05/05/06 Market Influence & History

DJIA week ending: 09/23 -270 breaking key support, 09/30 +148, 10/07 -281, 10/14 -6, 10/21 -77. (5 week loss -486).

10/28 recovery begins +186, 11/04 +128, 11/11 +154, 11/18 +79, 11/25 +165, (5 week gain +712).

12/02 -53, 12/09 -99, 12/16 +99, 12/23 +8, 12/30 -168, (5 week loss -213).

01/06 +242 on a broadbased new year buy in, 01/13 +0, 01/20 -292, 01/27 +240, 02/03 -113. (5 week gain +77).

02/10 +125, 02/17 +196, 02/24 -52. 03/03 +6. 03/10 +61, (5 week gain +336).

03/17 +159, 03/24 +0, 03/31 -171, 04/07 +11, 04/14 +18 (5 week gain +17).

04/21 +211, 04/28 +20 (2 week gain +231) Since 09/23/05 DJIA +589.

Looking ahead at potential market influences:

May 1: Personal Income & Spending, Construction Spending, ISM Manufacturing & Prices
May 2: Pending Home Sales
May 3: Factory Orders, ISM Services, EIA Inventory
May 4: Initial Claims, Q1 Productivity, BOE & ECB Announcement
May 5: Nonfarm Payroll est.200K, Unemployment, Consumer Credit

Just a taste of this weeks Q105 Earnings reports and there are a slew of smaller companies reporting: Mon: Tyson Foods, Sysco. Tues: Archer Daniels Midland. Wen: Proctor & Gamble, Starbucks, Time Warner. Thurs: Eastman Kodak, Unilever. Fri: Sanofi-Aventis.

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