Friday, March 21, 2008

Market Week in Review

S&P 500 1,329.51 +1.1%*

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Click here for the Weekly Wrap by Briefing.com.

*5-Day Change

Weekly Scoreboard*

Indices
S&P 500 1,329.51 +1.1%
DJIA 12,361.32 +1.8%
NASDAQ 2,258.11 -.2%
Russell 2000 681.42 +.3%
Wilshire 5000 13,295.18 +.6%
Russell 1000 Growth 545.41 -.1%
Russell 1000 Value 729.32 +1.6%
Morgan Stanley Consumer 689.66 +2.0%
Morgan Stanley Cyclical 916.21 -1.0%
Morgan Stanley Technology 522.63 -.9%
Transports 4,707.65 +2.8%
Utilities 477.72 -.9%
MSCI Emerging Markets 127.99 -5.2%

Sentiment/Internals
NYSE Cumulative A/D Line 51,272 -3.0%
Bloomberg New Highs-Lows Index -755
Bloomberg Crude Oil % Bulls 12.0% -65.8%
CFTC Oil Large Speculative Longs 248,557 -3.9%
Total Put/Call 1.1 -11.5%
OEX Put/Call 2.3 +62.9%
ISE Sentiment 85.0 -13.3%
NYSE Arms .86 +4.9%
Volatility(VIX) 26.6 -2.5%
G7 Currency Volatility (VXY) 12.8 -.5%
AAII % Bulls 25.2 +23.5%
AAII % Bears 54.33 -8.3%

Futures Spot Prices
Crude Oil 101.84 -6.5%
Reformulated Gasoline 260.51 -2.78%
Natural Gas 9.06 -11.5%
Heating Oil 297.72 -4.5%
Gold 920.0 -7.3%
Base Metals 241.5 -10.3%
Copper 357.35 -6.1%
Agriculture 415.18 -16.1%

Economy
10-year US Treasury Yield 3.33% -14 basis points
10-year TIPS Spread 2.33% -11 basis points
TED Spread 2.04 +44 basis points
Investment Grade Credit Default Swap Index 159.25 -15.7%
Fed Fund Futures 56.0% chance of 50 cut, 44.0% chance of 25 cut on 4/30
Iraqi 2028 Govt Bonds 72.87 -1.3%
4-Wk MA of Jobless Claims 365,300 +1.7%
Average 30-year Mortgage Rate 5.87% -26 basis points
Weekly Mortgage Applications 652,000 -2.9%
Weekly Retail Sales +1.1%
Nationwide Gas $3.28/gallon unch.
US Heating Demand Next 7 Days 2.0% above normal
ECRI Weekly Leading Economic Index 130.8 -1.0%
US Dollar Index 72.71 +1.5%
Baltic Dry Index 7,684 -5.0%
CRB Index 381.74 -9.2%

Best Performing Style
Large-cap Value +1.6%

Worst Performing Style
Mid-cap Growth -1.4%

Leading Sectors
REITs +8.0%
Banks +6.8%
Retail +6.7%
Insurance +4.0%
Telecom +3.0%

Lagging Sectors
Energy -6.2%
Oil Service -7.1%
Construction -7.2%
Coal -11.8%
Gold -15.2%

One-Week High-Volume Gainers

One-Week High-Volume Losers

*5-Day Change

Thursday, March 20, 2008

Stocks Finish at Session Highs, Boosted by Financial, Gaming, Retail, REIT and Homebuilding Shares

Evening Review

Market Summary
Top 20 Biz Stories
Today’s Movers
Market Performance Summary
WSJ Data Center
Sector Performance
ETF Performance
Style Performance
Commodity Movers
Market Wrap CNBC Video(bottom right)
S&P 500 Gallery View
Timely Economic Charts
GuruFocus.com
PM Market Call
After-hours Commentary
After-hours Movers
After-hours Real-Time Stock Bid/Ask
After-hours Stock Quote

After-hours Stock Chart

In Play

***Alert***

Due to a scheduling conflict blogging will be light this afternoon. I am still positioned 75% net long and plan to stay that way into the close barring a substantial change in the market. I will post the Weekly Scoreboard this evening. Have a great weekend and thanks for reading!

Bear Radar

Style Underperformer:

Mid-cap Growth -.03%

Sector Underperformers:

Gold (-4.33%), Steel (-2.3%) and Oil Service (-1.6%)

Stocks Falling on Unusual Volume:

BPFH, BVN, GOLD, CRZO, TNH, FTK, TXCO, MDAS, MTRX and BUCY

Bull Radar

Style Outperformer:

Small-cap Value (+1.72%)

Sector Outperformers:

Banks (+3.95%), Retail (+3.46%) and I-Banks (+3.44%)

Stocks Rising on Unusual Volume:

MKTX, NCC, GROW, PSMT, WAL, C, PSEC, WFC, GE, HNR, CHNR, CCC, SIL, CVX, BW, CMC, MGEE, IBOC, PLCE, NBTB, OTTR, PBNY, RNST, INDB, CWCO, NGPC, COHU, AMFI, MDCI, CHFC, PNFP, FFIN, LORL, AAON, MATW, FPFC, TNL, MOG/A, SMA, WMK, WOR, IHC, RUS, HNR and UBA