On a week where GM emerged from bankruptcy protection, oil settled below $60 per barrel, and earnings season had its unofficial kick off with Alcoa, the US markets extended their losing streak to 4 straight weeks.
- Since the March 9th lows, the S&P is up 29.95%, the Dow is up 24.43%, and the NASDAQ is up 38.42%
- The NASDAQ Composite is up over 11% YTD and the NASDAQ 100 is up over 17% YTD, all of the other major averages are back in negative territory for the year.
- Procter & Gamble (PG) had the most positive impact on the Dow, up over 2% for the week
*YTD, American Express (AXP) is the top Dow performer by % gain, up over 25% YTD
*9 Dow components are positive YTD: AXP, IBM, MSFT, CSCO, INTC, KO, MMM, HPQ, JPM
- Exxon (XOM) had the most negative impact on the Dow & S&P, down almost 5% for the week
*YTD, General Electric (GE) is the worst Dow performer by % loss, down 33.5% YTD
*YTD, Marshall & Ilsley (MI) is the worst S&P performer by % gain down over 67% YTD
- Amgen (AMGN) had the most positive impact on the S&P & the NASDAQ 100, up over 12% for the week
*YTD, the top S&P performer by % gain is XL Capital (XL) up almost 199% YTD
*YTD, the top NASDAQ 100 performer by % gain is Sun Microsystems (JAVA), up over 140% YTD
- Microsoft (MSFT) had the most negative impact on the NASDAQ 100, down over 4% for the week
*YTD, the worst NASDAQ 100 performer by % loss is FLIR Systems (FLIR) down over 32% YTD
Sector Impact: Ten out of ten S&P sectors were negative for the week led by Telecom, down over 4%. Health Care was the least negative sector, down about 0.3% for the week.
- Telecom was hurt by Qwest (Q) down almost 9% for the week
- Health Care was helped by Amgen (AMGN) up over 12% for the week
- Three out of ten sectors are positive year-to-date, led by Tech, up almost 20% in 2009