Despite Market March Madness, Indices Remain In Trading Range

It’s Easter, the best tournament of any sport at any level is on and I’m not in the mood to dissect the market today.  I’ll keep it short with charts.  Happy Easter all.

 Despite all the news and the wild swings we’re still in a trading range and waiting for an explosive move in either direction.  I’m leaning toward an explosive move to the upside very soon and it won’t be led by commodities!

 

 

::: Model Portfolio :::

** This section will now appear as a separate report to be published every other Wednesday

Following a 27.6% return in 2006 and a 30.2% return in 2007, the Self Investors Model Portfolio maintains an annualized return of 24.5% since inception in 2004.  Would you like to receive buy and sell alerts within minutes (NEW! now get them via instant messaging in near real time) of each transaction in the portfolio?  You can receive these along with ALL of the tracking tools and reports with the very popular Gold membership.  Don’t delay, get started today and join me for many more highly profitable months here at SelfInvestors.com.

::: Best/Worst Performers :::

– Top 10 Performing Industries For the Week –

1. Mortgage Investment: 36.75%
2. Residential Construction: 8.25
%
3. Surety & Title Insurance: 8.20%
4. Home Furnishing Stores: 7.90%
5. Auto Dealerships: 7.30%
6. Catalog & Mail Order Houses: 7.25%
7. REIT – Healthcare Facilities:  7.25%
8. Sporting Goods Stores: 7.15%
9. Department Stores: 6.80%
10. Home Improvement Stores: 6.45%

– Top 10 Worst Performing Industries For the Week –

1. Gold: -16.00%
2. Silver: -13.50%
3. Copper: -11.85%
4. Industrial Metals & Minerals: -11.80
6. Independent Oil & Gas: -10.35%
7. Aluminum: -10.30%
8. Agricultural Chemicals: -10.10%
9. Oil & Gas Drilling & Exploration: -8.65%
10. Nonmetallic Mineral & Mining: -8.60%

– Top 5 Best Performing ETFs For the Week –
 
1. SPDR Homebuilders (XHB) 9.10%
2. HLDRS Regional Banks (URE) 8.55%
3. iShares Home Construction (ITB)  8.10%
4. Powershares Dynamic Banking (PJB) 7.40%
5. iShares Realty (ICF) 7.30%

– Worst 5 Performing ETF’s –

1. iShares Silver (SLV) -18.15%
2. 
Powershares Agriculture (DBA) -15.20%
3. Market Vectors Gold Miners (GDX) -14.75%
4. Central Fund of Canada (EWM)
 -14.35%
5. Asa Gold (ASA) -13.95%

:::  IPO’s Worth Watching for This Week :::

This section will now appear as a separate post on Mondays (if there are some interesting IPO’s coming to market).

While 2008 should be a much slower year for IPO’s considering the deterioration of the market, there will continue to be some good companies coming to market here and there.  I’ll be highlighting the best IPO’s every Monday.

::: Upcoming Economic Reports (3/24/08 – 3/28/08) :::

Monday:         Existing Home Sales
Tuesday:       Consumer Confidence
Wednesday:  Crude Inventories, Durable Orders, New Home Sales
Thursday:      GDP – Final, Initial Claims
Friday:            Personal Income/Spending, Core PCE Inflation

::: Earnings I’m Watching This Week :::

Tuesday:
Neogen (NEOG)

Wednesday:
China Sunergy (CSUN), Oracle (ORCL)

Thursday:
Accenture (ACN), Apollo Group (APOL), Lennar (LEN)

Friday:
KB Homes (KBH)

Leave a Reply

Your email address will not be published. Required fields are marked *