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

7/12/2008

Weekend Reading

If you’re like me and you’re looking for some interesting reading to fill your ‘financial’ weekend, then follow me over to Finance Trends Matter and the “Features of the Week”. As always, David has lots of interesting stuff for your browsing pleasure.

Posted: 1:27 pm

Weekend Sector Scan

Just not much good goin’ on the various sectors these days.

The Energies and Staples are trying to hang on, but they’re leaking:

 

 

Health Care and the Utilities are still headed sideways - though the XLV is really just still dragging along the bottom:

 

 

As for the rest, the charts don’t paint a very pretty picture:

 

 

Here are the numbers as the indices probe new lows:

 

Sector Symbol 8 Week % Chg. 4 Week % Chg. 1 Week % Chg. YTD % Chg.
Utilities XLU -0.8 -2.0 +0.2 -4.4
Health Care XLV -2.8 -0.1 +1.0 -12.7
Consumer Staples XLP -5.5 -4.2 +1.0 -6.5
Energy XLE -8.0 -5.5 -3.7 +3.1
Technology XLK -12.4 -9.2 -0.6 -16.7
Basic Materials XLB -14.1 -11.5 -0.1 -5.5
Industrials XLI -15.8 -10.6 -1.0 -15.5
Consumer Discretionary XLY -19.9 -15.5 -4.5 -18.1
Financials XLF -29.2 -20.1 -6.3 -35.4

 

Charts courtesy of StockCharts.com

Posted: 9:19 am