Almost from the open yesterday, the NY equity market was a tad stronger. At the close, the DJIA (+89.64 +0.79% to 11502.51), S&P 500 (+10.15 +0.80% to 1281.66), and NASDAQ Composite (+20.49 +0.87% to 2382.46) were all higher by about the same percent.

In Canada, the Toronto Exchange Composite gained +1.74% to 13531, and the Venture Board gained +0.38% to 1950.

The winning sectors in NY were Financials (XLF +1.9%) and Energy (XLE +1.6%) with the Goldminers ($XAU +2.6%) and Broker-Dealers ($XBD +2.3%) leading the way. Airlines ($XAL -2.9%) was the weakest industry group we follow.

Another 52-week low was set by VCP (@20.29).

Of the extreme Cara 100 stocks, the winners were CEO +7.7%, TS +4.4%, CHA and KB +4.0%, and CCJ and STO +3.7%. BMY -2.1% and TM -1.6% were losers, but volumes were down.

The long bond ($USB) was also quiet, lifting +0.14% to 118.80. The T-Bill yield is now at 1.640.

Earlier today, the Asia-Pacific equity markets were down in Hong Kong and India, but up in Australia. The closes were: Australia’s All Ords index (+1.09% to 5143.3); Shanghai (+0.34% to 2350.1); Hong Kong (-2.29% to 20972.3); India’s Sensex (-1.74% to 14048.3); and Japan’s Nikkei (+0.12% to 12768.3).

In Europe, markets were well up at about 9:00am ET, with the French CAC +1.6% to 3082, German DAX +0.9% to 6381, and the UK FTSE +1.2% to 5593.

Yesterday there was more movement in the forex market, but this time it was the Euro strengthening: the $USD dropped -0.31% to 77.02, while the Euro gained +0.52% to 147.29. For the others, the Yen gained +0.14% to 91.33; the Pound lost -0.17% to 183.63, while the Cdn Loonie gained +0.18% to 95.57.

Crude Oil ($WTIC +0.33/bbl to 116.60) and precious metals ($GOLD -1.22/oz to 826.88) were quiet.

At 9:00am ET today, the Euro/USD was up strongly +0.46% to 1.4762, while the $USD is down -0.54% to 76.78.

Crude Oil futures ($WTIC) are up +1.30/bbl to 119.45, mostly due to TS Gustav, which is likely soon to be Hurricane Gustav, headed toward the Gulf of Mexico oil fields. The DJIA Sept futures are up +71 to 11568, despite the higher oil price, as traders are looking beyond the storm to lower oil prices.

At 9:04am ET, Spot Gold, palladium, platinum and silver futures are stronger, at 842.85, 293.0, 1487, and 13.93 respectively, which are all higher along with oil.

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Comments & Outlook

As I commented yesterday, there is really not much to say about a market as quiet as this one. The situation does remind me of the summer of 1981, waiting for the next shoe to drop, although this time around the interest rates are well down waiting to rise and the rates then were at record highs and ready to fall. So the bond market then was the buy of the generation. This time, it’s close to being the opposite.

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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:

Ticker	Last	RSI-7M	RSI-7W	RSI-7D	Zone
WMT	59.29	79.17	60.59	57.35
NTES	26.55	73.08	73.56	67.47	Sell alert (trig. 2 days ago [on 2008-08-26 at $26.30, +0.95% chg], after a 3 day DZ)
DNA	97.90	72.30	85.15	56.76	Sell alert (trig. 6 days ago [on 2008-08-20 at $97.99, -0.09% chg], after a 18 day DZ)
QCOM	54.08	71.98	68.83	46.99
JNJ	71.21	70.70	81.08	63.41	Sell alert (trig. 3 days ago [on 2008-08-25 at $70.80, +0.58% chg], after a 1 day DZ)
DELL	25.63	60.98	73.52	67.54
PG	70.06	60.56	72.10	52.69
CEO	156.96	52.92	51.51	75.32
IMO	52.15	52.55	53.53	70.59

At least one RSI value <30:

Ticker	Last	RSI-7M	RSI-7W	RSI-7D	Zone
WFMI	18.31	13.77	18.83	38.37	Buy alert (trig. 1 days ago [on 2008-08-27 at $18.31, +0.00% chg], after a 2 day AZ)
GOL	8.57	17.61	29.75	29.34	Accumulation Zone (for 1 days)
TTM	9.80	22.27	36.94	53.66
TM	88.00	22.56	34.57	42.82
UBS	21.01	23.21	42.28	60.07
GRMN	34.97	24.24	30.19	32.91
DB	83.99	24.83	30.44	34.98	Buy alert (trig. 4 days ago [on 2008-08-22 at $85.69, -1.98% chg], after a 1 day AZ)
SNDK	14.83	25.01	28.61	42.07
SBUX	15.59	25.35	45.97	45.78
TGP	22.84	25.84	29.07	57.33	Buy alert (trig. 4 days ago [on 2008-08-22 at $22.16, +3.07% chg], after a 3 day AZ)
BC	13.37	28.54	50.52	46.03
VCP	20.38	34.40	18.11	19.84
GS	155.48	35.66	30.98	29.04
TEF	73.95	37.05	29.09	52.06
NUE	52.11	37.65	21.37	52.35
VIP	23.12	39.79	21.44	45.49
GOOG	468.58	40.74	28.96	27.98
MBT	66.14	41.11	21.69	41.68
RIO	26.74	41.51	29.88	54.72
ABB	23.86	42.77	29.17	47.80
BBD	18.25	46.65	29.42	39.11

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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

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
HD	27.17	0.15	0.56%	4.62%	2.45%	14.45%	4.06%	-0.40%	-6.02%	-22.92%
AXP	38.82	0.77	2.02%	3.71%	5.23%	3.41%	-23.94%	-15.42%	-15.74%	-35.26%
C	18.12	0.28	1.57%	3.60%	1.74%	-3.67%	-37.34%	-16.34%	-29.55%	-62.08%
MRK	35.73	0.31	0.88%	2.26%	-0.03%	8.37%	-37.72%	-7.48%	-21.37%	-28.71%
XOM	80.47	0.52	0.65%	2.11%	2.94%	-4.63%	-13.95%	-10.39%	-9.98%	-5.46%
BA	64.52	1.06	1.67%	2.07%	0.40%	1.10%	-25.51%	-22.14%	-23.14%	-34.52%
T	31.20	0.58	1.89%	1.66%	-0.32%	0.94%	-23.90%	-19.65%	-11.36%	-22.19%
WMT	59.29	0.29	0.49%	1.59%	2.44%	1.25%	26.42%	5.12%	15.28%	35.30%
HPQ	46.80	-0.06	-0.13%	1.39%	2.61%	3.86%	-6.04%	2.41%	-4.37%	-2.07%
BAC	29.65	0.63	2.17%	1.23%	2.74%	-11.78%	-26.90%	-13.23%	-30.85%	-41.71%
AA	32.08	0.47	1.49%	1.17%	-0.53%	-7.92%	-11.21%	-20.55%	-17.79%	-13.25%
CAT	69.56	0.88	1.28%	1.10%	-0.39%	-3.48%	-1.51%	-14.65%	-6.28%	-8.47%
MSFT	27.56	0.29	1.06%	0.99%	-1.25%	5.07%	-21.75%	-3.09%	-2.48%	-3.26%
VZ	34.71	0.47	1.37%	0.75%	1.05%	1.08%	-19.67%	-7.14%	-4.62%	-18.50%
DD	44.34	0.45	1.03%	0.73%	-1.77%	0.16%	1.37%	-5.66%	-6.87%	-9.20%
IBM	123.38	0.88	0.72%	0.71%	-1.92%	-4.25%	17.85%	-3.09%	5.94%	8.76%
UTX	65.05	0.16	0.25%	0.46%	-1.59%	-1.81%	-13.51%	-8.12%	-10.80%	-11.76%
GM	10.20	0.16	1.59%	0.39%	-0.58%	-10.53%	-58.21%	-41.45%	-58.90%	-66.36%
JPM	37.14	0.53	1.45%	0.38%	0.62%	-10.66%	-11.93%	-13.65%	-16.37%	-17.30%
CVX	86.62	0.83	0.97%	0.19%	0.44%	-0.73%	-7.32%	-13.01%	-1.81%	-0.44%
JNJ	71.21	0.50	0.71%	0.18%	0.01%	4.60%	8.04%	9.30%	12.96%	15.60%
INTC	23.41	0.26	1.12%	0.09%	-2.94%	5.31%	-7.65%	-0.81%	12.71%	-4.25%
MMM	70.72	0.00	0.00%	0.04%	-3.07%	-0.81%	-14.50%	-7.16%	-12.13%	-20.27%
DIS	31.76	0.05	0.16%	-0.19%	0.06%	0.28%	-0.25%	-5.59%	-4.05%	-6.15%
PG	70.06	0.22	0.32%	-0.34%	0.66%	5.24%	-3.11%	7.67%	4.24%	7.40%
MCD	62.08	-0.05	-0.08%	-0.56%	-1.12%	2.70%	6.85%	6.83%	12.20%	25.49%
KO	53.79	0.27	0.50%	-1.03%	-2.57%	4.83%	-11.95%	-8.19%	-10.42%	-0.41%
PFE	19.08	-0.20	-1.04%	-1.04%	-2.85%	1.06%	-16.72%	-1.29%	-16.13%	-22.94%
GE	28.22	-0.05	-0.18%	-1.50%	-3.72%	-2.59%	-23.23%	-7.17%	-17.05%	-27.64%
AIG	20.00	0.36	1.83%	-3.85%	-9.30%	-25.26%	-64.48%	-45.39%	-61.72%	-70.17%

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

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
XLE	76.19	1.16	1.55%	2.49%	4.06%	-1.65%	-4.16%	-11.10%	-1.47%	11.39%
XLU	38.15	0.18	0.47%	2.09%	2.55%	-0.78%	-9.36%	-7.22%	-2.43%	-1.17%
XLF	20.52	0.37	1.84%	1.03%	-0.53%	-5.87%	-27.64%	-17.19%	-25.54%	-39.89%
IYZ	23.55	0.36	1.55%	0.90%	-0.46%	0.68%	-19.27%	-10.05%	-3.21%	-29.02%
XLI	34.84	0.11	0.32%	0.84%	-1.36%	-1.44%	-9.53%	-8.77%	-7.07%	-10.92%
XLY	30.12	0.22	0.74%	0.84%	-1.05%	4.73%	-6.46%	-5.70%	-8.17%	-17.57%
SPY	128.63	1.24	0.97%	0.82%	-0.02%	0.08%	-11.25%	-7.23%	-6.94%	-12.47%
XLB	39.50	0.44	1.13%	0.05%	-0.70%	-2.83%	-4.36%	-9.55%	-6.91%	1.15%
XLK	23.13	0.18	0.78%	0.00%	-1.41%	2.98%	-11.45%	-7.03%	1.09%	-9.72%
XLP	28.24	0.13	0.46%	-0.53%	-1.16%	1.69%	-0.53%	0.28%	1.58%	4.59%
IYH	66.57	-0.10	-0.15%	-0.67%	-1.48%	2.70%	-5.04%	4.54%	-0.76%	-2.69%
SMH	28.80	0.12	0.42%	-0.86%	-5.26%	3.00%	-8.16%	-11.60%	-3.58%	-22.64%

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

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	156.96	11.25	7.72%	10.50%	13.25%	4.13%	-6.25%	-16.64%	-9.72%	26.35%
STO	31.18	1.10	3.66%	5.41%	9.40%	-3.47%	-0.19%