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Investment Figures of the Week
Investment Figures of the Week
COMMENTARYAnother great week for stocks. The major indexes all posted new highs, with theDow industrials rising 1.8%, the S&P 500 2.2%, and the Nasdaq composite 2.4%.The big move in the Nasdaq reflected a sharp rebound in computer stocks as wellas continued strength in biotech. But underlying it all is the flood of moneygoing into the market from mutual funds. In January, investors poured a record$24.5 billion into equity mutual funds, topping the previous monthly high settwo years ago by more than $6 billion.MARKET ANALYSIS
% change
U.S. STOCKS Latest Week 52-week
DOW JONES INDUSTRIALS 5492.1 1.8 39.6
MIDSIZE COMPANIES (S&P MidCap Index) 224.1 1.5 26.4
SMALL COMPANIES (Russell 2000) 319.4 1.3 25.9
ALL COMPANIES (Russell 3000) 369.0 2.0 33.9
FUNDAMENTALS Latest Week ago Year ago
90-DAY TREASURY BILL YIELD 4.94% 5.04% 5.89%
30-YEAR TREASURY BOND YIELD 6.15% 6.02% 7.64%
S&P 500 DIVIDEND YIELD 2.11% 2.14% 2.69%
S&P 500 PRICE/EARNINGS RATIO 18.8 18.1 16.4
% change (local currency)
FOREIGN STOCKS Latest Week 52-week
LONDON (FINANCIAL TIMES 100) 3726.1 -0.9 21.3
TOKYO (NIKKEI INDEX) 20,943.5 0.6 14.5
TORONTO (TSE COMPOSITE) 5026.5 1.2 22.5
TECHNICAL INDICATORS Latest Week ago Reading
S&P 500 200-day moving average 574.3 571.0 Positive
Stocks above 200-day moving average 71.0% 70.0%r Negative
Speculative sentiment: Put/call ratio 0.63 0.62r Neutral
Insider sentiment: Vickers sell/buy ratio 1.63 1.57 Positive
BLOOMBERG FINANCIAL MARKETS
INDUSTRY GROUPS
% change % change
1- 12- Strongest stock 1- 12-
ONE-MONTH LEADERS month month in group month month Price
1 DEFENSE ELECTRONICS 25.6 131.8 LORAL 28.3 124.8 46 1/2
2 COMPUTER SYSTEMS 20.0 50.6 DIGITAL EQUIPMENT 29.7 104.8 75 1/4
3 HOTELS AND MOTELS 17.8 28.1 HILTON HOTELS 41.8 31.9 89 7/8
4 COMMUNICATIONS 15.9 60.3 TELLABS 25.3 83.4 47
EQUIPMENT
5 GOLD MINING 15.9 57.7 SANTA FE 28.8 98.6 17 7/8
PACIFIC GOLD
% change % change
1- 12- Weakest stock 1- 12-
ONE-MONTH LAGGARDS month month in group month month Price
1 MACHINE TOOLS -10.7 -0.8 CINCINNATI -12.4 3.3 23 3/4
MILACRON
2 TRUCKING -7.6 -10.2 CONSOLIDATED -15.1 10.1 23 1/8
FREIGHTWAYS
3 POLLUTION CONTROL -4.6 -1.1 WMX TECHNOLOGIES -6.1 0.0 29
4 HOMEBUILDING -4.4 30.5 CENTEX -13.2 20.4 29 1/2
5 GENERAL MERCHANDISE -4.3 1.8 KMART -12.5 -49.6 7
CHAINS
MORNINGSTAR INC.
MUTUAL FUNDS
LEADERS LAGGARDS
Four-week total return % Four-week total return %
1 MIDAS 21.7 WRIGHT EQUIFUND-SWITZERLAND -4.6
2 BLANCHARD PRECIOUS 21.3 HOTCHKIS & WILEY SMALL CAP -3.9
METALS
3 SCUDDER GOLD 21.0 FIDELITY SELECT -3.6
AIR TRANSPORTATION
52-week total return % 52-week total return %
1 MIDAS 106.0 EV MARATHON GREATER INDIA -29.2
2 ALGER CAPITAL 80.5 AMERICAN HERITAGE -25.9
APPRECIATION
3 IDS PRECIOUS 79.8 STEADMAN AMERICAN INDUSTRY -18.6
METALS A
DRI/McGRAW-HILL
RELATIVE PORTFOLIOS
Dollar amounts represent the present value of $10,000 invested one year ago in
each portfolio
Percentages indicate five-day total returns
U.S. Treasury Foreign Money
stocks bonds stocks Gold market fund
$13,697 $12,767 $12,191 $10,583 $10,563
+2.57% -1.16% +1.94% +1.43% +0.12%
All data on this page are as of market close Wednesday, Feb. 7, 1996, unless
otherwise indicated. Industry groups include S&P 500 companies only;
performance and share prices are as of market close Feb. 6. Mutual fund returns
are as of Feb. 2. Relative portfolios are valued as of Feb. 6. A more detailed
explanation of this page is available on request. r=revised
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