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

11/12/2006

What’s Hot, What’s Not

Items of note on the latest industry moves:

  • A mix of energy, commodities, biotech, internet and airlines holding the top spots.
  • A heavy concentration of health care related stocks at the bottom end.
  • Tech groups still looking strong include the internets ($DOT chart), networkers ($NWX chart) and hardware ($HWI chart). Many of the other tech areas are holding up, but have been range bound.
  • Telecoms, one of the strongest groups in the market until recently, has lost momentum and put in a lower high ($XTC chart).
  • Housing stocks have fallen out of their relatively weak rally off the summer lows, but had a good day on Friday ($HGX chart).
  • Airlines may be near the top of the ‘best’ lists, but it’s been a bumpy ride ($XAL chart).
  • For a more detailed breakdown of group movement over various time periods, try Prophet.net’s Industry Rankings page.

 

Best Performing Industries
Last Week Last 4 Weeks Last 8 Weeks
Networking ($NWX) +5.5% Gold & Silver ($XAU) +7.7% Steel ($DJUSST)+17.7%
Airlines ($XAL) +4.1% Oil Services ($OSX) +7.4% Biotech +14.5%
Transportation ($TRANQ) +3.4% Biotech ($BTK) +6.7% Airlines +12.0%
Internet ($DOT) +3.2% Natural Gas ($XNG) +6.5% Oil ($XOI) +11.8%
Computer Tech ($XCI) +2.9% Airlines +6.3% Internet ($DOT) +11.8%

 

 

Worst Performing Industries
Last Week Last 4 Weeks Last 8 Weeks
Drugs ($DRG) -2.6% Paper ($DJUSPP) -9.1% Hospitals -7.1%
HMOs ($HMO) -2.2% HMOs -3.4% HMOs -5.9%
Steel -2.2% Hospitals ($RXH) -3.4% Paper -5.0%
Health Care (IYH) -1.6% Drugs -3.1% Drugs -2.6%
Health Care Products ($RXP) -1.5% Defense ($DFX) -2.9% Health Care (IYH) -1.6%
Posted: 9:20 am