Weekly Investment Markets Performance Summary: January-27-2017

Posted on Posted in Views From The Hill

Below is our weekly market summary and performance report for indexes representing the major asset classes. (See below)

 

  • For equities, this week’s top performers were the Dow Transports and the technology-weighted Nasdaq-100. However, all of the broad stock market indexes are exhibiting remarkable price resiliency as their Relative Strength (RS) rankings are all well above 90, which is excellent by any standards.
  • In the bond market, interest rates move up, most notably in in 10-Year Treasury rate, which adversely impacted the interest rate sensitive Dow Utilities index.
  • Within the currency markets, the Dollar remains in correction mode while other oversold currencies are beginning to reverse.
  • In commodities, industrial metals, e.g. Copper and Silver, are attracting buyers, while energy assets are consolidating.
  • The real estate market’s home construction index produced the biggest return of all, which I suspect is attributable to the DR Horton’s (DHI), one of the nation’s largest homebuilders, positive earnings call and outlook for the industry.

 

 

RS Close 5 Day % Index 20 MA 50 MA 200 MA
Equities
99 20,093.78 1.34% Dow 30 Industrials 1.00% 2.37% 8.60%
98 9,444.28 2.38% Dow 20 Transports 2.95% 3.41% 15.36%
52 657.70 -0.10% Dow 15 Utilities -0.05% 1.21% -1.56%
99 2,294.69 1.03% SP-500 1.02% 2.19% 6.42%
99 5,660.78 1.90% Nasdaq Composite 2.17% 3.86% 9.75%
100 5,168.06 2.07% Nasdaq-100 2.67% 4.75% 9.72%
95 1,370.75 1.40% Russell-2000 0.41% 1.16% 11.27%
Volatility
1 10.58 -8.32% VIX -10.26% -13.63% -24.80%
Bond Rates
89 2.48 0.81% 10-Yr Treasury Rate 2.48% 2.48% 33.33%
87 3.05 0.33% 30-Yr Treasury Rate 1.33% 0.33% 17.76%
Currencies
73 100.56 -0.25% US Dollar Index -0.77% -1.06% 3.30%
28 1.07 -0.02% Euro FX 0.79% 1.06% -2.96%
26 0.87 -0.44% Japanese Yen 0.09% -0.27% -7.05%
37 1.00 0.28% Swiss Franc 1.01% 1.45% -1.36%
25 1.25 1.41% British Pound 1.63% 1.01% -4.81%
56 0.76 1.31% Canadian Dollar 0.59% 1.28% -0.40%
66 0.75 -0.12% Australian Dollar 1.52% 2.04% 0.63%
Commodities
31 1,191.35 -1.37% Gold 0.24% 1.23% -5.81%
45 17.15 0.55% Silver 2.42% 3.38% -3.95%
97 2.68 2.41% Copper 3.12% 3.86% 18.29%
97 53.18 -0.11% Crude Oil 0.82% 3.93% 11.86%
79 3.29 2.49% Natural Gas -0.87% 0.03% 19.46%
80 1.53 -2.57% RBOB Gasoline -4.01% -0.58% 2.88%
91 74.35 1.79% Cotton 1.74% 2.99% 8.73%
69 20.33 0.74% Sugar -0.59% 3.09% 2.99%
40 269.30 -2.43% Lumber 0.20% 4.06% 0.71%
52 188.65 -5.56% Orange Juice -0.47% -2.04% 8.84%
0 2,399.00 -1.52% Cocoa -4.69% -7.91% -23.74%
62 168.60 0.86% Coffee 3.06% 2.54% 4.14%
Real Estate
58 304.85 -0.73% DJ US Real Estate -0.78% 1.06% -2.10%
86 588.67 7.68% DJ Us Home Construction 6.10% 7.57% 5.69%

 

 

 

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