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Investment Figures of the Week
Investment Figures of the Week
An unexpected surge in consumer confidence gave stocks a reason to rally. The
Dow Jones industrials are once again shooting for the 3700 mark. Small and
midsize stocks also showed strength. Japanese investors took a roller coaster
ride. The Nikkei index dove 1300 points or 7.5% by Nov. 29, but rebounded
sharply by Dec. 1 and finished the week off only 1.5%. British investors are
beaming. The Financial Times index jumped 66 points on Dec. 1 to close at 3233,
an all-time high.
MARKET ANALYSIS
% change
U.S. STOCKS Latest Week 52-week
DOW JONES INDUSTRIALS 3697.1 0.6 12.5
MIDSIZE COMPANIES (S&P MidCap Index) 173.8 1.7 11.6
SMALL COMPANIES (Russell 2000) 252.6 1.8 17.9
ALL COMPANIES (Russell 3000) 266.2 0.7 8.5
% change (local currency)
FOREIGN STOCKS Latest Week 52-week
LONDON (FINANCIAL TIMES 100) 3233.2 5.3 17.0
TOKYO (NIKKEI INDEX) 17,125.3 -1.5 -1.5
TORONTO (TSE COMPOSITE) 4220.4 0.1 29.3
FUNDAMENTALS Latest Week ago Year ago
90-DAY TREASURY BILL YIELD 3.18% 3.19% 3.39%
30-YEAR TREASURY BOND YIELD 6.26% 6.31% 7.57%
S&P 500 DIVIDEND YIELD 2.73% 2.74% 2.88%
S&P 500 PRICE/EARNINGS RATIO 22.5 22.5 23.8
TECHNICAL INDICATORS Latest Week ago Reading
S&P 500 26-week moving average 455.9 455.5 Positive
Stocks above 26-week moving average 47.0% 45.3% Neutral
Speculative sentiment: Put/call ratio 0.38 0.43 Neutral
Insider sentiment: Vickers sell/buy
ratio 1.93 2.02 Neutral
BRIDGE INFORMATION SYSTEMS INC.
INDUSTRY GROUPS
% change Strongest % change
FOUR-WEEK LEADERS 4-week 52-week stock in group 4-week 52-week Price
PAPER CONTAINERS 17.9 -11.0 STONE CONTAINER 50.0 -43.5 10 7/8
APPAREL
MANUFACTURING 10.6 -29.2 LIZ CLAIBORNE 24.3 -45.7 23 5/8
COMPUTER SYSTEMS 7.5 -12.6 AMDAHL 18.9 -30.2 5 1/2
POLLUTION CONTROL 6.7 -28.4 BROWNING-FERRIS
INDUSTRIES 10.5 1.0 25
MANUFACTURED
HOUSING 6.2 10.3 FLEETWOOD ENTERPRISES 7.2 12.2 24 1/8
% change Weakest % change
FOUR-WEEK LAGGARDS 4-week 52-week stock in group 4-week 52-week Price
PERSONAL LOANS -9.1 16.5 HOUSEHOLD
INTERNATIONAL -11.1 15.8 33
OIL EXPLORATION AND
PRODUCTION -9.0 1.9 ORYX ENERGY -21.2 -11.8 18 5/8
OIL WELL EQUIPMENT
AND SERVICES -8.7 -0.5 BAKER HUGHES -12.6 3.2 20
HOTELS AND MOTELS -7.9 62.8 PROMUS -9.6 167.7 42 1/4
LONG-DISTANCE
TELECOMMUNICATIONS -7.2 18.9 MCI COMMUNICATIONS -15.2 32.7 24 3/8
MORNINGSTAR INC.
MUTUAL FUNDS
LEADERS LAGGARDS
Four-week total return % Four-week total return %
MORGAN STANLEY INSTL.
EMERGING MARKETS 9.4 DFA JAPANESE SMALL COMPANY -16.8
FIDELITY LATIN AMERICA 8.8 CAPSTONE NIKKO JAPAN -13.9
MERRILL LYNCH LATIN AMERICA B 7.1 EQUITY STRATEGIES -13.3
52-week total return % 52-week total return %
LEXINGTON STRATEGIC INVESTMENTS 212.3 PILGRIM CORPORATE UTILITIES -17.3
UNITED SERVICES GOLD 105.4 INVESCO STRATEGIC
ENVIRONMENTAL SERVICES -15.3
BLANCHARD PRECIOUS METALS 98.7 INVESCO STRATEGIC
HEALTH SCIENCES -12.0
DRI/McGRAW-HILL
RELATIVE PORTFOLIOS
Foreign stocks Treasury bonds Gold U.S. stocks Money market fund
$12,795 $12,232 $11,075 $10,944 $10,216
-4.39% +0.96% -1.77% +0.58% +0.04%
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, Dec. 1, 1993, unless
otherwise indicated. Industry groups include S&P 500 companies only;
performance and share prices are as of market close Nov. 30. Mutual fund
returns are as of Nov. 26. Relative portfolios are valued as of Nov. 30. A more
detailed explanation of this page is available on request.