USA MARKET
Economy
- Public debt (26 Apr 2012): $15,624.346bn, up $8.755bn from $15,615.591bn (19 Apr 2012).
Commodities
- Gold Futures (Jun): $1,665/oz up 1.3% during the week from 1,643/oz
- Oil Futures (WTI LSC Jun): $104.93/barrel up 1.8% during the week from $103.05/barrel.
Treasury yields
- 30-year: 3.12%, unchanged from 3.12%
- 10-year: 1.94%, down from 1.96%
- 5-year: 0.83%, down from 0.84%
US market indices
- S+P 500: 1,404 – up 1.8% from 1,379. Rises: 4, Falls: 1
- DJIA: 13,228 – up 1.5% (199 points) from 13,029. Rises: 4, Falls: 1
- NASDAQ: 3,069 – up 2.3% from 3,000. Rises: 3, Falls: 2
PORTFOLIO
Apple
- Friday close: $603.00, up 5.23% during the week
- Market value: $562bn, up 5.24%
- P/E (historical): 14.7, down from 16.32 (earnings adjusted)
- P/E (1 year fwd): 13.29
- Target (1 year): consensus $730, range $500 – $910. Consensus estimate increased from $700 to $730.
- Earnings report: 24 Apr 2012
Amazon
- Friday close: $226.85, up 19.41% ($36.87)
- Market value: $103.2bn, up 19.31% ($16.7bn)
- P/E (historical): 187.48, up from 138.67
- P/E (1 year fwd): 144.1, up from 139.49
- Target (1 year): consensus $222.5, range $180 – $250. Consensus estimate increased from $220 to $222.5.
- Earnings report: 26 Apr 2012
- Friday close: $614.98, up 3.17%
- Market value: $159bn
- P/E (historical): 18.66
- P/E (1 year fwd): 16.52
- Target (1 year): consensus $750, range $645 – $850.
- Earnings report: 12 Apr 2012
- Friday close: $109.72, up 4.49%.
- Market value: $4.67bn
- P/E (historical): 1,097
- P/E (1 year fwd): 439
- Target (1 year): consensus $100, range $75 – $134. Consensus estimate increased from $95 to $100, lower limit increased from $75 to $87.
- Earnings report: 3 May 2012
VMware
- Friday close: $112.41, up 1.05%.
- Market value: $14.1bn
- P/E (historical): 61.76
- P/E (1 year fwd): 56.88
- Target (1 year): consensus $122, range $90 – $135. The consensus estimate has been increased again from $120 to $122, lower limit increased from $90 to $95.
- Earnings report: 18 Apr 2012
USD/AUD
The rate for valuation of the portfolio was AUD 1.00 = USD 1.0420 (incl fx), up from 1.0383 on 20 Apr 2012.