It’s another rough trading day in the stock market.  It is bad enough that the DJIA is down over 3% to decade lows and under 7,000… But even almost all of the defensive stocks are down today.  Many of these have been absolutely bashed in recent days and weeks as you will see compared to their 52-week highs.

Symbol   Last          Change              52WK-HI
PEP    $47.13    (-$1.01; -2.10%)   $75.25
KO      $39.96    (-$0.89; -2.18%)   $61.90
TAP    $35.84    (+$0.61; +1.73%) $59.51
KFT    $22.31    (-$0.47; -2.06%)   $34.97
CAG    $14.93    (-$0.15; -0.99%)   $24.87
CPB    $26.51    (-$0.26; -0.97%)   $40.85
HRL    $31.60    (-$0.23; -0.72%)   $42.77
MCD    $52.55    (+$0.30; +0.57%)  $67.00
MO      $15.31    (-$0.13; -$0.84%)  N/A “PM”
VGR    $11.74    (-$0.67; -5.38%)   $19.45
RAI    $33.57    (-$0.01; -0.03%)   $65.01
PG       $47.40    (-$0.77; -1.60%)   $73.57
CL       $58.47    (-$1.71; -2.84%)   $80.49
MRK   $23.93    (-$0.27; -1.12%)   $45.73
JNJ    $48.39    (-$1.61; -3.22%)   $72.76
NVO   $46.51    (-$1.91; -3.94%)   $73.73

Jon C. Ogg
March 2, 2009