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

2/10/2007

Weekend Sector Scan

 

Basic Materials are still holding up well, and the Utilities are on a roll, with the XLU up 10 straight days.

 

 

Health Care pulled back a bit, and the Energies are consolidating just above the 50-day MA.

 

 

All of the other sectors suffered setbacks of varying degrees this week.

 

 

The numbers after a slight cooldown in the market:

 

Sector Symbol 8 Week % Chg. 4 Week % Chg. 1 Week % Chg. YTD % Chg.
Basic Materials XLB +3.5 +3.9 -0.1 +5.1
Health Care XLV +3.4 +0.8 -0.6 +3.1
Utilities XLU +3.0 +6.1 +2.5 +3.6
Consumer Discretionary XLY +2.6 +0.5 -0.6 +2.9
Industrials XLI +1.9 +0.8 -0.9 +2.4
Consumer Staples XLP +1.8 0.0 -1.0 +1.5
Financials XLF +1.6 +0.5 -0.6 +1.1
Technology XLK -0.1 -2.0 -0.9 +1.2
Energy XLE -4.3 +5.3 -0.4 -0.4

 

Charts courtesy of StockCharts.com

Posted: 12:38 pm