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Not a bad day today. The 10-year bond nearly fell below 5%, and the Nasdaq broke its eight-session losing streak. Helping matters was Dell (DELL), which added 62 cents a share, or about 2.6%. AMD (AMD) was up over 11%, and Intel (INTC) fell 1.5%. On our Buy List, we had a good day from Fiserv (FISV), which was up 2.6%. Also, Sysco (SYY) announced a record sales week.

While most of the Buy List was up today, we were hurt by two big losers. Expeditors (EXPD) dropped 4%, and UnitedHealth (UNH) lost 1.9%. Next week, Donaldson (DCI) reports on Wednesday. The current estimate is for 41 cents a share.

Bloomberg reported that commodities had their worst week in 25 years.

This week, copper plunged 10 percent, the most since October 1994, and gold tumbled 7.6 percent, the biggest drop in more than 15 years. The CRB Index dropped 19.46 this week to 342.29. It reached a record 365.45 six sessions ago.

Copper futures for July delivery slid 24.2 cents, or 6.5 percent, to $3.469 a pound on the Comex division of the New York Mercantile Exchange. Prices still have gained 70 percent this year, reaching a record $4.04 on May 11.

Gold futures for June dropped $23.40, or 3.4 percent, to $657.50 an ounce on the Comex. Prices tumbled 7.6 percent this week was most since August 1990. The metal still has gained 27 percent this year. Silver futures for July fell 13 percent this week after climbing for nine straight weeks.

Posted by edelfenbein at May 19, 2006 4:26 PM