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The Weekly Wrap: Saturday, August 13, 2005

13 August 2005
Author: site admin Posted under The Markets, Top 20 Stocks

Well, it wasn’t a big week one way or another, but it left me wondering where we are going. Maybe next week will tell us. However this past week oil went from $62.32 a barrel to $66.86 (up big-time at the pumps too). The Fed raised the Fed funds rate 1/4 point to 3.5% as expected and the 10-year note fell from 4.39% to 4.24%. FCL and ADSK held up well this week with ADSK - Autodesk, Inc. due to report earnings Thursday, August 18, 2005 after the close. I am still looking for a spot to get in on RAIL but am being patient.

Markets at a Glance
Index Started Week Ended Week Weekly Change Yearly Change
DJIA 10,558.03 10,600.31 +42.28 (+0.40%) -1.70%
Nasdaq 2177.91 2156.90 -21.01 (-1.00%) -0.90%
S&P 500 1226.42 1230.39 +3.97 (+0.30%) +1.50%
Russell 2000 662.79 660.00 -2.79 (-0.40%) +1.3%


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