Month: March 2014

Market Wrap

No numbers today. Auto-wrap tool mad at somebody’s site again, and I simply don’t feel like dealing with it right now.

Ok, numbers are in. Things just magically worked all of a sudden…I think the internet was up and down there for a bit.

…and I still got it wrong. Thanks John. Maybe I should actually LOOK at the numbers after I paste them in…

Let’s try this:

Dow Industrials 16168.03 -153.68 -0.94%
S&P 500 1845.73 -13.72 -0.74%
Nasdaq Comp. 4277.30 -30.82 -0.72%
Russell 2000 1176.36 -6.67 -0.56%
NYSE Comp. 10319.51 -106.35 -1.02%
Nasdaq 100 3668.37 -27.73 -0.75%
Dow Transports 7302.93 -45.44 -0.62%
Dow Utilities 514.19 -4.58 -0.88%

View Major Index charts

Internals were negative on lighter volume. Advances/declines were 1 to 2 on the NYSE and 3 to 5 on the Nasdaq, with up/down volume 1 to 3 on the NYSE and 2 to 3 on the Nasdaq. New highs/lows were 86/20 on the NYSE and 68/20 on the Nasdaq.

Leaders — Gold/Silver (+1.45%), Biotechs (+0.40%), Defense (+0.37%), Telecoms (+0.14%), REITs (+0.01%), Chemicals (-0.14%), Retailers (-0.36%), Disk Drives (-0.38%)
Laggards — Paper (-2.23%), Broker Dealers (-1.37%), Drugs (-1.17%), Network (-1.14%), Software (-1.12%), Banks (-1.07%), Airlines (-1.02%), Homebuilders (-1.00%)

An extensive visual representation of the day’s winners and losers can be found at Finviz.com.

Treasury Yields — 6 Month: 0.07 %,  2 Year: 0.30 %,  5 Year: 1.43 %,  10 Year: 2.60 %,  30 Year: 3.55 %

Energy Prices — Crude oil: $104.79/barrel,  Gasoline: $3.02/gallon,  Natural Gas: $4.51/mmBTU

US Dollar Index — 80.066

Precious Metals — Gold: $1350.30/ounce,  Silver: $21.41/ounce,  Platinum: $1455.00/ounce

BMB Note:  
As for the market, it could have been worse. Probably should have been.

What’s Hot, What’s Not

 

Best Performing Industries
Last Week Last 4 Weeks Last 8 Weeks
Retail (XRT) +4.1% Biotech ($BTK) +11.0% Biotech +20.7%
Disk Drives ($DDX) +2.8% Gold & Silver ($XAU) +9.7% Gold & Silver +14.9%
Oil Services ($OSX) +2.5% Airlines ($XAL) +9.0% Comp. Hardware ($HWI) +9.0%
Airlines +2.5% Drugs ($DRG) +8.0% Drugs +8.6%
Chemicals ($DJUSCH) +2.4% Chemicals +7.5% Disk Drives +8.0%

 

 

Worst Performing Industries
Last Week Last 4 Weeks Last 8 Weeks
Gold & Silver -3.2% Telecom ($XTC) +0.3% Steel ($DJUSST) -8.7%
Steel -1.2% Natural Gas ($XNG) +0.6% Telecom -3.1%
Natural Gas -1.2% Transportation ($TRANQ) +0.9% Retail -2.2%
Utilities ($UTY) -0.9% Steel +1.6% Metals & Mining (XME) -1.8%
Transportation -0.7% Banks ($BKX) +2.5% Brokers ($XBD) -0.7%

 

Weekend Sector Scan

Staples, Energy and Financials are now the only sector SPDRs not at or very near new highs:

 


 

The numbers as the market says “it’s all good”:

 

Sector Symbol 8 Wk % Chg 4 Wk % Chg 1 Wk % Chg YTD % Chg
Utilities XLU +8.5% +3.5% -0.2% +6.5%
Health Care XLV +7.6% +6.2% +1.1% +7.2%
Technology XLK +3.2% +4.4% +1.1% +1.6%
Basic Materials XLB +2.9% +6.9% +1.9% +2.0%
Energy XLE +0.8% +5.1% +1.4% -0.9%
Consumer Discretionary XLY +0.8% +6.4% +2.5% +0.0%
Industrials XLI +0.7% +4.1% +1.3% -0.3%
Consumer Staples XLP -0.1% +3.9% +1.8% -1.4%
Financials XLF -0.9% +3.0% +1.0% -0.6%

 

Charts courtesy of StockCharts.com