ByWILL SWARTS
A raucous trading week saw a 500-point rally, new details from the Treasury on plans to rescue the financial-services sector and some economic and corporate data that were mixed but seemed to indicate some positives if investors looked hard enough. The week ended with a bit of profit taking as the first quarter draws to a close Tuesday. Nevertheless, the Dow Jones Industrial Average is poised to gain 10% in March, barring a major selloff on Monday or Tuesday. For a complete rundown on Friday s trading session see our market story.
Winners
Data that showed an increase in new and existing home sales and a lower-than-expected loss from KB Home (KBH)
Losers
Plunging natural gas prices, capped by an 8.1% drop Friday, left shares of the United States Natural Gas fund (UNG)
This Week s Industry News
Launching Pad
Claymore Securities filed with the Securities and Exchange Commission for permission to create a new exchange-traded fund tracking the Standard & Poor's Commodity Trends Indicator. The momentum-based index tracks 16 commodities futures contracts divided into six sectors: energy, industrial metals, precious metals, livestock, grains and softs.
IndexIQ began trading its Hedge Multi-Strategy Tracker ETF, based on its own hedge fund index. The fund covers a range of hedge fund investing strategies, including long/short equity, global macro, market neutral, event-driven, fixed income arbitrage, and emerging markets. It charges an expense ratio of 0.75%.
Direxion Funds, a leading provider of leveraged exchange-traded funds, filed a request with the Securities and Exchange Commission to launch another 40 funds.
Next Week s Notebook
Earnings and Conference Calls
Monday
Chunghwa Telecom, Full House Resorts, Pharmathene, Univision Communications
Tuesday
Aluminum Corp. of China, Apollo Group, Borders Group, Document Security Systems, H.B. Fuller, Lennar, Sealy
Wednesday
Symbion, Worthington Industries
Thursday
Acuity Brands, Carmax, Cascade Corp., Micron Technology, Monsanto, Research In Motion, Rite-Aid
Friday
AZZ Inc.
Economic Data
Monday
10:30 a.m. Feb. Dallas Fed Manufacturing Production Index
Tuesday
7:45 a.m. ICSC Chain Store Sales
8:55 a.m. Redbook Retail Sales Index
9:00 a.m. Jan. S&P/Case-Shiller Home Price Index
9:45 p.m. March Chicago PMI
10:00 a.m. March Conference Board Consumer Confidence
4:30 p.m. API Oil Industry Report
5:00 p.m. ABC/Washington Post Consumer Confidence
Wednesday
7:00 a.m. MBA Mortgage Applications
8:15 a.m. March ADP Employment Survey
10:00 a.m. March ISM Manufacturing Index
10:00 a.m. Feb. Construction Spending
10:00 a.m. Feb. Pending Home Sales
10:30 a.m. U.S. Energy Dept. Oil Inventories
Thursday
8:30 a.m. Initial Jobless Claims
10:00 a.m. Feb. Factory Orders
10:00 a.m. DJ-BTMU Business Barometer
Friday
8:30 a.m. March Non-Farm Payrolls
8:30 a.m. March Unemployment Rate
10:00 a.m. March ISM Non-Manufacturing Index
| Symbol | Net Assets | Price | 52 Week High | 52 Week Low | Volume |
|---|---|---|---|---|---|
| SPY | 62,704 | 81.61 | 142.85 | 68.13 | 316,040,215 |
| EFA | 23,224 | 38.09 | 78.53 | 32.16 | 34,301,296 |
| EEM | 17,026 | 25.6 | 51.72 | 19.12 | 98,450,354 |
| GLD | NA | 90.69 | 97.24 | 70.14 | 11,621,340 |
| IVV | 12,951 | 81.8 | 143.08 | 68.24 | 6,124,571 |
| QQQQ | 10,264 | 30.82 | 50.58 | 25.51 | 156,004,994 |
| IWF | 7,987 | 35.88 | 60.06 | 30.49 | 5,931,985 |
| SHY | 7,281 | 84.12 | 85 | 82.11 | 704,509 |
| VTI | 7,626 | 40.66 | 71.09 | 33.75 | 4,531,190 |
| IWD | 5,831 | 41.94 | 78.53 | 34.22 | 4,369,360 |



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