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March 27, 2008

Daily Report for Thu, Mar 27, 2008

Markets Re-cap

Following more weak economic data (Durable Goods Orders and a 13-year low in New Home Sales), US equity markets sold down yesterday.

The DJIA (-0.88% to 12422.8), S&P 500 (-0.88% to 1341) and Nasdaq Composite (--0.71%) to 2324 all lost ground.

After the bell, Oracle reported strong results but missed revenue guidance. ORCL plunged -8.0% to 19.26. On the deals front, Ford Motor (F) announced the sale of Jaguar and Land Rover luxury brands to Tata Motors (TTM) for $2.3 billion.


Comments & Outlook

Not surprisingly, in the final months of the Bush Administration, Treasury Secretary Paulson is attempting to hijack control of the People's Treasury and SEC securities regulation of investment banks in favor of the Wall Street-controlled Federal Reserve Bank under Bernanke. Five Fed Heads will be doing a dog and pony show today that will be well covered in the media.

I believe Washington will square off, demanding answers as to what's happening in the boardrooms of Paulson, Bernanke and Friends. Senator Charles Grassley (R), on Bloomberg last evening, showed just how clueless Washington is to the nation's financial system. Could somebody please post a link to that video. Thank you.

I'm not feeling too well today having dental freezing late in the afternoon yesterday, so I will not continue this report.

Have a good day.

Oh yes, yesterday I think I commented about being surprised at the projected growth rates of Google (GOOG), which were notably much slower than I believe most traders perceive them to be. Caution here. The slowdown of the economy is upon us.

Addendum: The Buy/Sell Alert table below includes Lehman Bros (LEH). That's a mistake. Apparently my right hand doesn't know what the left one is up to. I cut LEH from the Cara 100 when Bear Stearns went under water, fearing that weak banks like Lehman might possibly not recover in this cycle. Not being totally comfortable with Lehman, I rejected it from the Cara 100.


Links & Charts


International Economics Review

US Economic Calendar.



Knobias Cara100 Tables

 Portfolio GAINERS
SYMB LAST CHG %C VOL
RIO 34.680 +1.670 +5.1 34.6M
ABX 45.510 +1.960 +4.5 11.8M
TCK 41.150 +1.550 +3.9 993.4K
ABB 26.400 +0.970 +3.8 4.4M
SLW 17.070 +0.500 +3 3.4M
GFI 14.890 +0.420 +2.9 5.1M
PBR 104.800 +2.360 +2.3 9.5M
ECA 75.600 +1.650 +2.2 2.8M
TGP 28.390 +0.590 +2.1 151.1K
DNA 82.010 +1.640 +2 4M
CEO 141.500 +2.760 +2 428.3K
RIMM 118.150 +2.200 +1.9 20.6M
TS 49.310 +0.880 +1.8 1.5M
SU 98.380 +1.750 +1.8 2.2M
ADBE 37.200 +0.660 +1.8 11.4M
IMO 52.860 +0.880 +1.7 397.1K
GOOG 458.190 +7.410 +1.6 5.2M
GG 40.640 +0.630 +1.6 7.4M
DEO 84.050 +1.300 +1.6 622.8K
TOT 74.170 +1.140 +1.6 1.3M
STO 29.750 +0.420 +1.4 676.3K
XOM 86.260 +1.060 +1.2 23M
GRMN 60.890 +0.710 +1.2 3M
NTES 18.370 +0.210 +1.2 2.3M
BHP 65.160 +0.730 +1.1 3.5M

 Portfolio LOSERS
SYMB LAST CHG %C VOL
GOL 15.990 -1.030 -6.1 638K
LEH 42.490 -2.720 -6 23.8M
VIP 28.850 -1.740 -5.7 4.6M
BC 16.890 -0.960 -5.4 1.8M
IBN 40.690 -2.310 -5.4 2.8M
JCP 41.680 -2.050 -4.7 5.2M
BDK 67.300 -2.920 -4.2 849.4K
MBT 75.350 -3.030 -3.9 1.3M
CSCO 24.780 -0.970 -3.8 78.5M
CHA 62.870 -2.300 -3.5 242.9K
KSS 45.170 -1.570 -3.4 4M
MICC 97.760 -3.380 -3.3 905.5K
UBS 29.160 -0.930 -3.1 6.5M
NKE 66.270 -2.100 -3.1 5.2M
SNDK 21.170 -0.590 -2.7 4.3M
RY 46.490 -1.290 -2.7 748.9K
KB 56.360 -1.560 -2.7 871.9K
HDB 101.750 -2.800 -2.7 498.3K
TM 104.210 -2.740 -2.6 369.5K
LLTC 30.860 -0.810 -2.6 7.3M
GSK 41.970 -1.100 -2.6 1.7M
PTR 124.090 -3.080 -2.4 1M
AET 43.960 -1.060 -2.4 4.7M
GS 175.480 -4.150 -2.3 11.6M
CCL 41.200 -0.910 -2.2 4.5M

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

 Portfolio 52-Wk LOWS
SYMB DAY LOW LAST CHG %CHG VOL
NONE FOUND.

 Portfolio VOLUME
SYMB LAST %C VOL %ADSV
ORCL 20.940 -0.7 84.7M +83
NTES 18.370 +1.2 2.3M +73
RIO 34.680 +5.1 34.6M +39
VIP 28.850 -5.7 4.6M +35
LLTC 30.860 -2.6 7.3M +29
BC 16.890 -5.4 1.8M +22
NKE 66.270 -3.1 5.2M +19
CSCO 24.780 -3.8 78.5M +16
ABX 45.510 +4.5 11.8M +15
ADBE 37.200 +1.8 11.4M +13

 Analysts UPGRADES
SYMB ANALYST OLD   NEW BEFORE   AFTER
ABX Scotia Cap --- --- Sector Perform Sector Outperform
ECA Bernstein --- --- Underperform Mkt Perform
• PREVIOUS SESSION
UBS Fox-Pitt --- --- Underperform In-line
YHOO Smith Barney --- --- Hold Buy
CCJ Merrill Lynch --- --- Neutral Buy
QCOM Merrill Lynch --- --- Neutral Buy

 Analysts DOWNGRADES
SYMB ANALYST OLD   NEW BEFORE   AFTER
NONE FOUND.
• PREVIOUS SESSION
NONE FOUND.


Cara 100 Daily RSI-7 Charts


At least one RSI value >70:
rsi
TickerLastRSI-7MRSI-7WRSI-7DZone
GG40.6477.2158.6848.75
ECA75.6076.9267.7354.36Sell alert (trig. 7 days ago [on 2008-03-17 at $76.34, -0.97% chg], after a 2 day DZ)
WMT52.9075.7474.8667.59Sell alert (trig. 2 days ago [on 2008-03-25 at $53.05, -0.28% chg], after a 2 day DZ)
SLW17.0773.6555.8449.74Sell alert (trig. 7 days ago [on 2008-03-17 at $18.17, -6.05% chg], after a 2 day DZ)
KO61.1572.5462.4369.46
TT45.8071.6669.3054.49Sell alert (trig. 8 days ago [on 2008-03-14 at $45.46, +0.75% chg], after a 1 day DZ)
RIMM118.1569.2967.8973.01
COST66.6267.0657.1074.06
DNA82.0161.4671.0069.12
GE37.1354.7667.2471.00
ADBE37.2043.2155.2674.76Buy alert (trig. 6 days ago [on 2008-03-18 at $31.88, +16.69% chg], after a 1 day AZ)

At least one RSI value <30:
rsi
TickerLastRSI-7MRSI-7WRSI-7DZone
SBUX17.6614.1733.5847.90
BC16.8915.1246.6953.62
UBS29.1615.1920.5449.15Buy alert (trig. 6 days ago [on 2008-03-18 at $28.85, +1.07% chg], after a 2 day AZ)
SNDK21.1721.5616.7140.59
BMY21.2022.1018.2442.39Buy alert (trig. 6 days ago [on 2008-03-18 at $21.35, -0.70% chg], after a 2 day AZ)
LEH42.4923.2726.4544.52Buy alert (trig. 6 days ago [on 2008-03-18 at $46.49, -8.60% chg], after a 2 day AZ)
KSS45.1725.7249.7456.74Buy alert (trig. 6 days ago [on 2008-03-18 at $42.53, +6.21% chg], after a 1 day AZ)
DELL20.1625.8637.2453.77
BDK67.3026.5843.1651.71
JCP41.6828.0541.4248.16
GSK41.9728.0831.9546.57Buy alert (trig. 7 days ago [on 2008-03-17 at $41.03, +2.29% chg], after a 1 day AZ)
GOL15.9928.1123.8846.18Buy alert (trig. 6 days ago [on 2008-03-18 at $16.45, -2.80% chg], after a 8 day AZ)
KB56.3628.6336.1753.02Buy alert (trig. 3 days ago [on 2008-03-24 at $56.40, -0.07% chg], after a 5 day AZ)
WFMI33.0029.9429.6549.14
AET43.9635.5827.7343.18
OXPS21.2436.3025.4549.80
IBN40.6937.0527.1347.06
GOOG458.1937.2729.2658.41
PTR124.0940.9726.7839.38
VIP28.8551.9529.6233.08
MBT75.3554.0629.4339.77


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 14: 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
C 22.05 -1.37 -5.85% 6.47% 2.61% -11.62% -23.76% -27.59% -52.63% -57.22%
AXP 45.36 -2.15 -4.53% 3.77% 3.49% -0.98% -11.13% -14.25% -23.13% -20.70%
WMT 52.90 -0.15 -0.28% 3.77% 5.27% 2.92% 12.79% 9.34% 22.17% 10.58%
HD 28.16 -0.60 -2.09% 3.57% 7.48% -2.32% 7.85% 4.33% -14.64% -25.72%
MRK 44.70 0.03 0.07% 3.50% 5.62% -3.64% -22.08% -24.77% -15.02% 1.43%
JPM 44.11 -1.95 -4.23% 3.40% 13.57% 0.89% 4.60% -1.85% -4.38% -9.43%
KO 61.15 -0.26 -0.42% 2.93% 2.82% 2.74% 0.10% -2.95% 6.63% 27.00%
GE 37.13 -0.11 -0.30% 2.74% 11.17% 9.40% 1.01% -1.12% -10.03% 3.14%
T 37.76 -0.24 -0.63% 2.69% 4.63% 6.16% -7.90% -10.73% -11.84% -3.94%
VZ 36.14 -0.76 -2.06% 2.41% 2.64% -1.82% -16.36% -19.87% -18.75% -4.06%
BAC 39.84 -1.13 -2.76% 2.34% 5.62% -6.74% -1.78% -5.82% -20.97% -22.73%
PG 69.64 0.10 0.14% 1.55% 4.47% 2.90% -3.69% -5.94% -1.23% 8.98%
MCD 55.60 -0.60 -1.07% 1.37% 2.49% -1.51% -4.30% -7.15% 1.46% 23.23%
PFE 20.69 -0.09 -0.43% 1.32% -4.74% -9.37% -9.69% -10.82% -15.83% -19.40%
AIG 44.06 -1.75 -3.82% 0.89% 0.14% -14.31% -21.74% -25.97% -34.75% -35.16%
CAT 77.36 0.72 0.94% 0.64% 6.54% 5.54% 9.53% 4.98% 0.91% 15.74%
UTX 69.61 -0.55 -0.78% 0.59% 1.81% -5.02% -7.45% -10.55% -13.20% 4.82%
INTC 21.86 -0.41 -1.84% 0.51% 3.11% 5.65% -13.77% -20.36% -15.63% 13.32%
GM 19.48 -0.87 -4.28% 0.36% -10.52% -20.75% -20.20% -26.55% -48.25% -39.60%
DIS 31.76 -0.32 -1.00% 0.13% 1.83% -3.44% -0.25% -3.23% -8.00% -9.82%
JNJ 64.70 0.15 0.23% -0.28% 3.62% 1.54% -1.84% -4.23% -1.06% 7.39%
BA 76.30 0.40 0.53% -0.30% 3.95% -9.78% -11.91% -15.22% -26.95% -16.00%
HPQ 47.34 -0.92 -1.91% -1.23% -1.21% -3.78% -4.96% -10.29% -6.48% 17.06%
IBM 116.91 -1.06 -0.90% -1.27% 0.36% 2.21% 11.67% 4.80% -0.33% 23.06%
CVX 84.96 0.53 0.63% -1.35% -3.63% -3.59% -9.09% -10.42% -8.16% 14.19%
DD 46.83 -0.47 -0.99% -1.35% 0.56% -0.99% 7.06% 3.91% -6.08% -8.82%
XOM 86.26 1.06 1.24% -2.35% -0.48% -4.04% -7.75% -9.02% -6.61% 14.30%
MMM 78.66 -0.32 -0.41% -2.83% 0.91% -3.24% -4.90% -8.61% -15.00% 1.65%
MSFT 28.56 -0.58 -1.99% -2.92% -2.46% 0.63% -18.91% -21.99% -3.19% 1.20%
AA 36.03 0.29 0.81% -6.66% -4.58% -6.42% -0.28% -3.69% -6.34% 5.44%

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

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
XLP 27.91 -0.09 -0.32% 2.23% 1.49% 0.11% -1.69% -4.42% 0.43% 4.92%
XLY 31.47 -0.56 -1.75% 2.14% 2.78% -4.55% -2.27% -5.78% -14.55% -18.20%
IYZ 23.38 -0.28 -1.18% 2.01% 0.86% -4.88% -19.85% -23.32% -31.42% -24.65%
IYH 63.28 -0.25 -0.39% 0.78% 1.38% -6.32% -9.73% -12.48% -10.84% -6.00%
XLF 25.56 -1.02 -3.84% 0.55% 1.27% -6.85% -9.87% -13.68% -24.96% -29.04%
XLK 22.79 -0.41 -1.77% -0.18% 1.06% -0.22% -12.75% -16.61% -15.87% -3.43%
SPY 133.20 -1.65 -1.22% -0.32% 0.38% -3.73%<