Figures of the Week

Figures of the Week

COMMENTARY

Bond prices fell during the week, pushing the rate on long-term Treasury bonds

up over 6.7%. Still, the stock market, with the exception of technology

companies, seemed to shrug it off. Money appeared to be moving into beaten-up

sectors such as financials, transportation, and utilities. Those sectors are

interest-rate sensitive, and their strength suggests rates are near their

peak.

STOCKS

-----------% change--------

Year-to Last 12

U.S. MARKETS Jan. 12 Week date months

Dow Jones Industrials 11,551.1 3.9 0.5 21.9

Nasdaq Composite 3849.9 -0.7 -5.4 65.9

Nasdaq 100 3478.1 -0.8 -6.2 79.3

S&P MidCap 400 432.7 1.5 -2.7 12.6

S&P SmallCap 600 192.0 2.0 -2.9 8.7

S&P SuperComposite 1500 301.0 2.1 -2.5 15.1

S&P/BARRA Growth 855.6 1.3 -3.6 23.7

S&P/BARRA Value 602.4 3.1 -1.3 6.4

S&P Basic Materials 139.3 0.3 0.8 20.0

S&P Capital Goods 1084.7 4.1 -2.3 25.5

S&P Energy 848.4 3.7 1.7 19.9

S&P Financials 126.6 4.6 -4.9 -5.2

S&P REIT 75.9 4.4 3.1 -10.1

S&P Transportation 609.1 6.2 2.0 -11.2

S&P Utilities 237.9 3.7 4.7 -6.7

GSTI Internet 635.6 -8.8 -10.8 48.1

Morgan Stanley Cyclical 584.3 3.2 -0.2 17.1

PSE Technology 932.3 2.5 -4.1 93.6

------------% change-------

Year-to Last 12

GLOBAL MARKETS Jan. 12 Week date months

S&P Euro Plus 1485.7 2.5 -4.3 17.0

London (FT-SE 100) 6532.8 0.0 -5.7 8.3

Frankfurt (DAX) 6912.8 6.3 -0.7 32.9

Tokyo (NIKKEI 225) 18,677.4 -1.7 -1.4 39.8

Hong Kong (Hang Seng) 15,714.2 -0.8 -7.4 46.7

Toronto (TSE 300) 8360.0 2.9 -0.7 24.7

Mexico City (IPC) 7174.1 6.1 0.6 107.4

Week Year

FUNDAMENTALS Jan. 11 ago ago

S&P 500 Dividend Yield 1.17% 1.20% 1.27%

S&P 500 P/E Ratio

(Trailing 12 mos.) 31.9 31.1 32.3

S&P 500 P/E Ratio (Next 12 mos.)* 24.7 24.0 24.1

First Call Earnings Surprise* 17.14% 19.18% 15.13%

*First Call Corp.

Week

TECHNICAL INDICATORS Jan. 11 ago Reading

S&P 500 200-day average 1350.9 1431.1 Positive

Stocks above 200-day average 29.0% 25.0% Positive

Options: Put/call ratio 0.45 0.46 Negative

Insiders: Vickers Sell/buy ratio 0.68 0.66 Positive

BEST-PERFORMING Last Last 12

GROUPS month% months%

Health-Care Services 37.6 Instrumentation 151.9

Instrumentation 22.5 Communications Equip. 83.6

Metals 18.1 Aluminum 76.2

Entertainment 16.9 Health-Care Services 75.6

Semiconductors 16.1 Semiconductors 68.3

WORST-PERFORMING Last Last 12

GROUPS month% months%

Regional Telephone Cos. -12.5 Pollution Control -61.5

Money Center Banks -11.0 Tobacco -52.7

Major Regional Banks -10.2 Office Equip. & Supplies -49.4

Housewares -9.0 Manufactured Housing -48.5

Toys -8.8 Food Chains -38.2

INTEREST RATES

Week Year

KEY RATES Jan. 12 ago ago

MONEY MARKET FUNDS 5.39% 5.39% 4.71%

90-DAY TREASURY BILLS 5.43 5.43 4.45

1-YEAR TREASURY BILLS 6.12 6.00 4.49

10-YEAR TREASURY NOTES 6.70 6.49 4.74

30-YEAR TREASURY BONDS 6.71 6.53 5.16

30-YEAR FIXED MORTGAGE! 8.29 8.16 6.85

!BanxQuote, Inc.

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

GENERAL OBLIGATIONS 5.17% 5.94%

TAXABLE EQUIVALENT 7.49 8.61

INSURED REVENUE BONDS 5.33 6.21

TAXABLE EQUIVALENT 7.72 9.00

MUTUAL FUNDS

EQUITY FUND CATEGORIES

Leaders Laggards

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

Health 18.6 Financial -4.4

Real Estate 11.3 Domestic Hybrid 1.5

Technology 10.1 Large-cap Value 1.8

Diversified Emerging Mkts. 10.0 Utilities 2.0

Mid-cap Growth 9.3 Communications 2.3

Leaders Laggards

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

Technology 106.6 Financial -9.5

Japan 98.1 Precious Metals -8.0

Diversified Pacific/Asia 78.2 Real Estate -1.9

Diversified Emerging Mkts. 67.7 Small-cap Value 1.7

Latin America 66.8 Large-cap Value 2.2

Return to top