Thursday, May 21, 2009

The DECB Daily US Market Report

Dow =     8,292.13      129.91(-) ; δ (last) = 186 ; δ (current) = 195
last week's range [8269, 8469] ; δ = 200
last week's Δ range = [46, 156] ; π = -200.47
last week's δ range = [103 , 200]
Toyota  =    75.83   0.44(-) ; δ (last) = 2.01 ; δ (current) = 1.30
last week's range [--, --] ; δ = -- 
last week's Δ range = [--, --] ; π = --
last week's δ range = [-- , --]
Honda  =    27.67   0.33(-) ; δ (last) = 0.81 ; δ (current) = 0.49
last week's range [--, --] ; δ = -- 
last week's Δ range = [--, --] ; π = --
last week's δ range = [-- , --]
Tata Motors  =    9.55   0.64(+) ; δ (last) = 0.9 ; δ (current) = 0.6
last week's range [--, --] ; δ = -- 
last week's Δ range = [--, --] ; π = --
last week's δ range = [-- , --]
BRK/A - Berkshire Hathaway Inc = 90,000   2998(-) ; δ (last) = 1900 ; δ (current) = 1850
last week's range [88600, 90100] ; δ = 1500
last week's Δ range = [100, 5195] ; π = -6175
last week's δ range = [1700, 3680]

{Futures/Commodities}
{core}
Oil    =   $61.08   0.60(-) ;  δ (last) = 2.40 ; δ (current) = 1.95
last week's range [56.5, 59.3] ; δ = 2.8
last week's Δ range = [0.53, 2.15] ; π = -2.17
last week's δ range = [1.85, 2.60]
NYRBOBG    =   $1.8055   0.0005(-) ;  δ (last) = 0.0674 ; δ (current) = 0.0643
last week's range [1.67, 1.722] ; δ = 0.052
last week's Δ range = [0.002, 0.043] ; π = -0.023
last week's δ range = [0.003, 0.049]
NaturalG    =   $3.604   0.386(-) ;  δ (last) =  0.193 ; δ (current) = 0.424
last week's range [4.1, 4.6] ; δ = 0.5
last week's Δ range = [0.03, 0.33] ; π = -0.245
last week's δ range = [0.17, 0.37]
Corn    =   $424    2(-) ;  δ (last) = 11.60 ; δ (current) = 10.20
last week's range [417, 428] ; δ = 11
last week's Δ range = [0, 6] ; π = -7.4
last week's δ range = [4, 14]
Wheat    =   $593.40    4.20(-) ;  δ (last) = 12 ; δ (current) = 13
last week's range [577, 593] ; δ = 16
last week's Δ range = [0.4, 16] ; π = +32.6
last week's δ range = [12, 18]
Sugar    =   $21.92    0(*) ;  δ (last) = 0.22 ; δ (current) = 0
last week's range [21.34, 21.64] ; δ = 0.30
last week's Δ range = [0, 0.20] ; π = +0.29
last week's δ range = [0.01, 0.19]

{no-core, but often considered essential}
Soybeans    =   $1175    6(+) ;  δ (last) = 26  ; δ (current) = 20.6
last week's range [1116, 1147] ; δ = 31
last week's Δ range = [1, 19] ; π = +22
last week's δ range = [17, 26]
Coffee    =   $135.75  1.95(+) ;  δ (last) = 3.85 ; δ (current) = 4.20
last week's range [127, 128] ; δ = 1
last week's Δ range = [0.15, 1.15] ; π = -0.20
last week's δ range = [2.70, 4.50]
Cocao    =   $2388     24(+) ;  δ (last) = 85 ; δ (current) = 62
last week's range [2320, 2427] ; δ = 107
last week's Δ range = [2, 78] ; π = -167
last week's δ range = [46, 145]
Orange Juice = $89.50        1.10(-) ;  δ (last) = 3.05 ; δ (current) = 2.30
last week's range [92.5, 93.9] ; δ = 1.4
last week's Δ range = [0.05, 1.35] ; π = +0.40
last week's δ range = [2.25, 3.85]
Pork Bellies    =   $71.50  0.70(-) ;  δ (last) = 0 ; δ (current) = --
last week's range [73, 79] ; δ = 6
last week's Δ range = [0.55, 2.45] ; π = -7
last week's δ range = [0, 1.65]

{Other Indicators}
Dollar Index = 80.605  0.69(-)  ; δ (last) = 1.36 ; δ (current) = 1.06
last week's range [82.3, 83.1] ; δ = 0.8
last week's Δ range = [0.011, 0.70] ; π = +0.764
last week's δ range = [0.29, 0.79]
10-yr Treasury = 119.922    0.388(-)  ; δ (last) = 0.01 ; δ (current) = 0.01
last week's range [--, --] ; δ = -- 
last week's Δ range = [--, --] ; π = --
last week's δ range = [-- , --]
Baltic Dry Index = 2707  42(+)
last week's range [2215, 2544] ; δ = 329
last week's Δ range = [1, 112] ; π = +330

*Red means out of range, below the lower bound
*Bold means out of range, above the upper bound
*π = momentum
*δ = the difference between the high and the low
*Δ = change


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