A Brief Look At The Week Ahead

While the market is predicting Vodafone will reveal an adjusted pre-tax profit of between 8.4bn and 8.6bn, a marginal increase on 2005, on Tuesday, the numbers will have to compete with the promised findings of the much-anticipated strategic review. Analysts are keen to see an increased dividend payout ratio, modernisation of the "One Vodafone" cost-cutting project and a reiteration of the new regional focus. The future of the company's 45% stake in Verizon Wireless remains a problem, though Verizon is increasing in value so there is no immediate pressure to sell. On Wednesday, Northern Foods publishes full-year results. Following two profit warnings and a 35% share price slump this year, investors will be searching for any straw of improvement to cling to. The maker of Goodfellas pizza has already telegraphed a 45m pre-tax profit, against 62m last year, as falling biscuit and pastry sales, heavy discounting and price pressure from heavyweight clients such as M&S begin to bite. With the likelihood of no second-half dividend and a weak 2007 interim result, analysts are looking for news of disposals and a revamped cost programme. Also on Wednesday, Corus releases its Q1 results, fresh from the 570m sale of its rolled-aluminium business. The market consensus is for moderate "earnings before costs" of 167m as margin pressure and energy price rises hurt the bottom line. However, analysts at Deutsche Bank are upbeat about the Q2 and Q3 outlook, due to rising steel prices and strong underlying demand. Other companies in the limelight this week include Speedy Hire and Scottish & Southern Energy on Wednesday with Electrocomponents, United Utilities and Vedanta Resources on Thursday Also of interest this week will be UK housing price and volume data, and the minutes from the last US Federal Reserve meeting providing an insight into the American central bank's stance on interest rates. Good hunting! Greystone (Greystone is Alan English, City Editor at MoneyAM.)

This is my selection for the "UPS" this week AEX

Share	Volume	Chart	News	Various
AEX price 33 .50p	Not large volume but almost all buying during the day last Friday	Bouncing from support 30p as all Indicators are at well oversold, MACD on the turning and share price rising from lower Bollinger Band	Explores and produces oil balancing risk and reward on a few contries, much is expected from a 20 years deal with North Korea signed last year, the Shakalin Siberian oil field it is hope continues into Korean waters	Most of the recent operrational activity has ben in africa, but Korean activity is expected to acelerate during 2006 with new partners to be brought in

AEX Charts

Charts - 5 day

6 month with MA and Indicators

3 month with MA and Indicators

2 weeks bollinger bands, MACD

           JOKE OF THE DAY

There was this midwestern phone company that was to going hire
one team of telephone pole installers and the boss had to choose
between a team of blondes and a team of brown-haired guys.

So the boss said to both teams: "Here's what we'll do.
Each team will be installing poles out on the new road.
The team that installs the most poles gets the job."

Both teams headed right out. At end of shift,
the brown-haired guys came back and the Boss asked them
how many they had installed and they said they'd put 12 in.

45 minutes later, the blondes came back in and they were dragging.
The boss said, "Well, how many poles did you guys install?"

The team leader wiped his brow and sighed, "We got three in."
The boss gasped, "Three? Those guys put 12 in!"

"Yeah," said the blond leader,
"But you should see how much they left sticking out!"

One for the "UPS"

PVR - Mid 5.375p

Reason -Rising for the last couple days after having a good drop like most oils. Indicators at oversold and now going higher, rumours of a large oil Company will be parner on some of their farm outs

Charts - 5 day

6 month with MA and Indicators

2 weeks bollinger bands, MACD

3 month with MA and Indicators

Came across this excellent site for anyone who needs to know which markets are open when
www.worldmarkets.com

eg: Sydney is the first market to reopen, in 1hr 15mins from now, and Tokyo 30 minutes later.

Good morning all.

Good morning traders!

Hope you all had a great weekend!

In Asia today, the Hang Seng ended the morning down 52.89 points at 15,910.88, while the Nikkei was recently down 39.27 points at 15,876.41.

New York's main oil contract, light sweet crude for July delivery was up 38 cents at $71.75 a barrel from its close of $71.37 in the US on Friday.

Happy trading!

G.

Good morning all

Looks like the MMs are using the red pens once again,
just now FTSE down 84 points and the other indices much the same
about 1.75% on the red.

However, Master RSI, both Dow and FTSE are now recovering and are hovering just below the chartists critical resistance/support level of 11240 and 5740 respectively

        JOKE OF THE DAY

Midday Market Summary

GGG is on the move up again after consolidating at the lower prices recently

Indicators turning up at the same time as share price

All type of rumours around of news soon

GGG 14.50 - 15p +1.125p

gone further up on the bid, but the most important thing is online one is only able to buy 15k but one can sell 75K @ 14.70p meaning that they have an order to fill, most likely some "T" trades @ 15p will be reported close to the end of the trading day

DES

was moving higher at mid afternooon

GGG 14.50 - 15p +1.125p

the first "T" trade 100 @ 15p is now reported

more to come ?

PXC was good and solid on a horrid day too