Saturday, October 12, 2013

As The World Turns

By, Chris Rossini

Below you'll find snapshots of how major markets around the world ended the week.

U.S. - Dow Jones Industrial Average +1.09%

China - Shanghai Composite Index +2.46%

Japan - Nikkei +2.71%

UK - FTSE +.52%

Germany - DAX Composite +1.18%

Spain - Madrid General Index +2.69%

Brazil - Bovespa Stock Index +.57%

Israel - Tel Aviv 25 Index +2.79%

Switzerland - Swiss Market Index -.10%

Gold -2.94%

Silver -1.91%

Crude Oil -1.86%

U.S. Dollar Index +.29%

Euro -.13%

U.S. 30YR T-Bond Yield +.08%

Bitcoin Price = 141

1 comment:

  1. This week World Stocks, VT, rose, 0.9%, as Nation Investment, EFA, rose, 0.9%, and as the Eurozone, EZU, rose 1.6% and the Emerging Markets, EEM, rose 1.7%.

    This week, US Stocks, VTI, and The Russell 2000, IWM, both rose 0.6%. And the S&P 500, SPY, rose 0.8%; with the chart of the S&P 500, $SPX, closing at $1,703, up 0.7%.

    The S&P 500, SPY, closed at 170.25. Inasmuch as September 20, 2013, marked an Elliott Wave 5 High in the S&P 500; its current rise marks an Elliott Wave 2 High, from which the S&P 500 will fall into an Elliott Wave 3 Down; these are the most aggressive of all economic waves, creating the bulk of wealth on the way up, and destroying most of wealth on the way down.

    Nations rising strongly this week included the following

    Egypt, EGPT, 5.5,

    Israel, EIS, 3.8

    India, INP, 3.4, SCIN, 2.1,

    Brazil, EWZ, 2.7, EWZS, 2.5,

    Spain, EWP, 2.4

    Italy, EWI, 3.1

    Greece, GREK, 2.9

    Thailand, THD, 2.8,

    Philippines, EPHE, 2.7

    South Korea, EWY, 2.1

    Argentina, ARGT, 1.4

    Sectors rising this week to new rally highs included the following:

    Solar, TAN, 3.0%

    Design Build, FLM, 2.2

    Leveraged Buyouts, PSP, 1.6

    Resorts and Casinos, BJK, 1.4

    Small Cap Industrials, PSCI, 0.9

    Sectors falling strongly this week included the following:

    Biotechnology, IBB, -5.4

    Nasdaq Internet, PNQI, -2.9%

    Internet Retail, FDN, -2.4,

    these are the first investment casualties of the Great Bear Market.

    Yield Bearing Sectors rising strongly this week included

    Electric Utilities, XLU, 2.6%

    Real Estate, IYR, 2.6, with REZ 3.6, FNIO, 3.0, ROOF 2.4, and DRW, 1.2.

    Telecom, IST, 1.0

    Shipping, SEA, 0.6

    Small Cap Energy, PSCE, 1.9%, Energy Production, XOP, 1.7. both new rally highs on a lower price of Oil, USO, -1.0.

    Demand for Small Cap Industrials, PSCI, and Small Cap Energy, PSCE, have driven the Small Cap Growth Stocks, RZG, to a new rally high as investors have shunned Large Cap Value Stocks, JKF, as is seen in their combined ongoing Yahoo Finance Chart.