04/14/06 - 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 (4 week loss -1). Since 09/23/05 DJIA +430.

Looking ahead at potential market influences: April 12 EIA Inventories; Trade Balance; Treasury Budget, 10 year TIPS Auction; April 13 Import & Export Prices, Business Inventories, Initial Claims, Retail Sales, Michigan Sentiment, Money Supply (sans M3); April 14 Markets Closed, Good Friday, Industrial Production.

Q105 Earnings Season officially starts Monday: Alcoa; Tues: Levi Strauss, Genentech; Wen: Circuit City, Harley Davidson, AMD; Thurs: General Electric, Samsung Electronics, McClatchy, NY Times, Tribune; Fri: Knight Ridder.

But it really gets going the 17th and runs in earnest for 6 weeks through May 26th.

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