07/24/06 Market Influence & History

DJIA week beginning: 09/19 -222 breaking key support, 09/26 +149, 10/03 -276, 10/10 -5, 10/17 -72. (5 week loss -427).

10/24 recovery begins +188, 10/31 +128, 11/07 +155, 11/14 +80, 11/21 +165, (5 week gain +716).

11/28 -54, 12/05 -99, 12/12 +97, 12/19 +8, 12/27 -166, (5 week loss -214).

01/03 +242 on a broadbased new year buy in, 01/09 +1, 01/17 -292, 01/23 +240, 01/30 -114. (5 week gain +76).

02/06 +125, 02/13 +196, 02/21 -53, 02/27 -40, 03/06 +55, (5 week gain +283).

03/13 +203, 03/20 +0, 03/27 -171, 04/03 +11, 04/10 +18 (5 week gain +61).

04/17 +210, 04/24 +20, 05/01 +211 , 05/08 -197, 05/15 -237 breaking key support (5 week gain +6)

05/22 +135 a bounce, 05/29 -31, 06/05 -356, 06/12 +123, 06/19 -25 (5 week loss -155)

06/26 +161, 07/03 -60, 07/10 -351 07/17 +129 (4 week loss -121) since 09/19/05 DJIA +226.

Looking ahead at potential market influences:

DATE ITEM EST. PRIOR
Jul 24 3 & 6 mo bill auction
Jul 25 4 week & 20 yr TIPS auction
Jul 25 Consumer Confidence Jul 106.5 105.7
Jul 25 Existing Home Sales Jun 6.70M 6.67M
Jul 26 2 year note auction
Jul 26 EIA Inventories +151K
Jul 26 Fed Beige Book
Jul 27 5 year note auction
Jul 27 Durable Orders Jun 5.5% -0.2%
Jul 27 Initial Claims 07/22 315K 304K
Jul 27 New Home Sales Jun 1165K 1234K
Jul 28 Chain Deflator Adv. Q2 3.8% 3.1%
Jul 28 GDP Adv. Q2 3.0% 5.6%
Jul 28 Mich Sentiment Jul 83.0 83.0

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