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Sunday, January 12, 2014

WEEK 1-10-14

The Indonesian Politicians in a effort to boost their economy has shot it's self in the foot.The only winners in this is the Large Miners of NEM And FCX. The Losers are the Workers of all the small mining company's that can't financially afford to Build Smelting plants. If it gains support long term the Large Corporations will probably be the only ones to afford to operate.

http://finance.yahoo.com/news/indonesia-bans-mineral-ore-exports-042225023.html

Sifting through the Data this weekend there were changes in some of the Leading Sectors.

  • XLV was up 2.68% 
  • XLV was up 2.55% (Utilities ) 
  • XLF was up .64% 
  • XLI was up .50% 
  • XLK was up.28% 
  • XLP was up .07% 
the rest were negative but nothing remakable.

When drilling down in the sectors Tires was up 9.77% on the week with only 3 companies in the sector.
Goodyear (GT), Cooper, Titan. Consumer electronics were up 7.57% with Airlines up 8.42%.
Distillers were up 5.41%,Medical equipment 3.74%, Business Training & Employment Agency's 2.91%.
The mining complex switched to Gold Miners 3% as to the Platinum related miners from last week.

Utilities were the remarkable change with Gas Distributors at 2.65% and Electric Distributors at 2.45%.
The change in Percentage for the Electric Distributors is a notable change. Bulkowski's Blog has AEE
having an symmetrical triangle and D (Dominion) as having a Eve & Adam. (see favorite links for blog address).

Airlines continued for the 2nd week in the new year with Air Canada the Leader, 2nd) Great Lakes Aviation 3rd) Air France 4th) Hawaiian Airlines  ( Hawaii for x-mas?) 5th was JetBlue.

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