On Break

11/16/2008

BMB On Break

It’s time again for a little BMB R&R, especially with the market behaving as bizarrely as it’s been. Maybe if we stop watching it start to behave a little better…

Posting will be very light and variable over the course of this week, but we’ll put up an open thread each market day for our readers to comment on the day’s market activity or to post any interesting links they might run across.

Check the space below for whatever the latest might be during this ‘off’ time, and please visit the various sites in the ‘Links’ and ‘Regular Stops’ for up-to-date market news and analysis.

BMB will be back in full swing by next weekend.

Posted: 1:00 pm

12/18/2004

Weekend Sector Scan

A couple of sectors that had been lagging lately, energy and utilities, rebounded this week as the only sectors that posted gains larger than 0.8%. The technology sector had the worst week, losing 1.4%, and has been the second worst performing sector over the past month.

 

Sector Symbol 8 Week % Chg. 4 Week % Chg. 1 Week % Chg.
Industrials XLI +11.5 +2.0 +0.4
Basic Materials XLB +10.6 +1.0 +0.8
Consumer Discretionary XLY +10.3 +2.3 +0.4
Health Care XLV +10.0 +4.7 +0.8
Financials XLF +9.6 +2.6 0.0
Technology XLK +8.0 -0.1 -1.4
Utilities XLU +7.3 +0.8 +1.7
Consumer Staples XLP +6.8 +0.8 -0.4
Energy XLE +1.8 -0.7 +1.6
Posted: 3:35 pm

Whole Lotta Nothin’

Nasdaq chart Despite an increase in trading volume, the Nasdaq has been unable to forge much higher during the past couple of weeks. It would appear that sellers have begun to step forward to meet buying demand.

 

Chart courtesy of StockCharts.com

Posted: 12:27 pm