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May 31, 2008
Daily Report for Sat, May 31, 2008
Markets Re-cap
There were too many mixed signals in the past few days for either bull or bear side to take hold.
On Friday, the DJIA (-7.90 -0.06% to 12,638.32), S&P 500 (+2.12 +0.15% to 1400.38), and NASDAQ Composite (+14.34 +0.57% to 2522.66) were mixed. Energy (XLE +1.0%) was strongest and Financials (XLF -1.3%) the weakest.
The Cara 100 winners on the day were: INFY +8.3%, DELL +5.7%, CTSH +5.3% and CHA +5.0%. The losers were: DB -6.1% and UBS -3.6%.
Goldminer stocks ($XAU +2.2%) (after the prior day’s loss of -4.1%) and Semi-conductors ($SOX +2.1%) were the strongest of the industry groups. Yesterday’s losers were Airlines ($XAL -1.4%) and Banks ($BKX -1.3%).
On the macro-economic front, April personal income in the US was relatively strong +0.2% as expected but spending at +0.2% was weaker than expected. The Reuters/University of Michigan Consumer sentiment index continued its southward journey, hitting a 28-year low.
On the corporate mergers and acquisitions front, United Airlines (UAL) said a deal with Continental Airlines (CAL) is near, ending talks with US Airways (LCC).
After an opening move to the downside, the Crude Oil price ($WTIC) closed up +$0.73/bbl to 127.35. $GOLD gained $9.80/oz to 891.50.
Comments & Outlook
The SEC has released the Proposed Rule on Interactive Data to Improve Financial Reporting. Please see my notes in the Community Chat, where I hope to see some Discourse on the topic.
Traders are slightly bullish in the equity market, but the last three days seems to have taken on a “contrived” appearance.
I’ll work on the Week In Review tomorrow, but the lifestyle/weather in the Bahamas is hindering my concentration.
Have a good day, and weekend.
Links & Charts
International Economics Review
Knobias Cara100 Tables
|
Portfolio GAINERS |
| SYMB | LAST | CHG | %C | VOL |
| INFY | 49.110 | +3.750 | +8.3 | 7.8M |
| DELL | 23.060 | +1.250 | +5.7 | 78.4M |
| CTSH | 35.280 | +1.790 | +5.3 | 8.1M |
| CHA | 71.160 | +3.360 | +5 | 0K |
| TCK | 49.550 | +1.630 | +3.4 | 814K |
| SLW | 14.500 | +0.440 | +3.1 | 2.3M |
| TM | 102.050 | +2.840 | +2.9 | 409.8K |
| ABX | 40.290 | +1.120 | +2.9 | 5.4M |
| STO | 39.150 | +1.050 | +2.8 | 1.5M |
| PDA | 65.700 | +1.750 | +2.7 | 106.1K |
| CCL | 40.060 | +1.040 | +2.7 | 5.5M |
| NUE | 74.800 | +1.900 | +2.6 | 6.8M |
| MICC | 115.860 | +2.800 | +2.5 | 352.8K |
| PTR | 142.550 | +3.400 | +2.4 | 776.2K |
| GRMN | 48.650 | +1.070 | +2.2 | 2.6M |
| HDB | 99.750 | +2.130 | +2.2 | 301.5K |
| ERJ | 37.520 | +0.760 | +2.1 | 1M |
| IMO | 58.300 | +1.140 | +2 | 275.3K |
| CSCO | 26.720 | +0.510 | +1.9 | 61.4M |
| BBD | 24.010 | +0.420 | +1.8 | 8.9M |
| GG | 40.140 | +0.690 | +1.7 | 4.4M |
| CCJ | 40.950 | +0.690 | +1.7 | 2.3M |
| SNDK | 28.310 | +0.450 | +1.6 | 5.2M |
| TS | 61.300 | +0.930 | +1.5 | 3M |
| AET | 47.160 | +0.650 | +1.4 | 3.4M |
|
Portfolio LOSERS |
| SYMB | LAST | CHG | %C | VOL |
| DB | 106.470 | -6.880 | -6.1 | 726.2K |
| UBS | 23.660 | -0.880 | -3.6 | 12.6M |
| BC | 13.700 | -0.450 | -3.2 | 4M |
| JCP | 40.240 | -1.270 | -3.1 | 5.3M |
| COST | 71.320 | -1.660 | -2.3 | 5.9M |
| BHP | 84.340 | -1.410 | -1.6 | 4M |
| EXC | 88.000 | -1.390 | -1.6 | 4.6M |
| LEH | 36.810 | -0.560 | -1.5 | 12.7M |
| VIP | 35.270 | -0.510 | -1.4 | 3.1M |
| QCOM | 48.540 | -0.680 | -1.4 | 20.2M |
| PAYX | 34.550 | -0.460 | -1.3 | 3.4M |
| KSS | 44.800 | -0.530 | -1.2 | 3.9M |
| YHOO | 26.760 | -0.310 | -1.1 | 17.7M |
| KO | 57.260 | -0.610 | -1.1 | 13.4M |
| KB | 62.450 | -0.650 | -1 | 366.8K |
| ABV | 68.670 | -0.640 | -0.9 | 1.3M |
| WHR | 73.680 | -0.660 | -0.9 | 741.1K |
| MFC | 38.670 | -0.330 | -0.8 | 712.5K |
| SBUX | 18.190 | -0.140 | -0.8 | 11.9M |
| TGT | 53.360 | -0.390 | -0.7 | 6.3M |
| SWK | 48.580 | -0.330 | -0.7 | 665.5K |
| XOM | 88.760 | -0.590 | -0.7 | 26.9M |
| BBBY | 31.860 | -0.210 | -0.7 | 3M |
| CHL | 73.790 | -0.470 | -0.6 | 2M |
| DIS | 33.600 | -0.210 | -0.6 | 12.7M |
|
Portfolio 52-Wk HIGHS |
| SYMB | DAY HIGH | LAST | CHG | %CHG | VOL |
| TS | 62.280 | 61.300 | +0.930 | +1.54 | 3.00M |
| QCOM | 49.500 | 48.540 | -0.680 | -1.38 | 20.20M |
|
Portfolio 52-Wk LOWS |
| SYMB | DAY LOW | LAST | CHG | %CHG | VOL |
| BC | 13.390 | 13.700 | -0.450 | -3.18 | 4.03M |
| GFI | 12.750 | 12.930 | +0.030 | +0.23 | 4.78M |
|
Portfolio VOLUME |
| SYMB | LAST | %C | VOL | %ADSV |
| DELL | 23.060 | +5.7 | 78.4M | +218 |
| INFY | 49.110 | +8.3 | 7.8M | +180 |
| BC | 13.700 | -3.2 | 4M | +155 |
| UBS | 23.660 | -3.6 | 12.6M | +133 |
| CHRW | 64.500 | -0.4 | 3.2M | +97 |
| GGB | 49.960 | +0.7 | 4.7M | +59 |
| ERJ | 37.520 | +2.1 | 1M | +47 |
| DB | 106.470 | -6.1 | 726.2K | +47 |
| TS | 61.300 | +1.5 | 3M | +46 |
| CTSH | 35.280 | +5.3 | 8.1M | +45 |
| GSK | 44.530 | +1.3 | 1.8M | +43 |
| EXC | 88.000 | -1.6 | 4.6M | +43 |
| CCL | 40.060 | +2.7 | 5.5M | +31 |
| KO | 57.260 | -1.1 | 13.4M | +29 |
| IBN | 37.730 | +0.1 | 3.2M | +27 |
| ABV | 68.670 | -0.9 | 1.3M | +24 |
| COST | 71.320 | -2.3 | 5.9M | +22 |
| PAYX | 34.550 | -1.3 | 3.4M | +20 |
| BDK | 64.700 | +1.1 | 757.6K | +19 |
| NOK | 28.400 | +1.4 | 19.8M | +18 |
| CSCO | 26.720 | +1.9 | 61.4M | +17 |
| TT | 46.420 | +0 | 2.6M | +16 |
| UTX | 71.040 | +1.2 | 5.3M | +16 |
| JCP | 40.240 | -3.1 | 5.3M | +14 |
| QCOM | 48.540 | -1.4 | 20.2M | +14 |
|
|
Analysts UPGRADES |
| SYMB | ANALYST | OLD | NEW | BEFORE | AFTER | ||
| DELL | Merrill Lynch | --- |
|
--- | Neutral |
|
Buy |
| PBR | Goldman Sachs | --- |
|
--- | Neutral |
|
Buy |
| • PREVIOUS SESSION | |||||||
| NONE FOUND. | |||||||
|
Analysts DOWNGRADES |
| SYMB | ANALYST | OLD | NEW | BEFORE | AFTER | ||
| COST | Piper Jaffray | --- |
|
77.00 | Buy |
|
Neutral |
| • PREVIOUS SESSION | |||||||
| NONE FOUND. | |||||||
Cara 100 Daily RSI-7 Charts
At least one RSI value >70:
| Ticker | Last | RSI-7M | RSI-7W | RSI-7D | Zone |
|---|---|---|---|---|---|
| SYT | 61.29 | 93.80 | 61.84 | 52.82 | |
| ECA | 90.37 | 86.05 | 67.01 | 46.36 | Sell alert (trig. 6 days ago [on 2008-05-22 at $94.31, -4.18% chg], after a 8 day DZ) |
| GGB | 49.96 | 85.52 | 91.06 | 62.67 | Sell alert (trig. 2 days ago [on 2008-05-29 at $49.59, +0.75% chg], after a 1 day DZ) |
| WMT | 57.74 | 85.38 | 71.81 | 63.49 | |
| ATVI | 33.75 | 81.22 | 82.65 | 75.73 | Distribution Zone (for 2 days) |
| PDA | 65.70 | 80.15 | 84.10 | 75.81 | Distribution Zone (for 3 days) |
| PBR | 70.50 | 79.95 | 71.94 | 50.91 | Sell alert (trig. 6 days ago [on 2008-05-22 at $72.02, -2.11% chg], after a 5 day DZ) |
| RIMM | 138.87 | 79.06 | 69.16 | 61.77 | |
| QCOM | 48.54 | 77.77 | 80.21 | 66.69 | Sell alert (trig. 1 days ago [on 2008-05-30 at $48.54, +0.00% chg], after a 1 day DZ) |
| RIO | 39.78 | 77.06 | 60.67 | 40.89 | Sell alert (trig. 7 days ago [on 2008-05-21 at $41.78, -4.79% chg], after a 3 day DZ) |
| ABB | 32.48 | 76.36 | 74.83 | 55.77 | Sell alert (trig. 5 days ago [on 2008-05-23 at $32.76, -0.85% chg], after a 1 day DZ) |
| CHRW | 64.50 | 75.48 | 72.85 | 53.97 | |
| SU | 68.35 | 75.17 | 71.15 | 54.21 | Sell alert (trig. 4 days ago [on 2008-05-27 at $68.73, -0.55% chg], after a 12 day DZ) |
| TS | 61.30 | 75.14 | 85.62 | 68.25 | Sell alert (trig. 4 days ago [on 2008-05-27 at $59.21, +3.53% chg], after a 6 day DZ) |
| STO | 39.15 | 74.11 | 69.25 | 51.02 | Sell alert (trig. 4 days ago [on 2008-05-27 at $39.07, +0.20% chg], after a 7 day DZ) |
| EXC | 88.00 | 73.42 | 63.51 | 51.85 | Sell alert (trig. 3 days ago [on 2008-05-28 at $88.82, -0.92% chg], after a 1 day DZ) |
| VCP | 33.66 | 73.19 | 61.23 | 70.90 | |
| TT | 46.42 | 71.94 | 62.07 | 53.06 | Sell alert (trig. 8 days ago [on 2008-05-20 at $46.53, -0.24% chg], after a 1 day DZ) |
| CVX | 99.15 | 71.60 | 69.26 | 47.15 | Sell alert (trig. 5 days ago [on 2008-05-23 at $100.73, -1.57% chg], after a 6 day DZ) |
| COST | 71.32 | 71.40 | 59.95 | 43.90 | |
| TOT | 87.26 | 70.38 | 72.03 | 54.47 | Sell alert (trig. 4 days ago [on 2008-05-27 at $87.15, +0.13% chg], after a 6 day DZ) |
| BBD | 24.01 | 70.12 | 66.90 | 68.40 | |
| NUE | 74.80 | 70.09 | 57.19 | 45.17 | |
| LLTC | 36.77 | 66.47 | 80.01 | 58.84 | |
| ORCL | 22.84 | 65.51 | 72.35 | 69.56 | |
| ADBE | 44.06 | 61.10 | 77.89 | 79.13 | |
| INFY | 49.11 | 60.37 | 70.82 | 79.45 | |
| CTSH | 35.28 | 52.69 | 67.76 | 79.08 | |
| DELL | 23.06 | 47.97 | 75.56 | 83.59 | |
| AET | 47.16 | 45.46 | 60.46 | 74.79 | |
| BMY | 22.79 | 36.41 | 54.47 | 71.60 | |
| SBUX | 18.19 | 29.56 | 57.33 | 75.77 |
At least one RSI value <30:
| Ticker | Last | RSI-7M | RSI-7W | RSI-7D | Zone |
|---|---|---|---|---|---|
| UBS | 23.66 | 10.99 | 20.26 | 9.67 | Accumulation Zone (for 4 days) |
| BC | 13.70 | 13.90 | 28.30 | 11.97 | Accumulation Zone (for 2 days) |
| WFMI | 29.00 | 21.49 | 34.00 | 43.86 | Buy alert (trig. 3 days ago [on 2008-05-28 at $28.69, +1.08% chg], after a 5 day AZ) |
| JCP | 40.24 | 24.00 | 42.17 | 35.46 | |
| GOL | 15.36 | 25.03 | 41.76 | 49.55 | |
| BDK | 64.70 | 27.12 | 38.30 | 47.16 | |
| SBUX | 18.19 | 29.56 | 57.33 | 75.77 | |
| GFI | 12.93 | 30.67 | 36.83 | 29.41 | |
| DB | 106.47 | 31.58 | 28.83 | 12.72 | |
| GE | 30.72 | 34.37 | 27.00 | 29.64 | |
| IBN | 37.73 | 36.41 | 31.76 | 20.28 | |
| ABV | 68.67 | 49.19 | 33.71 | 16.92 | |
| CHL | 73.79 | 51.47 | 34.66 | 23.65 |
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
NASDAQ Composite (interactive) chart
Table 14: Dow 30 List
| Symbol | Close | 1Day Change |
1Day %Change |
1W %Change |
2W %Change |
4W %Change |
YTD %Change |
3M %Change |
6M %Change |
12M %Change |
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) (
