|
|
Sterling
Weekly for January 2nd, 2006
|
Friday of last week marked
the last trading day of 2005,
which is now officially done
and in the books. As usually
I am publishing my report on
the performance of the indices
I track. The table below contains
the 34 indices I track on a
daily basis. This includes three
(3) interest rate indices (the
FVX, TNX, & TYX), and 31
equity indices. In 2005 we saw
a flattening of the yield curve
as the Fed continued to raise
short term interest rates without
any significant impact on long
term rates. Looking at the equity
indices we see that the 4 of
the 5 top performing sector
indices were related to either
commodities or broker/dealers
that were expected to profit
from the trading of commodities.
In fact 6 of the top 7 sector
indices would fit this profile
if you consider that computer
memory storage is almost a commodity
product. In general the high
tech indices did not perform
that well, and there doesn't
seam to be much correlation
between those indices that were
negative on the year other than
concerns relating to the economy.
|
|
|
|
INDEX |
12/31/04 |
12/30/05 |
Pt.
change |
%
change |
| Interactive
'INX' |
N/A |
222.57 |
N/A |
N/A |
| Insurance
'IUX' |
N/A |
359.94 |
N/A |
N/A |
| CBOE
Technology 'TXX' |
N/A |
635.94 |
N/A |
N/A |
| Amex
Natural Gas 'XNG' |
290.46 |
398.15 |
107.69
|
37.08% |
| Amex
Oil 'XOI' |
721.12 |
986.83 |
265.71
|
36.85% |
| Philly
Gold/Silver 'XAU' |
99.35 |
128.03 |
28.68
|
28.87% |
| Amex
Broker/Dealer 'XBD' |
152.60 |
196.30 |
43.70
|
28.64% |
| Amex
Biotech. 'BTK' |
544.25 |
680.91 |
136.66
|
25.11% |
| CBOE
5-Yr Treasury 'FVX |
36.07 |
43.55 |
7.48
|
20.74% |
| M.S.
Commodities 'CRX' |
419.98 |
503.56 |
83.58
|
19.90% |
| Amex
Disk Drive Man. 'DDX' |
121.59 |
144.18 |
22.59
|
18.58% |
| Philly
Utility 'UTY' |
373.61 |
425.90 |
52.29
|
14.00% |
| Philly
Semiconductor 'SOX' |
433.31 |
479.49 |
46.18
|
10.66% |
| M.S.
Health Care Prod. 'RXP' |
1,308.37 |
1,388.45 |
80.08
|
6.12% |
| S&P
Healthcare 'HCX' |
350.48 |
367.49 |
17.01
|
4.85% |
| CBOE
10-Yr. Treasury 'TNX' |
42.16 |
43.95 |
1.79
|
4.25% |
| Amex
N. Amer Telecom 'XTC' |
720.69 |
745.16 |
24.47
|
3.40% |
| S&P
500 'SPX' |
1,211.92 |
1,248.29 |
36.37
|
3.00% |
| M.S.
High Tech 'MSH' |
507.67 |
522.21 |
14.54
|
2.86% |
| NASDAQ
100 'NDX' |
1,621.12 |
1,645.20 |
24.08
|
1.49% |
| IW
Internet 'IIX' |
173.74 |
175.97 |
2.23
|
1.28% |
| Amex
Pharm. 'DRG' |
316.62 |
319.99 |
3.37
|
1.06% |
| Amex
Computer Tech. 'XCI' |
724.12 |
727.05 |
2.93
|
0.40% |
| M.S.
Cyclicals 'CYC' |
784.10 |
785.05 |
0.95
|
0.12% |
| M.S.
Consumer 'CMR' |
590.79 |
591.50 |
0.71
|
0.12% |
| Philly
Banking 'BKX' |
104.11 |
103.84 |
(0.27) |
-0.26% |
| Dow
Jones Ind. 'INDU' |
10,783.01 |
10,717.50 |
(65.51) |
-0.61% |
| S&P
100 'OEX' |
575.29 |
570.00 |
(5.29) |
-0.92% |
| S&P
Retailers 'RLX' |
461.99 |
456.46 |
(5.53) |
-1.20% |
| S&P
Chemical 'CEX' |
231.64 |
224.87 |
(6.77) |
-2.92% |
| S&P
Banking 'BIX' |
380.87 |
362.75 |
(18.12) |
-4.76% |
| Amex
Networking 'NWX' |
250.76 |
237.57 |
(13.19) |
-5.26% |
| CBOE
30-Yr. Treasury 'TYX' |
48.22 |
45.47 |
(2.75) |
-5.70% |
| Amex
Airline 'XAL' |
60.08 |
54.43 |
(5.65) |
-9.40% |
|
|
|
|
|
|
|
|
|
Sterling
Investment Services has published
a report on the Philadelphia Gold
& Silver Index and its components.
This report is available to the
subscribers and trial subscribers
of our daily newsletter the Prime
Stock Newsletter. The report
can be accessed by subscribers
& trial subscribers here,
and additional information concerning
this report is available from
our home
page. |
|
| Sterling
Calendars for the Week of January
2nd, 2006 |
| Date: |
Comments: |
| 1/04 |
Burlington
Coat Factory 'BCF' announces earnings.
Time N/A. Est. $1.02 |
| 1/04 |
Monsanto
Co. 'MON' announces earnings. Time
N/A. Est. $0.19 |
| 1/05
|
Accenture
'ACN' announces earnings after the
close. Est. $0.34 |
| 1/05 |
Immucor
'BLUD' announces earnings after the
close. Est. $0.19 |
The
full earnings calendar for this
week can be found (here) |
|
Prime
Update:
Sterling Investment Services
is an investment research and money management
firm publishing the Prime
Stock Newsletter. The Prime
Stock Newsletter is a daily comprehensive
newsletter that is useful for investors
and traders alike. Whether you are looking
for short term trading opportunities ranging
from day trading to a couple of weeks
or if you looking to acquire a long term
portfolio at smart entry points. Subscriptions
are $50/month. A Free
2 Week Trial is currently being offered.
Highlights
from Recent editions of the Prime
Stock Newsletter |
| Recommendation |
Date |
Entry
Point |
Recent
Close or Exit Price |
Profit* |
Note |
| Advanced
Micro 'AMD' |
Nov.
7th |
$24.63 |
$32.40 |
$7.77 |
Should continue
to move higher. |
| Alcoa
'AA' |
Nov.
2 |
$24.30 |
$29.90 |
$5.60 |
Should still move
higher. |
| Capital
One 'COF' |
Dec
19th |
$85.25 |
$88.56 |
$3.16 |
Held overnight and
sold the next day |
| * The
per share PROFIT is a theoretical
calculation based upon the opening
price the day the recommendation is
published and the intra day high (or
low for short sales) on the exit day.
The exit day is determined based upon
the application of our "Rules
for Trading", the implementation
of "stops" within our stated
policy, and may not reflect the complete
or full movement of the underlying
recommendation. |
|
Dow Jones Industrial
Average (INDU)
Current
Opinion:
Closed @ 10,847.41 Last Signal:
Called Higher with the close of 10,823.72
on December 13th.
Current Expectations: I think the
end of the year weakness is over for
the market. I am expecting the Dow Jones
Industrial Average to move higher and
test 10,940.55 on a closing basis.
|
The
S&P 500
Current
Opinion: Closed
@ 1,268.80 Last Signal: Called
higher with the close of 1,267.43 on December
13th. Current Expectation: I am
expecting the S&P 500 to continue
to move higher and test
1,312.54 on a closing basis.
|
The
NASDAQ 100 (NDX)
Current
Opinion:
Closed @ 1,679.93 Last Signal:
Called Higher with the close of 1,679.93
on January 3rd. Current Expectations:
This index was hit harder by the end of
the year selling, declining more than
the other major indices. I am now expecting
the NDX to continue to move higher and
test 1,709.10 and then 1.720.91 on a closing
basis. |
CBOE
Ten Year Treasury Index (TNX)
Current
Opinion: Closed
@ 4.370% Last Signal:
Called Lower after the close of trading
on December 16th with a close of 4.448%
Current Expectations:
This index should move lower and test
then 4.176% on a closing basis. |
Disclaimer:
The Sterling Investments series of newsletters is produced by Sterling
Investment Services, Inc. All information
used in the production has been obtained
from sources believed to be reliable and
accurate. Sterling Investment Services
does not warrant or assume any liability
for inaccuracy of the information used
to produce our publications. To receive
further information on these services
please visit our web page at: www.sterlinginvestments.com
If you would like to contact us our fax
# is (404)-816-8830 Email address is:
enelson@sterlinginvestments.com Sterling
Investment Services may hold positions
in the securities recommended or may be
providing consulting services to the companies
mentioned within this report. |
Last
Week's Edition of the Sterling Weekly
|
|
