This report was compiled by THE SMALL INVESTOR'S SOFTWARE CO. developers of PointsAHEAD! software a technical analysis and charting package $149 We're helping you stay PointsAHEAD! 516-789-9368 UPCOMING ANNOUNCEMENTS Market Last Date Time Release Guess Report Mar 1 9:00 Jan Personal Income +0.4% +1.0% Mar 1 9:00 Jan PCE +0.4% +0.5% Mar 1 9:00 Jan Construction Spending +0.5% 0.0% Mar 1 9:00 Feb NAPM N/A 58.0 Mar 2 7:30 Jan Leading Indicators -0/2% +1.9% Mar 2 9:00 Jan New Home Sales 642k 656k Mar 2 1:45 Wk 2/27 Johnson Redbook N/A +4.9% Mar 3 9:00 Jan Housing Completions N/A 1.184 ml Mar 4 9:00 Jan Factory Orders N/A +5.3% Mar 5 7:30 Feb Payroll Employment +102k +106k Mar 5 7:30 Feb Manufacturing Payrolls N/A +34k Mar 5 7:30 Feb Unemployment Rate N/A 7.1% Mar 5 7:30 Feb Avg Hourly Earnings N/A +0.5% Mar 5 7:30 Feb Factory Workweek N/A 41.4 Mar 5 1:00 Jan Consumer Credit N/A +2.5bl Last week's economic statistics Date Time Release Guess Last As Reported Feb 22 1:00 Jan Treasury Statement +27.7 -38.9 +29.8B Feb 23 9:00 Feb Consumer Confidence 76.3 76.7 68.5 Feb 23 1:45 Wk 2/20 Johnson Redbook N/A +6.3% +4.9% Feb 24 7:30 Jan Durable Goods -3.0% +9.6%R -1.7% Feb 26 7:30 GDP Q4 Preliminary 4.5% +3.8% +4.8% Feb 26 7:30 GDP Q4 Prelim Deflat 1.7% +1.7% +2.0% Government Statistics THE ECONOMY 1992 REPORT******* JAN FEB MAR APR MAY JUNE JULY UNEMPLOYMENT% 7.1 7.3 7.3 7.2 7.5 7.8 7.7 NON-FARM JOBS 000s -54.0 42 58 177 119 -63 171 PRODUCER INDEX CHG 0.0 0.2 0.2 0.2r 0.3R 0.2 0.0 C.P.I. CHANGE 0.1 0.3 0.5 0.2 0.1 0.3 0.1 LEADING INDEX CHG 1.1 0.7 0.3r 0.3 0.6 -0.3 0.1r NAPM INDEX 48.8 53.4 54.8 52.2 55.7 52.3 53.0 INDU. PROD. INDEX 106.6 107.2 107.6 108.1 108.9 108.5 109.4 CAPACITY USE % 78.0 78.3 78.4 78.7 79.1 78.6 79.1 TRADE DEFICIT $5.80 BLN $3.29 $5.58 $7.06 $7.14 $6.73 $7.28 HOUSING STARTS/YR. 1.180 MLN 1.257 1.340 1.086 1.196 1.147 1.110 RETAIL SALES $155.7 BLN $158.1 $157.9 $158.4 $159.1 $158.7 $160.8 DURABLE ORDERS $118.0r BLN $117.8 $120.2 $122.5 $119.8 $123.2 $119.9 SAVINGS RATE% * 4.4 4.9 5.3 5.5 5.3 5.0 4.8 r = revised figure = 3-month moving average ****************************** QUARTERLIES ********************* ************ ALL REVISED 2/26 1992 ANNUAL IV I 1993 II III IV REAL GDP (1987 $) $4.920 $4.838 $4.874 $4.892 $4.934 $4.991R GDP CURRENT $ $5.946 $5.753 $5.840 $5.902 $5.979 $6.082R % REAL GROWTH GDP 2.1 0.6 2.9 1.5 3.4 4.8R GDP PRICE INDEX 3.0 2.4 3.6 2.9 2.1 2.9r Final Revision of 4th Qtr. 1992 GDP on March 26 THE ECONOMY 1992-1993 REPORT************ AUG SEPT OCT NOV DEC JAN UNEMPLOYMENT% 7.6 7.5 7.4 7.3 7.3 7.1 NON-FARM JOBS 000s -109 12 74 75r 90 106 PRODUCER INDEX CHG 0.1 0.2r -0.1r -0.1r 0.1r 0.2 C.P.I. CHANGE 0.3 0.2 0.4 0.2 0.1 0.5 LEADING INDEX CHG -0.3 -0.1 0.5 0.7r 1.9 NAPM INDEX 52.2 48.7 50.7 54.7 55.4 58.0 INDUS. PROD.INDEX 109.1 108.9 109.7 110.3R 110.5 111.0 CAPACITY USE % 78.8 78.6 79.0 79.3R 79.3 79.5 TRADE DEFICIT $9.00 bln $8.58 $7.25r $7.35r $6.95 HOUSING STARTS/YR 1.233 mln 1.222 1.223 1.226r 1.285 1.192 RETAIL SALES $161.0 bln $162.2 $165.6 $165.4R $166.8 $167.4 DURABLES ORDERS $119.4 bln $119.8 $125.3 $123.3 $135.1R $132.8 SAVINGS RATE* 4.6 4.6 4.4 4.5 3/1 ********************************QUARTERLIES************************************ (in billions of $) 1992 1991 IV I 1993 II III IV CORP.PROFITS AFTER TAX $207.4 $229.7 $232.7 $222.2R PRODUCTIVITY CHG 12 MO 2.8% 1.4% 2.7% 2.5% 2.9%R 3.1% #EMPLOYMENT COST % CHG 4.4% 4.2% 3.7% 3.4% 3.5% GROSS FEDERAL DEBT FY1990 FY1991 FY1992 FY1993 CUMULATIVE ESTIMATES $3,206 $3,599 $4,002r $4,463 r = Revisions from last report. # = Private Industry, Previous 12 mos. * = 3-mo. Moving Avg. t - date tentative, subject to change RESULTS OF U.S. 3-MONTH AND 6-MONTH BILL AUCTION 3-Month Bill: Range of accepted competitive bids: Discount Invest. rate rate Price Low 2.93 2.99 99.259 High 2.97 3.04 99.249 Average 2.97 3.04 99.249 Tenders at the high discount rate allotted....... 97 % 6-Month Bill: Range of accepted competitive bids: Discount Invest. rate rate Price Low 3.03 3.12 98.468 High 3.05 3.14 98.458 Average 3.05 3.14 98.458 Tenders at the high discount rate allotted....... 40 % Millions of dollars: Received Accepted Competitive 36676 7556 Noncompetitive 931 931 Subtotal, public 37607 8488 Federal Reserve 2750 2750 Foreign official institutions 497 497 Totals........................ 40854 11734 MONEY MARKET MUTUAL FUND, CD AND LOAN REPORT MONEY MKT FUNDS * CHG IN ASSETS TOTAL Week Ended 02/24 RETAIL MONEY MARKET +$1.68 Billion $386.60 Billion INSTITUTIONAL +$7.99 Billion $213.58 Billion TOTAL MONEY MARKET $602.33 Billion BANK AND S&L ACCOUNT RATES # MONEY MARKET SIMPLE YIELDS ** INSTRUMENT 02/23 02/16 02/17-02/23 02/10-02/16 MONEY MARKET 7 DAY 2.69% 2.71% DEPOSIT ACCOUNTS 2.66% 2.67% 30 DAY 2.72% 2.74% SUPER NOW 1.96% 1.97% 6 MONTH CD 2.96% 2.97% AVG. MATURITY 61 DAYS 61 DAYS 1 YEAR CD 3.23% 3.26% 2 1/2 YEAR CD 3.95% 3.98% * Investment Company Institute 5 YEAR CD 5.20% 5.26% ** Money Fund Report LOAN RATES # # Bank Rate Monitor 1 YEAR ARM 4.69% 4.72% 15-YEAR FIXED U.S. MONEY SUPPLY (in billions) RATE MORTGAGE 6.93% 7.02% Wk. ended 02/15 02/08 change 30-YEAR FIXED M1 $1,031.1 $1,030.1 +$ 1.0 +5.5% RATE MORTGAGE 7.44% 7.56% M2 $3,478.4 $3,478.9r -$ 0.5 -2.7% 4-YEAR CAR LOAN 8.78% 8.80% M3 $4,145.6 $4,134.2r +$11.4 -3.6% r: revised; Percentages are annual rates Federal Reserve Interest Rate Report Feb Feb Feb Feb 2/16- 2/8- Jan Instruments 16 17 18 19 2/19 2/12 Federal funds (effective) 3.59 3.09 2.98 2.86 3.06 2.92 3.02 Commercial paper 1-month 3.18 3.18 3.14 3.12 3.16 3.14 3.21 3-month 3.20 3.20 3.16 3.15 3.18 3.18 3.25 6-month 3.28 3.28 3.23 3.24 3.26 3.27 3.35 Finance paper placed directly 1-month 3.21 3.22 3.19 3.16 3.20 3.18 3.25 3-month 3.29 3.29 3.26 3.25 3.27 3.28 3.32 6-month 3.23 3.23 3.21 3.19 3.22 3.22 3.29 Bankers acceptances (top rated) 3-month 3.07 3.06 3.03 3.05 3.05 3.06 3.14 6-month 3.17 3.15 3.11 3.11 3.14 3.17 3.23 CDs (secondary market) 1-month 3.09 3.09 3.06 3.06 3.08 3.08 3.14 3-month 3.12 3.12 3.10 3.10 3.11 3.12 3.19 6-month 3.23 3.23 3.19 3.19 3.21 3.24 3.33 Eurodollar deposits (London) 1-month 3.00 3.00 3.00 3.00 3.00 3.03 3.09 3-month 3.13 3.13 3.06 3.06 3.10 3.13 3.22 6-month 3.25 3.25 3.19 3.19 3.23 3.26 3.37 FEDERAL RESERVE INTEREST RATE REPORT Feb Feb Feb Feb 2/16- 2/8- Jan Instruments 16 17 18 19 2/19 2/12 Treasury bills Secondary market 3-month 2.93 2.91 2.89 2.93 2.92 2.93 3.00 6-month 3.09 3.05 3.00 3.02 3.04 3.10 3.14 1-year 3.30 3.25 3.17 3.17 3.22 3.32 3.35 Treasury constant maturities 1-year 3.44 3.39 3.30 3.30 3.36 3.45 3.50 2-year 4.14 4.06 3.95 3.99 4.04 4.21 4.39 3-year 4.64 4.54 4.43 4.44 4.51 4.71 4.93 5-year 5.52 5.43 5.29 5.30 5.39 5.56 5.83 7-year 5.98 5.90 5.75 5.76 5.85 6.00 6.26 10-year 6.34 6.28 6.17 6.15 6.24 6.38 6.60 30-year 7.14 7.11 7.02 7.01 7.07 7.18 7.34 Composite Over 10 years (long-term) 6.98 6.94 6.84 6.83 6.90 6.97 7.17 Corporate bonds Moody's seasoned AAA 7.73 7.71 7.69 7.64 7.69 7.75 7.91 BAA 8.44 8.41 8.32 8.31 8.37 8.49 8.67 A-utility 7.73 7.73 7.85 8.13 State & local bonds 5.85 5.85 5.97 6.16 Conventional mortgages 7.65 7.65 7.75 8.02 WEEKLY PETROLEUM REPORT REPORTED BY THE AMERICAN Week Week Weekly Last Yearly PETROLEUM INSTITUTE ended ended Change Year Change 02/18 02/11 U.S. Refinery Operation Percentage 86.9% 86.0% 80.1% Gasoline Inventories 240.4 236.7 + 1.6% 230.8 + 4.2% Gasoline Production# 7.1 7.2 - 1.4% 6.8 + 4.4% Gasoline Imports* 429.0 273.0 +57.1% 345.0 +24.3% Inventories of Distillate for Diesel and Home Heating 118.3 123.3 - 4.1% 113.2 + 4.5% Distillate Imports* 185.0 298.0 -37.9% 138.0 +34.1% Distillate Production# 2.8 2.8 unch. 2.7 + 3.7% Crude Oil Imports# 5.7 6.6 -13.6% 4.9 +16.3% Crude Oil Inventories 329.0 338.1 - 2.7% 334.2 - 1.6% Refined Products Imports# 2.1 2.0 + 5.0% 1.4 +50.0% * THOUSANDS OF BARRELS A DAY. # MILLIONS OF BARRELS A DAY. ALL OTHERS ARE IN MILLIONS OF BARRELS. ================================================== Look for these Regularly Scheduled Weekly Reports: ================================================== ------Monday----- Coffee roastings U.S. Crop progress (seasonal) U.S. export inspections U.S. T-bill auction results LME warehouse stocks -----Tuesday---- API petrolleum report CFTC deliverable stocks Hog/Corn, Steer/Corn ratios Cocoa sales U.S. crop, weather report COMEX market report Pork belly movement Treasury auction announcement ----Wednesday---- DOE petroleum stocks Random Lengths report U.S. actual livestock slaughter ----Thursday---- FCOJ movement NOPA soybean crush USDA cattle summary USDA export sales U.S. jobless claims ----Friday---- USDA feeder cattle report USDA livestock summary Random Lengths report USDA weekly carlot meat review ================================================== List of U.S. FUTURES Contracts Expiring this week: ================================================== ---------------------- LTD = Last Trading Day ---------------------- MON-March 01 LTD: None in USA TUE-March 02 LTD: None in USA WED-March 03 LTD: CME T-bills futures; MidAm T-bills futures; NYFE CRB index futures, options-on-futures. THURS-March 04 LTD: None in USA FRI-March 05 LTD: CME GSCI options-on-futures, cross rates options-on-futures; NYCE Apr. FCOJ options-on-futures. List of Exchanges ----------------- CBOT Chicago Board of Trade CBOE Chicago Board of Exchange CSCE Coffee, Sugar & Cocoa Exchange CME Chicago Mercantile Exchange COMEX Commodity Exchange,Inc FINEX Financial Instrument Exchange KCBT Kansas City Board of Trade MGE Minneapolis Grain Exchange MA MidAmerica Commodity Exchange NYCE New York Cotton Exchange NYMEX New York Mercantile Exchange For a list of traded commodities and their abbreviations please goto the SISCO Library to view the CONTRACT LISTING file named SYMBOL.LST. Type /GO SISCO at the prompt and select file library. Type /GO SISCO to browse our BBS and Library: Be sure to look at the Daily Market Summary (MKTNEWS.TXT) which contains: (MAIN MENU select: <2S> SISCO MARKET REPORT) 1. News of the Day 2. Reports released 3. Currency Roundup 4. Gold Roundup 5. Energy Roundup 6. OEX closing prices 7. Closing Futures prices 8. Futures Volume and Open Interest 9. Treasury Report and auction results, and yield curve 10. Closing DOW and other indicators 11. Hourly DOW 12. Earnings Reports 13. Most Actively Traded and Largest % Gainers 14. Weekly releases: Money supply, Employment data, and API report B. The previous week's EARNINGS REPORTs: EARNmmdd.TXT (mmdd= mm; month dd; day) The information selected and edited is through the courtesy of The Small Investor's Software Company. Keeping you PointsAHEAD! 516-789-9368 The Small Investor's Software Company developer's of: PointsAHEAD! - $149 technical analysis & charting software INFOLINK - $22.95 captures News and Quotes from DTN PrintCHART! - $40 prints price charts New Hardware for sale: 386 & 486 computer systems starting at $850 -$850: 386sx-25 Mhz including SVGA Color monitor and 40 Meg Hard Drive. (one year warranty) (MAIN MENU select: <2S> SISCO DAILY MARKET SUMMARY )