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

7/6/2008

ChartWatchers Newsletter

Well, the folks at StockCharts.com did come out with the latest issue of the ChartWatchers newsletter on this holiday weekend. This time around, the topics include bearish sector rotation, Carl Swenlin’s ‘dangerous market’ piece, the expansion of the bear market to more sectors, and the current lack of fear in the market.

Posted: 2:03 pm

What’s Hot, What’s Not

Notes on the latest moves in the industry groups:

 

Best Performing Industries
Last Week Last 4 Weeks Last 8 Weeks
Drugs ($DRG) +4.3% Drugs +2.8% Gold & Silver ($XAU) +5.1%
Health Care Prods. ($RXP) +2.2% Gold & Silver +2.7% Health Care Prods. +1.7%
Utilities ($UTY) +2.0% Utilities +0.4% Natural Gas ($XNG) +1.6%
Biotech ($BTK) +1.2% Health Care Prods. +0.3% Drugs +1.1%
Health Care ($HCX) +1.2% Natural Gas -1.2% Utilities +1.0%

 

 

Worst Performing Industries
Last Week Last 4 Weeks Last 8 Weeks
Steel ($DJUSST) -15.7% Airlines ($XAL) -24.4% Airlines -33.6%
Metals & Mining (XME) -12.8% HMOs ($HMO) -22.0% Banks ($BKX) -29.3%
Airlines -10.1% Banks -17.7% Housing ($HGX) -23.3%
Transportation ($TRANQ) -5.4% Disk Drives ($DDX) -17.3% HMOs -17.7%
Paper ($DJUSPP) -5.0% Paper -17.0% Brokers ($XBD) -15.9%
Posted: 9:12 am