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

10/1/2005

Weekend Sector Scan

XLU chart Utilities rebounded from a bad week last week to lead the way this week. The Utils just keep quietly moving higher, even as interest rates threaten to move up.
XLP chart Consumer Staples was the second best group on the week, but if you back out the chart to look at the past year, there’s nothing but range-bound action for months. Not much to get excited about here.
XLE chart Energy had another bad Friday, but still a pretty healthy week.
XLV chart Yes, I know Health Care is still up on the year. But I prefer to have my money in areas that are trending much more smoothly than the XLV is.

 

The numbers as of the end of September:

 

Sector Symbol 8 Week % Chg. 4 Week % Chg. 1 Week % Chg. YTD % Chg.
Energy XLE +10.9 +5.3 +2.1 +47.8
Utilities XLU +5.3 +1.8 +2.8 +20.7
Consumer Staples XLP +0.6 +0.9 +2.4 +0.9
Industrials XLI +0.5 +1.3 +1.4 -2.9
Financials XLF -0.4 +0.1 +0.6 -3.3
Health Care XLV -0.6 -0.8 -0.4 +3.8
Technology XLK -1.2 +0.8 +1.6 -1.0
Basic Materials XLB -3.8 0.0 +1.6 -7.5
Consumer Discretionary XLY -4.8 -1.7 +0.6 -7.9

 

Charts courtesy of StockCharts.com

Posted: 11:09 am