Businessweek Archives

Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

On May 3, the Dow vaulted the 11,000 barrier with the greatest of ease beforebacking off a bit the next day, as the rally in the cyclicals continued andthe base of the the bull rally widened. But for the tech-laden NASDAQ, it wasanother story. Since its Apr. 26 high, that index has slumped 4.5%, with thedecline in Internet stocks a lot steeper. The GSTI Internet Index has fallen13.2% over the same period. Interest rates rose in response to the recentsurge in oil prices. Crude is approaching $19 a barrel, and some experts arepredicting $20 by summer.

% change

U.S. MARKETS Latest Week Year

Dow Jones Industrials 10,955.4 1.0 21.0

NASDAQ Combined Composite 2534.5 -0.6 36.5

S&P MidCap 400 400.8 1.3 7.4

S&P SmallCap 600 173.3 0.6 -13.6

S&P SuperComposite 1500 282.5 -0.1 19.2

% change

SECTORS Latest Week Year

Bloomberg Information Age 529.3 -0.1 51.9

S&P Financials 147.1 -1.9 11.2

S&P Utilities 256.2 2.5 7.1

PSE Technology 524.0 0.9 46.2

% change

FOREIGN MARKETS Latest Week Year

London (FT-SE 100) 6401.7 -3.0 6.8

Frankfurt (DAX) 5307.2 -0.8 1.5

Tokyo (NIKKEI 225) 16,701.5 -1.4 9.6

Hong Kong (Hang Seng) 13,586.2 3.4 34.4

Toronto (TSE 300) 7023.6 -1.1 -8.5

Mexico City (IPC) 5560.6 1.9 12.8

Week Year

FUNDAMENTALS Latest Ago Ago

S&P 500 Dividend Yield 1.21% 1.18% 1.40%

S&P 500 P/E Ratio (Last 12 mos.) 33.9 34.1 26.7

S&P 500 P/E Ratio (Next 12 mos.)* 24.5 25.6 21.7

First Call Earnings Revision* 0.33% 2.39% -1.01%

Week

TECHNICAL INDICATORS Latest Ago Reading

S&P 500 200-day average 1174.3 1170.1 Positive

Stocks above 200-day average 55.0% 51.0% Neutral

Options: Put/call ratio 0.46 0.41 Negative

Insiders: Vickers Sell/buy ratio 0.83 0.81 Positive

BEST-PERFORMING LAST LAST 12

GROUPS MONTH % MONTHS %

Hospital Management 46.4 Broadcasting 81.5

Machine Tools 39.1 Specialty Appar. Retailers 72.2

Metals 39.0 Communicatons Equip. 71.2

Gold Mining 38.1 Long-Dist. Telecomms. 66.9

Aluminum 37.7 Semiconductors 59.0

WORST-PERFORMING LAST LAST 12

GROUPS MONTH % MONTHS %

Food Wholesalers -18.8 Manufactured Housing -42.1

Computer Software -14.7 Oil & Gas Drillling -36.6

Health-Care Services -14.1 Engineering & Constr. -29.4

Drugs -11.5 Machine Tools -23.9

Restaurants -11.5 Metal & Glass Containers -23.5

BLOOMBERG MONEY FLOW ANALYSIS

Rebound ahead? Stocks with most 1-MONTH

significant buying on price weakness PRICE CHANGE

America Online 127 1/8 -39 13/16

Charles Schwab 101 3/4 -1 5/8

Vodafone Group-ADR 179 3/4 -10 3/8

Amazon.com 143 -43 1/2

General Electric 104 15/16 -9 11/16

Bank of America 70 7/16 -1 3/16

Decline ahead? Stocks with most 1-MONTH

significant selling on price strength PRICE CHANGE

DoubleClick 120 15/16 25 3/8

Qwest Communications Intl. 81 9/16 3 1/2

Knight/Trimark Group 132 60 5/8

Global Crossing 54 5/8 9 5/8

Tellabs 115 3/8 11 15/16

Inktomi 108 17 1/2

Data: Bloomberg Financial Markets; *First Call Corp.

LATEST WEEK YEAR

KEY RATES WEEK% AGO% AGO%

MONEY MARKET FUNDS 4.45 4.45 5.09

90-DAY TREASURY BILLS 4.58 4.55 5.11

6-MONTH BANK CDS 4.34 4.35 5.07

1-YEAR TREASURY BILLS 4.74 4.73 5.41

10-YEAR TREASURY NOTES 5.39 5.26 5.67

30-YEAR TREASURY BONDS 5.70 5.58 5.94

LONG-TERM AA INDUSTRIALS 6.67 6.54 6.51

LONG-TERM BBB INDUSTRIALS 7.19 7.13 6.97

LONG-TERM AA TELEPHONES 6.93 6.78 6.78

BLOOMBERG MUNI YIELD EQUIVALENTS

Taxable equivalent yields on AAA-rated, tax-exempt municipal bonds,

assuming a 31% federal tax rate.

10-yr. bond 30-yr. bond

Latest Last Latest Last

week week week week

GENERAL OBLIGATIONS 4.30% 4.25% 4.99% 4.97%

PERCENT OF TREASURIES 79.22 82.07 87.47 89.04

TAXABLE EQUIVALENT 6.23 6.16 7.23 7.20

INSURED REVENUE BONDS 4.42 4.35 5.23 5.19

PERCENT OF TREASURIES 81.43 84.00 91.68 92.99

TAXABLE EQUIVALENT 6.41 6.30 7.58 7.52

EQUITY FUNDS

LEADERS LAGGARDS

FOUR-WEEK TOTAL RETURN % FOUR-WEEK TOTAL RETURN %

Montgomery Emerg. Asia R 34.4 Dominion Insight Growth -14.9

Rydex Precious Metals 28.2 ProFunds UltraOTC Serv. -12.6

Newport Tiger Cub A 26.6 Millennium Growth -12.4

Crabbe Huson Special A 26.1 Millennium Growth & Income -11.7

GMO Evolving Countries III 26.0 Robertson Steph. Inf. Age A -11.7

LEADERS LAGGARDS

52-WEEK TOTAL RETURN % 52-WEEK TOTAL RETURN %

Internet 301.0 Lex. Troika Dialog Russia -68.3

Amerindo Technology D 199.3 American Heritage -64.3

Van Wagoner Technology 130.4 Potomac OTC/Short -48.6

Munder NetNet A 122.4 Vontobel Eastern Europ. Eq. -47.4

Matthews Korea I 121.6 Safeco Sm. Co. Stock Adv. B -44.1

EQUITY FUND CATEGORIES

LEADERS LAGGARDS

FOUR-WEEK TOTAL RETURN % FOUR-WEEK TOTAL RETURN %

Natural Resources 19.6 Technology -4.4

Pacific/Asia ex-Japan 19.2 Large-cap Growth -3.4

Precious Metals 14.6 Health -2.9

Diversified Emerging Mkts. 13.3 Communications -0.3

Real Estate 11.7 Mid-cap Growth 1.3

LEADERS LAGGARDS

52-WEEK TOTAL RETURN % 52-WEEK TOTAL RETURN %

Technology 46.5 Latin America -22.6

Communications 39.4 Small-cap Value -16.9

Japan 29.0 Precious Metals -15.8

Large-cap Growth 23.5 Diversified Emerging Mkts. -14.3

Pacific/Asia ex-Japan 15.4 Small-cap Blend -13.2

All data are as of market close Wednesday, May 5, 1999, unless otherwise

indicated. Industry groups include S&P 500 companies only. Fundamentals,

technical indicators, Bloomberg money flow analysis, and mutual fund returns

are as of May 4. For a more detailed explanation, write to us or E-mail

figures@businessweek.com. NA=Not available **Vanguard Index 500 Fund

Return to top


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus