MPI and commodity reports

A bumpy week, but the close was up. Novartis’ coming annual dividend of Sfrs 2.25 is now worth USD 2.47, compared to USD 2.46 last week. Gold has closed higher at $1663, compared to $1660 last week. Silver closed lower at $32.24, compared to $32.56. Crude oil closed lower at $106.75, compared to $107.15.

Do you see a pattern up there? We don’t either. The notion of skyrocketing anything, however, is still laughable to us.

Needless to say, home prices are continuing their downward slide, despite what you hear. They are just not going down as FAST as they were in previous years. Unemployment is still in the 8.8 percent area, as it has been since the beginning of the month. Again – despite what you are hearing.

But, ah! The stock market! Here’s the Model Portfolio Index, which lost about $80 this week, with a cumulative gain of $694.80 last week compared to this week’s cumulative gain of $616.20,  for your viewing and analytical pleasure:

Model Portfolio

Symbol Price Change
31.86 +0.12 +0.38%
33.53 +0.17 +0.52%
43.07 -0.08 -0.19%
81.80 -0.27 -0.33%
93.65 +0.69 +0.74%
Total (USD) $5,678.20 $12.70  0.22%
Cumulative                               $616.20  12.17%

Have a nice weekend!


About InvestingforOne

I've been investing in various assets by myself using a discount broker for many years. Over that time, I've developed some theories that others might find useful. Plus, there is more to investing than money. Time, talent, work, friends, family all go into developing a good and satisfactory strategy.
This entry was posted in Basics, Market Indexes and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s