Investment Figures of the Week

Investment Figures of the Week

COMMENTARYThe bears took over for most of the last week. Long-term interest rates shotover 7% on May 2, which triggered a torrent of sell orders for the blue chips.Even the high-flying OTC market couldn't buck the trend. The Dow industrialsdropped four days in a row, falling as low as 5342 on May 8, when the Dowstaged an impressive turnaround and rallied to close at 5474.1. Street watcherscredited stocks' rebound with a successful Treasury bond auction that helpednudge rates down.MARKET ANALYSIS

% change

U.S. STOCKS Latest Week 52-week

DOW JONES INDUSTRIALS 5474.1 -1.8 24.3

MIDSIZE COMPANIES (S&P MidCap Index) 232.6 -2.3 24.4

SMALL COMPANIES (Russell 2000) 345.2 -1.5 28.9

ALL COMPANIES (Russell 3000) 370.2 -1.6 24.4

FUNDAMENTALS Latest Week ago Year ago

90-DAY TREASURY BILL YIELD 5.13% 5.12% 5.79%

30-YEAR TREASURY BOND YIELD 6.96% 6.91% 7.00%

S&P 500 DIVIDEND YIELD 2.18% 2.16% 2.54%

S&P 500 PRICE/EARNINGS RATIO 18.9 19.2 16.2

% change (local currency)

FOREIGN STOCKS Latest Week 52-week

LONDON (FINANCIAL TIMES 100) 3707.3 -2.6 12.7

TOKYO (NIKKEI INDEX) 21,728.6 -0.4 29.1

TORONTO (TSE COMPOSITE) 5160.8 0.2 0.5

TECHNICAL INDICATORS Latest Week ago Reading

S&P 500 200-day moving average 609.3 607.1 Positive

Stocks above 200-day moving average 60.0% 66.0%r Neutral

Speculative sentiment: Put/call ratio 0.61 0.49 Neutral

Insider sentiment: Vickers sell/buy ratio 2.32 2.36 Neutral

BLOOMBERG FINANCIAL MARKETS

INDUSTRY GROUPS

% change % change

1- 12- Strongest stock 1- 12-

ONE-MONTH LEADERS month month in group month month Price

1 SEMICONDUCTORS 14.7 8.7 LSI LOGIC 21.4 3.2 34 3/4

2 COMMUNICATIONS 11.5 55.3 DSC COMMUNICATIONS 26.4 -17.8 31 1/8

EQUIPMENT

3 SHOES 11.4 80.8 NIKE 13.3 141.7 92 3/4

4 SPECIALTY APPAREL 9.9 38.4 CHARMING SHOPPES 23.0 35.4 6 11/16

RETAILERS

5 OFFICE EQUIPMENT 8.1 26.9 XEROX 16.3 22.4 149 3/4

AND SUPPLIES

% change % change

1- 12- Weakest stock 1- 12-

ONE-MONTH LAGGARDS month month in group month month Price

1 FINANCIAL SERVICES -11.8 23.1 FEDERAL NATL. -16.6 26.6 28 1/4

MORTGAGE ASSN.

2 DRUGS -11.1 38.9 ELI LILLY -15.1 46.8 54 7/8

3 TRUCKING -9.2 -5.7 YELLOW -13.5 -40.4 11 1/4

4 HMOs -9.2 61.4 UNITED HEALTHCARE -13.0 53.2 54 3/8

5 INVESTMENT -8.8 23.0 TRAVELERS GROUP -13.5 33.7 57

BANKING/BROKERAGE

MORNINGSTAR INC.

MUTUAL FUNDS

LEADERS LAGGARDS

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

1 PBHG TECHNOLOGY 14.5 FIDELITY SELECT -8.5

& COMMUNICATIONS AIR TRANSPORTATION

2 FIRST AMERICAN 14.0 INVESCO STRATEGIC -5.6

TECHNOLOGY C FINANCIAL SERVICES

3 FIDELITY EXPORT 13.7 NEW ENGLAND GROWTH A -5.5

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

1 TURNER SMALL 92.3 STEADMAN TECHNOLOGY GROWTH -15.8

CAP EQUITY

2 PBHG SELECT EQUITY 89.6 WRIGHT EQUIFUND-GERMANY -9.5

3 FRANKLIN GLOBAL 85.9 STEADMAN INVESTMENT -6.2

HEALTH CARE

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. Foreign Money Treasury

stocks stocks market fund bonds Gold

$12,597 $11,577 $10,544 $10,470 $10,406

-1.45% -0.24% +0.11% -2.28% +0.33%

All data on this page are as of market close Wednesday, May 8, 1996, unless

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

performance and share prices are as of market close May 7. Mutual fund returns

are as of May 3. Relative portfolios are valued as of May 7. A more detailed

explanation of this page is available on request. r=revised

Return to top