[End-of-session Report] Paulson's comments mid-day sent the market to lows of the day with FRE and FNM leading the way down after a bailout seemed off the table in the short term with "their primary focus is to support FNM and FRE in their current form as they carry out their important mission" comments. After reaching lows of over 2% on the Dow, reports surfaced that Bernanke may possibly open the Discount Window to the GSE's in an attempt to thwart complete insolvency. Sources noted that Bernanke had meant for the window to be open to the GSE's but no official word had been reported from the Fed. Senator Christopher Dodd also noted that the mortgage finance giants were "fundamentally strong" and questions about their capital were unwarranted. After the reports, the market responded with an afternoon rally possibly caused by a short covering that wiped out the losses for the day. After reaching green territory for a brief moment, the rally failed and settled down over 120+ points on the Dow. Treasuries were also still down following the release of the Treasury Budget.

[Mid-session Report] Paulson commented regarding the GSE's and noted "their primary focus is to support FNM and FRE in their current form as they carry out their important mission." The news that a bailout is off the table in the short term has sent the financials and the overall market into a plunge. GE seemed to be the only blue chipper able to stay in the green following their inline earnings report. As oil reached record highs, the Pentagon responded to reports of Israeli preparations and refuted aerial maneuvers over Iraqi soil. The news sent oil off its highs but still up on the day. Even so, the Bears continued to rule the day as the VIX reached a 3 month high and crept ever closer to the 30 psychological area while the Dow reached areas not seen in two years and flirted with daily lows. Surprisingly, yields on treasuries were up suggesting money was on the sidelines waiting for a catalyst.

TOP STORIES
- Fannie, Freddie Shares Tumble On Capital Worries
- WB: Cut To In-Line From Outperform At Fox-Pitt
- GE Posts 5.8% Drop In 2Q Net On GE Money, Industrial Woes
- APC: Upgraded to Outperform from Market Perform
- Record Rise In US Import Prices Signals Inflation Risk
- Inbev Raises Anheuser Offer To $70 A Share
- Oil Tops $146 On Supply Jitters, Weak Dollar
- Credit Mutuel Buys Citigroup's German Operations For €4.9B
- MSFT: CSFB Starts @ Outperform; Sets Tgt @ $35; Analyst Notes
- Paulson Comments on GSE's; Supports Backing FNM and FRE in their Current Form
- Pentagon Denies Israeli Aerial Exercises over Iraq
- The White House Calls For Quick Passage Of Housing Bill; Objects $4B Foreclosure Provision; Notes that FNM and FRE are Important Institutions and Paulson and Bernanke Are Working Very Hard on the Issue.

At the close, the DJIA sank -128.48 -1.14% to 11100 (an intraday low of 10977.68); S&P 500 was down -13.90 -1.11% to 1239.49; and the NASDAQ Composite lost -18.77 -0.83% to 2239.08. The Toronto Composite dropped -34.78 -0.25% to 13709.10, while the Toronto Venture managed to lift +0.34% to 2391.86.

Confidence in the major US mortgage lenders and in the key monetary policy makers and regulators Paulson and Bernanke has plunged and with it the $USD has sunk to a close Friday of 71.94 (-0.76%), while the Euro rocketed up to 1.5935 (+0.92%).

With this fall in the USD, oil and gold speculators are rushing into oil and precious metals as a short-term hedge. Crude Oil ($WTIC) gained +$3.33/bbl (for a two-session gain of +9.61/bbl) and $GOLD gained +$18.60/oz (for a two-session gain of 32.00/oz) as the $USD plummeted from 73.00 on Wednesday morning to a close of 71.94.

The leading sector ETF was Goldminers ($XAU +4.0%), which also gained +2.8% on Thursday. The losers were Financials (XLF -2.8%) and Consumer Discretionary (XLY -2.1%), for a two-session haircut of -3.9%.

The losing industry groups were Airlines ($XAL -5.6%), Banks ($BKX -2.2%) and Broker-Dealers ($XBD -2.0%).

Cara 100 winners were the expected precious metal players: SLW +6.9%, ABX and GG +5.3%, and GFI +3.7%. The losers were INFY -13.3% and IBN -7.4%, both of which reflect extreme selling in the India market.

The 30-year US Bond ($USB) lost -1.25% to 115.84, which is a significant pull-back as traders rushed to cash and T-Bills. Some of these bonds may have been sold to withdraw the cash from brokerage houses and banks as traders are becoming increasingly concerned that FDIC insurance may be inadequate. Meanwhile, yields moved +2.2% to 4.517 for the 30-year Treasury; up +3.4% to 3.940 for the 10-year; and up +6.0% to 3.275 for the 5-year. As traders made the save-haven play into T-Bills, the higher price dropped the yield -3.7% to 1.57. On Tuesday morning the yield was 1.775.

As the US Dollar index ($USD) lost -0.76% to close at 71.94, the Euro gained +0.92% to 1.5935. The Yen gained +0.77% to 94.14; and the Pound gained +0.59% to 198.89. The Cdn Loonie lost -0.05% to 0.9901.

During Friday, the European stocks were hammered. The FTSE 100 closed down -2.69% to 5261.6; the French CAC down -3.09% to 4100.64; and the German DAX off -2.41% to 6153.3.

Crude Oil futures closed the week at 145.66.

Spot prices at the close of the week for gold, palladium, platinum and silver were at 963.7, 448.5, 2027, and 18.79. I noted that the palladium and platinum actually sold off a bit as gold and silver rallied later in the session.

I also noted that the futures for the USD strengthened and Euro weakened a bit late in the session.

The DJIA futures closed the week at 11096.

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Comments & Outlook

Traders seem to be engrossed in the future of Fannie (FNM) and Freddie (FRE) and whether the Fed can or will save them. For some time now I have opined that nobody truly knows the value of the syndicated mortgage-backed asset holdings of these companies, so, just like the independent trader would not save IndyMac from its eventual demise Friday because they won’t put more capital into it, the shareholders of FNM and FRE are in the same boat. I don’t know how the government or the Fed can save them. There is obviously no equity left, so maybe they float a senior preferred share that the Fed buys for its own account? Clearly, it’s equity that must be invested.

I have always said that the purpose of capital markets is to be used as a price discovery mechanism and that the interventionists (central banks and finance ministers), having different objectives, mess with that functionality. For Henry Paulson to tell the Chinese monetary authorities their currency ought to be market-set is, in my view, an indictable offense. This man is and will always be a disaster for public service. From the time he was born with a silver spoon in Palm Beach Florida, he has always served his own interests and those of his banker colleagues. The massive problems that the American public and its lending institutions face today happened on his watch and are directly attributable to his actions of the summer of 2006. Paulson’s ego was such that in private talks with traders and bankers he actually believed he could, by his own actions, break the falling momentum of the equity market cycle at that time, and stave the Bear, when all he did was postpone it by making credit markets grow worse to the point where he broke the back of the US financial system.

Books will be written about this man. Trust me.

Kind of reminds me of the Hunt Brothers of Texas who tried a similar stunt with the silver market in the late 1970’s. These people don’t seem to understand that the market is us—all of us—and its health depends on our confidence in its fundamentals, not on the basis of actions by Interventionists.

Just wanted to kill another market myth that the sell-side tries to perpetuate.

One final comment today; you all know the sell-side mantra “Climbing the Wall of Worry”. Well, the Bulls are all worried, but who’s climbing? They are all down and awaiting the Interventionists to boost them up.

What we need are free markets and an equity market that is not based on credit and run by the sell-side. Many countries celebrated their Independence Day this month. Sadly, we still need to achieve our independence from people like Paulson and Bernanke and the bought-and-paid-for politicians who put them into those positions of power over us.

We may yet have a summer rally, but this Bear is not done yet.

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Links & Charts

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International Economics Review

US Economic Calendar.

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Knobias Cara100 Tables

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Cara 100 Daily RSI-7 Charts

At least one RSI value >70:

At least one RSI value <30:

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International Equity Markets Review

Europe

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

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

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Here is the latest session data for the German DAX.

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

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

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

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Asia-Pacific

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

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

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Here is the latest chart for the Singapore index .

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Here is the latest chart for the Shanghai Composite index .

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

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

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

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US Equity Markets Review

DJIA (interactive) chart

NASDAQ Composite (interactive) chart

Table 14: Dow 30 List

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)

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The Americas

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

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

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

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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

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 XLK SPY . 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)

Table 2: Senior oil & gas equities

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15 (basic materials: XLB)

Table 3: Senior metals and steel equities

Table 12: Senior gold equities

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20 (industrial: XLI)

Table 4: Senior capital goods makers and transportation

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25 (consumer discretionary: XLY)

Table 5: Senior consumer discretionary equities

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30 (consumer staples: XLP)

Table 6: Senior consumer staples equities

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35 (healthcare: IYH)

Table 7: Senior healthcare equities

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40 (financial: XLF)

Table 8: Senior financial company equities

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45 (technology, semiconductor: SMH)

Table 9: Senior technology equities

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50 (telecom: IYZ)

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55 (utilities: XLU)

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International Equity Market USD-denominated ETF Review

Table 13: International equities perspective

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Japanese equity market ETF: EWJ

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

Interactive EWJ Daily data:

Interactive EWJ Weekly data:

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U.K. equity market ETF

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

Interactive EWU Daily data:

EWU Daily data:

Interactive EWU Weekly data:

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Canada's equity market

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

Interactive EWC Daily data:

Interactive EWC Weekly data:

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Bonds & Yields Review

Table 10: Yahoo Finance U.S. Treasury Debt, Municipal and Corporate Bond Yields

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

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US Bond Funds -- Interactive Daily Data Charts

SHY Daily data series chart:

IEF Daily data series chart:

TLT Daily data series chart:

AGG Daily data series chart:

LQD Daily data series chart:

TIP Daily data series chart:

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Table 11: Interest-sensitive securities

Consumer Finance -USA -- Interactive Daily Data Charts

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Commodities Review

$CRB Index

Open Futures Contracts

Interactive Chart of Daily CRB Commodities Index:

Interactive Chart of Weekly CRB Commodities Index:

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Oil Review

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

Interactive Chart of Daily Crude Oil:

Interactive Chart of Weekly Crude Oil:

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Gold & Precious Metals Review

Spot gold chart for the week

Interactive Chart of Daily Gold EOD Continuous Contract Index:

Interactive Chart of Weekly Gold EOD Continuous Contract Index:

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Spot silver chart for the week

Interactive daily data

Interactive Chart of Daily Silver EOD Continuous Contract Index:

Interactive chart of the Silver Bullion index.

Interactive Chart of Weekly Silver EOD Continuous Contract Index:

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Spot platinum chart for the past three days

Interactive Chart of Daily Platinum EOD Continuous Contract Index:

Interactive Chart of Weekly Platinum EOD Continuous Contract Index:

Interactive chart of the Platinum metal index.

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Spot palladium chart for the week

Interactive Chart of Daily Palladium EOD Continuous Contract Index:

Interactive Chart of Weekly Palladium EOD Continuous Contract Index:

Interactive chart of the Palladium metal index.

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Interactive Chart of Weekly Copper EOD Continuous Contract Index:

Interactive Chart of Daily Copper EOD Continuous Contract Index:

Interactive chart of the Copper metal index.

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Table 12: Senior gold equities

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

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Here are the key Silver miners and the SLV ETF:

SLV SIL CDE HL PAAS SSRI SLW MGN

Interactive Daily data
Interactive Weekly data

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

Interactive Chart of Daily U.S. Goldminers Index:

Weekly U.S. Goldminers Index:

Interactive Chart of Weekly U.S. Goldminers Index:

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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 Weekly data:

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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:

Interactive Chart of XGD Weekly data:

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Forex Review

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

Interactive Chart of Daily U.S. Dollar Index:

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

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Daily British Pound Index:

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Daily Japanese Yen Index:

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Daily Canadian Dollar Index:

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All Tables

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
IYH	62.77	-0.61	-0.96%	1.57%	3.17%	1.01%	-10.46%	-1.40%	-13.82%	-10.44%
XLP	27.03	-0.09	-0.33%	1.35%	1.05%	-3.64%	-4.79%	-2.70%	-4.39%	-0.92%
XLB	39.70	0.51	1.30%	0.63%	-4.50%	-8.69%	-3.87%	-5.63%	-0.70%	-4.11%
XLU	40.48	-0.32	-0.78%	0.25%	1.02%	-1.08%	-3.83%	3.00%	-6.79%	2.09%
IYZ	23.00	-0.20	-0.86%	-0.22%	-3.81%	-8.87%	-21.15%	-1.54%	-15.81%	-33.02%
XLK	22.26	-0.17	-0.76%	-0.40%	-3.55%	-8.02%	-14.78%	-1.46%	-8.09%	-14.88%
XLI	33.15	-0.35	-1.04%	-0.78%	-2.27%	-9.43%	-13.92%	-9.03%	-8.85%	-16.81%
SMH	28.19	-0.18	-0.63%	-1.78%	-6.03%	-8.33%	-10.11%	-4.60%	-0.04%	-27.81%
SPY	123.84	-1.46	-1.17%	-1.96%	-3.42%	-7.90%	-14.55%	-7.15%	-11.62%	-18.52%
XLE	82.08	-0.25	-0.30%	-3.32%	-5.10%	-4.09%	3.25%	5.91%	8.56%	14.25%
XLY	26.76	-0.37	-1.36%	-4.60%	-6.79%	-13.34%	-16.89%	-13.23%	-11.51%	-32.32%
XLF	18.74	-0.50	-2.60%	-6.02%	-10.08%	-18.09%	-33.92%	-25.43%	-31.98%	-47.77%

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	60.17	1.87	3.21%	4.86%	0.79%	-6.83%	9.14%	15.29%	15.89%	31.49%
PTR	126.86	0.18	0.14%	2.40%	-1.63%	-2.77%	-26.95%	-1.94%	-27.11%	-19.37%
RIG	145.02	-1.49	-1.02%	1.48%	-4.14%	0.37%	-0.64%	-0.04%	6.33%	33.66%
TOT	79.98	0.35	0.44%	-0.86%	-2.03%	-1.34%	-3.96%	3.45%	-4.92%	-4.22%
CEO	167.47	-3.27	-1.92%	-2.06%	-0.13%	-1.26%	0.03%	5.48%	-6.53%	41.44%
IMO	51.59	-0.47	-0.90%	-2.53%	-5.04%	-9.17%	-6.06%	-2.86%	-1.02%	8.16%
SLB	99.16	-0.07	-0.07%	-2.67%	-5.57%	0.34%	-1.41%	9.44%	5.48%	13.98%
XOM	85.48	-0.58	-0.67%	-3.16%	-1.08%	-1.81%	-8.59%	-3.54%	-5.34%	-2.07%
STO	34.78	0.24	0.69%	-3.25%	-2.98%	-7.82%	11.33%	7.45%	20.76%	7.71%
PBR	61.71	-0.03	-0.05%	-6.10%	-9.68%	-7.22%	-48.06%	-45.32%	-44.51%	-6.20%
CVX	92.25	-4.00	-4.16%	-6.47%	-5.30%	-5.92%	-1.29%	3.89%	1.74%	1.65%
ECA	82.95	0.01	0.01%	-6.70%	-6.71%	-7.46%	19.16%	5.98%	23.44%	32.34%

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
PKX	125.65	1.16	0.93%	8.10%	0.62%	-4.56%	-14.21%	3.65%	-9.84%	-5.99%
MT	88.78	-1.19	-1.32%	5.94%	-9.78%	-4.70%	16.20%	7.09%	32.37%	33.68%
AA	34.64	0.04	0.12%	5.67%	-1.87%	-8.21%	-4.12%	-1.45%	9.17%	-18.36%
NUE	65.37	-1.06	-1.60%	4.53%	-11.51%	-11.57%	12.77%	-4.76%	21.26%	5.97%
GGB	22.16	0.34	1.56%	3.50%	-4.24%	-54.20%	-22.79%	-38.34%	-24.34%	-18.89%
TS	68.00	0.20	0.29%	1.36%	-1.49%	8.71%	53.19%	34.31%	72.76%	29.11%
RTP	431.25	1.10	0.26%	-0.47%	-4.94%	-2.97%	2.75%	-6.75%	8.25%	32.93%
BHP	76.78	0.16	0.21%	-0.66%	-5.34%	-3.08%	9.05%	-0.35%	13.43%	16.46%
VCP	25.86	-0.26	-1.00%	-0.73%	-3.07%	-20.14%	-12.93%	-17.67%	-11.41%	0.86%
RIO	31.51	-0.01	-0.03%	-1.78%	-11.31%	-8.72%	-3.67%	-12.03%	-1.53%	-36.18%
TCK	42.72	0.61	1.45%	-3.85%	-9.68%	-8.07%	17.88%	-6.15%	26.88%	-8.01%
DOW	31.70	-0.82	-2.52%	-7.04%	-9.69%	-17.56%	-18.19%	-17.68%	-12.53%	-30.25%

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
ERJ	27.07	-0.14	-0.51%	10.85%	-3.01%	-13.93%	-40.02%	-36.57%	-40.86%	-46.46%
GE	27.66	0.02	0.07%	2.79%	4.26%	-4.78%	-24.76%	-13.70%	-21.35%	-27.59%
UTX	60.69	-1.48	-2.38%	-0.59%	-3.34%	-10.64%	-19.31%	-12.71%	-15.33%	-16.86%
CAT	69.81	1.39	2.03%	-0.71%	-6.02%	-13.28%	-1.16%	-6.67%	5.76%	-15.04%
MMM	68.72	-0.20	-0.29%	-1.07%	-2.19%	-9.04%	-16.91%	-12.43%	-11.42%	-21.80%
FDX	73.94	-1.28	-1.70%	-1.37%	-5.31%	-15.44%	-14.18%	-20.41%	-12.02%	-34.87%
BA	63.28	-2.71	-4.11%	-1.85%	-7.23%	-14.62%	-26.95%	-17.67%	-21.41%	-36.80%
HON	49.31	-1.94	-3.79%	-1.99%	0.35%	-11.34%	-17.68%	-13.48%	-13.19%	-16.05%
UPS	57.99	-1.31	-2.21%	-2.49%	-3.16%	-15.08%	-16.15%	-18.20%	-16.67%	-21.98%
ABB	26.62	-0.18	-0.67%	-2.74%	-5.64%	-10.28%	-7.05%	0.15%	4.52%	9.50%
FLR	174.74	-0.58	-0.33%	-2.88%	-4.76%	-1.65%	21.01%	16.91%	21.52%	51.88%
TXT	46.03	-1.57	-3.30%	-3.78%	-3.56%	-19.84%	-31.10%	-19.47%	-22.09%	-17.58%

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
EBAY	28.01	-0.17	-0.60%	4.51%	1.52%	-0.25%	-13.79%	-9.26%	-5.63%	-16.61%
WHR	62.20	-0.94	-1.49%	2.20%	-5.15%	-4.78%	-22.13%	-27.00%	-16.90%	-42.26%
TM	90.52	-2.08	-2.25%	-1.61%	-4.21%	-10.21%	-14.97%	-5.73%	-12.06%	-27.97%
BC	9.970	-0.030	-0.30%	-1.77%	-13.75%	-23.78%	-41.08%	-37.69%	-35.68%	-69.05%
NKE	56.26	0.59	1.06%	-3.86%	-5.45%	-15.75%	-11.09%	-15.64%	-7.31%	-3.75%
BDK	54.23	-0.74	-1.35%	-4.07%	-7.68%	-9.13%	-22.45%	-18.19%	-17.23%	-39.60%
BBBY	27.25	-1.15	-4.05%	-4.12%	-8.53%	-6.33%	-3.91%	-9.86%	4.25%	-23.54%
TGT	44.74	-0.15	-0.33%	-4.61%	-6.09%	-14.31%	-9.63%	-13.91%	-10.43%	-31.80%
CCL	30.29	-0.59	-1.91%	-5.02%	-9.50%	-17.35%	-30.62%	-23.74%	-23.43%	-34.99%
DIS	29.20	-0.40	-1.35%	-5.50%	-7.39%	-12.15%	-8.29%	-3.25%	-3.69%	-14.07%
GOL	8.550	-0.500	-5.52%	-8.06%	-24.40%	-30.03%	-64.36%	-44.91%	-59.03%	-71.92%
JCP	30.75	-1.18	-3.70%	-16.19%	-14.54%	-19.46%	-26.17%	-20.03%	-18.78%	-56.79%

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
BUD	66.50	5.29	8.64%	7.83%	8.39%	8.31%	28.80%	37.51%	27.15%	31.66%
WAG	33.29	1.20	3.74%	6.05%	-1.94%	-5.75%	-10.85%	-9.09%	-3.56%	-24.46%
WMT	57.21	-0.46	-0.80%	1.26%	-1.57%	-2.24%	21.98%	4.67%	18.20%	20.24%
PDA	48.85	-1.04	-2.08%	1.01%	-8.88%	-18.15%	1.50%	4.16%	-4.29%	27.65%
PG	63.45	-0.77	-1.20%	-0.35%	1.93%	-4.53%	-12.25%	-9.36%	-9.59%	3.07%
ABV	58.93	-0.12	-0.20%	-1.42%	-7.72%	-15.81%	-18.69%	-24.01%	-20.71%	-19.63%
KR	28.87	-0.46	-1.57%	-1.97%	0.91%	4.94%	12.47%	20.85%	9.15%	2.63%
KO	50.27	0.23	0.46%	-2.35%	-5.54%	-12.02%	-17.71%	-16.62%	-21.17%	-3.49%
PEP	64.66	-0.93	-1.42%	-3.16%	-0.17%	-4.84%	-14.12%	-9.44%	-16.87%	-2.19%
DEO	69.02	-1.71	-2.42%	-3.46%	-6.49%	-8.00%	-18.86%	-16.62%	-13.71%	-17.95%
WFMI	21.04	-0.72	-3.31%	-7.35%	-16.18%	-21.32%	-47.08%	-34.33%	-43.89%	-46.73%
SBUX	14.06	-0.31	-2.16%	-9.64%	-13.64%	-21.10%	-27.19%	-18.54%	-28.95%	-45.90%

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
MDT	52.36	-0.76	-1.43%	2.55%	2.51%	3.01%	5.78%	5.14%	4.55%	-0.96%
JNJ	66.26	-0.68	-1.02%	1.75%	3.11%	0.87%	0.53%	0.39%	-2.39%	5.41%
BMY	21.12	-0.38	-1.77%	1.64%	7.37%	7.37%	-19.17%	-2.67%	-20.24%	-33.21%
GSK	47.52	-0.88	-1.82%	1.60%	7.27%	14.23%	-5.28%	11.68%	-10.58%	-8.10%
NVO	64.12	-1.78	-2.70%	0.98%	-5.50%	2.22%	0.50%	-8.79%	-0.57%	-42.62%
NVS	56.82	-1.39	-2.39%	0.55%	6.11%	12.85%	4.12%	19.67%	-1.97%	2.75%
AMGN	51.02	-0.67	-1.30%	0.35%	10.05%	18.05%	9.48%	18.62%	7.14%	-7.46%
PFE	17.81	-0.22	-1.22%	0.34%	3.73%	0.45%	-22.26%	-12.91%	-25.85%	-30.02%
DNA	77.75	-0.16	-0.21%	-0.24%	7.33%	5.35%	15.36%	1.25%	8.74%	2.40%
AET	36.23	-0.88	-2.37%	-2.45%	-8.49%	-18.69%	-36.03%	-11.68%	-37.97%	-28.10%
WLP	45.92	-1.63	-3.43%	-2.61%	-6.19%	-14.25%	-47.22%	-0.91%	-48.04%	-42.91%
UNH	22.16	-0.42	-1.86%	-3.48%	-14.67%	-28.54%	-60.90%	-38.22%	-60.36%	-56.90%

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
BBD	19.99	-0.12	-0.60%	-0.84%	-3.62%	-8.85%	-34.31%	-33.41%	-33.54%	-20.71%
IBN	26.61	-2.12	-7.38%	-1.92%	-14.13%	-24.57%	-57.18%	-31.68%	-63.11%	-47.20%
HBC	73.57	-2.09	-2.76%	-3.15%	-5.61%	-8.52%	-10.76%	-12.35%	-7.54%	-20.54%
DB	84.19	-1.64	-1.91%	-3.36%	-5.11%	-11.41%	-34.77%	-26.99%	-32.33%	-41.96%
C	16.19	-0.09	-0.55%	-3.75%	-8.38%	-18.60%	-44.02%	-30.69%	-43.31%	-68.51%
UBS	19.49	-0.41	-2.06%	-4.08%	-11.61%	-15.59%	-57.44%	-42.35%	-56.42%	-67.67%
JPM	33.16	-1.35	-3.91%	-6.09%	-8.70%	-12.76%	-21.37%	-22.03%	-18.84%	-31.10%
CS	41.31	-0.67	-1.60%	-6.37%	-8.71%	-11.41%	-30.78%	-23.00%	-27.53%	-43.15%
MS	33.44	-0.07	-0.21%	-6.88%	-9.20%	-12.87%	-34.37%	-23.36%	-30.89%	-52.67%
GS	162.48	-7.68	-4.51%	-9.17%	-7.82%	-2.56%	-21.73%	-2.88%	-18.24%	-25.03%
MER	27.61	-1.10	-3.83%	-11.28%	-16.46%	-23.90%	-47.67%	-36.79%	-49.52%	-66.75%
LEH	14.43	-2.87	-16.59%	-36.85%	-36.18%	-36.43%	-76.80%	-63.81%	-75.18%	-79.79%

Table 9: Senior technology 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
QCOM	48.33	0.16	0.33%	7.28%	7.14%	-1.33%	25.89%	16.74%	25.11%	10.24%
AAPL	172.58	-4.05	-2.29%	1.45%	2.57%	-0.39%	-11.42%	17.29%	-0.06%	30.36%
ORCL	20.96	-0.33	-1.55%	1.11%	-2.15%	-4.12%	-6.80%	5.65%	-0.66%	4.90%
INTC	20.64	0.02	0.10%	-0.10%	-4.40%	-6.39%	-18.58%	-2.82%	-6.14%	-16.00%
SAP	51.88	-0.33	-0.63%	-0.31%	-0.50%	-1.74%	2.27%	1.83%	8.06%	2.83%
ADSK	33.05	-0.67	-1.99%	-2.68%	-4.95%	-13.21%	-31.49%	3.31%	-23.46%	-27.17%
ADBE	39.24	-0.37	-0.93%	-2.85%	-3.89%	-4.27%	-5.92%	9.06%	3.13%	-3.92%
RIMM	109.79	-7.34	-6.27%	-4.56%	-11.07%	-15.28%	-3.45%	-5.23%	17.17%	56.04%
CSCO	21.82	-0.31	-1.40%	-5.62%	-8.40%	-15.95%	-17.78%	-6.67%	-15.66%	-24.13%
SNDK	16.56	-0.41	-2.42%	-10.15%	-16.91%	-30.07%	-50.08%	-37.27%	-42.06%	-67.94%
INFY	38.14	-5.85	-13.30%	-10.47%	-10.49%	-17.85%	-14.16%	6.51%	-4.98%	-26.20%
CTSH	28.16	-2.09	-6.91%	-11.45%	-13.38%	-18.54%	-12.63%	6.14%	3.87%	-31.45%

Table 10: Yahoo Finance U.S. Treasury Debt, Municipal and Corporate Bond Yields

US Treasury Bonds

Maturity	Yield	Yesterday	Last Week	Last Month
3 Month	1.48	1.59	1.77	1.87
6 Month	1.94	1.92	2.01	2.10
2 Year	2.58	2.41	2.52	2.81
3 Year	2.51	2.34	2.44	2.78
5 Year	3.27	3.07	3.27	3.47
10 Year	3.95	3.80	3.98	4.07
30 Year	4.53	4.41	4.53	4.70

Municipal Bonds

Maturity	Yield	Yesterday	Last Week	Last Month
2yr AA	2.39	2.30	2.62	2.38
2yr AAA	2.32	2.14	2.50	2.30
2yr A	2.54	2.57	2.73	2.61
5yr AAA	2.86	2.55	3.09	3.02
5yr AA	3.01	2.78	3.26	3.03
5yr A	3.08	3.05	3.19	3.25
10yr AAA	3.66	3.68	3.80	3.70
10yr AA	3.60	3.62	3.75	3.70
10yr A	3.63	3.66	3.77	3.87
20yr AAA	4.70	4.60	4.62	4.49
20yr AA	4.62	4.55	4.63	4.44
20yr A	4.62	4.65	4.69	4.53

Corporate Bonds

Maturity	Yield	Yesterday	Last Week	Last Month
2yr AA	4.27	4.22	4.11	4.34
2yr A	4.73	4.60	4.55	4.69
5yr AAA	5.10	4.97	5.15	4.98
5yr AA	5.38	5.21	5.41	5.42
5yr A	5.89	5.72	5.66	5.43
10yr AAA	5.35	5.47	5.78	5.68
10yr AA	6.02	6.09	5.96	6.17
10yr A	6.11	6.01	5.96	5.87
20yr AAA	6.55	6.39	6.39	6.35
20yr AA	6.95	6.79	6.79	6.33
20yr A	6.81	6.65	6.64	6.61

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
EQR	39.27	0.25	0.64%	3.81%	2.32%	-5.71%	7.80%	-2.68%	16.74%	-12.34%
AGG	100.23	-0.57	-0.57%	0.65%	0.12%	0.70%	-1.40%	-2.37%	-2.22%	2.40%
AVB	87.24	-0.08	-0.09%	0.31%	-1.53%	-9.38%	-4.50%	-9.44%	-0.71%	-26.78%
IEF	87.96	-0.83	-0.93%	0.29%	0.51%	2.11%	0.38%	-3.29%	-0.69%	9.16%
TLT	92.20	-1.29	-1.38%	0.14%	1.05%	3.53%	-2.31%	-3.63%	-2.06%	9.35%
SHY	82.73	-0.17	-0.21%	-0.08%	-0.07%	0.80%	0.47%	-1.44%	-0.14%	3.50%
TIP	107.61	-0.98	-0.90%	-0.45%	0.36%	2.68%	0.91%	-1.73%	0.33%	9.28%
DRE	22.08	-0.21	-0.94%	-2.30%	-1.34%	-5.40%	-13.82%	-3.33%	0.32%	-38.38%
CFC	4.2500	-0.1700	-3.85%	-4.49%	-15.00%	-20.11%	-52.78%	-24.51%	-51.43%	-88.31%
NLY	14.29	0.74	5.46%	-8.40%	-8.10%	-10.58%	-21.05%	-9.27%	-22.80%	1.35%
FNM	10.25	-2.95	-22.35%	-45.42%	-51.28%	-58.82%	-72.64%	-60.64%	-72.10%	-84.15%
FRE	7.750	-0.250	-3.13%	-46.55%	-58.18%	-65.54%	-76.33%	-67.01%	-73.69%	-87.06%

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
ABX	49.21	2.49	5.33%	9.14%	14.34%	27.52%	6.93%	15.27%	-3.89%	58.44%
EGO	8.560	0.330	4.01%	7.54%	6.60%	5.03%	38.06%	18.72%	26.81%	24.42%
GG	48.29	2.43	5.30%	6.69%	8.91%	25.56%	31.80%	22.84%	26.88%	86.59%
LIHR	31.79	1.47	4.85%	5.23%	4.43%	19.96%	-4.16%	7.29%	-8.96%	18.22%
AEM	75.58	2.73	3.75%	4.39%	6.47%	19.48%	33.72%	9.39%	23.56%	84.48%
NEM	51.27	2.09	4.25%	2.23%	-1.74%	9.90%	-2.14%	11.55%	-6.30%	27.60%
KGC	23.31	0.80	3.55%	1.88%	4.34%	27.66%	15.68%	2.46%	1.22%	78.07%
HMY	12.19	0.85	7.50%	1.75%	7.97%	10.42%	13.40%	6.84%	-3.64%	-16.10%
BVN	63.23	2.05	3.35%	1.36%	2.36%	3.72%	3.86%	-8.03%	-7.07%	60.81%
GFI	12.46	0.44	3.66%	1.05%	4.53%	12.66%	-19.09%	-13.05%	-28.39%	-23.56%
AU	33.10	0.10	0.30%	-1.28%	3.18%	3.02%	-27.82%	-10.52%	-33.25%	-19.11%
AUY	14.91	0.96	6.88%	-6.23%	-4.48%	6.96%	7.50%	4.85%	-9.09%	25.61%

Table 13: International equities 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
EWS	12.24	-0.06	-0.49%	1.16%	-0.16%	-3.92%	-9.27%	-6.92%	-6.35%	-12.45%
EWH	16.44	0.02	0.12%	0.67%	-2.89%	-9.67%	-24.55%	-9.37%	-23.53%	-8.36%
EWA	25.26	-0.31	-1.21%	-1.14%	-4.82%	-5.22%	-12.23%	-4.68%	-8.71%	-13.94%
EWG	28.61	-0.45	-1.55%	-1.31%	-3.34%	-8.45%	-19.16%	-9.35%	-16.12%	-15.43%
EWC	31.87	-0.16	-0.50%	-1.33%	-3.72%	-5.49%	-1.64%	2.02%	3.47%	3.64%
EWZ	81.64	-0.51	-0.62%	-1.71%	-7.69%	-10.12%	0.85%	-1.23%	2.99%	24.53%
EWJ	11.99	-0.16	-1.32%	-2.44%	-3.15%	-6.69%	-9.37%	-4.31%	-6.18%	-17.93%
IFN	33.83	-1.44	-4.08%	-2.68%	-9.79%	-18.13%	-45.35%	-23.84%	-45.61%	-26.44%
EWU	19.60	-0.43	-2.15%	-2.83%	-4.11%	-8.92%	-17.92%	-10.67%	-13.27%	-24.64%
TRF	53.03	-0.98	-1.81%	-2.96%	-8.22%	-12.71%	-27.84%	-9.75%	-22.60%	-25.58%
EWQ	30.39	-0.73	-2.35%	-3.80%	-5.53%	-12.02%	-19.90%	-13.59%	-16.67%	-22.43%

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
AA	34.64	0.04	0.12%	5.67%	-1.87%	-8.21%	-4.12%	-1.45%	9.17%	-18.36%
GE	27.66	0.02	0.07%	2.79%	4.26%	-4.78%	-24.76%	-13.70%	-21.35%	-27.59%
IBM	122.12	-1.06	-0.86%	2.16%	0.82%	-1.40%	16.65%	5.28%	25.03%	11.93%
JNJ	66.26	-0.68	-1.02%	1.75%	3.11%	0.87%	0.53%	0.39%	-2.39%	5.41%
WMT	57.21	-0.46	-0.80%	1.26%	-1.57%	-2.24%	21.98%	4.67%	18.20%	20.24%
PFE	17.81	-0.22	-1.22%	0.34%	3.73%	0.45%	-22.26%	-12.91%	-25.85%	-30.02%
MCD	57.32	-1.12	-1.92%	0.23%	1.54%	-3.40%	-1.34%	3.47%	5.52%	13.01%
T	32.58	-0.19	-0.58%	0.00%	-2.66%	-10.47%	-20.54%	-12.65%	-14.71%	-18.16%
INTC	20.64	0.02	0.10%	-0.10%	-4.40%	-6.39%	-18.58%	-2.82%	-6.14%	-16.00%
PG	63.45	-0.77	-1.20%	-0.35%	1.93%	-4.53%	-12.25%	-9.36%	-9.59%	3.07%
UTX	60.69	-1.48	-2.38%	-0.59%	-3.34%	-10.64%	-19.31%	-12.71%	-15.33%	-16.86%
CAT	69.81	1.39	2.03%	-0.71%	-6.02%	-13.28%	-1.16%	-6.67%	5.76%	-15.04%
DD	41.47	-0.04	-0.10%	-0.79%	-3.15%	-10.45%	-5.19%	-15.93%	-7.14%	-18.97%
MMM	68.72	-0.20	-0.29%	-1.07%	-2.19%	-9.04%	-16.91%	-12.43%	-11.42%	-21.80%
BA	63.28	-2.71	-4.11%	-1.85%	-7.23%	-14.62%	-26.95%	-17.67%	-21.41%	-36.80%
GM	9.920	0.230	2.37%	-1.98%	-13.21%	-37.06%	-59.36%	-49.44%	-57.79%	-73.06%
VZ	34.90	0.24	0.69%	-2.05%	-1.94%	-4.83%	-19.23%	-2.60%	-19.68%	-13.87%
KO	50.27	0.23	0.46%	-2.35%	-5.54%	-12.02%	-17.71%	-16.62%	-21.17%	-3.49%
AXP	39.21	0.17	0.44%	-2.56%	0.82%	-9.70%	-23.18%	-9.63%	-10.89%	-34.95%
MSFT	25.25	-0.20	-0.79%	-2.81%	-9.01%	-10.59%	-28.31%	-10.71%	-25.54%	-14.38%
XOM	85.48	-0.58	-0.67%	-3.16%	-1.08%	-1.81%	-8.59%	-3.54%	-5.34%	-2.07%
BAC	21.67	-0.69	-3.09%	-3.26%	-12.66%	-26.39%	-46.57%	-41.34%	-43.71%	-55.33%
C	16.19	-0.09	-0.55%	-3.75%	-8.38%	-18.60%	-44.02%	-30.69%	-43.31%	-68.51%
HPQ	41.59	0.14	0.34%	-4.26%	-6.90%	-11.45%	-16.50%	-8.53%	-7.58%	-8.89%
HD	21.58	-0.29	-1.33%	-4.26%	-12.49%	-18.50%	-17.35%	-23.39%	-12.67%	-46.69%
MRK	36.75	-0.25	-0.68%	-4.42%	1.52%	3.81%	-35.94%	-10.67%	-39.31%	-24.85%
DIS	29.20	-0.40	-1.35%	-5.50%	-7.39%	-12.15%	-8.29%	-3.25%	-3.69%	-14.07%
JPM	33.16	-1.35	-3.91%	-6.09%	-8.70%	-12.76%	-21.37%	-22.03%	-18.84%	-31.10%
CVX	92.25	-4.00	-4.16%	-6.47%	-5.30%	-5.92%	-1.29%	3.89%	1.74%	1.65%
AIG	23.08	-0.91	-3.79%	-12.04%	-17.84%	-31.47%	-59.01%	-47.60%	-59.99%	-66.38%

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