Brother, can you lend me a dime? How sad it is that this refrain from the Great Depression is now, Brother can you lend me two or three dollars?

The DJIA (-443.48 -4.85% to 8695.79), S&P 500 (-47.89 -5.03% to 904.88), and NASDAQ Composite (-72.94 -4.34% to 1608.70) were hammered again.

The biggest losers in NY yesterday were Financials (XLF -6.9%), Energy (XLE -6.0%), and Basic Materials (XLB) and Tech (XLK), both down -5.5%. That is a broad decline. The best performing sector was Staples (XLP -1.1%).

The Toronto Composite (-331.79 -3.36% to 9555.41), and the Venture Board (-31.29 -3.29% to 920.13) followed NY down from the opening bell.

In Europe yesterday, the Bank of England (BoE) and European Central Bank (ECB) dropped their rates by -150 basis points to 3.0% and -50 bp from 3.75% to 3.25%, respectively. Markets there this morning a bit stronger.

The $USD rallied yesterday, as expected, closing up +1.30% to 85.96. The Yen was up +0.29% to 102.53) as traders pulled out of global equities.

The Pound (-1.75% to 156.15), Euro (-1.64% to 127.10) and Cdn Loonie (-2.37% to 83.49) were the losers.

Crude Oil ($WTIC -$0.15/bbl to 65.15) and $GOLD (-$8.72/oz to 733.68) were soft, but not much.

The long bond ($USB) rallied again (+0.15% to 116.80), but not by much.

The T-Bill yield crashed to 0.310%, which usually is the case when Financials sell off like they did yesterday.

For the Cara 100, there were just four winners: ABB, WFMI, GOL and KSS, but all very marginally so. The biggest losers were KB -16.7%, TM -16.5%, ABB -13.5%, CHA -13.5% and SU -13.2%.

I noted WFMI volume was +226% average daily volume, but across the board, volume is not pushing prices lower; it’s just a lack of bids.

Earlier today, the Asia-Pacific markets were mixed: Japan’s Nikkei 225 (-3.55% to 8853.0); India’s Sensex BSE 30 (+2.36% to 9964.3); Australia (-2.43% to 4006.6); Shanghai (+1.75% to 1747.7); and Hong Kong (+3.29% to 114243.4).

At about 7:20am ET, the French CAC (+0.37%), German DAX (+0.59%), and UK FTSE (+1.58%) were a bit stronger.

In futures trading at 7:35am ET this morning, the $USD is at 86.23. The Euro is at 127.57.

Crude Oil is trading up +$1.55/bbl to 62.32, following a drop yesterday.

$GOLD is stronger by about $7.

Spot gold, palladium, platinum and silver at 7:35am ET (vs yesterday at 7:40am ET) were: 740.84 (741.86), 227 (222), 856 (857), and 10.15 (10.41), respectively. Those prices, except for silver, are side-tracking.

The DJIA futures were at 8779 (+79) at about 7:30am ET.

Yahoo management is indicating that the time is possibly right for Microsoft to buy it.

The October Jobs Report was issued with employment down -240,000 and unemployment up to 6.5%.

---

Comments & Outlook

We’re very busy, so I’ll check in when possible. I suspect that prices will recover a bit today, looking forward to the new Obama team and the stimulus package to come out of Congress.

There is some talk in the media that the President-elect would choose Corzine or Bair to head up Treasury. If that happens to come to be, then I’ll take a sabbatical from blogging, returning in the New Year. If you think I was tough on Paulson, and deservedly so, I do respect the man for his abilities and previous accomplishments. The others are not acceptable, just like Gov. Palin was not ready and hence was a weakness in the Republican strategy. I hope to see Palin return, but I will never say that for Corzine or Bair.

If Pres-elect Obama doesn’t intend to bring change to Washington then he should never have campaigned on that platform. Corzine and Bair would totally destroy his credibility. He’s already starting from deep in the hole. He needs every possible leg up.

---

Links & Charts

---

International Economics Review

US Economic Calendar.

---

Knobias Cara100 Tables

---

Cara 100 Daily RSI-7 Charts

At least one RSI value >70:

At least one RSI value <30:

---

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 15: 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)

---

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

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.

---

10 (energy: XLE)

Table 2: Senior oil & gas equities

---

15 (basic materials: XLB)

Table 3: Senior metals and steel equities

Table 13: Senior gold equities

---

20 (industrial: XLI)

Table 4: Senior capital goods makers and transportation

---

25 (consumer discretionary: XLY)

Table 5: Senior consumer discretionary equities

---

30 (consumer staples: XLP)

Table 6: Senior consumer staples equities

---

35 (healthcare: IYH)

Table 7: Senior healthcare equities

---

40 (financial: XLF)

Table 8: Senior financial company equities

---

45 (technology, semiconductor: SMH)

Table 9: Senior technology equities

---

50 (telecom: IYZ)

---

55 (utilities: XLU)

Table 12: US Utilities

---

International Equity Market USD-denominated ETF Review

Table 14: International equities perspective

---

Japanese equity market ETF: EWJ

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

Interactive EWJ Daily data:

Interactive EWJ Weekly data:

---

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:

---

Canada's equity market

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

Interactive EWC Daily data:

Interactive EWC Weekly data:

---

Bonds & Yields Review

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

---

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

---

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:

---

Table 11: Interest-sensitive securities

Consumer Finance -USA -- Interactive Daily Data Charts

---

Commodities Review

$CRB Index

Open Futures Contracts

Interactive Chart of Daily CRB Commodities Index:

Interactive Chart of Weekly CRB Commodities Index:

---

Oil Review

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

Interactive Chart of Daily Crude Oil:

Interactive Chart of Weekly Crude Oil:

---

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:

---

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:

---

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.

---

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.

---

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.

---

Table 13: 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

---

Here are the key Silver miners and the SLV ETF:

SLV SIL CDE HL PAAS SSRI SLW MGN

Interactive Daily data
Interactive Weekly data

---

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:

---

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:

---

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:

---

Forex Review

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

Interactive Chart of Daily U.S. Dollar Index:

---

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

---

Daily British Pound Index:

---

Daily Japanese Yen Index:

---

Daily Canadian Dollar Index:

---

Wrap-up