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Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

COMMENTARY

Dow 3500! The Dow Jones industrial average closed at a new century-marker, and

new high as well, the result of a surprise afternoon rally on May 19. The Dow

fell as low as 3416 early in the day, as traders feared the Fed board members

would call for tighter monetary policy. Earlier in the week, inflation reports

had already pushed bond yields back over 7% and gold soaring to a two-year

high. But Fed governors gave no hint of tight money, so the bulls ran rampant

down Wall Street.

MARKET ANALYSIS

% change

U.S. STOCKS Latest Week 52-week

DOW JONES INDUSTRIALS 3500.0 0.5 3.1

MIDSIZE COMPANIES (S&P MidCap Index) 164.0 0.0 13.9

SMALL COMPANIES (Russell 2000) 229.3 0.2 16.2

ALL COMPANIES (Russell 3000) 255.9 0.4 9.3

FOREIGN STOCKS Latest Week 52-week

LONDON (FINANCIAL TIMES 100) 2819.7 -1.4 4.0

TOKYO (NIKKEI INDEX) 20,380.8 -1.1 9.1

TORONTO (TSE COMPOSITE) 3811.3 0.4 12.7

FUNDAMENTALS Latest Week ago Year ago

90-DAY TREASURY BILL YIELD 3.03 % 2.95 % 3.67 %

30-YEAR TREASURY BOND YIELD 6.97 % 6.86 % 7.81 %

S&P 500 DIVIDEND YIELD 2.83 % 2.81 % 2.96 %

S&P 500 PRICE/EARNINGS RATIO 22.6 22.4 25.4

TECHNICAL INDICATORS Latest Week ago Reading

S&P 500 26-week moving average 440.6 439.9 Positive

Stocks above 26-week moving average 55.9 % 62.3 % Negative

Speculative sentiment: Put/call ratio 0.38 0.39 Neutral

Insider sentiment: Vickers sell/buy ratio 2.61 2.87 Negative

BRIDGE INFORMATION SYSTEMS INC.

INDUSTRY GROUPS

% change Strongest % change

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

GOLD MINING 31.5 50.8 ECHO BAY MINES 98.0 94.0 12 1/8

INSTRUMENTATION 13.8 9.7 HEWLETT-PACKARD 15.7 9.5 84 3/4

HOSPITAL MANAGEMENT 11.7 -27.3 GALEN HEALTH CARE 15.6 15.6 13 7/8

TOYS 9.4 27.3 HASBRO 10.6 29.4 35 1/4

DRUGS 8.1 -15.5 PFIZER 13.7 0.5 70 3/8

% change Weakest % change

FOUR-WEEK LAGGARDS 4-week 52-week stock in group 4-week 52-week Price

LIFE INSURANCE -11.7 32.8 CAPITAL HOLDING -16.2 32.9 34 7/8

MAJOR REGIONAL BANKS -11.3 12.1 NATIONSBANK -15.3 -4.4 46 3/8

MONEY CENTER BANKS -10.4 14.7 CHASE MANHATTAN -15.6 -0.9 29 1/8

TRUCKING -10.2 -24.4 CONSOLIDATED

FREIGHTWAYS -11.6 2.4 16 1/8

HEAVY-DUTY TRUCKS -10.0 6.5 PACCAR -16.9 -5.2 54 1/4

MORNINGSTAR INC.

MUTUAL FUNDS

LEADERS LAGGARDS

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

LEXINGTON STRATEGIC

INVESTMENTS 43.1 STEADMAN AMERICAN INDUSTRY -16.3

MONITREND GOLD 33.0 STEADMAN OCEANOGRAPHIC TECHNOLOGY -13.9

UNITED SERVICES GOLD

SHARES 31.5 FIDELITY SELECT REGIONAL BANKS -11.9

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

METLIFE-STATE STREET

GLOBAL ENERGY 63.2 PROGRESSIVE AGGRESSIVE GROWTH -28.5

UNITED SERVICES WORLD

GOLD 51.1 FINANCIAL STRATEGIC ENVIRONMENTAL -24.7

PBHG GROWTH 48.4 G.T. LATIN AMERICA GROWTH A -19.4

DATA RESOURCES INC.

RELATIVE PORTFOLIOS

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

$11,931 $11,890 $10,904 $10,884 $10,244

-1.46% -2.30% +3.50% -0.91% +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, May 19, 1993, unless

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

performance and share prices are as of market close May 18. Mutual fund returns

are as of May 14. Relative portfolios are valued as of May 18. A more detailed

explanation of this page is available on request.


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