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Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

COMMENTARY

The bond market surged in response to the the Clinton deficit-cutting

proposals. As the data in Relative Portfolios on this page show, Treasury bonds

have been the premier investment over the past year, yielding a total return of

more than 21%. Unable to resist the good news on interest rates, stocks came to

life. However, health-care and medical products stocks were clobbered.

Investors see them as casualties under a Clinton program for reforming the

health-care system.

Market Analysis

% change

U.S. STOCKS Latest Week 52-week

DOW JONES INDUSTRIALS 3356.5 1.3 2.2

MIDSIZE COMPANIES (S&P MidCap Index) 158.5 1.4 4.7

SMALL COMPANIES (Russell 2000) 219.6 0.5 4.5

ALL COMPANIES (Russell 3000) 251.3 1.6 6.5

%change (local currency)

FOREIGN STOCKS Latest Week 52-week

LONDON (FINANCIAL TIMES 100) 2817.0 0.1 9.8

TOKYO (NIKKEI INDEX) 16,798.9 -1.2 -21.4

TORONTO (TSE COMPOSITE) 3465.8 1.4 -3.2

FUNDAMENTALS Latest Week ago Year ago

90-DAY TREASURY BILL YIELD 3.01 % 2.97 % 4.05 %

30-YEAR TREASURY BOND YIELD 6.89 % 7.10 % 7.85 %

S&P 500 DIVIDEND YIELD 2.85 % 2.85 % 2.97 %

S&P 500 PRICE/EARNINGS RATIO 22.8 22.1 25.7

TECHNICAL INDICATORS Latest Week ago Reading

S&P 500 26-week moving average 427.1 426.3 Positive

Stocks above 26-week moving average 67.9 % 69.5 % Neutral

Speculative sentiment: Put/call ratio 0.44 0.50 Positive

Insider sentiment: Vickers sell/buy ratio 3.74 3.96 Negative

BRIDGE INFORMATION SYSTEMS INC.

INDUSTRY GROUPS

% change % change

FOUR-WEEK LEADERS 4-week52-week Strongest stock in group 4-week 52-week Price

GOLD MINING 17.0 1.9 ECHO BAY MINES 32.4 -22.4 5 5/8

OIL AND GAS DRILLING 13.3 29.9 ROWAN 15.5 31.4 8 3/8

NATURAL GAS DISTRIBUTIO 9.8 33.2 ENRON 18.7 63.6 56 1/4

OIL EXPLORATION AND

PRODUCTION 8.2 -0.9 MAXUS ENERGY 20.8 10.3 8

ENGINEERING AND

CONSTRUCTION 7.2 -1.0 FLUOR 8.5 0.6 44 7/8

% change % change

FOUR-WEEK LEADERS 4-week52-week Strongest stock in group 4-week 52-week Price

HEALTH CARE SERVICES -32.1 -24.7 AMGEN -34.1 -31.0 43 1/2

TOYS -19.3 5.4 MATTEL -22.5 -6.6 20 5/8

MANUFACTURED HOUSING -15.5 6.3 FLEETWOOD

ENTERPRISES -18.1 2.1 41 3/4

APPAREL MANUFACTURING -14.7 -10.8 OSHKOSH B'GOSH -25.3 -45.5 16 5/8

MEDICAL PRODUCTS AND

SUPPLIES -14.0 -17.6 MEDTRONIC -24.6 -11.0 70 3/4

MORNINGSTAR INC.

MUTUAL FUNDS

LEADERS % LAGGARDS %

Four-week total return % Four-week total return %

LEXINGTON STRATEGIC INVESTMENTS 34.2 JOHN HANCOCK FREEDOM GLOBAL RX -16.6

UNITED SERVICES GOLD SHARES 21.9 FINANCIAL STRATEGIC HEALTH

SCIENCES -16.2

VAN ECK INTERNATIONAL INVESTORS 19.2 FIDELITY SELECT MEDICAL DELIVERY -16.0

52-week total return % 52-week total return %

FIDELITY SELECT SAVINGS & LOAN 43.4 LEXINGTON STRATEGIC INVESTMENTS -40.2

JOHN HANCOCK FREEDOM REGIONAL

BANK B 42.5 UNITED SERVICES GOLD SHARES -35.3

OAKMARK 38.0 PROGRESSIVE AGGRESSIVE GROWTH -34.2

RELATIVE PORTFOLIOS

Treasury bonds U.S. stocks Money market fund Foreign stocks Gold

$12,159 $10,909 $10,265 $10,198 $9,317

+3.55% +0.21% +0.05% +1.32% +0.05%

Dollar amounts

represent the present value of $10,000

invested one year ago in each portfolio

Percentages indicate

five-day total returns

All data on this page are as of market close Wednesday, Feb. 24, 1993, unless

otherwise indicated. Industry groups include S&P 500 companies only;

performance and share prices are as of market close Feb. 23. Mutual fund

returns are as of Feb. 19. Relative portfolios are valued as of Feb 23. A more

detailed explanation of this page is available on request.


Steve Ballmer, Power Forward
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