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Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

COMMENTARY

Despite continued weakness in the drug group and a sharp drop in ibM on Mar.

24, the result of an earnings downgrade by a brokerage house, the Dow

industrials posted a gain for the week. Interest rates fell as the economic

data showed that the recovery was still not robust. The stock market may look

pricey, with the S&p sporting a price-earnings ratio of 23. But a year ago the

p-e was 25. More important, now the dividend yield is almost equal to the bill

yield; a year ago it was a percentage point lower.

Market Analysis

% change

U.S. STOCKS Latest Week 52-week

DOW JONES INDUSTRIALS 3445.4 0.5 5.7

MIDSIZE COMPANIES (S&P MidCap Index) 160.7 -1.1 8.6

SMALL COMPANIES (Russell 2000) 224.9 -1.7 8.7

ALL COMPANIES (Russell 3000) 255.6 -0.4 10.3

% change (local currency)

FOREIGN STOCKS Latest Week 52-week

LONDON (FINANCIAL TIMES 100) 2860.6 -1.0 16.1

TOKYO (NIKKEI INDEX) 18,450.7 1.5 -8.8

TORONTO (TSE COMPOSITE) 3603.7 1.8 4.4

FUNDAMENTALS Latest Week ago Year ago

90-DAY TREASURY BILL YIELD 2.98 % 3.02 % 4.09 %

30-YEAR TREASURY BOND YIELD 6.82 % 6.87 % 7.95 %

S&P 500 DIVIDEND YIELD 2.76 % 2.74 % 2.98 %

S&P 500 PRICE/EARNINGS RATIO 23.3 23.3 25.4

TECHNICAL INDICATORS Latest Week ago Reading

S&P 500 26-week moving average 431.9 430.8 Positive

Stocks above 26-week moving average 71.0 % 73.3 % Neutral

Speculative sentiment: Put/call ratio 0.45 0.43 Positive

Insider sentiment: Vickers sell/buy ratio 2.73 3.11 Negative

BRIDGE INFORMATION SYSTEMS INC.

Industry Groups

% change % change

FOUR-WEEK LEADERS 4-week 52-week Strongest stock in group 4-week 52-week Price

1 HOTELS AND MOTELS 13.4 44.7 PROMUS 31.4 129.2 69 5/8

2 COAL 12.1 4.8 PITTSTON 17.1 5.7 16 1/4

3 SHOES 10.5 8.4 NIKE 16.3 14.8 76 3/4

4 APPAREL MANUFACTURING 10.5 -0.5 V.F. 14.8 17.3 53 3/8

5 DEFENSE ELECTRONICS 10.3 18.1 LORAL 15.2 52.5 53

% change % change

FOUR-WEEK LAGGARDS 4-week 52-week Weakest stock in group 4-week 52-week Price

1 LEISURE TIME -5.2 -7.2 OUTBOARD MARINE -14.9 -23.2 18 5/8

2 TRUCKING -5.1 -13.4 CONSOLIDATED FREIGHTWAYS -10.0 -5.6 16 7/8

3 PAPER CONTAINERS -4.3 -23.2 STONE CONTAINER -9.4 -51.5 14 1/2

4 POLLUTION CONTROL -3.8 -13.0 ROLLINS ENVIRONMENTAL SERV.

-19.5 -36.5 8 1/4

5 ENGINEERING AND

CONSTRUCTION -3.5 4.0 MORRISON KNUDSEN -5.3 -15.4 20 1/4

MORNINGSTAR INC.

Mutual Funds

LEADERS

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

1 LEXINGTON STRATEGIC INVESTMENTS 17.3 FINANCIAL STRATEGIC HEALTH SCIENCES -7.3

2 STEADMAN OCEANOGRAPHIC

TECHNOLOGY 14.9 PROGRESSIVE AGGRESSIVE GROWTH -5.5

3 METLIFE-STATE STREET

GLOBAL ENERGY 11.2 OPPENHEIMER GLOBAL BIO-TECH -4.8

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

1 FIDELITY SELECT HOME FINANCE 52.9 PROGRESSIVE AGGRESSIVE GROWTH -36.2

2 JOHN HANCOCK FREEDOM

REGIONAL BANK B 47.8 OPPENHEIMER GLOBAL BIO-TECH -33.5

3 FIDELITY SELECT FINANCIAL

SERVICES 46.0 FINANCIAL STRATEGIC HEALTH

SCIENCES -29.6

DATA RESOURCES INC.

Relative Portfolios

Treasury bonds Foreign stocks U.S. stocks Money market fund Gold

$12,312 $11,536 $11,302 $10,258 $9,739

+0.97% +2.95% -0.58% +0.05% +0.88%

Dollar amounts

represent the present value of $10,000

invested one year ago in each portfolio

Percentages indicate

five-day total returns

All data on this page are as of market close Wednesday, Mar. 24, 1993, unless

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

performance and share prices are as of market close Mar. 23. Mutual fund

returns are as of Mar. 19. Relative portfolios are valued as of Mar. 23. A more

detailed explanation of this page is available on request.


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