Sunday, April 30, 2006

Weekly Review (4/24/06 -- 4/28/06)


For this week, the Dow Jones Industrial Average rose 0.17 percent, while the S&P 500 slid 0.05 percent and the Nasdaq lost 0.87 percent.

Mr. Bernanke’s testimony on Thursday made a dramatic change on the market. In the very beginning, the Dow was down more than 50 and then jumped over 100 from there. From my point of view, the sentences which were interpreted as a positive signal are very common. They are political right and can be apply to most situations. The market on Thursday just tells us how strong the “good wish” in the market is.

An “international news” damaged the market. The China central bank increased its interest rate. A potentially tighten Chinese economy plus the Microsoft’s earning news pulled the market back to its track.

There will be some economic data released next week. Because the market is too sensitive to the inflation related news, just as this Thursday, It is hard to guess the market movement.

Technically, the NASDAQ has had enough adjustment. I expect it will have a mild return in next week.

Before the Fed meeting, the market cannot have a large change.


During this week, I have seen some very good opportunities. I hope you have caught them already. If you did not, you should keep an eye on them.

1. ACH.
On Thursday, it once downed to $90.70.

On Tuesday, it went down under $19.00 for a while.

On Friday, its lowest was $37.13.

To be a successful investor, you should trust your judgment. For a good stock, every time it went down, you should take it as your chance.

Good luck!


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