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

7/16/2005

Weekend Sector Scan

XLK chart Tech stocks followed up their strong finish last week with another nice week, and have moved into third place on the 8-week list. Now trying to get back to even on the year, they’re looking a little overbought right now.
XLY chart Consumer Discretionary stocks has the second best week, but now need to clear resistance from earlier in the spring.
XLE chart Energy stocks gave back a little of their gains this week, but don’t look to be in any real trouble just yet.
XLU chart Same for the utilities.

 

Here are this week’s numbers:

 

Sector Symbol 8 Week % Chg. 4 Week % Chg. 1 Week % Chg. YTD % Chg.
Energy XLE +14.4 -1.0 -1.9 +24.9
Utilities XLU +7.2 +3.7 +0.1 +15.0
Technology XLK +5.0 +3.6 +2.8 -0.4
Financials XLF +3.8 +2.5 +1.6 -0.5
Consumer Discretionary XLY +3.8 +1.3 +1.9 -3.3
Health Care XLV +0.1 -0.5 +0.8 +4.4
Basic Materials XLB 0.0 -3.1 +0.8 -6.2
Consumer Staples XLP -0.7 +0.3 +1.6 +1.2
Industrials XLI -0.8 -1.1 +0.7 -3.4

 

Charts courtesy of StockCharts.com

Posted: 10:47 am