics, because it affects prices from minute to minute and then there are rumors that make the trading even more volatile, and pretty soon you have extreme markets that truly fail as the effective pricing mechanisms they were intended to be. That’s the sad part. But, at the end of the day, its a job that somebody has to do, Prof. Bernanke is by all accounts a brilliant individual, and we have to trade prices one way or another. I just don’t think we should be hung up on what we believe should be happening on the basis of our regard for people who have a different job to do that ours, which for us is personal wealth management.

Having said that, it would be nice to have a political system in place where the needs and interests of the People are served ahead of certain lobby groups who have the organization and financial resources needed to be served first. It would be nice if we truly had government for the People, and that these people would listen to us.

In the market this week, I cannot overlook the boom in international markets. Overall it looks to me that the international market seems confident that the central bankers will do their job, that interest rates will come off, that commodity prices will get pushed down for a bit, and that perhaps the double punch of lower commodity costs and higher prospects of peace (as generated in the Washington talks) can keep this equity market going some. Because of the seriousness of the underlying problems, however, I still believe this is a Bear market, which only time will tell.

In the near term, I think there is a big upside for the $USD here, which means a big downside for Oil and Gold/Silver.

Here is where traders want to switch from watching RSI to move to the more sensitive Stochastic indicator. If this week there is a snap back bounce off low levels (look at the Cdn equity market for example), then the market rally has legs. But if the STO crawls across the bottom, that’s an indication that the Bears have strength and will wait out the present rally, ready to roar once again.

The lift in bonds (although modest) and in the $USD (stronger because its a recovery rally) this week, shows me that these huge markets are prepared to accept more risk and want to chase equities as long as commodity prices can stay down. And commodity prices this week were absolutely crunched as I have been alerting you to that possibility. The $CRB dropped -4.1 pct, Gold -4.3 pct and Crude Oil -9.7 pct, while the $USD lifted +1.5 pct and US Treasuries were up (modestly as yields were down about -3 to -6 bp across the board). Movement to this degree in size markets that dwarf the global equities market was impressive.

How much longer can HB&B hang in without writing down mega-billions in worthless assets on their books and also coming clean about off balance sheet obligations is a different matter. How much further can commodity prices be pushed down is another.

Now there is some time, in my mind at least, before we will see the 75 for $WTIC Oil (now at 88.71) and the 725-750 for $Gold (now at 789.10) that I am forecasting, but these moves can literally happen overnight. At that point it will be a new ball game, one where commodity prices will lift along with interest rates, and prices of stocks and bonds will fall, for those reasons, as well as the write-offs to come in the the banks, the operating failures in some banks to come, and the flood of negative economic news and lower corporate earnings to come.

In summary, it is harder each week to think further out than a couple days. This week, with the FOMC decision to come on Tuesday afternoon and the BoE/ECB decisions early on Thursday, I think that projecting prices or making forecasts is not the right thing, and prone to serious error.

Hold your breath; watch what HB&B will try to get done, and wait to see if the Bears follow through by selling into strength.

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International Economics Review

There is a huge amount of econ information coming not only from the US this week, but also from the Bank of England and the European Central Bank on Thursday morning well before the open in New York.

US Economic Calendar for next week.

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Relative Strength Index (RSI) analysis of the Cara 100 company stocks .

The strong rally from the previous Friday and for several days this week has served to ground the market into a Goldilocks (LOL, I won’t go there) type of situation where it is neither over bought or sold. Traders are now waiting for the economic controllers union (Fed, BoE and ECB) to provide the guidance.

RSI > 70 (6)

RSI < 30 (2)

Regarding the Cara Global 100, I am going to remove Moody’s (MCO) because of the concerns I have that regulators and litigants will play a major role in their future. I haven’t yet decided on the replacement but I would like it to be (i) non-US and (ii) in a defensive sector like Consumer staples or Healthcare. One that I have in my crosshairs is Perdigao (PDA), a Brazilian food processor, mostly meats and poultry, that it also sells abroad. The stock is over-priced right now, but the company looks to be a good one. I’ll let you all have a chance to comment.

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Industry and Cara 100 “Impulse” Review

Applied weekly to major industry groups, the “impulse system”, based on the excellent work of Dr. Alex Elder, gives a sense of market internals. (Screenshots will return after I get a new webmaster/techie)

“Jock” reports:

THIS WEEK saw 9 GREEN industries and 6 RED, compared to last week’s 1 green, 23 Red.
 
(insert weekly impulse chart)
 
Of the Cara 100 components, are 28 GREEN (last week: 6)  24 are RED - (last week: 56) Teck Cominco is RED, but does not appear below for lack of historical data:
 
(insert Cara 100 tables)
 
The component stocks of the major indices, on a weekly basis,  were (green/red):
 
(insert table: index components green-red)
 
The DJIA, NDX, S&P500, Wiltshire4500 and Hang Seng rose from RED to neutral. Bombay stayed neutral. The Shanghai, Nasdaq, and Russell 2000 remained RED.
 
The CRB commodity index and US dollar index rose from RED to neutral. GOLD & SILVER stocks stayed NEUTRAL.
 
BOTTOM LINE: The strength of this week’s recovery of +25 industries (from -22 net green to +3) was only exceeded twice this year - after the March and August bottoms (+34 and +39 respectively). The Cara100, both Dow’s and the S&P all reversed this week ending with more green than red components.
 
What a difference the hint of a rate-cut makes !   
 
Jock
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NOTE: Alex Elder’s “impulse system” considers both the “inertia” in prices (where prices stand vs. their 26 wk. moving average) and their  “momentum” (the rate their 13wk. and 26wk. moving averages are converging or diverging).
 
When both indicators (EMA and MACD-H) tick up, the reading is “green”; when both decline, it’s “red”. Applied weekly to major industry groups, indices, and their components, a sense of market internals emerges.

Jock’s work will soon be automated and put directly into the MT html script, after which you will see the charts and tables.

Also, for newbie traders, I do recommend Dr. Elder’s books, and I hear from many of you that his boot camps are well worth the time and money. And if you are interested in learning more about technical analysis, In addition, I recommend all the work done by Martin Pring.

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US Equity Markets Review

DJIA ino.com chart

DJIA stockcharts.com chart

“Traders are taking note of a possible double top.” (WIR 39, Sept. 29, DJIA=13,895.63)

After the week ago Friday rally, I wrote, “Are you starting to get the picture now that the rally Friday was a bounce off extreme losses earlier in the week before the Thursday holiday? So, the Bull has received the fatal blows in July and October, but is still staggering. As you know, I have pointed out for several weeks now that “selling into strength the stocks in your portfolio that have already had a Sell Alert and then a subsequent big run-up in price to a second Sell Alert is usually the right decision.” You may have a month to do this selling. Being day traders now, we will have to watch and see how the market plays out.”

In other words, I have been advising that an open mind and a close eye on market prices is critical.

I fear that those who have not been selling their uncomfortable positions during the time that was available to them will rue the lost opportunity. Yes, this market can continue to be fed liquidity in order to buy some time for HB&B to do their work-out, in which case the inflation-beneficiaries (XLE, XLB and XLI) and the Defensive sectors (XLP and IYH) ought to outperform. In addition, since it is HB&B that stands to gain, and is the prime driver of this cycle extension, short covering there is going to hold the large caps in XLF. But, like musical chairs and the Greater Fool Theory at work, there will be an end to it one day, and some of you will get hurt when you see a 1,000 point drop in the Dow 30 Average.

The Dow 30 stocks that fired up the index this week were all you needed to see that the market drivers are (i) immense speculation, (ii) short covering, and (iii) flight to safety. The movers, in order were: GM +9.8 pct, AIG +9.6 pct, JPM +8.8 pct, MO +6.3 pct, AXP +6.0 pct and C up +5.1 pct.

Consider for a moment that the value of these companies did not rise by that many billions in the space of a week. Consider the fact that some of these companies are burdened by not truly knowing how serious is their asset quality or the implications of their off-balance sheet obligations or what will happen to cash flow and the bottom line in the event of a severe economic recession in the US.

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NASDAQ Composite ino.com chart

NASDAQ Composite stockcharts.com chart

“Traders are taking note of a possible double top.” (WIR 39, Sept. 29, Nasdaq=2701.5)

Two weeks ago I wrote, “The Nasdaq Composite closed a week ago at 2637. I opined at the time that didn’t see anything that week to change my bearish outlook from the prior week, which was that “this index is likely to drop quickly to the 2400 level where upon there will be some gathering of the remaining Bulls to thwart a collapse below 2350. That 2350-2400 level is where I believe the next big fight will be.” Now I think we’ll see a lift, but not for long, and this 2350-2400 level will be tested again in December.”

No change in my outlook. But, we have to see what comes down from the FOMC, BoE and ECB this week.

Here is the list of the ten highest-weighted non-financial stocks in the Nasdaq Composite. Put them in a watchlist (see Google Finance Portfolio) and watch them like a hawk:
AAPL MSFT GOOG QCOM RIMM CSCO INTC ORCL GILD EBAY

Daily RSI-7 for the Nasdaq 100 Big-10

Weekly RSI-7 for the Nasdaq 100 Big-10

Monthly RSI-7 for the Nasdaq 100 Big-10

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The US equity market Sector ETF Summary

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

This week the scoreboard reads 9 up and 1 down. Energy XLE went W/W from first to last and last place Financials XLF went to first. That percentage is consistent with the DJIA, of which 27 components were up, and 3 down. But the only losers in the Dow did not include XOM, but MSFT, HD and KO.

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
XLF	31.05	0.80	2.64%	6.08%	1.17%	-3.21%	-15.90%	-6.90%	-18.29%	-12.95%
XLB	41.78	0.50	1.21%	5.72%	3.67%	-1.32%	20.72%	7.82%	2.65%	19.37%
IYH	72.73	0.13	0.18%	3.68%	3.10%	2.65%	9.43%	6.63%	0.82%	10.20%
XLY	34.67	0.53	1.55%	3.34%	1.85%	-3.02%	-9.99%	-5.07%	-13.30%	-7.99%
XLI	39.40	0.19	0.48%	3.22%	1.55%	-1.15%	11.84%	1.47%	1.23%	12.19%
IYZ	29.25	0.33	1.14%	2.63%	-0.61%	-6.49%	-1.38%	-11.20%	-15.22%	2.56%
XLP	29.19	0.14	0.48%	2.28%	2.64%	4.81%	11.07%	8.80%	5.04%	13.98%
XLU	42.73	0.19	0.45%	1.93%	2.54%	2.74%	16.05%	10.58%	2.47%	16.30%
SMH	32.32	-0.33	-1.01%	1.67%	-1.16%	-5.14%	-3.72%	-13.58%	-10.64%	-6.45%
XLE	73.40	0.28	0.38%	-0.88%	3.67%	-1.77%	29.73%	6.53%	6.92%	21.30%

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.

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10 (energy: XLE)

15 (basic materials: XLB)

20 (industrial: XLI)

25 (consumer discretionary: XLY)

30 (consumer staples: XLP)

35 (healthcare: IYH)

40 (financial: XLF)

45 (technology, semiconductor: SMH)

50 (telecom: IYZ)

55 (utilities: XLU)

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Individual Sector ETF Review

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

Here’s the XLE Monthly, Weekly and Daily data charts:

XLE Monthly data:

XLE Weekly data:

XLE Daily data:

The Energy sector ETF (XLE) was the only loser W/W. Of course, the Crude Oil price dropped almost -10 pct.

XLE dropped -0.88 pct W/W, closing at 73.40.

Last week I wrote here, “Crude Oil closed this week up +4.34/bbl (+4.62 pct) to 98.18. I have been saying that I think it’s going lower and that in time will work itself down to about 75. In the interim, this is a day trader’s market, so you can expect hour to hour changes. The thing is that Crude Oil over $100/bbl must lead to a recession based on current levels of personal income. The 200-day Moving Average of $WTIC is at 72.30. But, as I say this average is “moving”. The 50-day MA is now at 87.29 and rising, so in a month or two, the 200-day MA will likely move up through 75, which is where I think the current price will eventually intersect it.”

The 50-day MA for $WTIC is now 88.53 and the 200d MA is 73.13.

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
CEO	184.57	-1.19	-0.64%	6.26%	10.89%	-8.63%	95.79%	57.62%	99.79%	107.73%
CVX	87.77	1.21	1.40%	1.27%	4.29%	-1.43%	23.67%	0.67%	6.71%	21.36%
XOM	89.16	0.57	0.64%	0.99%	5.53%	0.75%	20.31%	4.40%	6.14%	16.08%
STO	32.32	-0.34	-1.04%	-0.03%	6.00%	-0.74%	25.81%	14.57%	18.78%	15.84%
TOT	80.92	0.59	0.73%	-0.65%	3.76%	4.62%	14.02%	9.78%	7.46%	13.24%
ECA	65.25	-0.18	-0.28%	-3.95%	-3.13%	-7.70%	43.91%	12.40%	5.48%	24.98%
PBR	96.30	-0.25	-0.26%	-4.45%	-3.49%	2.77%	93.26%	62.42%	78.04%	104.55%
SU	95.76	-2.14	-2.19%	-6.44%	-4.02%	-9.79%	29.56%	9.82%	10.03%	21.18%
IMO	49.03	-0.12	-0.24%	-7.40%	-6.16%	-7.07%	37.49%	14.77%	4.05%	30.50%

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Integrated Oil & Gas - Canada

Oil & Gas Exploration & Production -Canada

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

Here’s the XLB Monthly, Weekly and Daily data charts:

XLB Monthly data:

XLB Weekly data:

XLB Daily data:

XLB (Basic Materials) lost -1.94 pct this week, as well as -2.94 pct the prior week -2.58 pct the week before that. That’s quite a stumble, but on Friday XLB was up +1.49 pct and this sector will likely join the rally this coming week.

XLB closed the week at 41.78, up +5.72 pct W/W.

I believe this was a short-covering rally since XLB had been down -10.5 pct in the 20 prior sessions. It was also a response to the chemical stocks of companies that had to benefit when their raw material costs dropped so much this week.

The movers were Nucor Steel (NUE +11.2 pct), which has to be from short-covering, Rio Tinto (RTP +7.2), from the take-over battle, and CVRD (RIO +6.2 pct), probably from the re-org that was announced including a new name.

The Gold stocks were hammered across the board, through the week and on Friday, which is what I warned would happen when I also warned that $GOLD was likely to sell off, which it did this week by -35.60/oz.

Table 3: Senior metals and steel 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
NUE	59.21	1.80	3.14%	11.23%	16.14%	2.24%	8.64%	14.13%	-12.77%	-1.07%
RTP	467.48	6.48	1.41%	7.21%	6.01%	29.60%	129.04%	76.81%	61.12%	117.85%
RIO	34.58	0.22	0.64%	6.20%	0.23%	-5.08%	19.99%	-27.91%	-22.52%	24.57%
GGB	28.11	0.68	2.48%	4.58%	-2.97%	-7.26%	71.19%	22.64%	24.55%	78.48%
BHP	75.83	0.38	0.50%	4.13%	2.33%	-8.01%	95.09%	22.68%	46.00%	83.03%
AA	36.37	-0.18	-0.49%	3.47%	0.11%	-4.04%	24.00%	0.61%	-11.81%	16.68%
MT	73.82	1.15	1.58%	3.32%	6.14%	-1.98%	80.93%	14.54%	25.84%	79.13%
PKX	157.87	1.55	0.99%	2.86%	0.80%	-4.89%	98.75%	6.60%	36.11%	100.19%
TS	47.18	0.19	0.40%	2.70%	0.43%	-8.67%	-2.76%	1.31%	-1.50%	0.36%
TCK	38.21	2.33	6.49%	0.98%	-8.74%	-20.36%	-44.82%	-6.87%	-8.13%	-49.02%

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

Here’s the XLI Monthly, Weekly and Daily data charts:

XLI Monthly data:

XLI Weekly data:

XLI Daily data:

Table 4: Senior capital goods makers and transportation:

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
ABB	29.38	0.71	2.48%	8.21%	5.87%	-1.34%	64.87%	22.16%	38.39%	80.47%
FDX	98.47	2.28	2.37%	5.20%	-2.86%	-2.71%	-10.29%	-9.64%	-9.50%	-14.69%
CAT	71.90	0.18	0.25%	4.76%	3.11%	-1.92%	17.56%	-3.70%	-8.38%	15.91%
HON	56.62	1.74	3.17%	3.57%	-0.94%	-4.10%	25.54%	0.59%	-1.92%	31.74%
BA	92.54	-0.67	-0.72%	3.35%	1.31%	-4.20%	3.78%	-4.45%	-7.97%	4.53%
UTX	74.77	-0.67	-0.89%	1.78%	1.11%	0.07%	19.04%	1.26%	7.69%	15.87%
GE	38.29	0.15	0.39%	1.65%	-0.05%	-5.08%	0.84%	-0.29%	1.48%	8.53%
MMM	83.26	-0.35	-0.42%	0.62%	4.53%	-0.76%	6.39%	-6.83%	-5.31%	2.21%
ERJ	43.58	-0.25	-0.57%	-1.51%	-9.13%	-8.62%	6.87%	-0.91%	-10.35%	4.66%

XLI (Industrials) gained +3.22 pct to close at 39.40.

As I wrote a week ago, there was a warning of a possible bounce, “This sector has taken major losses since early October. A rally attempt started Friday with XLI up +1.33 pct on the day.”

The econ data is still coming through quite soft and this week the same thing is likely. So I wouldn’t go chasing the Industrials unless there is a definite reversal in the data.

ABB is the winner here, up +8.1 pct W/W.

Fedex (FDX +5.2 pct) was pumped to make the prospects of economic recovery look plausible. That squeezed the shorts, probably. The stock (at 98.47) is still down -14.7 pct Y/Y.

Brazil’s Embraer (ERJ) needs watching.

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

Here’s the XLY Monthly, Weekly and Daily data charts:

XLY Monthly data:

XLY Weekly data:

XLY Daily data:

Consumer Discretionary (XLY) gained +3.34 pct, to close at 33.55, but was up +1.76 pct on Friday.

The biggest losers a week ago, Brunswick Corp (BC -9.2 pct) and JC Penny (JCP -6.8 pct) were the winners this week, as BC +5.9 pct and JCP +6.8 pct jumped. The shorts are singing soprano.

A week ago, I wrote, “JC Penny has has a tough go of it for such a superior company. The stock has been hammered down for a long while now and some of the senior management replaced. I think that so goes the US retail economy, so too with JCP.” I hardly think that JC Penny resolved their issues this week or that the market cap deserves to be up +6.8 pct in five days.

Table 5: Senior consumer discretionary 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
JCP	44.12	-0.41	-0.92%	6.83%	-0.47%	-18.16%	-43.48%	-33.14%	-45.24%	-42.95%
BC	20.39	0.57	2.88%	5.87%	-3.87%	-6.98%	-36.12%	-18.05%	-41.02%	-37.01%
CCL	45.12	0.51	1.14%	5.59%	0.94%	-3.59%	-11.44%	0.27%	-10.51%	-7.90%
EBAY	33.53	-0.02	-0.06%	4.98%	4.36%	-4.20%	11.14%	-0.21%	0.93%	3.58%
DIS	33.15	0.34	1.04%	4.11%	2.31%	-1.92%	-3.07%	-0.96%	-7.69%	0.30%
WHR	80.96	1.61	2.03%	3.95%	3.33%	4.12%	-4.37%	-14.91%	-27.60%	-5.09%
NKE	65.65	0.94	1.45%	2.98%	4.12%	2.87%	34.45%	17.74%	17.80%	32.71%
TM	112.45	-0.21	-0.19%	2.79%	1.78%	-1.75%	-16.89%	-0.74%	-6.33%	-6.33%
SBUX	23.39	0.35	1.52%	1.39%	-2.95%	-9.45%	-33.65%	-14.48%	-18.50%	-33.72%

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

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

XLP Monthly data:

XLP Weekly data:

XLP Daily data:

Table 6: Senior consumer staples 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
ABV	75.08	1.08	1.46%	8.67%	2.12%	-7.09%	52.91%	11.36%	11.99%	62.83%
MO	77.56	1.58	2.08%	6.29%	7.32%	7.90%	19.47%	12.00%	8.49%	22.72%
WFMI	43.01	0.81	1.92%	5.55%	-6.09%	-8.90%	-5.43%	-2.58%	4.62%	-11.86%
BUD	52.72	1.46	2.85%	5.04%	5.84%	4.58%	7.11%	8.93%	0.08%	10.97%
WMT	47.90	0.36	0.76%	4.75%	3.68%	8.79%	0.74%	10.57%	1.66%	3.90%
PEP	77.18	0.64	0.84%	2.21%	4.89%	6.62%	23.05%	13.73%	12.56%	24.54%
PG	74.00	-0.15	-0.20%	1.56%	3.02%	7.89%	14.66%	13.83%	15.90%	17.85%
DEO	90.58	-1.37	-1.49%	1.41%	1.86%	0.31%	13.89%	8.28%	6.46%	17.19%
KO	62.10	-0.69	-1.10%	-0.32%	0.24%	1.97%	27.83%	16.29%	17.06%	32.61%
WAG	36.59	-0.70	-1.88%	-7.90%	-7.58%	-6.25%	-20.58%	-18.00%	-19.14%	-9.63%

XLP (consumer staples) gained +2.28 pct W/W to close at 29.19.

ABV jumped +8.7 pct and MO +6.3 pct. Walgreen (WAG) dropped -7.9 pct.

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

Here’s the IYH Monthly, Weekly and Daily data charts:

IYH Monthly data:

IYH Weekly data:

IYH Daily data:

Table 7: Senior healthcare 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
BMY	29.63	0.23	0.78%	5.52%	6.77%	1.61%	12.32%	2.88%	-1.63%	19.33%
GSK	52.68	0.46	0.88%	3.72%	6.90%	3.68%	-2.10%	2.85%	-0.08%	-0.85%
PFE	23.76	0.16	0.68%	3.39%	2.02%	-0.79%	-9.62%	-3.22%	-13.32%	-13.57%
AET	55.88	0.19	0.34%	3.21%	1.88%	1.56%	30.32%	10.72%	5.31%	35.27%
AMGN	55.25	-0.21	-0.38%	2.77%	0.84%	-3.48%	-19.23%	10.32%	-0.02%	-22.18%
DNA	76.25	0.01	0.01%	1.91%	2.31%	4.29%	-6.78%	3.70%	-3.16%	-6.73%
UNH	55.00	0.24	0.44%	1.72%	3.73%	13.29%	4.62%	12.13%	0.79%	12.06%
JNJ	67.74	-0.66	-0.96%	1.29%	1.29%	4.76%	2.02%	9.97%	7.15%	2.78%
NVS	56.52	-0.86	-1.50%	0.96%	7.07%	6.90%	-2.79%	8.21%	0.37%	-3.24%
BMET	45.99	0.06	0.13%	0.24%	0.31%	0.48%	10.90%	1.05%	8.47%	41.68%

IYH (healthcare) had a strong gain of +3.68 pct W/W to close at 72.73.

BMY +5.5 pct, GSK +3.7 pct and PFE +3.4 pct were up sharply.

I gather from someone who knows that (former Cara 100) Pfizer might be lining their ducks up properly for the next couple years.

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

Here’s the XLF Monthly, Weekly and Daily data charts:

XLF Monthly data:

XLF Weekly data:

XLF Daily data:

Table 8: Senior financial company 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
MER	59.94	2.53	4.41%	11.95%	4.61%	-3.62%	-35.97%	-16.96%	-35.52%	-31.44%
UBS	50.48	1.11	2.25%	11.58%	5.72%	-0.53%	-17.77%	-2.09%	-22.22%	-16.17%
JPM	45.62	1.97	4.51%	8.75%	4.80%	2.93%	-5.10%	3.75%	-12.37%	-1.43%
DB	131.75	1.25	0.96%	5.95%	7.09%	3.70%	-2.65%	8.35%	-13.25%	1.85%
MS	52.72	0.38	0.73%	5.67%	-1.03%	-15.54%	-35.41%	-12.37%</