Share Market Asian Shares Falls

The Australian share market has ended the day higher after at one stage passing through the 5,000-point barrier. The All Ordinaries index climbed by 0.2 per cent to 4,976 points, while the ASX 200 was up by the same margin to 4,993. The stock market has climbed back to record levels in July following its brief slump in June, when the S&P 500 logged its first monthly decline since October on concern that the Fed would ease back on its economic stimulus too quickly. The share market was higher through the morning after comments from the US Federal Reserve chief lifted markets in the US and Europe overnight. The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. At the close, the benchmark S&P/ASX200 index was up 11.7 points, or 0.23 per cent, at 4,993.4. Asian shares fell on Thursday, as concerns over financing available to property developers weighed on Chinese markets, although overall sentiment was supported by Federal Reserve Chairman Ben Bernanke’s pledge to keep monetary policy. As Goldman Sachs watched its share price sink on Tuesday, it downgraded the auto industry, dragging down the entire stock market. They say that misery seeks company and on Tuesday, Goldman Sachs. “Together, these retailers now account for 11.5% of the grocery market, 3.2 percentage points more than they did this time four years ago. THE Australian share market has closed higher after US Federal Reserve chairman Ben Bernanke said any unwinding of the central bank’s stimulus program wasn’t a done deal. The Australian share market has opened higher following Federal Reserve chairman Ben Bernanke’s reassurances on the tapering of US stimulus measures. “SAS continues to dominate the advanced analytic s segment with 36.2 per cent market share,” research firm IDC said in the report titled ‘Worldwide business analytic s software 2013-2017 forecast and 2012 vendor shares.

Stock Option Tips

ACE BASE METALS TIPS : SELL 2 LOTS MCX ZINC CMP–112.3 SL–112.8 BFP–111.5

ACE INTRADAY BUY 1000 CIPLA CMP 405.15 SL 399.80 BFP 411

ACE TRADING SELL 250 MCDOWELL CMP 2641 SL 2671.60 BFP 2575 2-3 DAYS

ACE INTRADAY TIPS: SELL 125 QTY SBI JULY FUT CMP 1919 SL 1935.20 BFP 1899

ACE INTRADAY TIPS : CIPLA STOPLOSS TRIGGERED ON OUR LONG CALL

ACE BASE METALS TIPS : SELL 3 LOTS MCX COPPER CMP–409.8 SL–411.6 BFP–407

ACE BASE METALS TIPS : MCX COPPER CMP–409.1 TAKE FULL PROFITS ON OUR SHORT CALL GIVEN AT 409.8 LEVELS, CURRENT PROFIT OF RS 2100/-

ACE BULLION TIPS : BUY 1 LOT MCX GOLD CMP–26150 SL–26084 BFP–26250

ACE INTRADAY TIPS: BUY 1000 QTY LIC HSG FIN ABOVE 234.85 SL 231.80 BFP 240

ACE STOCK OPTION TIPS : BUY 4000 HDIL 40 CALL CMP–2.8 SL–1.7 BFP–5

ACE BASE METALS TIPS : SELL 2 LOTS MCX ZINC CMP–112.3 SL–112.8 BFP–111.5

ACE INTRADAY TIPS: SELL 125 QTY INFY JULY FUT BELOW 2764.9 SL 2790.40 BFP 2716

ACE INTRADAY TIPS: INFOSYS BOOK FULL PROFITS AT CMP 2750 ON OUR SHORT CALL GIVEN AT 2764 CURRENT PROFIT RS 1863

ACE BASE METALS TIPS : BUY 2 LOTS MCX ZINC CMP–112.9 SL–112.3 BFP–113.8

ACE INTRADAY TIPS: SELL 500 QTY HDFC BANK JULY FUT BELOW 688.40 SL 694.30 BFP 678

INFOSYS! HAS THE UP RALLY JUST STARTED OR IS IT JUST A SHOOT UP BEFORE A DRASTIC FALL?

INFOSYS! HAS THE UP RALLY JUST STARTED OR IS IT JUST A SHOOT UP BEFORE A DRASTIC FALL?

The Stock Market reacted positively to the Infosys First Quarterly Results.  Infosys posted at 3.7% year on year increase in its 1^st Quarter net profit after getting new contracts and foreign Exchange gains boosted earnings. The consolidated profit for the quarter ended June 30 rose to Rs 2374 crore from Rs 2289 crore in the same period a year ago.

Infosys’ top client contributed 3.9% of the company’s total revenues during the first quarter. In the previous quarter, its top client contributed 3.6% of the total revenues. Infosys said it had 836 active clients during the first quarter. Infosys and its subsidiaries added 66 clients during the quarter.

In US dollar terms, its consolidated net profit rose marginally by 0.5 per cent to $418 million in the April-June quarter this fiscal from $416 million in the same quarter of 2012-13.

The Infosys July Fut had already closed above its 200 day EMA on Thursday at 2534, maybe anticipating a better than expected results on the Friday. The Infosys July Fut jumped up with a gap on Friday to close at 2810.05 up by 10.87%.

However it has to be noted that after making an intraday high of 2914.35, it shed most of its gains. If at all Infosys is able to open up and sustain above 2819, then it may be possible for Infosys July Fut to touch 3005. If it crosses 2828 also it can touch 3015. But if Infosys falls below 2819, it may give a correction first. The correction can be severe and drag Infosys to 2627 on the down side.

Infosys July Fut made a high of 2914.35 and a low of 2469.80 this week and was up by 13.94% from the previous week.

Amongst its other IT peers Wipro July Fut looks good and has the ability to go till 391 from the current market price of 376.95.

Daily Market Update 17th June 2013

Commodity tips India ,stock market tips ,btst tips india,stock market trading tips

View original post

WTI Oil Trades Near 14-MoWTI Oil Trades Near 14-Month High on Outlook for U.S. Job Gainsnth High on Outlook for U.S. Job Gains

West Texas Intermediate (WTI) traded near highest price in 14 months and was poised for 2^nd weekly gain on speculation demand will increase in America, the biggest oil consumer of the world. In New York, futures were little unchanged after closing 3^rd July at $101.24 per barrel, the highest since 3^rd May 2012. American employers perhaps created almost as many jobs last month unlike in May. U.S. crude inventories fell by 10.3 million barrels last week, the most this year. Ken Hasegawa, Energy Trading Manager at Newedge Group, Tokyo said oil demand will gradually grow in the 2^nd half with some rebound in economies, particularly in America.

For August delivery, West Texas Intermediate was at $101.03 per barrel in electronic trading on NYME (New York Mercantile Exchange), down 21 cents. Volume of all futures traded was nearly 4 times the 100-day average. Prices have advanced 4.6% this week, set for first weekly close above $100 since last year. There was no floor trading in New York yesterday due to Independence Day holiday.

United States Jobs

For August settlement, Brent was at $105.44 per barrel on London-based ICE Futures Europe exchange, down 10 cents and headed for 2^nd weekly increase. European benchmark grade was at premium of $4.41 to West Texas Intermediate contracts. As per median of 90 estimates from economists surveyed by Bloomberg, American non-farm payrolls perhaps rose by 165,000 workers last month, after climbing 175,000 in May. Labor Department report will perhaps show unemployment rate retreated to7.5%, matching a 4-year low in April. United States accounted for 21% of international oil consumption in 2012 unlike 11% for China, the 2^nd biggest user.

Egypt Turmoil

West Texas Intermediate surged above $100 per barrel this week for the first time since September as political shutdown in Egypt heightened concern that unrest in most crowded Arab country will disrupt and spread regional oil supplies. Egypt’s Army forced Mohammed Mursi from power a year after his election and military appointed interim President, Adly Mansour was sworn in. White House and most leaders in Congress have so far avoided describing the transition as a coup that could cost Egypt over $1.5 billion a year in humanitarian and military aid under United States law.

Egypt controls Suez Mediterranean Pipeline and Suez Canal, through which a combined 2.24 million barrels of oil was shipped from Red Sea to North American and Europe in 2011. International Energy Agency in Paris said Middle East accounted for 35% of international output in first quarter of 2013. OPEC (Organization of Petroleum Exporting Countries) will be boosting crude shipments by 2.3% through late July as driving demand peaks during Northern Hemisphere summer. OPEC that pumps around 40% of world’s oil will ship 24.18 million barrels per day in 4 weeks ending 20^th July.

Technological Strength

West Texas Intermediate’s rally is stalling as prices might have risen too quickly for further gains to be sustainable. The 14-day relative strength index was at 68.2 on 3^rd July. Traders usually sell contracts when reading is above 70, which signals a market is overbought. Futures will perhaps decline next week. 21 of 36 traders and analysts, forecast crude will decrease through 12^th July. 33% or 12 respondents predicted a gain.

STOCK MARKET OVERVIEW FOR MONDAY 8TH JULY 2013

THE NIFTY INDEX (5867.90)

Summary: Nifty opened with a gap on Friday at 5889.95 and closed at 5867.90 up by 0.53%.Though it 
opened higher it shed its morning gains and closed below its open forming a red candle on the Daily
chart. In the entire day the Nifty moved in the range of 5858.45 and 5900.45. The Daily MACD indicator
is rising but still in the negative zone.

Observation and Analysis for Monday: As Nifty has kept the upward gap of Friday unfilled, it may come
to fill it. On the downside Nifty may touch 5848.20 where it may try to find stable support. So an
approximate 20 points down move from the current Nifty close cannot be denied. On the upside 5897
seems to be a very crucial resistance. In short, the nifty has a range to move from the crucial support of
5848.20 to 5897 on the upper side on Monday i.e. a range of approximate 50 points. It has to be noted
that the Nifty Index had tried to breach this level of 5897 thrice but could not even sustain once above
this level.

THE BANK NIFTY (11479.75)

Summary: The Bank Nifty closed at 11479.75 up by 0.55%.The Bank Nifty is still way below its 200 day
EMA. The 200 day EMA as of now is 11803.40. The Bank Nifty has retraced almost more than 80% from
its high of 13348.70. It also tried to move upwards after making a bottom of 11040 on 26th June 2013,
but could not cross the 200 day EMA.

Observation and Analysis for Monday: The overall view for the Bank Nifty is still not so good but if at all
The Bank Nifty opens up, it has to face selling pressure at 11594 and 11602 range. If the Bank Nifty
opens below on Monday which looks more likely, it can test the level of 11405 and then 11319.

STOCK FUTURES

Ranbaxy July Fut (344)

Summary: Ranbaxy Closed up by 2.14% at 344.Though the stock closed up with a higher top and
bottom, it is not being supported by volumes.

Observation and Analysis for Monday: Ranbaxy looks good only above 343. On the lower side 341 is a
crucial level, as if Ranbaxy slips below this level a short call can be initiated. Also, if the level of 341 is not

1

breached on the downside and Ranbaxy starts moving up from
8th July13
341 a buy call can be initiated at this
lower level. On the up side 356 is the target.

Canara Bank July Fut (352.50)

Summary: Canara Bank closed at 352.50 up by 1.03%.

Observation and Analysis for Monday: The level of 353 looks critical. Selling pressure can be seen at this
level. Canara bank if faces selling pressure at 353 and a short call is initiated at this level it can come
down till 349. Canara bank moving above 354 is a rare possibility and 355 would be the upper target.

TCS July Fut (1523.20)

Summary: TCS closed at 1523.20 down by 0.40%.

Observation and Analysis for Monday: TCS after taking support from its 200 day EMA few days back
moved upside till Friday to make a high of 1549. It was just short of touching its crucial high of
1551.90.That indicates TCS can be a Bearish call for Monday. TCS can come down till 1513 and then
1503 on the downside.

HDFC Bank July Fut (669)

Summary: HDFC Bank July Fut closed at 669 up by 1.73%.

Observation and Analysis for Monday: HDFC on the Intraday chart after making a high of 674.25, closed
at 669. On the Intraday Chart this level is just near the 23% Fibonacci retracement level. A fall below 669
can be one of the reasons to go short on HDFC Bank. HDFC Bank is otherwise good above 670, but one
should be very careful about the 669 level. If the 669 level is broken on the downside it can touch 659.

Stock Market Tips

One doesn’t have to be rich to invest in a share market. Apply caution, patience and learn the basics for accumulating wealth. Use good sense and study market behavior. The first and most important stock market tips is to be wise. Making market is not for those who want to get rich fast. There is plenty of temptation to invest without doing a little homework. It’s possible to make money trading shares, even during bear market; nonetheless it takes good research, basic understanding of group dynamics of share markets and human nature and discipline. One thing to keep in mind about trading stocks is that you don’t have to be right all of the time. Here are some investing ideas for prospective investors.

Volatility is Your Friend

Stock market or Volatile stock is one whose price moves drastically up or down on regular basis. Being volatile doesn’t indicate a stock is moving up or down; however just that it is moving relatively large amounts up or down frequently. And since big moves up or down is what a nimble trader makes money on, volatility is indeed your friend.

Trading Oversold or Overbought Stocks

Trading stocks isn’t rocket science. It’s about taking benefit of stock movement patterns. And while often, it isn’t obvious why stock will move up or down; at times it is largely predictable and quite obvious that a share is about to move in particular direction. Trading oversold or overbought stocks is one such condition. The key is to identify the oversold or overbought stock market and precisely predicting when it will start correct to fair value.

Preventing Big Losses and Protecting your Gains

Consider preventing big losses and protecting your gains by placing trailing stop order 10-50 percent below or above buying price of your positions.

Study, Practice and Learn to Increase Income

Practice by developing watch lists. Internet provides a number of websites where novice investors can enter favorite stocks in a portfolio and watch what happens over a period of time – 6 months is a good period of time, however the longer the better.

Read and listen what experts say, but don’t bet with any single one. Look for consensus. Experts make lots of bad investments. When traders are wealthy, they can take risk more readily as compared to average traders.

Know the fundamentals of stock being considered. Read about a firm and study its history as an investment. Use Internet for the most recent research. Learn the most fundamental terms which investors use for evaluating stocks including EPS, PE, beta and more.

Keep up with the portfolio. Set aside some time regularly to read about factors which might affect the market in portfolio and general stocks specifically.

Traders pay commissions to purchase and sell a stock. In general, online firms will provide stocks at lower commissions unlike stock brokers. Commissions which are fixed regardless of the size of purchase are preferable. Still, don’t purchase such small amount of stock that the commission is large percentage of investment.

Most people want to get into stock market. There is money to be made; nonetheless it takes a little awareness and knowledge of market behavior and risks. Traders should know about terminology and particularly about shares they plan to purchase. Don’t speculate and develop a strategy which works.

Sensex Rangebound; Top 16 Stocks In Action

Standard & Poor’s 500 BSE Sensex managed to bounce back from lows today, even as other markets of Asia reel under pressure after factory activity of China shrank for the 2^nd straight month last month and reached its lowest in 9 months. At 10:00 AM, 30-share index was up 0.28% or 54 points at 19,449.10, touching a low of 19,347.57 and a high of 19,496.09 in trade today. The Nifty was at 5857.00, up 15 points or 0.27 per cent. It touched a high of 5,870.35 and a low of 5,822.20 in trade today.

Somil Mehta, Senior Tech Analyst, Sharekhan said that Nifty is likely to head higher till 5900. In this period the resistance will be at 5900 and key support will be at around 5836. Nifty has bounced sharply completing a 5-wave decline and is now likely to continue to rise till 5916. Mr. Somil is of the view that short-term bias for Nifty has changed to positive for target of 5916 with reversal around 5630. While, the medium term outlook remains negative with reversal above overlap level of 5936 i.e. wave 1.

Check out the list of 15 stocks that are in focus in morning trade:

IOC, HPCLBSE 0.14% and BPCLBSE -0.21% will be in focus, after state-owned oil companies increased petrol prices by Rs 1.82 per litre, excluding VAT or local sales tax.

At 10:00 a.m.; IOCBSE -0.60% was down 0.7%, followed by HPCL which was trading 0.3% lower.

Automakers will remain in focus as they start revealing monthly sales volume data for June 2013 from 01, July 2013.

At 10:00 a.m.; Maruti Suzuki BSE -0.65% was trading 0.3% higher at Rs. 1542.96.

Cement companies will remain in focus as they start revealing monthly sales volume data for June 2013 from 01, July 2013.

At 10:00 a.m.; ACC Ltd was trading 1.5% higher at Rs. 1241.65.

Reliance Infrastructure Limited, after Reliance Infrastructure-led consortium temporarily shut down operations of Delhi Airport Metro Express citing safety concerns; it has decided to walk out of the project from 30^th June. Delhi Metro will operate the 22.7km line from today in public interest.

At 10:00 a.m.; the stock was trading 1.3% higher at Rs. 353.50.

Tata Power BSE 2.15% Limited will be in focus as it’s one of 3 power distribution companies in Mumbai, the other 2 being Reliance Infra and BEST.

At 10:00 a.m.; the stock was trading 2.2% higher at Rs. 88.

Jet Airways and SpiceJet will be in focus after ATF (Jet fuel) prices were hiked by steep 5.8%, the 2^nd consecutive increase since last month, as rupee depreciation made imports costlier.

At 10:00 a.m.; Jet Airways was up 1.8% to Rs. 457.85 and SpiceJet was trading 3.8% higher at Rs. 28.

United Spirits Limited, after Morgan Stanley Asia, bought 10.80 lakh shares of Vijay Mallya led United Spirits Limited for estimated Rs 229 crore.

At 10:00 a.m.; the stock was trading 4.8% higher at Rs 2276.80.

Jindal Steel and Power Limited, after the company plans to commission two MTPA (million tonnes per annum) capacity plant in October in Oman, which the company claims would be the biggest steel plant in Gulf region.

At 10:00 a.m.; the stock was trading 1.7% higher at Rs. 221.

TCS Limited, after the biggest software exporter of India is planning to sack 172 employees at its Finland offices by August as a part of process to streamline its operations.

At 10:00 a.m.; the stock was trading 1.08% lower at Rs 1501.

After Noida-based Company, HCL Technologies Limited is expected to lay off around 250 of its employees in Finland. According to the reports, HCL Tech had entered into international, long term IT infrastructure management outsourcing services agreement with TCS together with Nokia this year.

At 10:00 a.m.; the stock was trading 0.6% lower at Rs. 771.

GMR Infrastructure Ltd, after infrastructure major GMR Group is amongst 11 bidders originally shortlisted to build 200 MW gas-fired power plant in Malta, Africa.

At 10:00 a.m.; the stock was trading 2% higher at Rs. 17.95.

ONGC (Oil and Natural Gas Corporation) has initiated talks with RIL (Reliance Industries) seeking a deal to share infrastructure at KG (Krishna-Godavari) basin.

At 10:00 a.m.; the stock was trading 1% higher at Rs. 334.35.

Understanding Stock Market Sectors

Have you considered trading in share market sectors? Here are some thoughts on phenomenon known as sector rotation. While plenty of long term investors might dabble in some level of sector investing for purposes of diversification, probably by using sector specific exchange traded funds, individual stocks or mutual funds. These are traders who want to take the benefit and exploit changes in market sectors over time, with the aim of possibly beating the market.

What are Agriculture Stocks

Agriculture stock sector is made of diverse group of individual shares. These shares are mainly involved in chemical products, genetically modified seeds, seeds, fertilizers, food products and feed products. This sector has been one of the growing and leading sectors in the share market for the last two decades. Below is the list of most frequently traded and active agriculture shares in the world:

Monsanto Co. (NYSE:MON)

Potash Corp. of Saskatchewan, Inc. (NYSE:POT)

Mosaic Company (NYSE:MOS)

Agrium Inc. (NYSE:AGU)

Intrepid Potash, Inc. (NYSE:IPI)

CF Industries Holdings Inc. (NYSE:CF)

Archer Daniels Midland Company (NYSE:ADM)

Market Vectors Agribusiness ETF (NYSE:MOO

Syngenta AG (NYSE:SYT)

There are some important characteristics to know when trading many of leading agriculture stocks, as these stocks often have tendency to trade much like commodity stocks. Thus, agriculture stocks are basically affected by strength of American dollar. In the last decade, United States Dollar Index has declined by 40% and trend in agriculture stocks has been higher since that time.

What are Insurance Stocks

Most insurance stocks have been some of the largest winning stocks on Wall Street throughout history. In general, these shares will collect premiums for years and have to only payout claims in rare instances. Most of the times, insurance companies face potential loss and will come at the hands of natural disaster. In the year 2004, many of leading insurance firms faced most significant hardship and decline in share prices after tsunami and massive earthquake, took place in Indian Ocean. In 2011, Japan experienced tsunami and massive earthquake, this occurrence once again caused short term decline in most of major insurance firms. In 2008, American International Group Inc. was bailed out by American government after the company failed to make good on its insurance obligations.

Insurance firms have plenty of different business categories. The most is casualty and real estate segment, which ranges from umbrella coverages, workers compensation, liability, automobile, marine, property and livestock. Other categories include several health insurance options including disability coverage and life insurance for groups and individuals and more.

AFLAC Inc. (NYSE:AFL)

American International Group (NYSE:AIG)

The Allstate Corporation (NYSE:ALL)

Progressive Corp. (NYSE:PGR)

AXA (ADR) (AXAHY.PK)

Hartford Financial Services Group Inc. (HIG)

ING Group N.V. (ADR) (NYSE:ING)

MetLife, Inc. (NYSE:MET)

Prudential Financial Inc. (NYSE:PRU)

China Life Insurance Company Ltd. (ADR) (NYSE:LFC)

Sun Life Financial Inc. (NYSE:SLF)

What are Energy Stocks

Energy stocks include wide variety of firms. Old staples such as Chevron Corporation and Exxon Mobil Corporation are most commonly discussed. These are two most significant components and oil stocks of Dow Jones Industrial Average. Energy stocks basically refers to organizations, which produce energy; these might include solar, natural gas, electric, coal or other kinds of non renewable or renewable energy.

Energy Stocks Include:

ConocoPhillips (NYSE:COP)-Oil

BP plc (ADR) (NYSE:BP) – Oil

Devon Energy Corporation (NYSE:DVN) – Natural Gas

Chesapeake Energy Corporation (NYSE:CHK) – Natural Gas

Alpha Natural Resources, Inc. (NYSE:ANR) – Coal

James River Coal Company (NASDAQ:JRCC) – Coal

First Solar, Inc. (NASDAQ:FSLR) – Solar

What are Bank Stocks

Bank stocks fall into financial sector. Financial firms fall into different segments such as loan players or savings, which help the institutional trading, mortgage lenders, individual, credit card issuers, money management holding firms and more. Bank accept deposits while accumulating those funds for providing credit and they directly or indirectly lend or increase money flow through investment. Well known players in the market include:

Bank of America Corp (NYSE:BAC)

JPMorgan Chase & Co. (NYSE:JPM)

Goldman Sachs Group, Inc. (NYSE:GS)

Citigroup Inc. (NYSE:C).

Historically, bank stocks were low risk investments, which paid high dividend. Plenty of older individuals would hold these stocks in their retirement accounts as they were called being safe investments.

Overall, it would be fair enough to say that stocks classification into sectors greatly enhances the investor’s unambiguousness of immeasurable stock data. This in turn increases his ability to make better investment or trading decisions.

WTI Crude Drops as U.S. Stockpiles Remain Near 3-Decade High

West Texas Intermediate declined for the first time in three days after an industry report showed U.S. crude stockpiles remained near the highest level in more than 30 years.

WTI (West Texas Intermediate) declined for first time in 3 days after an industry report showed American crude stockpiles remained near highest level in over 3 decades. Futures lost as much as 0.8% in New York, erasing 0.2% gain on Tuesday. American Petroleum Institute said that American inventories slid by 28,000 barrels past week to 392 million. As per Bloomberg news survey, a govt. report today might show decrease of 1.75 million barrels. In May, stockpiles swung between drop of as much as 6.3 million.

Mr. Michael McCarthy, Chief Market Strategist at CMC Markets said that high volatility in weekly numbers over last couple of weeks is a bit of concern with major draws and then replenishment. For August delivery, West Texas Intermediate fell as much as 79 cents to $94.53 a barrel in electronic trading on NYME (New York Mercantile Exchange). Volume of all traded futures was 16% below 100-day average. For August settlement, Brent dropped as much as 0.5% or 53 cents to $100.73 a barrel on London based ICE Futures Europe Exchange.

Fuel Supplies

Gasoline stockpiles increased by 1.3 million barrels past week and supplies are projected to increase by 875,000 barrels. Distillate inventories such as diesel and heating oil climbed by 527,000 barrels, unlike forecast 650,000 barrel gain in the survey. Crude stockpiles at Oklahoma, delivery report for West Texas Intermediate contracts in New York and the largest U.S. oil-storage hub, were up 706,000 barrels at 49.2 million, as per API. In Washington, API collects supply information on voluntary basis from operators of pipelines, bulk terminals and refineries. Government needs that reports be filed with the statistical arm of Energy Department, Energy Information Administration for its weekly survey.