(function() { (function(){function b(g){this.t={};this.tick=function(h,m,f){var n=void 0!=f?f:(new Date).getTime();this.t[h]=[n,m];if(void 0==f)try{window.console.timeStamp("CSI/"+h)}catch(q){}};this.getStartTickTime=function(){return this.t.start[0]};this.tick("start",null,g)}var a;if(window.performance)var e=(a=window.performance.timing)&&a.responseStart;var p=0=c&&(window.jstiming.srt=e-c)}if(a){var d=window.jstiming.load; 0=c&&(d.tick("_wtsrt",void 0,c),d.tick("wtsrt_","_wtsrt",e),d.tick("tbsd_","wtsrt_"))}try{a=null,window.chrome&&window.chrome.csi&&(a=Math.floor(window.chrome.csi().pageT),d&&0=b&&window.jstiming.load.tick("aft")};var k=!1;function l(){k||(k=!0,window.jstiming.load.tick("firstScrollTime"))}window.addEventListener?window.addEventListener("scroll",l,!1):window.attachEvent("onscroll",l); })();

Monday, April 30, 2007

Week Ahead: 30/4 - 4/5

Last week was the 4th consecutive week the S&P 500, DOW and Nasdaq closed up higher without a down week in between. Looking back one year, the last time this happened in S&P 500 and DOW was late Sep - Oct 06 while for Nasdaq, it was dated way back in mid Oct- Nov 05. Oh and did I mention that the last time this pattern occurred in DOW, it was aiming at the 12,000 mark. And now less than a year later, we have just surpassed the 13,000 level.

The week ahead has some heavy-weight figure speaking and also the important unemployment report. We shall see how they move the market...

Mon:
Personal Income & Personal Spending, Chicago PMI
Notable earnings: SWN, ZBRA, CTX, BEAV, RSH, VMC, TSN

Tue:
ISM Index, *Fed Chairman Speaks @ 11am EST
Notable earnings: ACS, ADM, CEPH, EXP, GYI, NVTL, UA, YUM, EOG, HOLX, JOE

Wed: *Treasury Secretary Paulson Speaks @ 11am EST
Notable earnings: RATE, GRMN, TEVA, BEC, LVS, S, CTSH, SUN, RIG, ICE

Thurs: ISM Service, Productivity
Notable earnings: CECO, BEBE, CELG, CHK, GM, MGM, OSK, EL, SBUX, NBR

Fri: Unemployment report

*According to Forex Factory Calendar


0 Comments:

Post a Comment

<< Home