Week Ahead Outlook: 3/27/2006 - 3/31/2006

[eliteG]

Economic Calendar for the week:
3/27 - 3/31

Time (ET)/Statistic/For/ActualBriefing Forecast/Market Expects/Prior   

Monday Mar 27
nothing

Tuesday Mar 28
10:00 AM/Consumer Confidence/Mar/101.0/102.0/101.7
2:15 PM   FOMC policy statement

Wednesday Mar 29   
10:30 AM/Crude Inventories/03/24

Thurday Mar 30   
8:30 AM   Chain Deflator-Final/Q4/3.3%/3.3%/3.3%
8:30 AM   GDP-Final/Q4/1.6%/1.7%/1.6%
8:30 AM   Initial Claims/03/25/305K/300K/302K
10:00 AM Help-Wanted Index/Feb/38/38/37

Friday Mar 31   
8:30 AM   Personal Income/Feb/0.5%/0.4%/0.7%
8:30 AM   Personal Spending/Feb/0.1%/0.0%/0.9%
9:50 AM   Mich Sentiment-Rev/Mar/86.7/87.0/86.7
10:00 AM Chicago PMI/Mar/58.0/57.0/54.9
10:00 AM Factory Orders/Feb/1.3%/1.0%/-4.5%

[eliteG]

Companies scheduled to report Earnings this week:
*note: companies can change their earnings date so check often!

Monday Mar 27
Before Market Open
SID   
HAST   
HSKA      
RTLX      
MBT
After Market Close
AIC
CDSS
FICC
LUB
MHGC
SQNM      

Tuesday Mar 28
Before Market Open
FUL
LEN
PFIN
TIF
XNR
After Market Close
INOC
LNDC
PAYX
RHAT
SLXA
SPRX
TIBX


Wednesday Mar 29
Before Market Open
LANV
SCS
UTIW
ZICA
GRNC
HNP
NTZ
After Market Close
AVCA
ALOY
RECN
RBN
RI

Thurday Mar 30
Before Market Open
ATYT
BBY
KMX
CMRG
CVU
GLBC
ISV
IS
ORCH
PFSW
PRB
SRR
TXI
After Market Close
ACN
BDAY
COGN
DWRI
MERX
PRLS
RSTO
SABA
UNF
VNX
WSTM

Friday Mar 31
Before Market Open
ACOR
GPN
RGN
SAX

[eliteG]

Nasdaq Charts:

The first chart shows that we have been trading in a range(oscillating up and down) since the beginning of the year.  The range extends from 2333-2233.  The market is above its 50sma and 200sma but the amount of stocks in the market above their 50sma is declining.



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With the second chart I tried to account for all of the support resistance areas we could possible see this week.  I pointed out the distribution day which occur's when volume is greater than the day before, greater than avg and the close is below the close of the previous day.  You may notice another distribution day 3 days before the distribution day as well  .  Also notice the 3 days of lowering volume as we rise slightly higher after the distribution day.. the bulls are not out in force.

[eliteG]

Some market charts: DJIA, SPX, NDX, RUT

* These charts are all above their 200sma and everyone except the NDX is above their 50sma.. so it is difficult to truly be bearish.. but one has to be ready 

[eliteG]

Oil, Natural Gas, Gold and USD. 

[eliteG]

Airlines, Banks, Bio-techs, Internet.

*Bio-tech appears weak
*Bankers have led the market - watch them for signs of continuation or break-down

[eliteG]

Network, Oil Services, Drugs, Retailers.

[eliteG]

Brokers, Semis, Telecom, Utilities.

[eliteG]

This thread is now open.  Feel free to post any market/sector analysis,questions, and comments.

[setravis]

Just wanted to say, "Great work" G !
You are one busy Wizard....
Have a great week my friend.....make some $$$$$$$

Hawkeye....

[eagerlearner]

Holy      !
Excellent info and charts here!  Wizard is makiing 3SOF the 1 stop for everything financial site!
Let me go thru the info and charts one by one now, especially the oil , gas, gold ... hehe .. thx G 
Let have another great week!

[echo]

I echo what the others say.Greta work G . Keep it up. we really appreciate all the info you give here (well, at least I do)

[eliteG]

Just wanted to say, "Great work" G !
You are one busy Wizard....
Have a great week my friend.....make some $$$$$$$

Hawkeye....

Thx Hawkeye, it was a lot of hard work   

You to my friend.. bring in the green $$$ 

Holy !
Excellent info and charts here! Wizard is makiing 3SOF the 1 stop for everything financial site!
Let me go thru the info and charts one by one now, especially the oil , gas, gold ... hehe .. thx G
Let have another great week!

Thx Eags  you are right on.. this should be the one stop financial site!  Enjoy    Hope it helps.

I echo what the others say.Greta work G . Keep it up. we really appreciate all the info you give here (well, at least I do)

thx ultra 

[njshiva]

WOW!! This is a awesome!!
Greatly appreciate all your work and for the kinda manhours you put for 3SOS.

[doyerdiligence]

thanks for the hard work in the charts