To: Les H who wrote (450 ) 4/20/1999 4:11:00 PM From: James F. Hopkins Read Replies (1) | Respond to of 2103
HI Les: Here is the NEW NIFTY FIFTY You can get quite a few indexes at cboe.com The below are 50 out of the S&P 500 , with the TOP Market caps , just how they do as a group on the 10 20 50 200 MDA when compared to others like the SPX etc will show what direction you can expect the market to go ( not always ) as signals can get mixed. These are the most liquid and hence widely held stocks, while they often don't out run FAST growers in either direction, they do set the trend (or direction,) about every 3 months they need to be updated. It's when the S&P or broad market ( relatively speaking ) cuts across these you get the best signals, or when these go one way and the market looks to be going the other, are the strongest signals the more they oppose & the longer they do so the stronger the reversal will be. It can give a sort of over all weather forcast ( but like the weather some times the signs are not to obvious until the clouds actully appear ) A big but slow divergance in these from the rest of the market can signal some dramitic changes to come, at times it can take as much as a month or more to actully happen other times if these knee jerk like yesterday the market just knee jerks with them. On bottoms these will base and start getting better first, then the market comes around and the runners and even small caps can take over the lead but when these run out of gas and the market keeps going we start creating the situation that makes taking profits out of the smaller ones cause the market to do a bigger dip than normal. Another way I look at it is ( the liquid level gets thin ) market gets volatile and These 50 are the liquid, as they make up about 54% of the S&P and the other 450 account for only 46% Tue Apr 20 3:29pm ET - U.S. Markets close in 32 minutes. Symbol Last Trade Mkt Cap P/E Yield MSFT 3:14PM 82 13/16 355.7B 69.23 N/A GE 3:09PM 108 5/16 354.7B 36.37 1.34 INTC 3:14PM 56 7/16 187.6B 28.76 0.22 MRK 3:09PM 75 3/4 179.0B 34.01 1.48 WMT 3:09PM 47 3/16 104.9B 45.33 0.45 PFE 3:09PM 118 7/16 153.2B 44.67 0.75 XON 3:09PM 80 3/4 196.1B 31.51 1.99 IBM 3:09PM 166 1/4 153.1B 25.38 0.53 KO 3:09PM 64 3/4 159.7B 45.73 0.99 CSCO 3:14PM 100 3/8 160.3B 121.95 N/A WCOM 3:14PM 83 1/4 154.1B N/A N/A T 3:09PM 53 7/8 113.0B 22.76 1.63 AIG 3:09PM 123 7/8 153.4B 34.94 0.18 LU 3:09PM 54 1/2 144.1B 90.30 0.15 C 3:09PM 72 5/16 163.3B 29.06 1.02 BMY 3:08PM 58 7/8 116.9B 37.06 1.50 PG 3:09PM 95 1/2 126.8B 35.05 1.20 JNJ 3:09PM 95 1/2 128.5B 40.47 1.11 BAC 3:09PM 72 3/4 126.5B 24.74 2.51 LLY 3:09PM 74 7/16 81.975B 38.76 1.26 SBC 3:09PM 54 1/8 106.2B 25.82 1.84 DELL 3:14PM 37 7/16 95.260B 68.15 N/A MO 3:09PM 34 3/8 83.389B 15.06 5.31 RD 3:09PM 55 7/16 118.9B 437.02 2.83 BLS 3:08PM 41 11/16 80.977B 23.53 1.81 BEL 3:08PM 57 9/16 89.409B 30.95 2.65 HD 3:09PM 59 5/8 93.201B 55.31 0.20 SGP 3:09PM 49 11/16 73.156B 41.10 0.91 AOL 3:09PM 122 1/8 114.1B 526.70 N/A TWX 3:09PM 64 7/8 73.562B N/A 0.29 AHP 3:08PM 61 7/8 81.142B 32.30 1.51 FNM 3:09PM 70 1/2 72.323B 20.42 1.57 AIT 3:08PM 64 1/16 70.417B 19.12 2.04 DIS 3:09PM 32 13/16 67.456B 39.56 0.65 F 3:09PM 63 1/8 72.013B 12.67 2.83 ABT 3:09PM 50 5/16 76.327B 30.49 1.43 HWP 3:09PM 70 3/8 71.455B 25.22 0.90 CMB 3:09PM 81 68.381B 20.05 1.93 MOB 3:08PM 102 11/16 80.221B 49.76 2.18 ONE 3:09PM 58 5/8 69.020B 22.70 2.84 GTE 3:08PM 67 1/8 65.047B 25.68 2.85 WFC 3:08PM 42 1/16 69.534B 35.15 1.80 DD 3:09PM 68 7/8 77.618B 16.70 2.06 MCD 3:08PM 44 1/16 59.835B 39.09 0.45 PEP 3:08PM 37 3/8 55.161B 28.05 1.41 GM 3:09PM 87 13/16 57.392B 18.18 2.22 MWD 3:09PM 98 1/16 55.952B 15.53 1.00 EMC 3:09PM 102 1/16 51.455B 68.08 N/A CHV 3:08PM 95 9/16 62.434B 49.97 2.39 AXP 3:08PM 127 1/8 57.247B 27.24 0.71 NOTE I took these from the 2/26 index , then shoved them in Yahoo to get new market caps, the ones out of sequece market cap wise have made the bigges changes since 2/26 ie CHV up, PEP down etc.